Torchlight Energy Resources is an energy company engaged in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the U.S. Co. is primarily focused on the acquisition of early stage projects, the development and delineation of these projects, and then the monetization of those assets once these activities are completed. Co. has interests in four oil and gas projects: the Orogrande Project in Hudspeth County, TX, the Hazel Project in Sterling, Tom Green, and Irion Counties, TX, the Winkler Project in Winkler County, TX, and the Hunton wells in partnership with Husky Ventures, Inc. in Central Oklahoma. We show 47 historical shares outstanding datapoints in our coverage of TRCH's shares outstanding history.
Understanding the changing numbers of TRCH shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TRCH versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching TRCH by allowing them to research TRCH shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
