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Torchlight Energy Resources (Torchlight Energy Resources) Pre-Tax Income : $-11.14 Mil (TTM As of Mar. 2021)


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What is Torchlight Energy Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Torchlight Energy Resources's pretax income for the three months ended in Mar. 2021 was $-2.06 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2021 was $-11.14 Mil. Torchlight Energy Resources's pretax margin was -102,800.00%.


Torchlight Energy Resources Pre-Tax Income Historical Data

The historical data trend for Torchlight Energy Resources's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Torchlight Energy Resources Pre-Tax Income Chart

Torchlight Energy Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.68 -0.92 -5.81 -9.84 -12.78

Torchlight Energy Resources Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.69 -3.30 -0.89 -4.90 -2.06

Competitive Comparison of Torchlight Energy Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, Torchlight Energy Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Torchlight Energy Resources's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Torchlight Energy Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Torchlight Energy Resources's Pre-Tax Income falls into.



Torchlight Energy Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Torchlight Energy Resources's Pretax Income for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-4.342+-7.213+-1.24+0.013+0
=-12.78

Torchlight Energy Resources's Pretax Income for the quarter that ended in Mar. 2021 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.735+0.077+-0.508+0.11+4.4408920985006E-16
=-2.06

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.14 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Torchlight Energy Resources  (NAS:TRCH) Pre-Tax Income Explanation

Torchlight Energy Resources's Pretax Margin for the quarter that ended in Mar. 2021 is calculated as

Pretax Margin=Pretax Income/Revenue
=-2.056/0.002
=-102,800.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Torchlight Energy Resources Pre-Tax Income Related Terms

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Torchlight Energy Resources (Torchlight Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
5700 W. Plano Parkway, Suite 3600, Plano, TX, USA, 75093
Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. The firm's primary interests include the Orogrande Project in Hudspeth County, Texas and the Hazel Project in the Midland Basin.
Executives
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Greg Mccabe director, 10 percent owner 500 WEST TEXAS AVE., SUITE 890, MIDLAND TX 79701
Roger N Wurtele officer: Chief Financial Officer 5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
John A. Brda director, officer: President and CEO 1425 FRONTENAY, WARSON WOODS MO 63122
Michael James Graves director 5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Robert Lance Cook director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75903
Robert David Newton director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Mccabe Petroleum Corp 10 percent owner P.O. BOX 11188, MIDLAND TX 79702
Ernest Scott Kimbrough director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Shockey Eunis Lorance Jr director 10827 STONE CANYON ROAD, DALLAS TX 75230
Mcandrew Willard Greer Iii other: Former Officer and Director 5700 WEST PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Jerry D Barney 10 percent owner 841 ANDREW RUN, CANYON LAKE TX 78133
Edward J Devereaux director 1713 VILLA COURT, CORINTH TX 76210
G Mc Exploration, Llc 10 percent owner 400 PINE STREET, SUITE 700, ABILENE TX 79601
Robert Kenneth Dulin 10 percent owner 8449 GREENWOOD DRIVE, NIWOT CO 80503