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Touchstone Exploration TSX:TXP Stock Report

Last Price

CA$0.41

Market Cap

CA$95.8m

7D

1.3%

1Y

-46.7%

Updated

19 Dec, 2024

Data

Company Financials +

Touchstone Exploration Inc.

TSX:TXP Stock Report

Market Cap: CA$95.8m

TXP Stock Overview

Engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. More details

TXP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Touchstone Exploration Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Touchstone Exploration
Historical stock prices
Current Share PriceCA$0.41
52 Week HighCA$0.92
52 Week LowCA$0.39
Beta0.65
1 Month Change-25.00%
3 Month Change-31.36%
1 Year Change-46.71%
3 Year Change-76.04%
5 Year Change1.25%
Change since IPO-3.57%

Recent News & Updates

Touchstone Exploration Inc. (TSE:TXP) Stock's 37% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Dec 10
Touchstone Exploration Inc. (TSE:TXP) Stock's 37% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt

Nov 07
Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt

Recent updates

Touchstone Exploration Inc. (TSE:TXP) Stock's 37% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Dec 10
Touchstone Exploration Inc. (TSE:TXP) Stock's 37% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt

Nov 07
Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt

Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?

May 21
Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?

Touchstone Exploration Inc.'s (TSE:TXP) P/S Is Still On The Mark Following 26% Share Price Bounce

Mar 07
Touchstone Exploration Inc.'s (TSE:TXP) P/S Is Still On The Mark Following 26% Share Price Bounce

Capital Allocation Trends At Touchstone Exploration (TSE:TXP) Aren't Ideal

Dec 14
Capital Allocation Trends At Touchstone Exploration (TSE:TXP) Aren't Ideal

Touchstone Exploration (TSE:TXP) Seems To Be Using A Lot Of Debt

Aug 25
Touchstone Exploration (TSE:TXP) Seems To Be Using A Lot Of Debt

Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?

Apr 25
Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?

These 4 Measures Indicate That Touchstone Exploration (TSE:TXP) Is Using Debt Extensively

Oct 04
These 4 Measures Indicate That Touchstone Exploration (TSE:TXP) Is Using Debt Extensively

Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically

Sep 07
Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically

Returns At Touchstone Exploration (TSE:TXP) Are On The Way Up

Sep 02
Returns At Touchstone Exploration (TSE:TXP) Are On The Way Up

Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?

Jun 14
Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?

The Consensus EPS Estimates For Touchstone Exploration Inc. (TSE:TXP) Just Fell Dramatically

Apr 16
The Consensus EPS Estimates For Touchstone Exploration Inc. (TSE:TXP) Just Fell Dramatically

Shareholders In Touchstone Exploration (TSE:TXP) Should Look Beyond Earnings For The Full Story

Apr 05
Shareholders In Touchstone Exploration (TSE:TXP) Should Look Beyond Earnings For The Full Story

Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically

Mar 30
Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically

Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?

Mar 08
Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?

Shareholder Returns

TXPCA Oil and GasCA Market
7D1.3%-5.7%-4.1%
1Y-46.7%12.4%16.7%

Return vs Industry: TXP underperformed the Canadian Oil and Gas industry which returned 12.4% over the past year.

Return vs Market: TXP underperformed the Canadian Market which returned 16.7% over the past year.

Price Volatility

Is TXP's price volatile compared to industry and market?
TXP volatility
TXP Average Weekly Movement9.5%
Oil and Gas Industry Average Movement6.4%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: TXP has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TXP's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aPaul Baaywww.touchstoneexploration.com

Touchstone Exploration Inc. engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

Touchstone Exploration Inc. Fundamentals Summary

How do Touchstone Exploration's earnings and revenue compare to its market cap?
TXP fundamental statistics
Market capCA$95.77m
Earnings (TTM)-CA$17.88m
Revenue (TTM)CA$71.60m

1.3x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TXP income statement (TTM)
RevenueUS$49.75m
Cost of RevenueUS$9.52m
Gross ProfitUS$40.23m
Other ExpensesUS$52.65m
Earnings-US$12.42m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.053
Gross Margin80.86%
Net Profit Margin-24.97%
Debt/Equity Ratio46.1%

How did TXP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:43
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Touchstone Exploration Inc. is covered by 25 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant HoferBarclays
Kirk WilsonBeacon Securities Limited
Andrew FairbanksBofA Global Research