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Touchstone Exploration TSX:TXP Stock Report

Last Price

CA$0.66

Market Cap

CA$156.9m

7D

-1.5%

1Y

-34.0%

Updated

09 May, 2024

Data

Company Financials +

Touchstone Exploration Inc.

TSX:TXP Stock Report

Market Cap: CA$156.9m

TXP Stock Overview

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.

TXP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for TXP from our risk checks.

Touchstone Exploration Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Touchstone Exploration
Historical stock prices
Current Share PriceCA$0.66
52 Week HighCA$1.53
52 Week LowCA$0.66
Beta0.72
1 Month Change-22.35%
3 Month Change-22.35%
1 Year Change-34.00%
3 Year Change-60.95%
5 Year Change120.00%
Change since IPO57.14%

Recent News & Updates

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

Recent updates

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?

Is Touchstone Exploration (TSE:TXP) A Risky Investment?

Jun 13
Is Touchstone Exploration (TSE:TXP) A Risky Investment?

Shareholder Returns

TXPCA Oil and GasCA Market
7D-1.5%3.2%3.1%
1Y-34.0%22.4%9.9%

Return vs Industry: TXP underperformed the Canadian Oil and Gas industry which returned 21.2% over the past year.

Return vs Market: TXP underperformed the Canadian Market which returned 8.8% over the past year.

Price Volatility

Is TXP's price volatile compared to industry and market?
TXP volatility
TXP Average Weekly Movement6.7%
Oil and Gas Industry Average Movement6.5%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TXP's share price has been volatile over the past 3 months.

Volatility Over Time: TXP's weekly volatility (7%) 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$156.92m
Earnings (TTM)-CA$28.17m
Revenue (TTM)CA$49.22m

3.1x

P/S Ratio

-5.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TXP income statement (TTM)
RevenueUS$35.99m
Cost of RevenueUS$9.26m
Gross ProfitUS$26.73m
Other ExpensesUS$47.32m
Earnings-US$20.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.088
Gross Margin74.26%
Net Profit Margin-57.23%
Debt/Equity Ratio46.8%

How did TXP perform over the long term?

See historical performance and comparison
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