Touchstone Exploration (TXP) Share Price, News & Analysis

Company Overview

Touchstone is incorporated under the laws of Alberta, Canada with its head office located in Calgary, Alberta. The Company, through its subsidiaries, is a petroleum and natural gas exploration and production company active in the Republic of Trinidad and Tobago ("Trinidad"). Touchstone is currently one of the largest independent onshore oil and natural gas producers in Trinidad, with assets in several reservoirs that have an extensive internally estimated inventory of petroleum and natural gas development and exploration opportunities. The Company's common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the stock symbol "TXP". The Company's strategy is to leverage Canadian operational experience and technical capability across its Trinidad onshore properties to create long-term shareholder value.

Key Stats

• Today's Range: 8.50 to 10
• 50-Day Range: 6.50 to 9
• 52-Week Range: 5.70 to 15.50
• Volume: 4.40 million shs
• Average Volume: 851,287 shs
• Market Capitalization: £31.62 million
• P/E Ratio: 3.00
• Dividend Yield: N/A
• Price Target: GBX 32
• Consensus Rating: Buy

Touchstone Exploration Stock Analysis - MarketRank™

Touchstone Exploration scored higher than 57% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Touchstone Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Touchstone Exploration has a consensus price target of GBX 32, representing about 255.6% upside from its current price of GBX 9.

Amount of Analyst Coverage

Touchstone Exploration has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Touchstone Exploration is 3.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Touchstone Exploration is 3.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.21.

Price to Book Value per Share Ratio

Touchstone Exploration has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TXP.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Touchstone Exploration does not currently pay a dividend.

Dividend Growth

Touchstone Exploration does not have a long track record of dividend growth.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.32

News Sentiment

Touchstone Exploration has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Touchstone Exploration this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Touchstone Exploration insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.01% of the stock of Touchstone Exploration is held by insiders.

Percentage Held by Institutions

0.00% of the stock of Touchstone Exploration is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: LON:TXP
• CIK: N/A
• Web: www.touchstoneexploration.com
• Phone: 403-750-4400
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Touchstone Exploration: GBX 32
• High Price Target: GBX 32
• Low Price Target: GBX 32
• Potential Upside/Downside: +255.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 3
• Trailing P/E Ratio: 3.00
• Forward P/E Ratio: 2.40
• P/E Growth: N/A
• Net Income: -£10.95 million
• Net Margins: 19.13%
• Pretax Margin: N/A
• Return on Equity: 10.28%
• Return on Assets: -5.64%

Debt

• Debt-to-Equity Ratio: 76.63
• Current Ratio: 0.52
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £47.69 million
• Price / Sales: 0.66
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 20.87 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 351,365,000
• Free Float: N/A
• Market Cap: £31.62 million
• Optionable: Not Optionable
• Beta: 0.00