Touchstone Exploration (TXP) Share Price, News & Analysis

Company Overview

Touchstone Exploration Inc. is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders. The Company’s strategy is to leverage the Board’s extensive oil recovery experience and capability to develop international onshore properties that create shareholder value. In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad. Touchstone holds over 8,700 working interest acres of onshore producing properties that have known crude oil reserves as well as over 55,000 exploration and undeveloped working interest acres that are being evaluated. Outside of its core Trinidad portfolio the Board continues to examine opportunities in jurisdictions that have stable political and fiscal regimes coupled with large defined original oil in place.

Key Stats

• Today's Range: 8.51 to 9.25
• 50-Day Range: 8.30 to 11.50
• 52-Week Range: 5.70 to 21.78
• Volume: 406,937 shs
• Average Volume: 1.16 million shs
• Market Capitalization: £28.96 million
• P/E Ratio: 2.23
• Dividend Yield: N/A
• Price Target: GBX 32
• Consensus Rating: Buy

Touchstone Exploration Stock Analysis - MarketRank™

Touchstone Exploration scored higher than 53% 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: 3.5 / 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 258.8% upside from its current price of GBX 8.92.

Amount of Analyst Coverage

Touchstone Exploration has received no research coverage 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 2.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Touchstone Exploration is 2.23, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 17.00.

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: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Touchstone Exploration has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Touchstone Exploration this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.2 / 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

4.28% 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 E&P
• Sub-Industry: N/A
• 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: +258.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 4
• Trailing P/E Ratio: 2.23
• Forward P/E Ratio: 2.37
• P/E Growth: N/A
• Net Income: -£10.95 million
• Net Margins: 23.53%
• Pretax Margin: N/A
• Return on Equity: 14.13%
• Return on Assets: -5.64%

Debt

• Debt-to-Equity Ratio: 61.54
• Current Ratio: 0.61
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £46.27 million
• Price / Sales: 0.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 20.87 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 324,734,000
• Free Float: N/A
• Market Cap: £28.96 million
• Optionable: Not Optionable
• Beta: 0.00