TSE:TXP

Touchstone Exploration Stock Forecast, Price & News

C$1.76

0.00 (0.00 %)

(As of 04/16/2021 12:00 AM ET)

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Today's Range

C$1.74

Now: C$1.76▼

C$1.78

50-Day Range

C$1.51

MA: C$2.24▼

C$2.70

52-Week Range

C$0.41

Now: C$1.76▼

C$3.06

Volume199,365 shs

Average Volume388,921 shs

Market CapitalizationC$368.54 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Touchstone Exploration Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in the Republic of Trinidad and Tobago. It has interests in a range of small undeveloped exploration properties; and 3 exploration blocks. The company's principle exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc. in May 2014. Touchstone Exploration Inc. is headquartered in Calgary, Canada.

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:TXP

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.touchstoneexploration.com

Phone403-750-4400

Employees91

Year FoundedN/A

Debt

Debt-to-Equity Ratio12.52

Current Ratio1.79

Quick Ratio1.77

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio21.68

P/E Growth4.01

Sales & Book Value

Annual SalesC$14.23 million

Price / Sales25.91

Cash FlowC$0.10 per share

Price / Cash Flow17.67

Book ValueC$0.29 per share

Price / Book6.11

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares209,400,000

Market CapC$368.54 million

Next Earnings Date5/13/2021 (Estimated)

OptionableNot Optionable

Headlines

Touchstone Exploration (TSE:TXP) Shares Up 16.3%
April 12, 2021 | americanbankingnews.com

Touchstone Exploration (TSE:TXP) Shares Pass Below Fifty Day Moving Average of $2.40
April 9, 2021 | americanbankingnews.com

Touchstone Exploration (TSE:TXP) Stock Price Down 5.8%
April 1, 2021 | americanbankingnews.com

Touchstone Exploration (TSE:TXP) Trading Down 3%
March 26, 2021 | americanbankingnews.com

Touchstone Announces Year-End 2020 Results
March 26, 2021 | markets.businessinsider.com

Touchstone Exploration on a drilling roll at Ortoire project
December 19, 2020 | proactiveinvestors.com.au

Top Oil and Gas Stocks for Q1 2021
December 10, 2020 | finance.yahoo.com

Live Updates: Congratulations continue to pour in for Biden, Harris
November 9, 2020 | msn.com

Touchstone Raises US$30 Million in Connection with Private Placement
November 3, 2020 | markets.businessinsider.com

Touchstone Exploration Inc. - Proposed Private Placement Raising up to US$30 Million to Continue Successful Ortoire Exploration
November 3, 2020 | bloomberg.com

If You Own P10 Holdings (PIOE) Stock, Should You Sell It Now?
October 21, 2020 | finance.yahoo.com

Touchstone Shares Surge On "Significant" Chinook Natural Gas Discovery
October 14, 2020 | lse.co.uk

Touchst Ex Di Regulatory News
October 14, 2020 | lse.co.uk

Black-owned WHTWRKS Recognized for Exceptional Revenue Growth in Multiple Categories on Adweek's Fastest Growing List
October 7, 2020 | markets.businessinsider.com

Touchst Ex Di Share Chat
October 6, 2020 | lse.co.uk

Touchstone Announces Significant Cascadura Independent Reserves Evaluation
July 20, 2020 | finance.yahoo.com

Touchstone Enters into Escrow Arrangements for US$20 Million Term Loan
May 27, 2020 | finance.yahoo.com

Touchstone Announces First Quarter 2020 Results and Operational Update
May 14, 2020 | finance.yahoo.com

Touchstone Exploration Inc. (TXP.TO)
May 13, 2020 | ca.finance.yahoo.com

Proactive news snapshot: Tiziana Life Sciences, Greatland Gold, Europa Metals, Touchstone Exploration
March 11, 2020 | www.proactiveinvestors.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.29 out of 5 stars

3.8 Analyst's Opinion

Consensus Rating
Touchstone Exploration has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$4.00, Touchstone Exploration has a forecasted upside of 127.3% from its current price of C$1.76.
Amount of Analyst Coverage
Touchstone Exploration has received no research coverage in the past 90 days.

2.7 Community Rank

Outperform Votes
Touchstone Exploration has received 149 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Touchstone Exploration has received 131 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Touchstone Exploration has received 53.21% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Touchstone Exploration and other stocks. Vote “Outperform” if you believe TXP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TXP will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Touchstone Exploration does not currently pay a dividend.
Dividend Growth
Touchstone Exploration does not have a long track record of dividend growth.

0.0 Company Ownership

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

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Touchstone Exploration is -23.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Touchstone Exploration is -23.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Touchstone Exploration has a PEG Ratio of 4.01. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Touchstone Exploration has a P/B Ratio of 6.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$1.76

0.00 (0.00 %)

(As of 04/16/2021 12:00 AM ET)

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Touchstone Exploration (TSE:TXP) Frequently Asked Questions

Is Touchstone Exploration a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Touchstone Exploration in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" Touchstone Exploration stock.
View analyst ratings for Touchstone Exploration or view top-rated stocks.

What stocks does MarketBeat like better than Touchstone Exploration?

Wall Street analysts have given Touchstone Exploration a "Strong Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Touchstone Exploration wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Touchstone Exploration's next earnings date?

Touchstone Exploration is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for Touchstone Exploration.

How were Touchstone Exploration's earnings last quarter?

Touchstone Exploration Inc. (TSE:TXP) posted its quarterly earnings data on Friday, March, 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The business earned $4.41 million during the quarter.
View Touchstone Exploration's earnings history.

How has Touchstone Exploration's stock price been impacted by COVID-19 (Coronavirus)?

Touchstone Exploration's stock was trading at C$0.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TXP shares have increased by 188.5% and is now trading at C$1.76.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for TXP?

2 equities research analysts have issued 1-year price objectives for Touchstone Exploration's shares. Their forecasts range from C$4.00 to C$4.00. On average, they anticipate Touchstone Exploration's share price to reach C$4.00 in the next twelve months. This suggests a possible upside of 127.3% from the stock's current price.
View analysts' price targets for Touchstone Exploration or view top-rated stocks among Wall Street analysts.

Who are Touchstone Exploration's key executives?

Touchstone Exploration's management team includes the following people:

Mr. Paul Raymond Baay, Pres, CEO & Director (Age 58, Pay $656.69k)
Mr. Scott Christopher Budau, Chief Financial Officer
Mr. James Shipka, Chief Operating Officer
Mr. Thomas E. Valentine, Corp. Sec. & Independent Director (Age 59, Pay $50k)
Mr. Timothy David Sweeney, Gen. Counsel
Mr. Thomas Edwards Valentine, Corp. Sec. & Independent Director (Age 59)

Who are some of Touchstone Exploration's key competitors?

Some companies that are related to Touchstone Exploration include Raging River Exploration (RRX), Whiting Petroleum (WLL), Freehold Royalties (FRU), Peyto Exploration & Development (PEY), Vine Energy (VEI), Kosmos Energy (KOS), Diversified Gas & Oil (DGOC), Headwater Exploration (HWX), Baytex Energy (BTE), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Tamarack Valley Energy (TVE), Tullow Oil (TLW), Canacol Energy (CNE), Frontera Energy (FEC) and International Petroleum (IPCO).
View all of TXP's competitors.

What other stocks do shareholders of Touchstone Exploration own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Touchstone Exploration investors own include Athabasca Oil (ATH), Cornerstone Strategic Value Fund (CLM), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Bonavista Energy Co. (BNP.TO) (BNP), Canacol Energy (CNE), Whitecap Resources (WCP), Heat Biologics (HTBX), Ivanhoe Mines (IVN), Lundin Gold (LUG) and Wentworth Resources (WRL).

What is Touchstone Exploration's stock symbol?

Touchstone Exploration trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TXP."

How do I buy shares of Touchstone Exploration?

Shares of TXP and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Touchstone Exploration's stock price today?

One share of TXP stock can currently be purchased for approximately C$1.76.

How much money does Touchstone Exploration make?

Touchstone Exploration has a market capitalization of C$368.54 million and generates C$14.23 million in revenue each year.

How many employees does Touchstone Exploration have?

Touchstone Exploration employs 91 workers across the globe.

What is Touchstone Exploration's official website?

The official website for Touchstone Exploration is www.touchstoneexploration.com.

How can I contact Touchstone Exploration?

The company can be reached via phone at 403-750-4400.

This page was last updated on 4/17/2021 by MarketBeat.com Staff

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