Should I buy or sell Touchstone Exploration stock right now?

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

What is Touchstone Exploration's stock price target for 2024?

1 brokerages have issued 12-month price targets for Touchstone Exploration's shares. Their TXP share price targets range from C$200.00 to C$200.00. On average, they anticipate the company's share price to reach C$200.00 in the next twelve months. This suggests a possible upside of 26,566.7% from the stock's current price. View analysts price targets for TXP or view top-rated stocks among Wall Street analysts .

How have TXP shares performed in 2024?

Touchstone Exploration's stock was trading at C$0.72 at the start of the year. Since then, TXP stock has increased by 4.2% and is now trading at C$0.75. View the best growth stocks for 2024 here .

When is Touchstone Exploration's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our TXP earnings forecast .

How were Touchstone Exploration's earnings last quarter?

Touchstone Exploration Inc. (TSE:TXP) issued its quarterly earnings results on Thursday, March, 21st. The company reported ($0.12) EPS for the quarter. The business earned $28.26 million during the quarter. Touchstone Exploration had a negative net margin of 57.23% and a negative trailing twelve-month return on equity of 29.82%.

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) .

How do I buy shares of Touchstone Exploration?

Shares of TXP stock 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 .

TSE:TXP

Touchstone Exploration (TXP) Stock Price, News & Analysis

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Free TXP Stock Alerts

C$0.75

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$0.75
▼
C$0.78
50-Day Range: C$0.75
▼
C$0.91
52-Week Range: C$0.68
▼
C$1.53

Volume: 34,733 shs
Average Volume: 83,153 shs
Market Capitalization: C$175.66 million

P/E Ratio: N/A
Dividend Yield: 0.27%
Price Target: C$200.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Touchstone Exploration alerts:

Touchstone Exploration MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 26,566.7% Upside
C$200.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.12
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.11 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Touchstone Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Touchstone Exploration has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TXP.

0.0

Dividend Strength

Dividend Yield
Touchstone Exploration has a dividend yield of 0.27%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Touchstone Exploration does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TXP.

3.4

News and Social Media Coverage

News Sentiment
Touchstone Exploration has a news sentiment score of 1.12. 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 higher news sentiment than the 0.46 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Touchstone Exploration this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for TXP on MarketBeat in the last 30 days.

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.
Percentage Held by Insiders
Only 8.24% of the stock of Touchstone Exploration is held by insiders.
Percentage Held by Institutions
Only 7.14% of the stock of Touchstone Exploration is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Touchstone Exploration is -6.25, 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 -6.25, 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 3.00. 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

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About Touchstone Exploration Stock (TSE:TXP)

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 and development production on four lease operatorship properties. 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.

TXP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TXP Stock News Headlines

April 14, 2024 | americanbankingnews.com

Touchstone Exploration (TSE:TXP) Shares Down 5%

April 10, 2024 | americanbankingnews.com

Touchstone Exploration (TSE:TXP) Stock Price Passes Above Fifty Day Moving Average of $0.85

April 18, 2024 | American Alternative (Ad)

Your Money is Not Safe

March 22, 2024 | finance.yahoo.com

Touchstone Exploration Full Year 2023 Earnings: EPS Misses Expectations

March 21, 2024 | finance.yahoo.com

Touchstone Exploration discusses transformational 2023 and the road ahead

March 21, 2024 | ca.finance.yahoo.com

Stocks in play: Touchstone Exploration Inc.

February 24, 2024 | benzinga.com

Touchstone Exploration Stock (OTC:PBEGF) Dividends: History, Yield and Dates

February 20, 2024 | au.finance.yahoo.com

Touchstone Exploration Inc. (PNW1.SG)

April 18, 2024 | American Alternative (Ad)

Your Money is Not Safe

January 28, 2024 | msn.com

FTSE 100 shares: the best opportunity in a decade to get rich?

January 26, 2024 | finance.yahoo.com

Touchstone Exploration's (TSE:TXP) investors will be pleased with their solid 223% return over the last five years

January 18, 2024 | finance.yahoo.com

Touchstone Exploration Inc. Announces Notification of Major Holdings

December 19, 2023 | finance.yahoo.com

Touchstone Announces 2024 Capital Budget, Preliminary 2024 Guidance and an Operational Update

December 19, 2023 | finance.yahoo.com

Touchstone Exploration Inc. Announces 2024 Budget Guidance and Operational Update

November 26, 2023 | seekingalpha.com

TXP:CA Touchstone Exploration Inc.

November 14, 2023 | proactiveinvestors.com

Touchstone Energy results show game-changing impact of Cascadura startup

November 14, 2023 | finance.yahoo.com

Touchstone Announces Third Quarter 2023 Financial and Operating Results and Provides an Operational Update

October 2, 2023 | lse.co.uk

Touchstone Exploration Share Chat

September 29, 2023 | finance.yahoo.com

Touchstone Exploration (TSE:TXP) Could Be Struggling To Allocate Capital

September 27, 2023 | lse.co.uk

Touchstone Exploration put foot on the gas in Trinidad as they target 30,000 BOE and the FTSE 250

September 18, 2023 | proactiveinvestors.com

Touchstone’s production results are ‘very encouraging’, says Shore Cap

September 18, 2023 | proactiveinvestors.com

Touchstone Exploration quickly hits target production rate

September 18, 2023 | finanznachrichten.de

Touchstone Exploration, Inc.: Touchstone Provides Cascadura Production Update

September 18, 2023 | finance.yahoo.com

Touchstone Provides Cascadura Production Update

September 7, 2023 | finanznachrichten.de

Touchstone Exploration, Inc.: Touchstone Announces Commencement of Cascadura Production

September 7, 2023 | finance.yahoo.com

Touchstone Announces Commencement of Cascadura Production

August 24, 2023 | lse.co.uk

Touchstone completes testing at Ropyston-1X; aims to begin pumping

See More Headlines

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Company Calendar

Last Earnings: 3/21/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:TXP
CUSIP: N/A
CIK: N/A
Web: www.touchstoneexploration.com
Phone: 403-750-4400
Fax: N/A
Employees: 95
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$200.00
High Stock Price Target: C$200.00
Low Stock Price Target: C$200.00
Potential Upside/Downside: +26,566.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.07
P/E Growth: 4.01
Net Income: C$-20,600,000.00
Net Margins: -57.23%
Pretax Margin: N/A
Return on Equity: -29.82%
Return on Assets: -10.19%

Debt

Debt-to-Equity Ratio: 54.05
Current Ratio: 0.75
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: C$35.99 million
Price / Sales: 4.88
Cash Flow: C$0.03 per share
Price / Cash Flow: 21.95
Book Value: C$0.25 per share
Price / Book: 3.00

Miscellaneous

Outstanding Shares: 234,210,000
Free Float: N/A
Market Cap: C$175.66 million
Optionable: Not Optionable
Beta: 0.79

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Key Executives

Mr. Paul Raymond Baay B.A. (Age 61)
ICD.D, President, CEO & Non-Independent Director
Comp: $655.12k
Mr. James Shipka B.Sc.
Chief Operating Officer
Mr. Thomas Edwards Valentine (Age 62)
Corporate Secretary
Comp: $40k
Mr. Timothy David Sweeney
General Counsel

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

TXP Stock Analysis - Frequently Asked Questions

Should I buy or sell Touchstone Exploration stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Touchstone Exploration in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TXP shares.
View TXP analyst ratings or view top-rated stocks.
What is Touchstone Exploration's stock price target for 2024?: 1 brokerages have issued 12-month price targets for Touchstone Exploration's shares. Their TXP share price targets range from C$200.00 to C$200.00. On average, they anticipate the company's share price to reach C$200.00 in the next twelve months. This suggests a possible upside of 26,566.7% from the stock's current price.
View analysts price targets for TXP or view top-rated stocks among Wall Street analysts.
How have TXP shares performed in 2024?: Touchstone Exploration's stock was trading at C$0.72 at the start of the year. Since then, TXP stock has increased by 4.2% and is now trading at C$0.75.
View the best growth stocks for 2024 here.
When is Touchstone Exploration's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our TXP earnings forecast.

How were Touchstone Exploration's earnings last quarter?: Touchstone Exploration Inc. (TSE:TXP) issued its quarterly earnings results on Thursday, March, 21st. The company reported ($0.12) EPS for the quarter. The business earned $28.26 million during the quarter. Touchstone Exploration had a negative net margin of 57.23% and a negative trailing twelve-month return on equity of 29.82%.
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).
How do I buy shares of Touchstone Exploration?: Shares of TXP stock 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.

This page (TSE:TXP) was last updated on 4/18/2024 by MarketBeat.com Staff

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Touchstone Exploration (TXP) Stock Price, News & Analysis

Touchstone Exploration MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Touchstone Exploration Stock (TSE:TXP)

TXP Stock Price History

TXP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TXP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™