Touchstone Exploration Inc. (T:TXP)
Business Focus: Oil & Gas Exploration and Production (NEC)
Rain as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for TXP within the last 6 months
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Company News
May 14, 2024 02:00 ET
Touchstone Exploration Announces First Quarter 2024 Financial and Operating Results and Provides an Operational Update
CALGARY, AB / ACCESSWIRE / May 14, 2024 / Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) reports its financial and operating results for the three months ended March 31, 2024 and provides an operational update.
May 01, 2024 02:00 ET
Touchstone Exploration Announces Acquisition of Trinity Exploration and Production Plc
CALGARY, AB / ACCESSWIRE / May 1, 2024 / Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) is pleased to announce that it has reached an agreement with Trinity Exploration and Production Plc ("Trinity") on the terms of an all-share acquisition by which Touchstone will acquire all of the issued and to be issued ordinary share capital of Trinity (the "Acquisition"). Trinity is a crude oil exploration, development and production company with onshore and offshore ass
Valuation Ratios
Industry
Sector
Beta
0.69
--
--
Price to Sales - TTM
2.28
3.22
3.40
Price to Book - most recent quarter
1.54
1.43
1.78
Price to Cash Flow per share - TTM
--
4.91
6.20
Price to Free Cash Flow per share - TTM
--
16.44
16.41
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 30,379 | -164,964 |
| Apr 15, 2024 | 195,343 | 102,863 |
| Mar 31, 2024 | 92,480 | 83,449 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.
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