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Touchstone Exploration Inc.

TXP.TO TSX Energy Calgary, Canada
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Stock Performance
Price History
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Market Data
Market Cap 56.8M
P/E Ratio -
52-Week High -
52-Week Low -
Avg Volume -
Beta -
Forward P/E -
Dividend Yield -
EV/Revenue -
Price/Book -
Business Overview

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. The company also operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Government of the Republic of Trinidad and Tobago Ministry of Energy and Energy Industries under the lease operatorship agreements (LOAs) and an enhanced production service contract (EPSC) with Heritage Petroleum Company Limited, as well as private subsurface and surface leases with individual landowners. In addition, it focuses on onshore oil and natural gas properties comprising approximately 145,000 working interest acres of exploration and development rights located in southern Trinidad; and holds 3,898 gross and net acres of undeveloped acreage in Saskatchewan, Canada. 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.

Energy Oil & Gas E&P TSX
Key Financial Metrics
57.5M
Revenue
8.3M
Net Income
C$0.04
EPS (Diluted)
-9.5M
Free Cash Flow
Profitability
Gross Margin 59.4%
Operating Margin 19.5%
Net Profit Margin 14.4%
EBITDA 18.3M
Returns & Efficiency
Return on Assets (ROA) 5.4%
Return on Equity (ROE) 12.0%
Dividend Yield -
Payout Ratio -
Financial Health
Total Assets 152.3M
Total Debt 39.2M
Debt to Equity 0.57x
Current Ratio 0.94
Company Info
IndustryOil & Gas E&P
HQCalgary, Canada
Employees104
Fiscal Year End1735603200
CurrencyCAD
Websitewww.touchstoneexploration.com
Peers
Enbridge Inc.
ENB.TO
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P/E: 23.1
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P/E: 109.8
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35.6B
P/E: 23.0
Insider Activity
Sentiment Bullish
Shares Bought 10,709,338
Shares Sold 0
Total Transactions 66
SEDAR+ Filings
View All Filings
15
Quarterly Reports
15
MD&A
76
News Releases
6
Material Changes
7
Governance
32
Certifications
29
Other
Interactive Charts
Company Profile
General Information
Company NameTouchstone Exploration Inc.
TickerTXP.TO
ExchangeTSX
SectorEnergy
IndustryOil & Gas E&P
HeadquartersCalgary, Canada
Employees104
Fiscal Year End1735603200
CurrencyCAD
Websitewww.touchstoneexploration.com
Financial Summary
Market Cap56.8M
Revenue57.5M
Net Income8.3M
P/E RatioN/A
EPS (Diluted)C$0.04
Net Margin14.4%
ROE12.0%
Dividend YieldN/A
Business Description
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. The company also operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Government of the Republic of Trinidad and Tobago Ministry of Energy and Energy Industries under the lease operatorship agreements (LOAs) and an enhanced production service contract (EPSC) with Heritage Petroleum Company Limited, as well as private subsurface and surface leases with individual landowners. In addition, it focuses on onshore oil and natural gas properties comprising approximately 145,000 working interest acres of exploration and development rights located in southern Trinidad; and holds 3,898 gross and net acres of undeveloped acreage in Saskatchewan, Canada. 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.
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