Touchstone Exploration Inc trades with the ticker TXP on the TSX and is in the Oil & Gas E&P industry.
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 and development production on four onshore 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.
Looking to invest in Touchstone Exploration Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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TXP.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $213.134MM
PE Ratio: 0.0
Price: 52.2 (Updated: 3/12/2024 0:47:16)
Touchstone Exploration Inc (TXP) vs Competitors in Oil & Gas E&P
Lets see how TXP.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Touchstone Exploration Inc (TXP) vs Advantage Oil & Gas Ltd (AAV)
- AAV has higher EPS (0.59 vs 0.0). AAV has a higher P/E ratio (16.729 vs 0.0) indicating it’s more expensive.
- Touchstone Exploration Inc (TXP) vs Africa Oil Corp (AOI)
- AOI has higher EPS (0.24 vs 0.0). AOI provides dividends, while TXP does not. AOI has a higher P/E ratio (8.708 vs 0.0) indicating it’s more expensive.
- Touchstone Exploration Inc (TXP) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 0.0). ARX provides dividends, while TXP does not. ARX has a higher P/E ratio (8.981 vs 0.0) indicating it’s more expensive.
- Touchstone Exploration Inc (TXP) vs Athabasca Oil Corporation (ATH)
- TXP has higher EPS (0.0 vs -0.09). ATH has a P/E under 0, indicating TXP (P/E 0.0) is in a better position.
- Touchstone Exploration Inc (TXP) vs Birchcliff Energy Ltd (BIR)
- BIR has higher EPS (0.32 vs 0.0). BIR provides dividends, while TXP does not. BIR has a higher P/E ratio (17.25 vs 0.0) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (0.00) than the industry average (9.55), indicating potential undervaluation.
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