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. The company also operates upstream petroleum and natural gas activities under Lease Operatorship Agreements and an Enhanced Production Service Contract with Heritage and exploration and production licences with the Government of the Republic of Trinidad and Tobago's Ministry of Energy and Energy Industries, as well as holds private subsurface and surface leases with individual landowners. In addition, it focuses on onshore oil and natural gas properties comprising approximately 149,000 working interest acres of exploration and development rights located in southern Trinidad; and holds 3,898 gross and net acres of undeveloped land 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. was founded in 2010 and is headquartered in Calgary, Canada.
Research context
Touchstone Exploration Inc appears in PyInvesting’s London Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- GBP
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
Touchstone Exploration Inc is currently in a long term downtrend where the price is trading 31.0% below its 200 day moving average.
From a valuation standpoint, the stock is 98.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 11.8.
Touchstone Exploration Inc's total revenue sank by 50.2% to $4M since the same quarter in the previous year.
Its net income has increased by 146.6% to $2M since the same quarter in the previous year.
Finally, its free cash flow fell by 568.2% to $-9M since the same quarter in the previous year.
Based on the above factors, Touchstone Exploration Inc gets an overall score of 2/5.