TX

Touchstone Exploration Inc (TXP)

EnergyOil & Gas E&P
9.14GBX
-1.22%
Magic Rank
#32
Earnings Yield
19.4%
Return on Capital
> 999%
Market Cap
24.8M

Performance vs S&P 500 (5Y)

TXP.LSE
S&P 500

About Touchstone Exploration Inc

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.

Magic Formula Analysis

Enterprise Value45.6M
Market / Universe
gb
United Kingdom

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio7.10
Dividend YieldN/A
Debt to Equity0.30
Gross Margin0.4%