Touchstone Exploration Inc

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Touchstone Exploration Inc (TXP) Price Performance

Touchstone Exploration Inc (TXP) trades on Toronto Stock Exchange in CAD. The company is classified in the Energy sector under the Oil & Gas E&P industry. The stock currently trades at CAD0.19, down 2.56% from the previous close.

Over the past year, TXP has traded between a low of CAD0.12 and a high of CAD0.29. The stock has lost 29.6% over this period. It is currently 34.5% below its 52-week high.

Touchstone Exploration Inc has a market capitalization of $43.84M, with a price-to-earnings ratio of 13.50.

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.