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TXP Touchstone Exploration Inc

33.80
-0.95 (-2.73%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Touchstone Exploration Inc LSE:TXP London Ordinary Share CA89156L1085 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.95 -2.73% 33.80 34.50 35.00 34.75 34.50 34.75 216,033 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 35.99M -20.6M -0.0879 -6.83 140.53M
Touchstone Exploration Inc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker TXP. The last closing price for Touchstone Exploration was 34.75p. Over the last year, Touchstone Exploration shares have traded in a share price range of 31.25p to 94.50p.

Touchstone Exploration currently has 234,212,726 shares in issue. The market capitalisation of Touchstone Exploration is £140.53 million. Touchstone Exploration has a price to earnings ratio (PE ratio) of -6.83.

Touchstone Exploration Share Discussion Threads

Showing 39876 to 39899 of 39900 messages
Chat Pages: 1596  1595  1594  1593  1592  1591  1590  1589  1588  1587  1586  1585  Older
DateSubjectAuthorDiscuss
26/5/2024
22:50
Its trying to hold 30.......lets see what happens this coming week.
11_percent
25/5/2024
01:42
what i am afraid of is the company which will be running fast /keep drilling just to replace, marginally add/ to be moving slowly.... powered mostly by debt /as it is now/, not free cash flow - after all /non/ efficient operators get paid and the government takes it huge /disproportionate in comparison to some other countries/ cut

txp should give us geological clarity..... what is that they know...

trin for bad or good was a running hamster more or less imho. despite some unefficienties. they simply did not hit a gusher. as txp did not while thinking they did.

so what is the real situation with all this island geology

because the operational unefficienties and tax burdens are just too high and are based on the wrong hopes.... which were based on the conventional interpretations of the drill results

kaos3
25/5/2024
01:38
interesting that i can not find anything about cracks, sand gas production difficulties in trinidad on their geological society web pages

it is like ... 50 years of nothing and txp is doing the real pioneer modern exploration/production work. like - we are the cutting edge atm

also i struggle with the non pockets of gas .... where are the boundaries of the reservoirs ... eg ... what is the real total reservoir /of a single well/ size and what is the decline rate of a single well when the cracks high pressure is used up and what is the real production profile after the cracks gas is used up. i still do not understand why the additional perforation did not work. anyone....

.... and how good producers are the sands without the cracks high pressure easy gas. eg what would be the pressure now ... after a year of production.

kaos3
24/5/2024
13:41
Yes exactly. An EGR, BD or FIN / FIN(TAX) / LEG / ECON person will look at things from different perspectives and may or may not appreciate the impact of certain operational guidances in the same way as well?
But hey absolutely not a problem if you dinnae ask you dinnae get!

dunderheed
24/5/2024
13:12
che7

Maybe SOME accountants look at financial reports with a slightly different perspective.

red

redartbmud
24/5/2024
13:11
che7

Maybe SOME accountants look at financial repotr

redartbmud
24/5/2024
12:41
Oh ok no problem. Just thought you maybe but really not a big deal!
dunderheed
24/5/2024
12:06
I can neither confirm or deny. I don't see personal investor circumstance as relevent to the discussion on TXP.
che7win
24/5/2024
09:23
Che7 just out of interest are you an accountant?
Absolutely nothing wrong with that and no negative inference implied by asking?

dunderheed
24/5/2024
08:49
I think the market is expecting continued and accelerated growth so the reduced net debt to annual funds flow from operations ratio of 1.45 times in the current results is very acceptable under the circumstances. It gets us to Q4 when production should double again, with Q3 having a dip in between. The operations is expected this year to balance with debt so I don't have any issue with this at all.
che7win
24/5/2024
08:48
To take dunders point to a small onshore Trinidad company...

The process remains relatively straightforward to design, but do the service companies located on the island have the tools and experience.

We've had to import a powerful rig, we've had to wait ages in the past for a test spread that still didn't have adequate capacity to test high rates, .. what about more complex directional tools, what about a frac spread, what about...

spangle93
24/5/2024
08:38
37494, Except I think the inference was, we wouldn't be in debt or increasing debt to "re-invest" and hence that wall seems to be still taking a long time to arrive, plus (?!), due to the Clown methodology of hinting versus reporting, there are concerns about how long and consistent the wall maybe?
I personally do not currently agree with this but, does TXP have the reservoir specialists, potentially required, to drill correctly, what may be a more complimacated process now?! IMHO.

dunderheed
24/5/2024
07:01
There is a wall of money, just that it's being reinvested right now.
che7win
23/5/2024
15:43
I'm back in with a marginally increased holding thanks to the drop and that's based upon 33/34p looking to have formed support??Lucky guess - we shall see...
eggchaser
23/5/2024
12:40
lol, I do very well...thanks for your concern ?
sirmark
23/5/2024
12:38
Sirmark. 0/10 for technical analysis10/10 for desperate rampingMust try harder
the_gold_mine
23/5/2024
12:17
TRIN results for 2023 just out:
zho
23/5/2024
08:01
Thanks to NorWest on the Discord thread.

The gas pipes:

"Left Houston at 22:38 UTC on May 19.
Current destination Point Lisas, Trinidad & Tobago ETA May 27 1900."

sleveen
22/5/2024
10:44
Should push on past 40p this week

Level 2 improved from 1v3 to 3v3

Should really gain some traction in the coming months, and I expect by them we'll be circa 60-80P+

sirmark
22/5/2024
08:10
awise355

Purely speculative possibilities, hence the question marks.

sleveen
22/5/2024
08:03
Canada last buys were at 64cents, or equivalent of 37p sterling.
che7win
22/5/2024
07:44
Are you surmising that's a possibility or more factual based commentary? Cheers
awise355
22/5/2024
07:33
Interesting, TRIN's Jacobin recompletion better than expected flush production?

The 2 Cora wells on line and better than expected flush production?


Recovery from an oversold position?

sleveen
21/5/2024
21:42
Canada up 12.281% = $.64 = 37p
worraps
Chat Pages: 1596  1595  1594  1593  1592  1591  1590  1589  1588  1587  1586  1585  Older

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