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TXP Touchstone Exploration Inc

24.75
2.95 (13.53%)
13 Dec 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 Shares Traded Last Trade
  2.95 13.53% 24.75 3,555,349 15:45:43
Bid Price Offer Price High Price Low Price Open Price
24.50 25.00 24.75 21.75 21.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 35.99M USD -20.6M USD -0.0871 -4.82 51.55M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:43 O 475,000 24.75 GBX

Touchstone Exploration (TXP) Latest News (3)

Touchstone Exploration (TXP) Discussions and Chat

Touchstone Exploration Forums and Chat

Date Time Title Posts
13/12/202419:18Touchstone Exploration38,733
04/3/202413:56Touchstone Exploration - Production and High Impact Exploration1,607
21/11/202308:19Touchstone Exploration - TXP - Charts and more...136
10/11/202315:00TXP - Further Exploration8
18/12/202200:15Touchstone Exploration - 2014 - A new dawn895

Add a New Thread

Touchstone Exploration (TXP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 17:08:4324.75475,000117,562.50O
2024-12-13 16:32:0924.50150,00036,750.00O
2024-12-13 16:29:2524.508,1631,999.94O
2024-12-13 16:26:5924.5025,0006,125.00O
2024-12-13 16:22:1124.6512,5003,081.25O

Touchstone Exploration (TXP) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Touchstone Exploration Daily Update
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 21.80p.
Touchstone Exploration currently has 236,460,661 shares in issue. The market capitalisation of Touchstone Exploration is £99,313,478.
Touchstone Exploration has a price to earnings ratio (PE ratio) of -4.82.
This morning TXP shares opened at 21.75p
Posted at 09/12/2024 07:33 by ashkv
Wow disappointing guidance for 2025 - no growth from End 2024 production "if all goes well" and guidance met!!! Which is also conditional on an increase in bank lending of $10mn to meet Capex budget for 4 Cascadura wells!!!

If bank lending is not increased than certainly a further $10mn equity raise / dilution will transpire to fund the Capex budget.

Wall of debt to end 2025 "if all goes well" - so much for "wall of cash" as CEO PB conveyed... so much for his credibility.... he has to go!!!

Sell this hopeless share and move into other undervalued / growth oilers on AIM - if you desire to stick with this overall morose sector of the sad LSE market...




TXP SHARE PRICE-> 28.50p
TXP share price vs 52 Week low of 27.5p on 5 Dec 24-> 3.64%
TXP share price vs 52 Week High of 56p on 18 Dec 23-> 96.49%
Brent-> $71.50
Shares Outstanding (From Q3 2024 Results RNS)-> 236,382,000
Market Cap (GBP)-> £67,368,870
GBPUSD-> 1.2725
Market Cap (USD)-> $85,726,887
Mid-Production Guidance for 2025 -> 7,000
Production Average Nov 2024-> 6,924
Production Average Q3 2024-> 5,211
Production Average Q2 2024-> 5,432
Production Average Q1 2024-> 7,015
Production Average Q4 2023-> 8,504
2024 Re-Revised Mid-Guidance For Production (5600 to 6200 boe/d)-> 5,900
Guided YE 2024 Net Debt (Q3 2024 Results RNS)-> $32,000,000
Enterprise Value or EV (USD)-> $117,726,887
EV / Per Barrel 2025 Production Mid-Guidance -> $16,818
EV/ / Per Barrel (USD) Nov 2024 Average Production -> $17,003
EV / Per Barrel (USD) Q3 2024 Avg Production-> $21,673
EV / Per Barrel 2024 Production Mid-Guidance-> $19,954
2P Reserves (Boe) Year End 2023-> 67,379,000
EV/2P-> $1.75
Posted at 13/11/2024 13:26 by ashkv
It wasn't JSE from my recollection - I know that firm inside out/has a simple capital structure!!! A typo error if ever - and I would have corrected the same.

TXP EV/Flowing Barrel given extremely low gas sold prices is "relatively" overvalued as compared to most other AIM E&P firms - for one HBR is trading a lower EV/Flowing Barrel than TXP.....

TXP SHARE PRICE-> 32.50p
TXP share price vs 52 Week low of 27.12p on 13 Aug 24-> 19.84%
TXP share price vs 52 Week High of 60p on 8 Dec 23-> 84.62%
Brent-> $72.00
Shares Outstanding (From Q3 2024 Results RNS)-> 236,382,000
Market Cap (GBP)-> £76,824,150
GBPUSD-> 1.275
Market Cap (USD)-> $97,950,791
Production Average Q3 2024-> 5,211
Production Average Q2 2024-> 5,432
Production Average Q1 2024-> 7,015
Production Average Q4 2023-> 8,504
2024 Re-Revised Mid-Guidance For Production (5600 to 6200 boe/d)-> 5,900
Guided YE 2024 Net Debt (Q3 2024 Results RNS)-> $32,000,000
Enterprise Value or EV (USD)-> $129,950,791
EV / Per Barrel (USD) 5,145 Boe/d Daily Production for Nov to Dec 2024 to meet low end of 2024 Guidance -> $25,258
EV / Per Barrel (USD) Q3 2024 Avg Production-> $23,923
EV / Per Barrel 2024 Mid-Guidance For Production-> $22,026
2P Reserves (Boe) Year End 2023-> 67,379,000
EV/2P-> $1.93
Posted at 18/9/2024 10:04 by arlington chetwynd talbott
TXP share price performance post the Cascadura update is still no more than a known unknown. The important thing is that TRIN shareholders are no longer exposed to it in the way they were previously (unless they followed Ab76 on his adventure, which they hopefully thought better of).
Posted at 10/9/2024 08:32 by arlington chetwynd talbott
This is the problem with you rampers - you read a post and if it is not 100% che7win-grade ramp you read no further and assume it is calling TXP down to zero. In reality, the current TXP share price could be a fair reflection of the current balance of risk and reward. All I am doing is asking Trinnies why they would take risk over cash.
Posted at 10/9/2024 08:19 by arlington chetwynd talbott
No, I am not assuming anything. This one could go either way. Or just fizzle. As the current TXP share price suggests. And that is my question, which is really addressed to TRIN shareholders. You have a risk option and a cash option - why, after everything you have been through, would you stay in the casino one minute longer than you have to?
Posted at 09/9/2024 08:45 by che7win
The risk is with TRIN, I was very happy to switch out at the perfect time in 50s and 60s and buy TXP back on the cheap.You need to realise the risk that TRIN shareholders have being stuck with an LOL offer that doesn't go through or fails.Whilst watching TXP share price rising every week which it's doing.And missing out on selling TRIN and buying TXP at better than 1.5 share offer.TXP can walk away, upside is in TXP and I have picked up 100k arbitraging.Cheers.
Posted at 21/8/2024 08:52 by che7win
Sleepy,
I assume nothing to stop shareholders selling, can’t see how they would be restricted in that sense.

The deal is dead if TXP share price doesn't rise, simple as that. It's very much alive if it does.

I am not too worried either way now.
Posted at 21/8/2024 07:12 by arlington chetwynd talbott
I would imagine this is because of the obvious risk of disappointment at Cascadura, which would see the TXP share price crater and the TRIN share price fly into the arms of LO. You have a rather blinkered take on TXP.
Posted at 21/8/2024 06:54 by che7win
I don't want to post this on TRIN board.

If a TRIN shareholder and wanting the TXP deal to go through, why would you not sell your TRIN shares now and buy TXP, both eliminating the risk of the LOL offer succeeding and at the same time enhancing the offer TXP has made because of the arbitrage opportunity?

I’m surprised there isn't more selling in TRIN and buying TXP with proceeds and that this opportunity still exists.

That to me is the win win situation, especially if you think TXP will succeed.
It is a low risk play that will soon disappear, because those TXP wells coming onstream will make TXP share price rocket from here IMHO.
Posted at 07/8/2024 08:09 by kaos3
if i would be in charge i would do as much as i could to pump the txp shares by excelling in operations, giving out wild but realistic after merger plans etc.... constant positive bombardment based on facts

and they are giving themselfs shares and buying them cheap and making kind of fun of trin commited shareholders ... we gotch you, you are stuck with us

go figure

txp share price is their currency and it looks to me like they want to keep it low vs the USD bid and at the same time they want trin?
Touchstone Exploration share price data is direct from the London Stock Exchange

Touchstone Exploration Frequently Asked Questions (FAQ)

What is the current Touchstone Exploration share price?
The current share price of Touchstone Exploration is 24.75p.
How many Touchstone Exploration shares are in issue?
Touchstone Exploration has 236,460,661 shares in issue.
What is the market cap of Touchstone Exploration?
The market capitalisation of Touchstone Exploration is GBP 51.55 M.
What is the 1 year trading range for Touchstone Exploration share price?
Touchstone Exploration has traded in the range of 20.75p to 56.50p during the past year.
What is the PE ratio of Touchstone Exploration?
The price to earnings ratio of Touchstone Exploration is -4.82.
What is the cash to sales ratio of Touchstone Exploration?
The cash to sales ratio of Touchstone Exploration is 2.76.
What is the reporting currency for Touchstone Exploration?
Touchstone Exploration reports financial results in USD.
What is the latest annual turnover for Touchstone Exploration?
The latest annual turnover of Touchstone Exploration is USD 35.99M.
What is the latest annual profit for Touchstone Exploration?
The latest annual profit of Touchstone Exploration is USD -20.6M.
What is the registered address of Touchstone Exploration?
The registered address for Touchstone Exploration is 4100, 350 - 7TH AVENUE SW, CALGARY, ALBERTA, T2P 3N9.
What is the Touchstone Exploration website address?
The website address for Touchstone Exploration is www.touchstoneexploration.com.
Which industry sector does Touchstone Exploration operate in?
Touchstone Exploration operates in the CRUDE PETROLEUM & NATURAL GS sector.

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