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TXP Touchstone Exploration Inc

19.50
-0.25 (-1.27%)
25 Apr 2025 - 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
  -0.25 -1.27% 19.50 99,582 09:48:00
Bid Price Offer Price High Price Low Price Open Price
19.00 20.00 19.75 19.50 19.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 43.66M USD 8.27M USD 0.0350 10.00 46.7M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:27 O 1,538 19.50 GBX

Touchstone Exploration (TXP) Latest News

Touchstone Exploration (TXP) Discussions and Chat

Touchstone Exploration Forums and Chat

Date Time Title Posts
15/4/202519:30Touchstone Exploration39,596
24/1/202515:12Touchstone Exploration - Production and High Impact Exploration1,608
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

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Touchstone Exploration (TXP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-04-25 15:29:2819.501,538299.91O
2025-04-25 15:12:5719.3020,0043,860.77O
2025-04-25 15:00:2719.3320,0003,866.60O
2025-04-25 14:22:0019.3810,0001,937.50O
2025-04-25 11:14:1219.551,508294.81O

Touchstone Exploration (TXP) Top Chat Posts

Top Posts
Posted at 25/4/2025 09:20 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 19.75p.
Touchstone Exploration currently has 236,460,661 shares in issue. The market capitalisation of Touchstone Exploration is £82,761,231.
Touchstone Exploration has a price to earnings ratio (PE ratio) of 10.00.
This morning TXP shares opened at 19.75p
Posted at 25/3/2025 08:17 by spangle93
Cavendish note on FY results "in line with expectations"

While TXP’s YE24 PDP NPV10 after tax of US$66.4m underpins the Company’s current share price, TXP’s 1P and 2P NPV10 after tax of US$179m (a 2.6x premium) and US$309m (a.4.6x premium), respectively, highlight the potential upside to investors.

Valuation: We maintain our valuation at 53.1p, a 141% premium to the current share price


The valuation method is quite interesting (as in "really?")

The first thing that hits you is the -7.4p G&A cost. Someone on the board, or even a large shareholder, ought to be questioning this... It's far more bloated than a company this size should be

Second, the core valuation of 48.6p (or 63p if you take off the G&A and 8p debt) is dominated by Cascadura (45.4p). They use a higher $/boe for Cascadura than for the oil producers, or for Coho, despite the low unit price received for the gas. They still carry 0.7p valuation for Royston - remember that great hope.

The exploration prospects add the other 4.4p. Or rather, Gibba and Kokanee do. All other exploration prospects are given a 16 MMboe size, a $2/boe valuation, a 33% geological CoS, and a 50% commercial CoS. By the time they've extracted the project well cost, the remaining risked NPV/share (I think it's actually EMV in this case) is negligible. This includes Kraken, for all those who dream of glory.

Gibba and Kokanee have a higher commercial CoS and a higher $/boe valuation. I'm not sure why these two - they don't seem to be flagged as priorities in any recent presentations, which have shown Cretaceous targets instead. 90% of the exploration EMV is between them
Posted at 14/3/2025 11:09 by sirmark
This Monday, Stuart Young takes office as the new Prime Minister of Trinidad & Tobago! As a strong advocate for the energy sector, his policies aim to enhance investment, drive exploration, and secure a stable regulatory environment.

For Touchstone Exploration (#TXP), this leadership transition could mean greater support for oil & gas projects, improved gas pricing negotiations, and a boost to long-term growth. 🌍

With a focus on exploration, LNG expansion, and energy security, Young’s leadership is set to create exciting opportunities in the O&G sector.

🔹 Central Block Acquisition Closing Soon! TXP is set to finalize the $23 million acquisition of the Central Block from Shell, a move that will increase our production base by over 25%! This aligns with Young’s goal of boosting domestic energy security and strengthening Trinidad & Tobago’s gas supply.

🔹 LNG Pricing & Market Expansion: With Young’s push for improved gas pricing and LNG export market access, TXP’s increased production from Cascadura and the Central Block could position us to leverage global LNG prices and improve revenue potential.

🔹 Active Drilling & Growth Strategy: TXP’s ongoing development well programme at Cascadura is set to increase gas output in 2025, directly supporting Young’s vision for stable energy supply and investment in high-return assets.

🔹 Strategic Infrastructure in Place: With two operated gas plants, expanded production facilities, and newly drilled wells, TXP is poised to contribute to T&T’s role as a regional energy hub while benefiting from Young’s investor-friendly approach to O&G.

💬 What’s Next? As Young takes the helm, TXP is well-positioned to thrive in a pro-growth energy environment. Stay tuned as we drive forward with exploration, production, and a vision for a stronger, more sustainable energy sector in T&T!

Stay tuned as we navigate this evolving landscape!
Posted at 06/3/2025 11:21 by herecomesthesun
CRIKEY

I don't think Sir Rampalot is in any position to dish out "LOL's" !!

User: sirmark
Posted in: TXP
Price: 34.75
Date: 6 Nov 2024 14:32
added 370k shares

User: sirmark
Posted in: TXP
Price: 35.00
Date: 6 Nov 2024 15:18
added 480,000 shares
looking good and ready for lift off !!

User: sirmark
Posted in: TXP
Price: 34.75
Date: 6 Nov 2024 15:47
last of the 35p stock left


sirmark - 11 Nov 2024 - 08:11:19 - TXP
40p now in sight !!

sirmark - 11 Nov 2024 - 10:39:47 - TXP
back to 60p soon !!


bwahahahahahahahaha :)
Posted at 24/1/2025 11:23 by 11_percent
Ok.....we need a tune.......Simon & Garfunkel - Slip Slidin' Away ......its a well known fact that when they sang this they had the TXP share price in mind.




==============================

The graph is the usual disaster.......the 3 moving averages falling in turn with share price under them, leading them down.

Markets are fractal.......the daily share price chart is reflected in the weeklywhich in turn is reflected in the monthly.


free stock charts from uk.advfn.com



WEEKLY

Status Quo - Down down....deeper and down.





free stock charts from uk.advfn.com




MONTHLY



free stock charts from uk.advfn.com
Posted at 10/1/2025 18:25 by arlington chetwynd talbott
One of those be careful what you wish for things, I suspect.

Maybe some day che7win’s continuing incredulity at the TXP share price will finally suggest to him that the underlying reality is not what he thinks it is. Maybe.
Posted at 10/1/2025 13:51 by dunderheed
I dont know under but I'm just saying in this market and the current circumstances of TXP share price it would certainly not do any harm would it? IMHO.
Posted at 18/12/2024 11:25 by sleepy
che7win - you may well be right. Just as your part of your post from last May on a TRIN board may well be right

che7win2 May '24 - 09:29 - 3711 of 3996
0 2 0
As a new shareholder, I would not want cash.
TXP is throwing off 32m dollars cash and substantial upside.

TXP share price should hit 100p at least in next 12 months.
Posted at 18/12/2024 11:03 by dunderheed
Chiggers in my youth I was a chess champion locally actually, lol.
Then everything started to go wrong.

However I don't care about these ridiculous "strategy" theories.
The only important thing is the share price. If these "genius" strategies impact that, as they obviously have been, with constant share price erosion "listen" to the market and CHANGE.
It doesn't matter that this may all come together at some point in the future because what investors want is consistency of share price.
In my own career, I was often surprised at how the c suites of relatively large o&gs constantly were aware of the short-term share prices and were continuously looking to maintain market differential with their competitors and market review of their share prices.
Here, there seems to be a concept of simply "trust me" by Gonzo when all evidence to date, on professional bench marking and performance, seems to be mediocre at absolute best hence share price weakness.
You're beginning to sound like the £7.50 a share forecaster, who also talked of all these complimacated ongoing conspiracies.
The business onshore T&T is much simpler than that, there is hardly any other competition for these "assets" lol!!
All IMHO DYOR.
Posted at 11/12/2024 08:21 by ashkv
Was undertaking a brief comparison - net cash (25% of AXL share price at 21p), high growth, highish decline with new wells (similar to TXP) highly profitable super growth firm Arrow Exploration (AXL) is trading below EV/Flowing Barrel as compared to TXP at TXP 52week lows yesterday. And this when AXL is a 100% oil producing firm!!!

Even Jadestone Energy currently trading below EV/Flowing Barrel of TXP when it produces 70% oil and 30% higher priced gas!!!

And so on....

Disjointed markets - superb relative value opportunity....

Where would I rather have my funds if allocating to the AIM E&P sector?
Posted at 10/12/2024 15:39 by ashkv
Informative presentation - net net "Jam Tomorrow" And that too if all goes well!!

2026 looks to be another year where likely no funds for exploration drilling!!!

Farm-out on some blocks being discussed internally - but it appears not a focus at present.

Interestingly TXP only have environmental clearance for another 8-10 wells on Casc and will have to through the prior long delayed process to permit further wells at Casc per my understanding.

Would have liked to drill all 4 wells in Q1 as the rainy season picks up going into year end - however, even with the 10mn credit increase that is underway - it would have become financially precarious to front load drilling to such an extent.

Final Casc well for 2024 delayed to early Jan 2025 as bridge to enable shift of rig not ready - though bridge will be ready by Mid-December. However, holiday roster is light and staff to man rig / drill not available into Christmas holidays.

Didn't rule out an equity raise when share price is higher - but ruled it out for now/upcoming Casc wells.

TXP appears open to further Trinity type / would have allowed further drilling - however, my take that none are anywhere near announcement / if any!!!

TXP fairly priced where it is!!!

Show me the money!!! TXP got empty pockets!!
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 19.50p
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 46.7M
What is the 1 year trading range for Touchstone Exploration share price?
Touchstone Exploration has traded in the range of 19.25p to 43.00p during the past year
What is the PE ratio of Touchstone Exploration?
The price to earnings ratio of Touchstone Exploration is 10
What is the cash to sales ratio of Touchstone Exploration?
The cash to sales ratio of Touchstone Exploration is 1.9
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 43.66M
What is the latest annual profit for Touchstone Exploration?
The latest annual profit of Touchstone Exploration is USD 8.27M
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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