TOUCHSTONE EXPLORATION INC chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.12
Dividend & YieldN/AC$ (N/A)
Beta 0.68
Market capitalization 248.36M
Operating cash flow 5.62M
ESG Scores unknown

Company description

Touchstone Exploration Inc., an upstream oil and gas company, engages in the exploration, development, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. The company has interests in various private exploration mineral leasing properties; and two exploration blocks. Its primary exploration focus is the Ortoire exploration block. 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. was incorporated in 2012 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio1.32
Working Capital0.83
Return On Equity0.08
Debt To Equity0.4
Fixed Asset Ratio2.02
Fixed Interest Cover2.42

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -14.07M -10.19M -15.6M -29.39M
Net Borrowings 19k 2.99M -8M 21.74M
Total Cash From Financing Activities -72k 7.5M 31.32M 21.15M
Change To Operating Activities -2.06M -1.22M 2.03M -2.56M
Issuance Of Stock 4.5M 4.5M 39.66M 240k
Net Income 358k -5.62M -11.03M 5.72M
Change In Cash -7.54M 2.63M 18.1M -6.34M
Effect Of Exchange Rate 278k -135k 82k 353k
Total Cash From Operating Activities 6.33M 5.45M 2.3M 1.55M
Depreciation 1.17M 13.5M 4.6M 3.8M
Change To Account Receivables
Other Cashflows From Financing Activities -91k 14k -344k -836k
Change To Netincome 6.87M -1.21M 6.7M -5.41M
Capital Expenditures -17.16M -11.5M -18.57M -27.86M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 9.11M -2.06M -17.03M 14.54M
Net Income 358k -5.62M -11.03M 5.72M
Selling General Administrative 5.93M 6.07M 5.76M 6.69M
Gross Profit 16.74M 17.94M 7.71M 13.46M
Ebit 9.36M -1.97M -2.94M 2.08M
Operating Income 9.36M -1.97M -2.94M 2.08M
Interest Expense -1.22M -1.41M -1.4M -860k
Income Tax Expense 8.75M 3.56M -6M 8.82M
Total Revenue 27.6M 27.74M 14.22M 20.36M
Cost Of Revenue 10.86M 9.8M 6.51M 6.9M
Total Other Income ExpenseNet -250k -91k -14.08M 12.46M
Net Income From Continuing Ops 358k -5.62M -11.03M 5.72M
Net Income Applicable To Common Shares 358k -5.62M -11.03M 5.72M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 53.89M 54.93M 44.19M 75.46M
Total Stockholder Equity 31.22M 30.11M 60.37M 67.56M
Other Current Liabilities 2.73M 1.33M 1.93M
Total Assets 85.11M 85.05M 104.55M 143.02M
Common Stock 56.99M 61.51M 101.39M 101.76M
Other Current Assets 271k 1.18M
Retained Earnings -13.52M -19.14M -30.16M -24.45M
Treasury Stock -14.43M -14.6M -13.33M -13.22M
Cash 3.55M 6.18M 24.28M 17.94M
Total Current Liabilities 19.17M 15.26M 16.38M 20.93M
Other Stockholder Equity -14.43M -14.6M -13.33M -13.22M
Property, Plant, and Equipment 66.69M 69.31M 73.7M 112.03M
Total Current Assets 15.85M 14.12M 29.31M 27.86M
Net Tangible Assets 31.22M 30.11M 60.37M 67.56M
Net Receivables 11.89M 7.35M 4.68M 7.55M
Accounts Payable 16.26M 13.48M 16.17M 15.29M


Insider Transactions

Here are the insider transactions of stock shares related to TOUCHSTONE EXPLORATION INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Budau (Scott)Bought at price 0.84 per share.D2022-09-292.94k
Shipka (James)Bought at price 0.84 per share.D2022-09-293.48k
Smith (Stanley Thomas)Exercise of Option at price 0.37 per share.D2022-09-0891.67k
Shipka (James)Bought at price 1.08 per share.D2022-08-312.82k
Budau (Scott)Bought at price 1.08 per share.D2022-08-312.38k
Wright (John David)Sold at price 1.07 per share.D2022-08-3112.43k
Wright (John David)Sold at price 1.11 per share.D2022-08-303k
Wright (John David)Sold at price 1.17 per share.D2022-08-2967k
Wright (John David)Sold at price 1.20 per share.D2022-08-25133.6k
Wright (John David)Sold at price 1.20 per share.D2022-08-2453.6k
Wright (John David)Sold at price 1.20 per share.D2022-08-2371.2k
Wright (John David)Exercise of Option at price 0.37 per share.D2022-08-1998.33k
Wright (John David)Exercise of Option at price 0.18 per share.D2022-08-19137.5k
Wright (John David)Exercise of Option at price 0.19 per share.D2022-08-19102.5k
Wright (John David)Exercise of Option at price 0.12 per share.D2022-08-19102.5k
Nicol (Peter William)Exercise of Option at price 0.19 per share.D2022-08-1997.5k
Nicol (Peter William)Exercise of Option at price 0.18 per share.D2022-08-19132.5k
Baay (Paul Raymond)Bought at price 0.72 per share.D2022-08-025.32k
Shipka (James)Bought at price 0.72 per share.D2022-08-024.31k
Budau (Scott)Bought at price 0.72 per share.D2022-08-023.63k
Budau (Scott)Bought at price 0.89 per share.D2022-07-042.96k
Baay (Paul Raymond)Bought at price 0.89 per share.D2022-07-044.33k
Smith (Stanley Thomas)Bought at price 0.89 per share.D2022-07-0417.54k
Valentine (Thomas E)Bought at price 0.89 per share.D2022-07-0417.54k
Vredenburg (Harrie)Bought at price 0.89 per share.D2022-07-0417.54k
Wright (John David)Bought at price 0.89 per share.D2022-07-0417.54k
McKinnon (Kenneth Richard)Bought at price 0.89 per share.D2022-07-0417.54k
Nicol (Peter William)Bought at price 0.89 per share.D2022-07-0417.54k
Shipka (James)Bought at price 0.89 per share.D2022-07-043.51k
Smith (Beverley)Bought at price 0.89 per share.D2022-07-0417.54k
Shipka (James)Bought at price 1.17 per share.D2022-05-312.7k
Wright (John David)Bought at price 1.16 per share.D2022-05-31200k
Wright (John David)Sold at price 1.15 per share.D2022-05-31200k
Budau (Scott)Bought at price 1.17 per share.D2022-05-312.28k
Baay (Paul Raymond)Bought at price 1.17 per share.D2022-05-313.34k
Baay (Paul Raymond)Bought at price 1.10 per share.D2022-05-023.48k
Budau (Scott)Bought at price 1.10 per share.D2022-05-022.38k
Shipka (James)Bought at price 1.10 per share.D2022-05-022.82k
North Energy Capital ASD2022-04-19
Budau (Scott)Sold at price 1.21 per share.D2022-04-144.3k
Budau (Scott)Sold at price 1.22 per share.D2022-04-1331.8k
Budau (Scott)Sold at price 1.21 per share.D2022-04-116.8k
Budau (Scott)Exercise of Option at price 0.11 per share.D2022-04-08200k
Baay (Paul Raymond)Exercise of Option at price 0.11 per share.D2022-04-08300k
Smith (Stanley Thomas)Exercise of Option at price 0.18 per share.D2022-04-08127.5k
Wright (John David)Bought at price 1.21 per share.D2022-04-08250k
Wright (John David)Sold at price 1.19 per share.D2022-04-08250k
Shipka (James)Exercise of Option at price 0.11 per share.D2022-04-08200k
Smith (Beverley)Bought at price 1.13 per share.D2022-04-0111.66k
Smith (Beverley)Bought at price 1.13 per share.D2022-04-0111.66k
McKinnon (Kenneth Richard)Exercise of Option at price 0.20 per share.D2022-04-0197.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TOUCHSTONE EXPLORATION INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TOUCHSTONE EXPLORATION INC

Here is the result of two systematic investment strategies applied to TOUCHSTONE EXPLORATION INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TOUCHSTONE EXPLORATION INC

The following chart shows the equity curve of the two systematic investment strategies applied to TOUCHSTONE EXPLORATION INC:

TOUCHSTONE EXPLORATION INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 190.47% on the backtest period.

Performance at glance

Performance

190.47 %

Latent gain

3334.39 C$

Invested capital

1750.62 C$

Annualized return

45.79 %
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Momentum strategy results on TOUCHSTONE EXPLORATION INC

This is the result of two momentum investment strategies applied to TOUCHSTONE EXPLORATION INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TOUCHSTONE EXPLORATION INC

The following chart shows all the entries opened by the momentum investment system on TOUCHSTONE EXPLORATION INC:

TOUCHSTONE EXPLORATION INC momentum entries
  • The first momentum investment strategy would give 308.41% of return on TOUCHSTONE EXPLORATION INC. That represents 15416.6C$ of latent gain with 4998.73C$ of employed capital.
  • The second momentum investment strategy would give 271.69% of return on TOUCHSTONE EXPLORATION INC. That represents 4755.93C$ of latent gain with 1750.51C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

308.41 %

Latent gain

15416.6 C$

Invested capital

4998.73 C$

Annualized return

-9.0 %
Performance at glance (2Q Momentum)

Performance

271.69 %

Latent gain

4755.93 C$

Invested capital

1750.51 C$

Annualized return

73.83 %

Momentum equity curve on TOUCHSTONE EXPLORATION INC

The following chart shows the equity curve of the two momentum strategies applied to TOUCHSTONE EXPLORATION INC:

TOUCHSTONE EXPLORATION INC momentum equity

Note: the dividends potentially given by TOUCHSTONE EXPLORATION INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOUCHSTONE EXPLORATION INC

The following chart shows the employed capital evolution of the two momentum strategies on TOUCHSTONE EXPLORATION INC since the beginning:

TOUCHSTONE EXPLORATION INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on TOUCHSTONE EXPLORATION INC

Buy the dip entry openings on TOUCHSTONE EXPLORATION INC

TOUCHSTONE EXPLORATION INC

The performance achieved by the robo-advisor on TOUCHSTONE EXPLORATION INC is -19.44%. That represents -339.98$ of latent gain with 1748.62C$ of employed capital. The following chart shows TOUCHSTONE EXPLORATION INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOUCHSTONE EXPLORATION INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-19.44 %

Latent gain

-339.98 C$

Invested capital

1748.62 C$

Annualized return

-9.0 %

Equity curve of the strategy applied to TOUCHSTONE EXPLORATION INC

The following chart shows the result of the investment strategy applied to TOUCHSTONE EXPLORATION INC:

TOUCHSTONE EXPLORATION INC

Note: the dividends potentially given by TOUCHSTONE EXPLORATION INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOUCHSTONE EXPLORATION INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on TOUCHSTONE EXPLORATION INC:

TOUCHSTONE EXPLORATION INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TOUCHSTONE EXPLORATION INC

In this section, I will compare the three previous investment strategies applied to TOUCHSTONE EXPLORATION INC.

Equity curve comparison on TOUCHSTONE EXPLORATION INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TOUCHSTONE EXPLORATION INC investment strategy comparison

Employed capital comparison on TOUCHSTONE EXPLORATION INC

TOUCHSTONE EXPLORATION INC investment comparison

Performance comparison on TOUCHSTONE EXPLORATION INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 190.47% 3334.39C$ 1750.62C$ 45.79%
Momentum 1 quarter 308.41% 15416.6C$ 4998.73C$ 78.68%
Momentum 2 quarters 271.69% 4755.93C$ 1750.51C$ 73.83%
Non-directional -19.44% -339.98C$ 1748.62C$ -9.0%
Annualized return comparison

Automatic investment

45.79 %

Momentum 1Q

73.83 %

Momentum 2Q

73.83 %

Non-directional

-9.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOUCHSTONE EXPLORATION INC:

Note: The algorithm computes the probability of correlation between TOUCHSTONE EXPLORATION INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOUCHSTONE EXPLORATION INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOUCHSTONE EXPLORATION INC
Country Canada
City Calgary
Address 350-7th Avenue SW
Phone
Website www.touchstoneexploration.com
FullTime employees 95
Industry Oil & Gas E&P
Sector Energy
Exchange XTSE
Ticker TXP.XTSE
Market

TOUCHSTONE EXPLORATION INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown