TSE:TXP
1.50
0.06
(3.85%)
Analysis and Opinions about TXP-T
Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
June 29, 2021
(A Top Pick Jul 02/20, Up 51%) Happy he used stops on this. It's appreciated nicely since last year till February, when the stock pulled back after poor results from a well. He's watching it now. IF they show better drilling results, he will buy back in.
Show full opinionHide full opinion
(A Top Pick Jul 02/20, Up 51%) Happy he used stops on this. It's appreciated nicely since last year till February, when the stock pulled back after poor results from a well. He's watching it now. IF they show better drilling results, he will buy back in.
PARTIAL BUY
PARTIAL BUY
May 28, 2021
Holds 4M shares. A volume over price story. Exploration is uncommon these days and the share sold off 33-40%. Buying it on cashflow profile with optionality. Buying due to the selloff. Different from other plays in his fund.
Show full opinionHide full opinionHolds 4M shares. A volume over price story. Exploration is uncommon these days and the share sold off 33-40%. Buying it on cashflow profile with optionality. Buying due to the selloff. Different from other plays in his fund.
BUY WEAKNESS
BUY WEAKNESS
April 30, 2021
Smallest weight in his fund. The stock imploded on bad exploration drilling. Primarily natural gas and some oil. Fixed price on gas so it is a volume story. Bought it at 2x future cashflow so it was a great opportunity. Thinly traded.
Show full opinionHide full opinionSmallest weight in his fund. The stock imploded on bad exploration drilling. Primarily natural gas and some oil. Fixed price on gas so it is a volume story. Bought it at 2x future cashflow so it was a great opportunity. Thinly traded.
BUY
BUY
March 26, 2021
Have done a good job with exploratory plays. Want price and volume leverage for oil stocks. TXP does not get the benefit of gas prices due to fixed gas price deals with the government. Would consider it if there was more liquidity and the price fell a little more.
Show full opinionHide full opinionHave done a good job with exploratory plays. Want price and volume leverage for oil stocks. TXP does not get the benefit of gas prices due to fixed gas price deals with the government. Would consider it if there was more liquidity and the price fell a little more.
TOP PICK
TOP PICK
July 2, 2020
Operates in Trinidad. It is a highly prolific energy producing region with an 80% success rate. TXP-X have four wells they are drilling and had two successful natural gas discoveries and will be drilling the other two later this year. (Analysts’ price target is $1.27)
Show full opinionHide full opinionOperates in Trinidad. It is a highly prolific energy producing region with an 80% success rate. TXP-X have four wells they are drilling and had two successful natural gas discoveries and will be drilling the other two later this year. (Analysts’ price target is $1.27)
TOP PICK
TOP PICK
June 23, 2020
Operating in Trinidad in oil, but are now drilling for natural gas. They found two successes, one of which they will bring into production in Q3. When that happens, the stock could hit $1.50. This is a good, rare story on the exploration front. He will buy more shares on weakness. More exploration drilling will happen later in 2020 into 2021. (Analysts’ price target is $1.30)
Show full opinionHide full opinionOperating in Trinidad in oil, but are now drilling for natural gas. They found two successes, one of which they will bring into production in Q3. When that happens, the stock could hit $1.50. This is a good, rare story on the exploration front. He will buy more shares on weakness. More exploration drilling will happen later in 2020 into 2021. (Analysts’ price target is $1.30)
BUY WEAKNESS
BUY WEAKNESS
May 20, 2020
They just released that they will be bringing on two new discoveries -- the first sometime in the second-half of the year. They are in Trinidad and hoping to add natural gas. This will double their production. Currently they are only a crude oil producer. The natural gas market there is paying up to $2.90 US -- a very good price. He has a $0.80 target. He would buy on any pullback. He owns this one.
Show full opinionHide full opinionThey just released that they will be bringing on two new discoveries -- the first sometime in the second-half of the year. They are in Trinidad and hoping to add natural gas. This will double their production. Currently they are only a crude oil producer. The natural gas market there is paying up to $2.90 US -- a very good price. He has a $0.80 target. He would buy on any pullback. He owns this one.
PAST TOP PICK
PAST TOP PICK
March 24, 2020
(A Top Pick Mar 28/19, Up 100%) They work in Trinidad, drilling for oil onshore. They have long-term potential with a plan to drill three wells in 2019-2020. The first was successful with a well likely to produce in July. A second discovery could come on in early-2021 and add more production. These drills have rallied the stock. He has an 80-cent target, so there's lots of upside. Even in tough times with low prices, successful drilling for oil will pay off.
Show full opinionHide full opinion(A Top Pick Mar 28/19, Up 100%) They work in Trinidad, drilling for oil onshore. They have long-term potential with a plan to drill three wells in 2019-2020. The first was successful with a well likely to produce in July. A second discovery could come on in early-2021 and add more production. These drills have rallied the stock. He has an 80-cent target, so there's lots of upside. Even in tough times with low prices, successful drilling for oil will pay off.
WAIT
WAIT
January 24, 2020
They produce medium crude in Trinidad. They have drilled 2 exploratory wells recently -- one produced natural gas and receives about $2.95 per mcf. The second well had a very high pressure rating, which caused the stock price to spike -- doubling in two months. He wants to wait to see results from the second well. There are still two more wells to be drilled. His target share price is $0.80.
Show full opinionHide full opinionThey produce medium crude in Trinidad. They have drilled 2 exploratory wells recently -- one produced natural gas and receives about $2.95 per mcf. The second well had a very high pressure rating, which caused the stock price to spike -- doubling in two months. He wants to wait to see results from the second well. There are still two more wells to be drilled. His target share price is $0.80.
TOP PICK
TOP PICK
September 16, 2019
It is an exploration story. They are about to start an oil target. He has a $0.50 target. The exploration stories will end up doing much better than the others. (Analysts’ price target is $0.50)
Show full opinionHide full opinionIt is an exploration story. They are about to start an oil target. He has a $0.50 target. The exploration stories will end up doing much better than the others. (Analysts’ price target is $0.50)
BUY
BUY
August 26, 2019
He has always wanted to have exploration stories in his portfolio. This company was just doing re-activations in Trinidad, but they raised money to go after deeper targets there. They now have three new wells underway. He likes this stock.
Show full opinionHide full opinionHe has always wanted to have exploration stories in his portfolio. This company was just doing re-activations in Trinidad, but they raised money to go after deeper targets there. They now have three new wells underway. He likes this stock.
TOP PICK
TOP PICK
July 25, 2019
His exploration story. Doing reactivations in Trinidad. Now going for higher, deeper targets. They have the cash on the balance sheet to do it. He has a 50 cent price target. No dividend. (Analysts’ price target is $0.45)
Show full opinionHide full opinionHis exploration story. Doing reactivations in Trinidad. Now going for higher, deeper targets. They have the cash on the balance sheet to do it. He has a 50 cent price target. No dividend. (Analysts’ price target is $0.45)
TOP PICK
TOP PICK
March 28, 2019
It is in Trinidad. They are drilling deeper wells for the first time and are 100% oil, presently. Their first target from here is a gas well. If they are successful the development drillings will be massive. His target is $0.50 and $2 in the cycle. This is his small cap recommendation today. (Analysts’ price target is $0.47)
Show full opinionHide full opinionIt is in Trinidad. They are drilling deeper wells for the first time and are 100% oil, presently. Their first target from here is a gas well. If they are successful the development drillings will be massive. His target is $0.50 and $2 in the cycle. This is his small cap recommendation today. (Analysts’ price target is $0.47)
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Touchstone Exploration Inc.(TXP-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
Touchstone Exploration Inc.(TXP-T) Frequently Asked Questions
What is Touchstone Exploration Inc. stock symbol?
Touchstone Exploration Inc. is a Canadian stock, trading under the symbol TXP-T on the Toronto Stock Exchange (TXP-CT). It is usually referred to as TSX:TXP or TXP-T
Is Touchstone Exploration Inc. a buy or a sell?
In the last year, 4 stock analysts published opinions about TXP-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Touchstone Exploration Inc..
Is Touchstone Exploration Inc. a good investment or a top pick?
Touchstone Exploration Inc. was recommended as a Top Pick by Bruce Campbell (2) on 2021-06-29. Read the latest stock experts ratings for Touchstone Exploration Inc..
Why is Touchstone Exploration Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Touchstone Exploration Inc. worth watching?
4 stock analysts on Stockchase covered Touchstone Exploration Inc. In the last year. It is a trending stock that is worth watching.
What is Touchstone Exploration Inc. stock price?
On 2021-07-23, Touchstone Exploration Inc. (TXP-T) stock closed at a price of $1.5.
