Ratings Touchstone Exploration Inc.

Equities

TXP

CA89156L1085

Market Closed - Toronto S.E. Other stock markets 03:58:03 2024-05-02 pm EDT			5-day change	1st Jan Change
0.67 ^CAD	-4.29%		-9.46%	-6.94%

May. 01	FTSE 100 down ahead of US interest rate decision	AN
May. 01	FTSE 100 treads water as Fed takes centre-stage	AN

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The company is in a robust financial situation considering its net cash and margin position.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The opinion of analysts covering the stock has improved over the past four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
TOUCHSTONE EXPLORATION INC.	-6.94%	119M	C-
CHEVRON CORPORATION	+7.76%	294B	A-
CONOCOPHILLIPS	+5.32%	146B	C
CNOOC LIMITED	+55.38%	128B	B+
CANADIAN NATURAL RESOURCES LIMITED	+17.95%	80.27B	B
EOG RESOURCES, INC.	+8.97%	74.75B	B-
PIONEER NATURAL RESOURCES COMPANY	+19.90%	62.53B	B-
OCCIDENTAL PETROLEUM CORPORATION	+8.29%	57.13B	C+
HESS CORPORATION	+9.99%	48.14B	A-
DIAMONDBACK ENERGY, INC.	+27.44%	34.96B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes