Ratings Touchstone Exploration Inc.

Equities

TXP

CA89156L1085

Market Closed - Toronto S.E. Other stock markets 03:59:32 2024-04-25 pm EDT			5-day change	1st Jan Change
0.72 ^CAD	-2.70%		-4.00%	0.00%

Apr. 22	EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings	AN
Apr. 22	Touchstone Exploration Inc. Enters into the Third Amended and Restated Loan Agreement	CI

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's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company is in a robust financial situation considering its net cash and margin position.
Its low valuation, with P/E ratio at 10.33 and 5.55 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
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, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
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.	0.00%	123M	C-
CHEVRON CORPORATION	+10.81%	305B	A-
CONOCOPHILLIPS	+12.10%	152B	C
CNOOC LIMITED	+51.38%	120B	B+
CANADIAN NATURAL RESOURCES LIMITED	+21.74%	82.71B	B
EOG RESOURCES, INC.	+11.91%	77.86B	B-
PIONEER NATURAL RESOURCES COMPANY	+22.35%	64.28B	B-
OCCIDENTAL PETROLEUM CORPORATION	+13.68%	60.17B	C+
HESS CORPORATION	+11.99%	49.58B	A-
DIAMONDBACK ENERGY, INC.	+33.54%	36.96B	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