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Touchstone Exploration TXP.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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+2.86%

Close of 9 Nov 2026, in CAD

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About Touchstone Exploration

Its shares trade on Toronto Stock Exchange under the ticker TXP.TO. It has been listed since 17 March 1997. In the fiscal year to 31 December 2025, it reported revenue of $46.3m and net income of $10.9m. At that date it held total assets of $242.1m and shareholders' equity of $93.7m.

Touchstone Exploration, Inc. engages in the acquisition, exploration, development, production, and sale of petroleum and natural gas. The company is headquartered in Calgary, Alberta. The firm's segments include Trinidad and Canada. The firm's core producing properties are located onshore within Trinidad. The firm's producing properties in Trinidad include Coora 1, Coora 2, New Dome, South Palo Seco, Barrackpore, Fyzabad, Icacos, Palo Seco and San Francique. The firm's exploratory properties in Trinidad include Bovallius, Moruga, New Grant, Ortoire, Otaheite, Piparo, Rousillac, Siparia and St. John. Its exploratory properties in Canada include Beadle, Druid, Luseland and Winter. The gross acres of the properties include approximately 106,604. The firm operates a total of approximately 370 wellbores on the Coora blocks. The New Dome block is located onshore in the southwest portion of Trinidad in the Ward of Siparia. The Barrackpore Block is located approximately 11 kilometers southeast of the city of San Fernando.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
17 Mar 1997
Employees
76

Leadership

Pay as last reported

  • Mr. Kenneth MckinnonIndependent Chairman of the Board, since 2012C$159,870
  • Mr. Paul BaayPresident, Chief Executive Officer, Director, since 2014C$1.1m
  • Mr. Scott BudauChief Financial OfficerC$679,651
  • Mr. James ShipkaExecutive Vice President - Asset Development and HSEC$657,943
  • Mr. Cayle SorgeVice President - Finance
  • Mr. Alex SanchezVice President - Production and Environment
  • Mr. Brian HollingsheadVice President - Engineering and Business DevelopmentC$519,488
  • Mr. Thomas ValentineCorporate Secretary, since 2014C$146,867
  • Dr. Priya MarajhIndependent DirectorC$140,000
  • Mr. Peter NicolIndependent DirectorC$151,200
  • Ms. Beverley SmithIndependent DirectorC$151,200
  • Mr. Stanley SmithIndependent DirectorC$161,134

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
41
Environment
29
Social
29
Governance
66
Direct emissions (scope 1)
151,801 t
Energy emissions (scope 2)
439 t
Women in the workforce
24%
Carbon reduction policy
Yes
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong track record of successful exploration and production activities.
  • Extensive experience in the oil and gas industry.
  • Diverse and high-quality asset portfolio.
  • Effective cost management strategies.

Weaknesses

  • Dependence on global oil and gas commodity prices.
  • Limited geographical presence concentrated in a few regions.
  • Relatively small size compared to major industry players.
  • Vulnerability to regulatory changes and geopolitical risks.

Opportunities

  • Growing global demand for oil and gas resources.
  • Exploration and development opportunities in untapped regions.
  • Integration of advanced technologies to enhance operational efficiency.
  • Strategic partnerships and collaborations for business expansion.

Threats

  • Volatility in oil and gas prices impacting profitability.
  • Increased competition from larger industry players.
  • Environmental concerns and stricter regulations on carbon emissions.
  • Economic downturns affecting global energy consumption.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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