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TXP - TOUCHSTONE EXPLORATION - Share Chat

Price: Market Cap.: (Ā£m)

Touchstone Exploration plc is an upstream oil and gas company, primarily focused on exploration and production activities onshore Trinidad & Tobago. Listed on AIM and TSX, its core assets include the substantial Ortoire block, home to the gas-condensate Cascadura and Coho fields. The company has successfully transitioned towards natural gas production, significantly increasing output and establishing a reliable revenue stream. Management continues to focus on optimising production from existing discoveries and proving up further reserves within its acreage. With a growing gas-weighted production profile, Touchstone aims to deliver sustainable cash flow generation, underpinning its long-term growth and value creation in a mature, yet underexplored, basin.

Posts: 1675
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(@mrmultibagger)
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Joined: 3 years ago

Chat about TOUCHSTONE EXPLORATION


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Posts: 1675
Topic starter
(@mrmultibagger)
Member
Joined: 3 years ago

Anyone following Touchstone Exploration (TXP)? Their recent operational update highlighted solid production from Coho and Cascadura. What's your take on their current valuation? With gas prices fluctuating, do you see this as a strong buy opportunity, or are there lingering concerns? Keen to hear other perspectives on TXP's long-term potential!


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