Touchstone Exploration Inc with ticker (LON:TXP) now has a potential upside of 131.2% according to Canaccord Genuity.
TXP.L
Canaccord Genuity set a target price of 60 GBX for the company, which when compared to the Touchstone Exploration Inc share price of 26 GBX at opening today (10/01/2025) indicates a potential upside of 131.2%. Trading has ranged between 21 (52 week low) and 57 (52 week high) with an average of 880,452 shares exchanging hands daily. The market capitalisation at the time of writing is £107,754,300.
Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).
Touchstone Exploration Inc 131.2% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Latest Company News
Touchstone Exploration is embedding deeper into Trinidad and Tobago’s energy landscape, with recent government engagement hinting at a longer-term strategic play.
Touchstone Exploration restarts drilling in a dormant Trinidad gas block, aiming to double output through focused redevelopment.
Gas markets hold steady despite mild weather, signalling deeper structural forces at play.
Natural gas has surged past US$5 as exports rise and winter demand begins to tighten the market more quickly than expected.
Touchstone Exploration Inc. has reported that Non Executive Director Peter Nicol purchased 650,000 common shares on 1 December 2025 at £0.069 per share.
Natural gas prices climb as record exports and early cold weather set the stage for a tighter and more investable market.
