James Shipka - Touchstone Exploration Chief Operating Officer
| TXP Stock | CAD 0.53 0.02 3.64% |
COO
Mr. James Shipka is Chief Operating Officer of the Company. Mr. Shipka is a geologist with 20 years of energy industry experience in exploration and development geology and business. Most recently, he was Asset Team Manager at Daylight Energy Ltd. where he focused on development of mature assets through emerging drilling and completion technologies as well as the identification and exploitation of undeveloped horizons within mature fields. since 2014.
| Tenure | 10 years |
| Address | 350-7th Avenue SW, Calgary, AB, Canada, T2P 3N9 |
| Phone | 403 750 4400 |
| Web | https://www.touchstoneexploration.com |
Touchstone Exploration Management Efficiency
The company has return on total asset (ROA) of (0.0571) % which means that it has lost $0.0571 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1657) %, meaning that it generated substantial loss on money invested by shareholders. Touchstone Exploration's management efficiency ratios could be used to measure how well Touchstone Exploration manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to -0.14. In addition to that, Return On Capital Employed is likely to grow to -0.43. At this time, Touchstone Exploration's Other Assets are very stable compared to the past year. As of the 1st of December 2024, Intangible Assets is likely to grow to about 2 M, while Total Assets are likely to drop about 132 M.Similar Executives
| Found 2 records | COO Age | ||
| Remi Berthelet | Gran Tierra Energy | 48 | |
| Ravi Sharma | Canacol Energy | N/A | |
Management Performance
| Return On Equity | -0.17 | ||||
| Return On Asset | -0.0571 |
Touchstone Exploration Leadership Team
Elected by the shareholders, the Touchstone Exploration's board of directors comprises two types of representatives: Touchstone Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Touchstone. The board's role is to monitor Touchstone Exploration's management team and ensure that shareholders' interests are well served. Touchstone Exploration's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Touchstone Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stanley Smith, Non-Executive Director | ||
| Scott Budau, Chief Financial Officer | ||
| Thomas Valentine, Corporate Secretary, Independent Director | ||
| PEng MBA, Executive Development | ||
| Harrie Vredenburg, Independent Director | ||
| James BSc, Chief Officer | ||
| John Wright, Independent Chairman of the Board | ||
| James Shipka, Chief Operating Officer | ||
| Kenneth McKinnon, Independent Director | ||
| Paul Baay, President, Chief Executive Officer, Director | ||
| Peter Nicol, Non-Executive Director | ||
| ICDD BA, CEO President | ||
| Timothy Sweeney, General Counsel |
Touchstone Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Touchstone Exploration a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.17 | ||||
| Return On Asset | -0.0571 | ||||
| Profit Margin | (0.25) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 167.35 M | ||||
| Shares Outstanding | 236.46 M | ||||
| Shares Owned By Insiders | 10.28 % | ||||
| Shares Owned By Institutions | 13.15 % | ||||
| Number Of Shares Shorted | 129.27 K | ||||
| Price To Book | 1.28 X |
Pair Trading with Touchstone Exploration
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Touchstone Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Touchstone Exploration will appreciate offsetting losses from the drop in the long position's value.Moving against Touchstone Stock
| 0.64 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.63 | ENS-PA | E Split Corp | PairCorr |
| 0.47 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.47 | ENS | E Split Corp | PairCorr |
| 0.34 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to Touchstone Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Touchstone Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Touchstone Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Touchstone Exploration to buy it.
The correlation of Touchstone Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Touchstone Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Touchstone Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Touchstone Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Touchstone Stock
Touchstone Exploration financial ratios help investors to determine whether Touchstone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Touchstone with respect to the benefits of owning Touchstone Exploration security.