Touchstone Exploration (TSE:TXP) Issues Quarterly Earnings Results

Touchstone Exploration (TSE:TXP) posted its quarterly earnings data on Thursday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$13.81 million for the quarter. Touchstone Exploration had a negative return on equity of 19.06% and a negative net margin of 20.31%.

Touchstone Exploration Stock Performance

Shares of TXP opened at C$0.12 on Friday. The stock has a market capitalization of C$37.34 million, a P/E ratio of 11.50, a P/E/G ratio of 4.01 and a beta of 1.32. The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.69 and a current ratio of 0.83. Touchstone Exploration has a 1 year low of C$0.12 and a 1 year high of C$0.58. The company’s fifty day moving average is C$0.24 and its two-hundred day moving average is C$0.29.

Touchstone Exploration Company Profile

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.