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An update from Touchstone Exploration ( (TSE:TXP) ) is now available.
Touchstone Exploration Inc. reported a decline in financial performance for the third quarter of 2025, with a net loss of $2.06 million compared to a profit in the previous year. The company’s production averaged 5,141 boe/d, with a notable increase in natural gas output. Despite a decrease in petroleum and natural gas sales, Touchstone continues to invest in its Cascadura operations and has secured convertible debt financing to support its development activities. The company is also working on strategic dispositions and drilling updates, aiming to optimize production and address pricing challenges with the National Gas Company of Trinidad and Tobago.
More about Touchstone Exploration
Touchstone Exploration Inc. operates in the energy sector, focusing on the exploration and production of oil and natural gas. The company is primarily engaged in developing its assets in Trinidad and Tobago, with a significant emphasis on natural gas production.
For detailed information about TXP stock, go to TipRanks’ Stock Analysis page.