SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CENTRAL_BANK FLASH L impact

Touchstone Exploration Announces Third Quarter 2026 Financial and Operating Results

Touchstone Exploration Inc. reported net income of $0.08 million for the third quarter of 2026, an improvement from a net loss of $2.06 million in the third quarter of 2025. Petroleum and natural gas sales totaled $16.46 million, representing a 30% increase year-over-year, driven by a 49% rise in realized commodity prices despite a 13% decrease in sales volumes. Production averaged 4,485 boe/d, a slight increase from the second quarter of 2026, supported by the completion of the Cascadura facility compression project. Funds flow from operations rose to $5.37 million, compared to $0.74 million in the prior-year period. The company noted that reported sales volumes were impacted by a 9,465-barrel increase in crude oil inventory during the quarter, most of which was sold in October 2026.

TXP

Related stories