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Touchstone shares jump 19% on strong Q2 earnings and better Cascadura output

Company Fundamentals
14 Aug 2026
Proactive Investors
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Bullish
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Touchstone Exploration's shares rose nearly 19% after reporting a sharp rebound in Q2 earnings, with net income swinging to $2.34 million from a $2.38 million loss in Q1. Funds flow from operations increased to $7.13 million, driven by a 39% rise in petroleum and natural gas sales to $17.47 million, supported by higher commodity prices. The Cascadura compression project, commissioned in late June, exceeded expectations with natural gas production averaging 16.5 million cubic feet per day. The company also strengthened its balance sheet by reducing net debt and completing financing activities, positioning itself for further production optimization and development in Trinidad and Tobago.

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