Touchstone returns to profit in Q2 FY26, net income USD 2.34 million; petroleum and natural gas sales rise 39% to USD 17.47 million

Reuters2026/08/14 06:01

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Touchstone swung to net income of USD 2.34 million, reversing a USD 2.38 million net loss in Q1 2026.
Funds flow from operations more than doubled to USD 7.13 million from USD 1.85 million in Q1.
Petroleum and natural gas sales climbed 39% quarter-on-quarter to USD 17.47 million; operating netback rose 77% to USD 24.37/boe.
Average production slipped 5% from Q1 to 4,433 boe/d due to Atlantic LNG maintenance that constrained natural gas output.
Net debt fell 10% from Q1 to USD 68.71 million; Cascadura booster compressor entered service July 9, initially averaging 16.5 MMcf/d gross.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Touchstone Exploration Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608140200ACCESSWRNAPR_____1207150) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Touchstone returns to profit in Q2 FY26, net income USD 2.34 million; petroleum and natural gas sales rise 39% to USD 17.47 million

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