Touchstone Exploration (PBEGF) Projected to Post Quarterly Earnings on Friday

Touchstone Exploration (OTCMKTS:PBEGF) is projected to announce its results before the market opens on Friday, March 20th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $17.3760 million for the quarter.

Touchstone Exploration Price Performance

Touchstone Exploration stock opened at $0.15 on Thursday. The stock has a fifty day simple moving average of $0.13 and a two-hundred day simple moving average of $0.14. Touchstone Exploration has a 12 month low of $0.08 and a 12 month high of $0.31.

About Touchstone Exploration

Touchstone Exploration Inc is a Canada-based upstream oil and gas company focused on the exploration, development and production of hydrocarbon resources in the Caribbean region. The company’s primary assets are located onshore and offshore in Trinidad and Tobago, where it operates multiple fields under production-sharing contracts. Touchstone’s operations encompass drilling, well optimization and facility management, with an emphasis on natural gas and light oil production for local and regional markets.

Since beginning operations in Trinidad and Tobago in the early 2010s, Touchstone has expanded its portfolio through strategic farm-out agreements and acreage acquisitions.