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Stocks in play: Touchstone Exploration Inc.
Reports its operating and condensed financial results for the three months and year ended December 31, 2023. The company achieved quarterly record funds flow from operations of $10,489,000 in the fourth quarter compared to $2,432,000 in the preceding quarter, primarily driven by the $7,720,000 quarter-over-quarter increase in operating netback. $1,186,000 in quarterly capital investments primarily focused on expenditures directed to Royston-1X production testing, final Cascadura facility commissioning and pre-drill expenditures relating to the Cascadura-2 well. Touchstone Exploration Inc. shares T.TXP are trading down $0.01 at $0.85.
