Touchstone Exploration Inc.

Touchstone Exploration Inc.verified

PBEGF

Price:

$0.42

Market Cap:

$99.30M

Touchstone Exploration Inc., an upstream oil and gas company, engages in the exploration, development, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. The company has interests in various private exploration mineral leasing properties; and two exploration blocks. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc. in May 2014. Touchstone Exploration Inc. was incorporated in 2012 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-02-13

Stock Exchange

PNK

Ticker

PBEGF

The Current Ratio as of September 2024 (TTM) for Touchstone Exploration Inc. (PBEGF) is 0.88

According to Touchstone Exploration Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.88. This represents a change of 24.52% compared to the average of 0.71 of the last 4 quarters.

Touchstone Exploration Inc. (PBEGF) Historical Current Ratio (quarterly & annually)

How has PBEGF Current Ratio performed in the past?

The mean historical Current Ratio of Touchstone Exploration Inc. over the last ten years is 1.13. The current 0.88 Current Ratio has changed 7.70% with respect to the historical average. Over the past ten years (40 quarters), PBEGF's Current Ratio was at its highest in in the March 2021 quarter at 1.89. The Current Ratio was at its lowest in in the September 2023 quarter at 0.56.

Quarterly (TTM)
Annual

Average

1.13

Median

1.04

Minimum

0.75

Maximum

1.79

Touchstone Exploration Inc. (PBEGF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Touchstone Exploration Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 93.40%

Maximum Annual Current Ratio = 1.79

Minimum Annual Increase = -88.07%

Minimum Annual Current Ratio = 0.75

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.75-39.29%
20221.23-7.35%
20211.33-25.63%
20201.7993.40%
20190.9311.91%
20180.83-41.68%
20171.4235.01%
20161.051.25%
20151.045.73%
20140.98-88.07%

Touchstone Exploration Inc. (PBEGF) Average Current Ratio

How has PBEGF Current Ratio performed in the past?

The current Current Ratio of Touchstone Exploration Inc. (PBEGF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.10

5-year avg

1.21

10-year avg

1.13

Touchstone Exploration Inc. (PBEGF) Current Ratio vs. Peers

How is PBEGF’s Current Ratio compared to its peers?

Touchstone Exploration Inc.’s Current Ratio is less than Tenaz Energy Corp. (2.44), greater than Alpha Energy, Inc. (0.04), less than AXP Energy Limited (1.26), less than Canacol Energy Ltd (0.97), greater than Pipestone Energy Corp. (0.65), less than Parex Resources Inc. (1.14), less than Forza Petroleum Limited (0), less than International Petroleum Corporation (0), less than NuVista Energy Ltd. (2.97), less than null (0.90), less than null (0),

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