Touchstone Exploration Inc
LSE:TXP
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Touchstone Exploration Inc
TSX:TXP
|
56.8m CAD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
971.1B CNY |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
137.3B USD |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
114.8B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
64B USD |
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|
|
| PK |
O
|
Oil and Gas Development Co Ltd
LSE:37OC
|
59.6B USD |
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|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
48.4B USD |
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|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
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|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
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|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
50B AUD |
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|
|
| US |
|
EQT Corp
NYSE:EQT
|
35.3B USD |
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|
Market Distribution
| Min | -10 058.3% |
| 30th Percentile | 20.4% |
| Median | 33.6% |
| 70th Percentile | 50.5% |
| Max | 717.4% |
Other Profitability Ratios
Touchstone Exploration Inc
Glance View
Touchstone Exploration, Inc. engages in the acquisition, exploration, development, production, and sale of petroleum and natural gas. The company is headquartered in Calgary, Alberta and currently employs 78 full-time employees. The firm is active in onshore properties located in the Republic of Trinidad and Tobago. The firm has interests in a number of small undeveloped exploration properties and three larger exploration blocks. The Company’s exploration projects include Ortoire, Cascadura, Chinook, Royston, and natural gas in Trinidad and Tobago. Its main exploration focus is the Ortoire exploration block. The firm owns 80% operated working interest in the Ortoire block. The property covers approximately 44,731 gross acres (35,785 net) on the east side of Trinidad. The second exploration well, Cascadura-1, was sidetracked (ST1) and drilled to a total depth of approximately 6,350 feet. The well at Chinook-1 was drilled to a total depth of approximately 10,039 feet.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Touchstone Exploration Inc is 65.1%, which is below its 3-year median of 71.5%.
Over the last 3 years, Touchstone Exploration Inc’s Gross Margin has decreased from 69.3% to 65.1%. During this period, it reached a low of 62.3% on Jun 30, 2023 and a high of 80% on Sep 30, 2024.
