Trio Petroleum (TPET) Stock Price, News & Analysis

Company Overview

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship project comprises the 85.75% owned working interest in the South Salinas project that consists of approximately 9,300-acre located in Monterey, California. It also owns 22% working interest in the McCool Ranch Oil Field located in Monterey County, California; 2% production interest in the Asphalt Ridge project comprises approximately 960 acres located in southwest of Vernal, Utah; and holds an option agreement to acquire 100% working interest in the Union Avenue Field located in Bakersfield, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Bakersfield, California.

Key Stats

• Today's Range: $0.50 to $0.52
• 50-Day Range: $0.38 to $1.95
• 52-Week Range: $0.36 to $2.50
• Volume: 1.72 million shs
• Average Volume: 7.72 million shs
• Market Capitalization: $17.34 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TPET Stock Analysis - Frequently Asked Questions

How have TPET shares performed this year?

Trio Petroleum's stock was trading at $0.7940 at the start of the year. Since then, TPET stock has decreased by 35.5% and is now trading at $0.5125.

How were Trio Petroleum's earnings last quarter?

Trio Petroleum Corp. (NYSEAMERICAN:TPET) issued its quarterly earnings results on Tuesday, March, 17th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $0.12 million for the quarter. Trio Petroleum had a negative net margin of 1,312.38% and a negative trailing twelve-month return on equity of 51.89%.

When did Trio Petroleum's stock split?

Trio Petroleum's stock reverse split on the morning of Friday, November 15th 2024.A 1-20 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, November 14th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Trio Petroleum?

Shares of TPET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Trio Petroleum own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trio Petroleum investors own include Annaly Capital Management (NLY), Realty Income (O), Oxford Square Capital (OXSQ), Aberdeen Total Dynamic Dividend Fund (AOD), Abrdn Global Infrastructure Income Fund (ASGI), NVIDIA (NVDA).

Company Calendar

• Last Earnings: 3/17/2026
• Today: 5/06/2026
• Fiscal Year End: 10/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN:TPET
• Previous Symbol: NYSEMKT:TPET
• CIK: 1898766
• Web: trio-petroleum.com
• Phone: 661-324-1122
• Fax: N/A
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($4.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$7.28 million
• Net Margins: -1,312.38%
• Pretax Margin: -1,312.18%
• Return on Equity: -51.89%
• Return on Assets: -44.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.50
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: $400 thousand
• Price / Sales: 43.34
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.34 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 33,830,000
• Free Float: 32,196,000
• Market Cap: $17.34 million
• Optionable: Not Optionable
• Beta: -4.85