Trio Petroleum (TPET) Stock Price, News & Analysis

Company Overview

Trio Petroleum Corp. is an independent energy company principally engaged in the acquisition, development and exploration of oil and natural gas properties in the United States. Headquartered in Houston, Texas, the company focuses on identifying high-potential acreage in prolific basins and applying technical expertise to maximize hydrocarbon recovery. Trio’s business model emphasizes disciplined, cost-effective drilling programs and the strategic acquisition of complementary assets to build a balanced portfolio of development and exploration opportunities.

The core of Trio Petroleum’s operations lies in the Permian Basin, where it holds working interests in multiple license areas spanning West Texas and Southeastern New Mexico. Leveraging modern geophysical analysis, horizontal drilling techniques and multi-stage hydraulic fracturing, the company has established a production platform targeting both oil-rich and associated gas zones. Trio’s technical team oversees well design, completion optimization and reservoir management to drive sustainable production growth and operational efficiency across its acreage.

Since its formation, Trio Petroleum has pursued a growth strategy centered on bolt-on acquisitions and joint venture partnerships with industry operators. By aligning with regional service providers and utilizing state-of-the-art drilling rigs and completion services, Trio aims to reduce cycle times and service costs. The company also evaluates emerging resource plays to diversify its portfolio and position itself for long-term value creation, including involvement in secondary recovery and enhanced oil recovery pilot projects.

Leadership at Trio Petroleum is headed by President and Chief Executive Officer, Peter H. Kagan, who brings decades of upstream experience, complemented by a senior management team with backgrounds in geology, reservoir engineering and capital markets. The board of directors combines technical, financial and operational expertise to oversee corporate governance and strategic planning. With a disciplined approach to resource development, Trio Petroleum continues to build its presence in one of North America’s most active oil and gas regions.

Key Stats

• Today's Range: $1.23 to $1.29
• 50-Day Range: $1.09 to $1.73
• 52-Week Range: $0.79 to $6.23
• Volume: 138,897 shs
• Average Volume: 3.02 million shs
• Market Capitalization: $9.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Trio Petroleum Stock Analysis - MarketRank™

Trio Petroleum scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Trio Petroleum.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Trio Petroleum is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trio Petroleum is -0.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Trio Petroleum has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.55% of the float of Trio Petroleum has been sold short.

Short Interest Ratio / Days to Cover

Trio Petroleum has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trio Petroleum has recently decreased by 9.22%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Trio Petroleum does not currently pay a dividend.

Dividend Growth

Trio Petroleum does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.55% of the float of Trio Petroleum has been sold short.

Short Interest Ratio / Days to Cover

Trio Petroleum has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trio Petroleum has recently decreased by 9.22%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

1 people have added Trio Petroleum to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Trio Petroleum insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.94% of the stock of Trio Petroleum is held by insiders.

Percentage Held by Institutions

Only 0.34% of the stock of Trio Petroleum is held by institutions.

TPET Stock Analysis - Frequently Asked Questions

How have TPET shares performed this year?

Trio Petroleum's stock was trading at $1.17 at the start of the year. Since then, TPET shares have increased by 8.5% and is now trading at $1.27.

When did Trio Petroleum's stock split?

Trio Petroleum's stock reverse split on 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), Medical Properties Trust (MPW) and NVIDIA (NVDA).

Company Calendar

• Today: 7/11/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN: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: -$9.63 million
• Net Margins: -4,056.31%
• Pretax Margin: -4,056.31%
• Return on Equity: -63.55%
• Return on Assets: -50.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $210 thousand
• Price / Sales: 45.48
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.82 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 7,520,000
• Free Float: 7,227,000
• Market Cap: $9.55 million
• Optionable: Not Optionable
• Beta: -5.29