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: $1.23 to $1.30
• 50-Day Range: $1.18 to $1.51
• 52-Week Range: $0.79 to $10.40
• Volume: 75,797 shs
• Average Volume: 2.30 million shs
• Market Capitalization: $8.35 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 $1.17 on January 1st, 2025. Since then, TPET shares have increased by 6.0% and is now trading at $1.24.
View the best growth stocks for 2025 here.

When did Trio Petroleum's stock split?

Shares of Trio Petroleum reverse split before market open 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.

Who are Trio Petroleum's major shareholders?

Trio Petroleum's top institutional shareholders include XTX Topco Ltd (0.40%). Insiders that own company stock include Thomas J Pernice, John W Randall and Frank C Ingriselli.
View institutional ownership trends.

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: 5/10/2025
• Next Earnings (Estimated): 6/13/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Energy
• Industry: Crude petroleum & natural gas
• 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 (Most Recent Fiscal Year): ($4.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,630,000.00
• Net Margins: N/A
• Pretax Margin: -4,519.72%
• Return on Equity: -107.29%
• Return on Assets: -82.75%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.22
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: $210,000.00
• Price / Sales: 39.74
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.82 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 6,730,000
• Free Float: 5,737,000
• Market Cap: $8.35 million
• Optionable: Not Optionable
• Beta: -7.73