Trio Petroleum Corp. (TPET)

NYSEAMERICAN: TPET · Real-Time Price · USD
1.110
-0.360 (-24.49%)
At close: Dec 20, 2024, 4:00 PM
1.090
-0.020 (-1.80%)
After-hours: Dec 20, 2024, 7:59 PM EST
-24.49%
Market Cap 2.81M
Revenue (ttm) 135,975
Net Income (ttm) -9.25M
Shares Out 2.53M
EPS (ttm) -4.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,710,854
Open 1.360
Previous Close 1.470
Day's Range 1.050 - 1.370
52-Week Range 0.790 - 14.400
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 27, 2025

About TPET

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 inte... [Read more]

Sector Energy
IPO Date Apr 18, 2023
Employees 7
Stock Exchange NYSEAMERICAN
Ticker Symbol TPET
Full Company Profile

Financial Performance

Financial Statements

News

Trio Provides Operational Update on McCool Ranch

Company Details Plans to Increase Production and Cash Flow Bakersfield, CA, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oi...

17 days ago - GlobeNewsWire

Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025

Bakersfield, CA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided updates on its Asphalt R...

25 days ago - GlobeNewsWire

Spartan Capital Securities Successfully Completes Multiple Key Transactions in October 2024

NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a full-service investment banking firm, is proud to announce its successful completion of several notable transactions thro...

Other symbols: IVP
7 weeks ago - GlobeNewsWire

Trio Provides Operational Update

Company Details Plans to Increase Production Bakersfield, CA, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas comp...

2 months ago - GlobeNewsWire

Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to December 10, 2024

Bakersfield, CA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided updates on its Asphalt R...

2 months ago - GlobeNewsWire

First Oil Production Confirmed at Asphalt Ridge's Well HSO 2-4

Bakersfield, CA, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, is pleased to announce oil production,...

3 months ago - GlobeNewsWire

Trio Reports Notable Increases in Estimated Oil and Gas Reserves

Discounted Net Cash Flow (at 10%) increase of $67 Million to $475 Million Based on Updated Operations Bakersfield, CA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Tr...

3 months ago - GlobeNewsWire

Company Appoints New Chief Executive Officer

Co-Founder and Chairman Robin Ross Accepts Expanded Role Bakersfield, CA, July 15, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil...

5 months ago - GlobeNewsWire

Company Announces First Revenue

Company Collects First Revenue Check for April Oil Sales at McCool Ranch Field HH-1 at McCool Ranch Producing Steadily at Approximately 30 BOPD Bakersfield, CA, July 01, 2024 (GLOBE NEWSWIRE) -- Trio ...

6 months ago - GlobeNewsWire

Company Regains NYSE Listing Compliance

Bakersfield, CA, May 06, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that on May 1, 2024, New York ...

8 months ago - GlobeNewsWire

Company Provides Operational Update for Monterey County Oil Producing Assets

Combined Oil Production Stabilized at 75 Barrels Per Day Bakersfield, CA, April 11, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oi...

9 months ago - GlobeNewsWire

Company Retires $2.6 Million Convertible Note

Company Currently Has No Outstanding Convertible Investments Remaining Bakersfield, CA, April 09, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a Calif...

9 months ago - GlobeNewsWire

Trio Petroleum Corp Provides Update on Monterey County Operations

McCool Ranch Field HH-1 Well Producing ~47 Barrels of Oil per Day; 58X and 35X Wells to be Restarted Shortly Presidents Field HV-3A Well to be Restarted Shortly at S. Salinas Project Bakersfield, CA, ...

9 months ago - GlobeNewsWire

Trio Petroleum Announces Notice of Noncompliance with NYSE American Listing Standards

Bakersfield, CA, March 01, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“TPET”, “Trio” or the “Company”), a California-based oil and gas company, today announced that on Februar...

10 months ago - GlobeNewsWire

Trio Petroleum Corp Announces an Option to Acquire a 20% Interest in the Asphalt Ridge Development Project in Utah

Estimated Contingent Resources of 42-92 Million Barrels of Oil Development of this Potential Giant Oilfield Commencing January 2024 Bakersfield, CA, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Co...

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces the Restart of the McCool Ranch Oil Field

Oilfield Fully-Permitted to Restart Production from Six Previously Producing Wells San Ardo Water Disposal Well WD-1 Successfully Refurbished and the Testing and Repairs of On-Site Facilities In-Progr...

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces an Option to Acquire a 40 BCF Potential Natural Gas Prospect in the Sacramento Basin, California

BAKERSFIELD, CA, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp. (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today announced that it has secured a f...

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces Appointment of Michael L. Peterson as CEO

Frank Ingriselli to Assume Role of Vice Chairman BAKERSFIELD, CA, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas ...

1 year ago - GlobeNewsWire

Trio Petroleum Corp To Present at LD Micro XVI Main Event Investor Conference on Tuesday, October 3rd at 3:00pm PT

Will Provide Update on Operations and Testing of HV-1 Discovery Well

1 year ago - GlobeNewsWire

Trio Petroleum Corp Provides Update on Testing of the HV-1 Discovery Well

Pumping Unit and Storage Tank s and other Temporary Facilities Being Installed

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces Selection of the Monterey Formation Brown Zone as the Second Test Interval at its HV-1 Discovery Well

The Brown Zone is the Core Reserve Zone to now be tested after exciting production results from its first test in the Mid-Monterey Formation.

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces Investor Conference Call to Provide Update on Future Development Plans and Its Continued Testing Operations on the HV-1 Discovery Well

Webinar Media Interactive Call will be Held on Wednesday, August 23 at 4:30PM EST DANVILLE, CA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio ” or the “ Company”),...

1 year ago - GlobeNewsWire

Top 2 Energy Stocks That Are Preparing To Pump This Month - Imperial Ptrl (NASDAQ:IMPP), Trio Petroleum (AMEX:TPET)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: IMPP
1 year ago - Benzinga

Trio Petroleum Corp Announces that the First Test Interval of its HV-1 Discovery Well has Tested at Rates up to 125 BOPD along with Associated Natural Gas

Testing Operations to Continue on Additional Intervals Visit Trio Website for Oil Production Videos DANVILLE, CA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp. (NYSE American: TPET) (“Trio” o...

1 year ago - GlobeNewsWire

Trio Petroleum Corp Announces Commencement of Full Field Development Activities of its South Salinas Project

Development Plan includes resumption of production from HV-3A and BM 2-2 wells

1 year ago - GlobeNewsWire