Trio Petroleum Corp. (TPET)
| Market Cap | 13.37M +400.5% |
| Revenue (ttm) | 510,108 +127.7% |
| Net Income | -6.68M |
| EPS | -0.64 |
| Shares Out | 32.38M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,175,705 |
| Open | 0.4000 |
| Previous Close | 0.3900 |
| Day's Range | 0.3920 - 0.4143 |
| 52-Week Range | 0.3550 - 2.5000 |
| Beta | -4.84 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jun 9, 2026 |
About TPET
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company’s flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.
Financial Performance
In fiscal year 2025, Trio Petroleum's revenue was $398,734, an increase of 87.02% compared to the previous year's $213,204. Losses were -$7.28 million, -24.36% less than in 2024.
Financial StatementsNews
TRIO PETROLEUM CORP ANNOUNCES STRATEGIC EXPANSION INITIATIVE FOLLOWING SUCCESSFUL CAPITAL RAISE AND ENCOURAGES STOCKHOLDER SUPPORT AT MAY 21ST ANNUAL MEETING
Malibu, California, May 11, 2026 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (“Trio” or the “Company”) today announced that it has strengthened its financial position through recent capital raises totalin...
Trio Petroleum completes $19M raise under ATM program
Trio Petroleum (TPET) announced that as of March 18, 2026, the Company had raised $19,017,527 in gross proceeds under its ATM program, resulting in net cash proceeds to Trio of…
Trio Petroleum retires remaining outstanding convertible investments
Trio Petroleum (TPET), announced that as of February 13 ,2026, convertible promissory notes with an aggregate principal of $1.2M had been fully converted into shares of Trio common stock. The…
Trio Petroleum provides Alberta update, confirms near-term production
Trio Petroleum (TPET) provides an operational update on its Alberta heavy-oil asset located at NW 7-50-1W4, marking the Company’s first producing foothold and strategic entry into the Province of Albe...
Trio Petroleum acquires certain Saskatchewan heavy oil assets from NovaCor
Trio Petroleum (TPET) has acquired certain Saskatchewan heavy oil assets from NovaCor Exploration. The Acquired Assets are located in west-central Saskatchewan and include producing heavy oil wells, a...
Trio Petroleum acquires cash flow positive production in Alberta
Trio Petroleum (TPET) announces that its wholly owned Canadian Subsidiary Trio Petroleum Canada has acquired a high-value mineral lease covering a quarter section located at NW 7-50-1W4 in Alberta, Ca...
Trio Petroleum announces Trio approved by AER
Trio Petroleum (TPET) announces that its wholly owned Canadian Subsidiary Trio Petroleum Canada has received notice from the Alberta Energy Regulator, AER, that Trio meets all eligibility requirements...
Trio approved by Alberta Energy Regulator to acquire and hold energy licences.
Malibu, California, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California oil and gas company, today is pleased to announce that its wholl...
Trio Petroleum files to sell 1.68M shares of common stock for holders
16:34 EDT Trio Petroleum (TPET) files to sell 1.68M shares of common stock for holders
Trio Petroleum plans to increase production, cash flows in Q4
Trio Petroleum (TPET) provided an operational update on each of its current oil and gas assets, by field. Lloydminster, Saskatchewan: Production has stabilized between 60 and 70 BOPD at the…
Trio Provides Operational Update
Company Details Plans to Increase Production, Cash Flows in Q4 2025 Monterey, California, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a Calif...
Trio Petroleum suspends operations at McCool Ranch
Trio Petroleum (TPET) has decided to suspend operations at McCool Ranch and will terminate its efforts to acquire a working interest in the project. The company made this determination, because,…
Trio to suspend operations at McCool Ranch
California, May 23, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, has decided to suspend operations at McCool Ra...
Trio Petroleum completes acquisition of oil, gas assets in Saskatchewan, Canada
Trio Petroleum (TPET) closed on the balance of certain petroleum and natural gas properties held by Novacor Exploration. More specifically, TPET closed on the remaining Novacor TWP47 assets, located a...
Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada
Bakersfield, CA, May 22, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has ...
Trio Petroleum enters into LOI to acquire 2000 acres in P.R. Spring Utah
Trio Petroleum (TPET) announces it has entered into a Letter of Intent, LOI, to acquire 2000 acres at P.R. Spring, Unita Basin, Utah from Heavy Sweet Oil. According to a…
Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada.
California, May 20, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company ”), a California-based oil and gas company, is pleased to announce it has entered into a ...
Trio Petroleum files to sell 2.03M shares of common stock for holders
17:30 EDT Trio Petroleum (TPET) files to sell 2.03M shares of common stock for holders
Trio Petroleum closed on certain properties held by Novacor
Trio Petroleum (TPET) announces that it has closed on certain petroleum and natural gas properties held by Novacor Exploration. More specifically, TPET closed on Novacor’s TWP48 Assets which is expect...
Trio Petroleum provides update on Asphalt Ridge Project, Utah
Trio Petroleum (TPET) provided updates on its Asphalt Ridge Project in Uintah County, Utah, and its intent to acquire a 100% working interest in certain petroleum and natural gas properties…
Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to April 10, 2025 and non-binding Letter of Intent to acquire Novacor oil and gas assets extended to March 15, 2025.
Bakersfield, CA, March 05, 2025 (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 ...
Trio Petroleum retires remaining outstanding convertible notes
Trio Petroleum (TPET) announced that as of January 7,2025, the Company had fully repaid senior secured convertible promissory notes with an aggregate principal of $1.6M. The Notes were issued in…
Company retires remaining Outstanding Convertible Investments
Bakersfield, CA, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that as of January 7,2025, th...
Trio Petroleum entered LOI to acquire certain properties held by Novacor
Trio Petroleum (TPET) announces that it has entered into a non-binding Letter of Intent, LOI, for the acquisition of a 100% working interest in certain petroleum and natural gas properties…
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...