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: $1.36 to $1.52
• 50-Day Range: N/A
• 52-Week Range: $0.79 to $14.39
• Volume: 683,332 shs
• Average Volume: 5.65 million shs
• Market Capitalization: $9.35 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 6% 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 -0.32, 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 -0.32, 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 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

25.39% 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 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trio Petroleum has recently increased by 387.24%, indicating that investor sentiment is decreasing 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

25.39% 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 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trio Petroleum has recently increased by 387.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

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

Search Interest

Only 5 people have searched for TPET on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

MarketBeat Follows

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

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Trio Petroleum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,132.00 in company stock.

Percentage Held by Insiders

14.71% of the stock of Trio Petroleum is held by insiders. A high percentage of insider ownership can be a sign of company health.

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 $1.76 on January 1st, 2025. Since then, TPET shares have decreased by 21.0% and is now trading at $1.39.
View the best growth stocks for 2025 here.

When did Trio Petroleum's stock split?

Trio Petroleum shares reverse split before market open on Friday, November 15th 2024. The 1-20 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the market closes 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?

Top institutional shareholders of Trio Petroleum include Integrity Wealth Advisors Inc. (0.43%). 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: 2/21/2025
• Next Earnings (Estimated): 3/17/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEAMERICAN:TPET
• CUSIP: N/A
• 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: 44.87
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.82 per share
• Price / Book: 0.50

Miscellaneous

• Outstanding Shares: 6,730,000
• Free Float: 5,737,000
• Market Cap: $9.42 million
• Optionable: Not Optionable
• Beta: -7.73