Trio Petroleum (TPET) Stock Price, News & Analysis

Company Overview

We are an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California. The Company was incorporated on July 19, 2021, under the laws of Delaware to acquire, fund and develop oil exploration and production assets in California. We have no revenue-generating operations as of the date of this prospectus. The Company was formed to acquire Trio Petroleum LLC’s (“Trio LLC”) approximate 82.75% working interest (“WI”) (which was subsequently increased to an approximate 85.75% working interest) in the large, approximately 8,600-acre South Salinas Project (the “South Salinas Project”), and subsequently partner with certain members of Trio LLC’s management team to develop and operate those assets. Trio LLC holds an approximate 3.8% WI in the South Salinas Project. We hold an approximate 68.6% net revenue interest in the South Salinas Project. We were formed as a Delaware corporation in July 2021. Our principal executive office is located at 4115 Blackhawk Plaza Circle, Suite 100, Danville, CA 94506 and our operations office is located at 5401 Business Park, Suite 115 Bakersfield, CA.

Key Stats

• Today's Range: $1.13 to $1.35
• 50-Day Range: $0.10 to $1.94
• 52-Week Range: N/A
• Volume: 695,786 shs
• Average Volume: N/A
• Market Capitalization: $3.39 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 $0.2620 at the start of the year. Since then, TPET shares have increased by 411.5% and is now trading at $1.34.
View the best growth stocks for 2024 here.

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.
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Industry, Sector and Symbol

• Stock Exchange: NYSEMKT
• Sector: Mining
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSEMKT:TPET
• CUSIP: N/A
• CIK: 1898766
• Web: N/A
• Phone: (44)7581-192-515
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

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

Sales & Book Value

• Annual Sales: $135,975.00
• Price / Sales: 24.92
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 2,529,000
• Free Float: N/A
• Market Cap: $3.39 million
• Optionable: N/A
• Beta: -8.04