Powerpack

Unlock full stockrow access for only $7.9/month and boost yourself as an investor.

Watchlist

Keep track of companies that you follow and research.

10 Years of Data

Full access to our data with predictions and indicators that we calculate daily.

Screener

Full access to our screener with tons of custom values and customizable email notifications.

XLS Exports

Excel export of financials and screeners you define and save.

Trio Petroleum Corp. TPET

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells
0.03
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 2 3 1 2 3 2 1
Insider Ownership
0.00%

Capital & Financial Ratios

Market Cap
10.06
Revenue
0.85
Net Income
(6.96)
Free Cash Flow
(4.53)
Net Debt
(24.29)
Current Ratio
20.55
Debt/Equity
0.00
P/E ratio
0.00
P/S ratio
10.44
P/B ratio
0.24
Past 5Y EPS Growth
This Y EPS Growth
(9.10%)
Next Y EPS Growth
Next 5Y EPS Growth
in millions of $

Dividends

Payout Ratio
Annual Dividend Rate
Annual Dividend Yield

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1.56 0.29 0.88 24.29
Receivables 0.06 0.16
Inventory
Other
1.70 0.57 1.07 24.68
2023 2024 2025 Q'26
Payables 0.61 1.04 1.31 1.06
ST’ Debt
Other 0.00 0.46 0.08 0.12
1.85 2.59 1.86 1.20
in millions of $

Compound Annual Growth

10y 5y 3y
Sales
Cash Flow ‡‡‡
Earnings ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Jan Apr Jul Oct Year
’26 0.12 0.21 0.35
’25 0.01 0.02 0.19 0.17
0.40
in millions of $

Operating Cash Flow

Jan Apr Jul Oct Year
’26 (0.53) (1.62) (0.40)
’25 (0.92) (0.74) (0.36) (0.59)
(2.60)
’24 (0.77) 1.46 (0.56) (3.96)
(3.84)
’23 (0.22) (0.58) (1.74) (1.49)
(4.04)
’22 (0.43) 0.13 (0.13) (0.08)
(0.50)
in millions of $

Free Cash Flow

Jan Apr Jul Oct Year
’26 (0.53) (1.62) (0.51)
’25 (1.00) (1.14) (1.25) (0.58)
(3.49)
’24 (1.69) 1.31 (0.64) (4.00)
(5.01)
’23 (0.22) (2.09) (3.45) (2.40)
(8.15)
’22 (0.43) 0.13 (0.13) (0.08)
(0.50)
in millions of $

EPS

Jan Apr Jul Oct Year
’26 (0.90) (0.45) (0.39)
’25 (2.97) (1.98) (1.53) (0.99)
(7.20)
’24 (9.00) (18.00) (7.20)
(38.88)
’23 (0.04) (21.60) (14.40) (5.40)
(50.40)
’22 (0.03) (0.03)
(0.16)

Target Price Range

High
Average
Low

Recommendation Rating

1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
46.98 7.11 6.35
Low Price
540.00 129.60 29.25
High Price
7 1 1
Employees
0.00 0.21 0.40
Revenue/Emp
0.21 0.40
Revenue
‡‡‡ 0.00% 100.00% 55.93%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ (3.80) (6.54) (9.63) (7.28)
EBT
‡‡‡ ‡‡‡ 0.00% 0.00% (4,515.38%) (1,826.46%)
EBT Margin
‡‡‡ ‡‡‡‡‡ (3.80) (6.54) (9.63) (7.28)
Net Income
‡‡‡‡‡ 1.22 0.48 2.10 0.61
Depreciation
‡‡‡ 0.00 0.00 0.86 0.39
Revenue/Sh
‡‡‡ (0.16) (50.40) (38.88) (7.20)
Earnings/Sh
‡‡‡‡‡ (6.11) (31.49) (15.53) (2.57)
Cash Flow/Sh
‡‡‡‡‡ 0.00 (32.07) (4.74) (0.87)
Capex/Sh
‡‡‡‡‡ (6.11) (63.56) (20.27) (3.44)
Free CF/Sh
‡‡‡ ‡‡‡‡‡ 33.13 76.00 36.56 11.16
Book Value/Sh
‡‡‡‡‡ 0.08 0.13 0.25 1.01
Shares
0.00 0.00
PE Ratio
0.00 23.55
PS Ratio
0.63 0.83
PB Ratio
0.00 36.17
EV/Sales
(2.26) (3.64)
EV/FCF
‡‡‡‡‡ (0.50) (4.04) (3.84) (2.60)
Op' Cash Flow
‡‡‡‡‡ (4.11) (1.17) (0.88)
Capex
‡‡‡‡‡ (0.50) (8.15) (5.01) (3.49)
FCF
‡‡‡‡‡ ‡‡‡‡‡ (4.96) (0.16) (2.03) (0.79)
Working Cap'
‡‡‡‡‡ 5.43
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ 5.36 (1.56) (0.29) (0.88)
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ 2.72 9.74 9.04 11.30
Sh' Equity
‡‡‡ ‡‡‡‡‡ (44.03%) (61.94%) (82.54%) (58.49%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ (6.24%) (35.25%) (44.38%) (31.62%)
ROIC
‡‡‡ ‡‡‡‡‡ (112.21%) (104.99%) (102.49%) (71.58%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Trio Petroleum Corp. (TPET), a nimble micro-cap explorer in California’s promising Monterey Formation, has navigated wild energy market swings with emerging revenue traction that’s turning heads amid broader sector turbulence. From zero revenue pre-2024, TPET surged to $213K in 2024 and nearly doubled to $399K in 2025—a whopping 87% jump—powered by sky-high gross margins (peaking at 100%) and revenue per employee exploding to $399K with a ultra-lean team of one. While explosive stock highs near $60 in 2023 have given way to penny-level lows (down 93% from peaks), this reflects heavy dilution (shares outstanding up 309%) and persistent losses easing from -$9.6M to -$7.3M, hinting at operational momentum if execution sharpens.

Profitability metrics show glimmers of hope: free cash flow per share improved 83% less negative to -$0.38, capex moderated, and net debt flipped to a cash-positive position, positioning TPET for potential scaling in a $70+ oil environment. Yet, insider sales without buys, zero analyst coverage, and balance sheet strain from equity erosion underscore high risks, echoing past junior E&P busts. With no forward projections but tailwinds like deregulation or M&A possible, TPET embeds deep pessimism at current levels—could a production beat or oil spike to $90+ ignite a rebound? Dive into the full analysis for the charts, comps, and catalysts that could redefine this high-upside wildcard.

Trio Petroleum Corp. (TPET) Latest News

News by impact score

Fine-tune

18 Aug

3 , 4:05 PM
Trio Petroleum Corp announces proactive reverse stock split and updates shareholders on acquisition and drilling strategy. Reverse stock split paired with acquisition and drilling updates signals moderately noticeable effects on operational outlook and market perception.

18 Jun

4 , 8:00 AM
Trio Petroleum Corp (TPET) provides updates on its acquisition strategy and ongoing operations. Acquisition strategy updates represent major strategic moves that could significantly alter TPET's trajectory.

11 May

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. (TPET) announces strategic expansion initiative after successful capital raise and urges stockholder support at the May 21st annual meeting. Strategic expansion following successful capital raise represents a major initiative poised to significantly enhance TPET's growth trajectory and market performance.

18 Mar

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. (TPET) completed a transformational $19 million capital raise through its At-The-Market (ATM) offering program. $19 million raise provides substantial non-dilutive capital essential for advancing TPET's oil and gas exploration and production activities.

18 Feb

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. (TPET) retires its remaining outstanding convertible investments, eliminating all such obligations. Retiring remaining convertible investments clears balance sheet liabilities and eliminates future share dilution risk for TPET.

5 Feb

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. has provided an update on its operations in Alberta, confirming that it is set to commence production in the near term. The company is focused on enhancing its operational capabilities and is optimistic about the upcoming production phase, which is expected to contribute positively to its overall performance. The confirmation of near-term production commencement is likely to significantly impact the company's future performance and investor sentiment.

6 Jan

4 TipRanks, 8:37 AM
Trio Petroleum Corp. has acquired certain heavy oil assets located in Saskatchewan from NovaCor. This acquisition is part of Trio's strategy to enhance its portfolio and expand its operational footprint in the oil sector. The deal is expected to contribute positively to the company's production capabilities and overall growth. The acquisition of significant heavy oil assets is likely to have a substantial impact on Trio Petroleum's future performance and market positioning.

5 Jan

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. (TPET) has announced a strategic acquisition of cash-flow-positive production assets in Saskatchewan. This move is expected to enhance the company's financial performance and highlights potential multilateral opportunities in the North Half of Section 3-48-24W3, indicating a focus on expanding operations in the region. The acquisition of cash-flow-positive assets and exploration of new opportunities are likely to significantly impact the company's future performance and market positioning.

4 Nov

4 GlobeNewswireMT NewswiresMT NewswiresOffshore TechnologyMT NewswiresOilprice.comMT NewswiresMT Newswires, 8:00 AM
Trio Petroleum Corp. (TPET) has announced a strategic acquisition of cash flow positive production assets in Alberta. This move is expected to enhance the company's operational capabilities and financial performance, positioning it for future growth in the energy sector. The acquisition of cash flow positive assets is a significant strategic move that could substantially impact the company's future performance and investor sentiment.

9 Oct

4 GlobeNewswire, 8:00 AM
Trio Petroleum Corp. has received approval from the Alberta Energy Regulator to acquire and hold energy licenses, marking a significant step in its operational capabilities within the energy sector. Approval to acquire and hold energy licenses is a major strategic move that could significantly enhance Trio Petroleum's operational capacity and market position.

8 Aug

4 , 9:07 AM
Trio Petroleum Corp. (TPET) plans to increase its production and cash flows in the fourth quarter. The company aims to enhance operational efficiency and capitalize on favorable market conditions to boost its financial performance. This strategic move is expected to strengthen its position in the industry and improve overall profitability. The planned increase in production and cash flows is a significant strategic move that could enhance the company's financial performance and market position.

7 Aug

3 GlobeNewswire, 8:58 AM
Trio Petroleum Corp. provided an operational update detailing recent developments in its projects. The company highlighted progress in drilling activities and advancements in its exploration efforts. Additionally, Trio outlined its strategic plans for the upcoming quarter, focusing on enhancing production capabilities and optimizing resource management. The update reflects the company's commitment to growth and operational efficiency in a competitive market. The operational update indicates moderate advancements that may influence financial performance and competitive positioning.

25 May

4 Insider Monkey, 6:25 PM
Trio Petroleum Corp. (NYSE:TPET) has decided to halt operations at its McCool Ranch project in California and terminate efforts to purchase a working interest in the field. This decision is due to prohibitive economics, including high water disposal costs and low natural gas prices, which have made cyclic steam operations unsustainable. The company plans to reallocate resources to more promising areas within its portfolio to enhance profitability. Halting operations at McCool Ranch represents a significant strategic shift that could impact the company's future performance and investor sentiment.

24 May

4 TipRanks, 5:15 PM
Trio Petroleum (TPET) has suspended operations at McCool Ranch and will cease efforts to acquire a working interest in the project due to prohibitive natural gas prices and water disposal costs in California. The company plans to redirect its focus to other sites that are expected to be more economically viable and potentially more profitable. Suspending operations at McCool Ranch represents a significant strategic shift that could impact the company's future performance and investor sentiment.

23 May

3 GlobeNewswire, 5:08 PM
Trio Petroleum Corp. has decided to suspend operations at McCool Ranch and will terminate efforts to acquire a working interest in the project due to prohibitive natural gas prices and water disposal costs in California. The company will redirect its focus to other sites that are expected to be more economically feasible and potentially more profitable. Suspending operations at McCool Ranch may moderately affect financial performance and strategic direction.

22 May

4 , 8:00 AM
Trio Petroleum Corp. has successfully completed the acquisition of cash flow positive oil and gas assets located in Saskatchewan, Canada, a region known for its prolific heavy oil production. This strategic move is expected to enhance the company's operational capabilities and financial performance. The acquisition of cash flow positive assets in a prolific region is likely to significantly impact Trio Petroleum's future performance and investor sentiment.

21 May

4 GlobeNewswire, 4:14 PM
Trio Petroleum Corp. has completed the acquisition of cash flow positive oil and gas assets from Novacor Exploration Ltd. in Saskatchewan's Lloydminster heavy oil region. The acquisition includes seven producing wells and positions Trio for growth in a promising oil basin. Novacor will continue to operate the assets, which have low operational costs and a competitive lift cost of CDN $10.00 per barrel. Trio plans to initiate a workover program to increase production and aims to deliver value to shareholders through disciplined operations and cost management. The total purchase price was US$650,000 in cash and shares. The acquisition significantly enhances Trio's operational footprint and cash flow potential in a key oil region, likely impacting future performance.

20 May

4 , 8:30 AM
Trio Petroleum Corp. has entered into a Letter of Intent to acquire 2,000 acres in P.R. Spring, Utah, which is recognized as one of the largest tar-sand deposits in North America outside of Canada. This acquisition could significantly enhance the company's resource portfolio and operational capabilities in the energy sector. Acquiring a substantial tar-sand deposit is a major strategic move that could significantly alter the company's trajectory and investor sentiment.

16 Apr

4 Insider Monkey, 5:42 PM
Trio Petroleum Corp. (TPET) has experienced an 11.94% decline in share price between April 8 and April 15, 2025, amid a broader downturn in the energy sector, which has fallen by 8.31% this year. The oil and gas industry is particularly affected, down 20.76%, due to a 15% drop in global oil prices driven by economic slowdown fears and increased OPEC+ supply. Despite a recent acquisition of petroleum properties in Saskatchewan, TPET's stock has struggled due to declining demand growth and falling crude prices, ranking 5th among the most significant losers in the energy sector this week. The significant decline in global oil prices and projected demand growth slowdown are likely to impact TPET's future performance and investor sentiment.

11 Apr

4 www.offshore-technology.com, 7:21 AM
Trio Petroleum has acquired cash flow-positive oil assets from Novacor Exploration in Saskatchewan's Lloydminster region, including the TWP48 and TWP47 properties. The assets comprise seven producing wells yielding approximately 70 barrels per day, with favorable operational costs and market access. The acquisition cost is $650,000 in cash and shares, with a reserve report indicating 91.5 million barrels of proved and probable oil reserves. Trio's CEO emphasized a focus on projects that generate immediate cash flow and long-term value. The current lift cost ensures profitability even in lower oil price environments. The acquisition of cash flow-positive assets and significant reserves is likely to significantly impact Trio Petroleum's future performance and investor sentiment.

10 Apr

4 , 8:30 AM
Trio Petroleum Corp. has acquired producing oil and gas assets in Saskatchewan, Canada, which are cash flow positive and located in a prolific heavy oil region. This acquisition is expected to enhance the company's operational capabilities and financial performance. The acquisition of cash flow positive assets in a prolific region is likely to significantly impact future performance and investor sentiment.

5 Mar

4 GlobeNewswire, 8:30 AM
Trio Petroleum Corp. has extended its option period to acquire a remaining 17.75% working interest in the Asphalt Ridge Project to April 10, 2025. The company also extended its non-binding Letter of Intent to acquire Novacor Exploration Ltd.'s oil and gas assets in Saskatchewan to March 15, 2025. Trio currently holds a 2.25% working interest in Asphalt Ridge and aims to increase its stake, while the Novacor assets offer potential for expansion in a promising heavy oil basin. Current production from Novacor's wells is approximately 70 barrels per day, with opportunities for additional production. The extensions for both the Asphalt Ridge Project and Novacor assets indicate significant strategic moves that could enhance Trio's market position and production capabilities.

16 Jan

4 , 8:30 AM
Trio Petroleum Corp. has successfully retired its remaining outstanding convertible investments, marking a significant step in its financial strategy. This move is expected to enhance the company's balance sheet and reduce potential dilution of shares, thereby improving investor confidence and positioning the company for future growth. Retiring convertible investments significantly strengthens the company's financial position and reduces share dilution risks.

19 Dec

4 , 8:30 AM
Trio Petroleum Corp. (TPET) to acquire producing oil and gas assets in Saskatchewan Canada. The acquisition of producing oil and gas assets in a prolific heavy oil region of Saskatchewan Canada is a significant strategic move that could alter Trio Petroleum Corp.'s trajectory and investor sentiment.

4 Dec

3 , 8:30 AM
Trio Petroleum Corp. provides operational update on McCool Ranch. The update may moderately influence Trio Petroleum Corp.'s operations and competitive positioning.

23 Oct

4 GlobeNewswire, 8:30 AM
James Blake appointed to Trio Petroleum Corp.'s Board of Directors, bringing financial and strategic expertise. Appointment of James Blake is expected to have a significant impact on Trio Petroleum Corp.'s future and market performance.

15 Oct

4 GlobeNewswire, 8:30 AM
Trio Petroleum Corp provides operational update on its oil and gas assets, detailing plans to increase production at McCool Ranch Field, Presidents Field, and Asphalt Ridge. The operational updates provided by Trio Petroleum Corp are expected to have a significant impact on the company's future production and market performance.

10 Oct

4 GlobeNewswire, 8:30 AM
Trio Petroleum Corp extends option period to acquire remaining 17.75% working interest in Asphalt Ridge Project until December 10, 2024. The potential acquisition of additional working interest in a large tar-sand deposit could significantly impact Trio Petroleum Corp's future operations and market performance.

12 Sep

4 GlobeNewswire, 8:30 AM
Trio Petroleum Corp confirms first oil production at Asphalt Ridge's well HSO 2-4 in Uintah County, Utah, with plans for additional wells and potential green diesel production. The article describes significant developments in oil production, potential green diesel production, and future drilling plans that could have a major impact on Trio Petroleum Corp's future performance.

3 Sep

4 GlobeNewswire, 8:30 AM
Trio Petroleum Corp. reports notable increases in estimated oil and gas reserves at its South Salinas Project in California, with a $67 million increase in discounted net cash flow to $475 million. The significant increase in estimated reserves and net cash flow is expected to have a major impact on Trio Petroleum Corp.'s future performance and market positioning.

© 2016–2026 stockrow.com Terms and Conditions Indicators Contact Us