Saturday 17 October 2026
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Trio Petroleum Corp.
TPET Energy Oil & Gas E&P
Trio Petroleum Corp.’s revenue for fiscal 2025 (year ended October 2025) was $398,700.00, up 87.0% from fiscal 2024. In the quarter to July 2026, revenue grew 81.2%, EPS grew 74.5% and free cash flow grew 59.5%, each against the same quarter a year earlier.
1.57
0.10
+6.80%
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Analyst price targets
Free accountTen years at a glance Fiscal years to October
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | 46.98 | 7.11 | 6.35 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | 540.00 | 129.60 | 29.25 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 7 | 1 | 1 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.21 | 0.40 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | — | 0 | 0 | ||||
| Gross margin, % | — | — | — | — | — | 0.00 | 0.00 | — | 100.00 | 55.93 | |||||
| EBT | — | — | — | — | 0 | 0 | (4) | (7) | (10) | (7) | |||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (4,515.38) | (1,826.46) | |||||
| Net income | — | — | — | — | 0 | 0 | (4) | (7) | (10) | (7) | |||||
| Depreciation | — | — | — | — | — | 0 | 1 | 0 | 2 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.86 | 0.39 | ||||
| Earnings | — | — | — | — | — | (3.63) | (46.23) | (50.40) | (38.88) | (7.20) | |||||
| Cash flow | — | — | — | — | — | (9.21) | (6.11) | (31.49) | (15.53) | (2.57) | |||||
| Capex | — | — | — | — | — | (10.68) | 0.00 | (32.07) | (4.74) | (0.87) | |||||
| Free cash flow | — | — | — | — | — | (19.89) | (6.11) | (63.56) | (20.27) | (3.44) | |||||
| Book value | — | — | — | — | 0.00 | 144.15 | 33.13 | 76.00 | 36.56 | 11.16 | |||||
| Shares, m | — | — | — | — | — | 0 | 0 | 0 | 0 | 1 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | — | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | — | — | — | 0.00 | 23.55 | |||||
| P/B | — | — | — | — | — | — | — | — | 0.63 | 0.83 | |||||
| EV/Sales | — | — | — | — | — | — | — | — | 0.00 | 21.34 | |||||
| EV/FCF | — | — | — | — | — | — | — | — | (1.08) | (2.15) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | 0 | (1) | (4) | (4) | (3) | ||||
| Capex | — | — | — | — | — | 0 | — | (4) | (1) | (1) | |||||
| Free cash flow | — | — | — | — | — | (1) | (1) | (8) | (5) | (3) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (3) | (3) | (5) | 0 | (2) | (1) | ||||
| Total debt | — | — | — | — | — | 4 | 5 | — | — | — | |||||
| Net debt | — | — | — | — | 0 | 0 | 0 | (2) | 0 | (1) | |||||
| Shareholders’ equity | — | — | — | — | 4 | 4 | 3 | 10 | 9 | 11 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | (1.31) | (44.03) | (61.94) | (82.54) | (58.49) | ||||
| ROIC | — | — | — | — | (0.39) | (1.00) | (19.01) | (35.25) | (44.38) | (31.62) | |||||
| ROE | — | — | — | — | 0.00 | (5.17) | (112.21) | (104.99) | (102.49) | (71.58) | |||||
Negative figures in brackets.
Fiscal years to Oct 2025 · latest quarter Jul 2026
Charts ten years each
Trio Petroleum Corp. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PROP Prairie Operating Co. | $40.5M | — (loss-making) | — (loss-making) | +45.17% (above 0%: growing) | +25.65% (above 0%: growing) | −5,603.85% (below 0%: shrinking) | 100.00% | 45.88% | Compare |
| INDO Indonesia Energy Corporation Limited | $40.2M | — (loss-making) | 12.3× | +20.70% (above 0%: growing) | −328.57% (below 0%: shrinking) | −67.13% (below 0%: shrinking) | (20.82%) | 0.00% | Compare |
| EONR EON Resources Inc. | $24.0M | — (loss-making) | — (loss-making) | −78.51% (below 0%: shrinking) | n/m | +52.64% (above 0%: growing) | 100.00% | (640.70%) | Compare |
| CKX CKX Lands, Inc. | $22.6M | 7.4× | 54.5× | +23.84% (above 0%: growing) | −25.00% (below 0%: shrinking) | −223.55% (below 0%: shrinking) | 98.46% | 13.73% | Compare |
| PRT PermRock Royalty Trust | $21.1M | 14.0× | 7.5× | −54.84% (below 0%: shrinking) | n/m | — | 100.00% | (105.30%) | Compare |
| MXC Mexco Energy Corporation | $19.9M | 13.0× | — (loss-making) | +12.88% (above 0%: growing) | +100.00% (above 0%: growing) | −229.32% (below 0%: shrinking) | 79.28% | 28.61% | Compare |
| BRN Barnwell Industries, Inc. | $13.0M | — (loss-making) | — (loss-making) | +5.86% (above 0%: growing) | n/m | −11.90% (below 0%: shrinking) | 39.69% | (18.17%) | Compare |
| TPET Trio Petroleum Corp. | $7.8M | — (loss-making) | — | +81.19% (above 0%: growing) | n/m | +59.54% (above 0%: growing) | 31.04% | (605.48%) | |
| MTR Mesa Royalty Trust | $3.8M | 10.3× | 11.1× | −29.83% (below 0%: shrinking) | −36.36% (below 0%: shrinking) | 0.00% | 100.00% | 95.68% | Compare |
| Median of peers | $21.8M | 11.6× | 11.7× | +9.37% | −25.00% | −67.13% | 99.23% | 6.87% |
Trio Petroleum Corp. (TPET) key facts
- Strength: Trio Petroleum Corp.’s revenue for fiscal 2025 (year ended October 2025) was $398,700.00, up 87.0% from fiscal 2024.
- Trio Petroleum Corp. (TPET) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
- As of October 16, 2026, TPET traded at $1.57, a market capitalization of $7.8 million.
- Return on equity was −71.6% and debt-to-equity 0.00.
- Its Altman Z-score is −1.31 (distress zone) for fiscal 2025.