TPET logo

Trio Petroleum NYSEAM:TPET Stock Report

Last Price

US$0.23

Market Cap

US$9.0m

7D

-14.2%

1Y

-84.6%

Updated

03 Jun, 2024

Data

Company Financials

Trio Petroleum Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Trio Petroleum
Historical stock prices
Current Share PriceUS$0.23
52 Week HighUS$1.97
52 Week LowUS$0.08
Beta0
1 Month Change-39.57%
3 Month Change126.45%
1 Year Change-84.63%
3 Year Changen/a
5 Year Changen/a
Change since IPO-90.04%

Recent News & Updates

Recent updates

Shareholder Returns

TPETUS Oil and GasUS Market
7D-14.2%1.9%-0.6%
1Y-84.6%18.0%22.5%

Return vs Industry: TPET underperformed the US Oil and Gas industry which returned 18% over the past year.

Return vs Market: TPET underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is TPET's price volatile compared to industry and market?
TPET volatility
TPET Average Weekly Movement45.6%
Oil and Gas Industry Average Movement4.6%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: TPET's share price has been volatile over the past 3 months.

Volatility Over Time: TPET's weekly volatility has increased from 30% to 46% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20217Mike Petersontrio-petroleum.com

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. Fundamentals Summary

How do Trio Petroleum's earnings and revenue compare to its market cap?
TPET fundamental statistics
Market capUS$9.03m
Earnings (TTM)-US$7.43m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPET income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$7.43m
Earnings-US$7.43m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio14.1%

How did TPET perform over the long term?

See historical performance and comparison
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