TPET Stock Overview
Operates as an oil and gas exploration and development company. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Trio Petroleum Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.39 |
| 52 Week High | US$14.39 |
| 52 Week Low | US$1.32 |
| Beta | 0 |
| 11 Month Change | -55.13% |
| 3 Month Change | -71.82% |
| 1 Year Change | -77.93% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -96.94% |
Recent News & Updates
Recent updates
Shareholder Returns
| TPET | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -28.5% | 0.4% | -2.1% |
| 1Y | -77.9% | 13.9% | 29.6% |
Return vs Industry: TPET underperformed the US Oil and Gas industry which returned 13.9% over the past year.
Return vs Market: TPET underperformed the US Market which returned 29.6% over the past year.
Price Volatility
| TPET volatility | |
|---|---|
| TPET Average Weekly Movement | 14.1% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: TPET's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: TPET's weekly volatility has decreased from 29% to 14% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | 7 | Robin Ross | trio-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
| TPET fundamental statistics | |
|---|---|
| Market cap | US$4.00m |
| Earnings (TTM) | -US$9.25m |
| Revenue (TTM) | US$135.98k |
25.9x
P/S Ratio-0.4x
P/E RatioIs TPET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TPET income statement (TTM) | |
|---|---|
| Revenue | US$135.98k |
| Cost of Revenue | US$0 |
| Gross Profit | US$135.98k |
| Other Expenses | US$9.38m |
| Earnings | -US$9.25m |
Last Reported Earnings
Jul 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.66 |
| Gross Margin | 100.00% |
| Net Profit Margin | -6,799.88% |
| Debt/Equity Ratio | 19.5% |
How did TPET perform over the long term?
See historical performance and comparison