Trio Petroleum Corp. (TPET) Stock
Trio Petroleum stock price chart
TPET stock quote & key statistics
Trio Petroleum annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $398,734 | -$7.3M | -$0.88 |
| FY2024 | $213,204 | -$9.6M | -$40.08 |
| FY2023 | $0 | -$6.5M | -$37.15 |
| FY2022 | $0 | -$3.8M | -$0.04 |
Fiscal year ending October 31. Source: company filings via EODHD.
About Trio Petroleum Corp.
Trio Petroleum Corp. is an active player in the oil and gas sector, focusing on exploration and development activities. Headquartered in Bakersfield, California, the company was established in 2021. Trio holds an 85.75% working interest in the South Salinas project, spanning around 9,300 acres in Monterey, California. Additionally, the company has secured an option to potentially acquire a 100% working interest in the Union Avenue Field situated in Bakersfield, California, further bolstering its strategic portfolio.
Specializing in oil and gas exploration, Trio Petroleum Corp. leverages its significant ownership stake in the South Salinas project to drive growth and expansion within the sector. This project, located in Monterey, California, represents a cornerstone asset for the company, underpinning its commitment to sustainable resource development. With a keen focus on operational efficiency and strategic acquisitions, Trio aims to capitalize on emerging opportunities in the dynamic energy market.
With roots firmly planted in Bakersfield, California, Trio Petroleum Corp. is poised to enhance its footprint in the oil and gas industry through prudent investment and strategic partnerships. The company's proactive approach to exploration and development underscores its commitment to maximizing shareholder value while adhering to rigorous environmental and regulatory standards. Trio continues to pursue avenues for growth, positioning itself as a key player in the evolving energy landscape.
Trio Petroleum stock FAQ
What is the Trio Petroleum stock ticker symbol?
Trio Petroleum Corp. trades on the NYSE American under the ticker symbol TPET.
What sector and industry is Trio Petroleum in?
Trio Petroleum Corp. is classified in the Energy sector, Oil & Gas E&P industry.
How many employees does Trio Petroleum have?
Trio Petroleum Corp. has about 1 full-time employees.
What were Trio Petroleum's revenue and earnings last fiscal year?
Trio Petroleum reported revenue of $398,734 and net income of -$7.3M in fiscal 2025, with earnings per share of -$0.88. Revenue grew 87.0% from the prior year.
When did Trio Petroleum go public?
Trio Petroleum stock began trading on April 18, 2023.
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