TPET Stock Price, Trio Petroleum . Common Stock Quote, Chart

Market Summary

USD0.27-0.01

Market Closed

-3.57%

TPET Stock Price

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TPET RSI Chart

TPET Valuation

Market Cap

10.0M

Price/Earnings (Trailing)

-1.34

EV/EBITDA

-1.22

Price/Free Cashflow

-2.17

MarketCap/EBT

-1.34

TPET Price/Earnings (Trailing)

TPET Profitability

Return on Equity

-82.17%

Return on Assets

-65.53%

Free Cashflow Yield

-46.09%

TPET Fundamentals

TPET Earnings

Earnings (TTM)

-7.4M

Earnings Growth (Yr)

-108%

Earnings Growth (Qtr)

-28.98%

Breaking Down TPET Revenue

Last 7 days

-25%

Last 30 days

-20.6%

Last 90 days

107.7%

Trailing 12 Months

-84.0%

How does TPET drawdown profile look like?

TPET Financial Health

Current Ratio

0.25

TPET Investor Care

Shares Dilution (1Y)

115.13%

Diluted EPS (TTM)

-0.28

Tracking the Latest Insider Buys and Sells of Trio Petroleum Corp. Common Stock

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	pernice thomas j	sold	-3,302	0.3302	-10,000	-
Feb 09, 2024	randall john w.	sold	-7,998	0.1333	-60,000	-
Feb 01, 2024	ingriselli frank c	sold	-33,774	0.246	-137,296	-
Jan 31, 2024	ingriselli frank c	sold	-87,087	0.169859	-512,704	-
Jan 18, 2024	ingriselli frank c	gifted	-	-	-210,000	-
Oct 23, 2023	peterson michael l	acquired	-	-	1,000,000	chief executive officer
Sep 01, 2023	pernice thomas j	acquired	-	-	100,000	-
Sep 01, 2023	peterson michael l	acquired	-	-	125,000	-
Sep 01, 2023	william john hunter	acquired	-	-	100,000	-
Sep 01, 2023	randall john w.	acquired	-	-	100,000	-

Which funds bought or sold TPET recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	1,737	1,737	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	23,259	23,259	-%
May 15, 2024	Royal Bank of Canada	added	200	-	-	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	sold off	-100	-7,345	-	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	added	161	-4,709	11,872	-%
May 13, 2024	HRT FINANCIAL LP	new	-	3,000	3,000	-%
May 13, 2024	UBS Group AG	sold off	-100	-564	-	-%
May 13, 2024	XTX Topco Ltd	new	-	1,076	1,076	-%
May 10, 2024	BlackRock Inc.	reduced	-2.55	-3,058	1,115	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%

Are Funds Buying or Selling TPET?

Are funds buying TPET calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TPET

No. of Funds

Recent SEC filings of Trio Petroleum Corp. Common Stock

View All Filings

Date Filed	Form Type	Document
May 14, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 02, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 08, 2024	8-K	Current Report
Apr 08, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report

Peers (Alternatives to Trio Petroleum Corp. Common Stock)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	471.7B	341.1B	0.85%	13.11%	14.38	1.38	-16.75%	-46.83%
CVX	300.5B	198.9B	4.03%	5.64%	14.81	1.51	-18.05%	-43.28%
OXY	56.3B	27.7B	-3.83%	8.93%	13.02	2.03	-22.75%	-55.41%
MRO	14.8B	6.6B	-5.31%	13.71%	10.31	2.23	-15.57%	-47.38%
CHK	12.0B	6.4B	5.21%	11.50%	11.38	1.87	-54.63%	-85.10%
MID-CAP
RRC	9.2B	2.2B	8.87%	28.18%	19.03	4.18	-62.59%	-77.29%
HP	3.8B	2.7B	-5.78%	17.60%	10.77	1.38	2.93%	8.77%
CNX	3.7B	2.5B	1.93%	51.75%	3.66	1.46	-6.59%	-31.79%
KOS	2.8B	1.7B	-2.31%	-5.73%	12.58	1.62	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	249.2M	304.0M	-7.64%	-11.90%	8.14	0.82	-28.78%	-93.34%
AMTX	170.5M	257.2M	1.32%	57.38%	-3.85	0.66	7.59%	61.82%
BATL	94.5M	205.5M	5.90%	5.71%	-1.66	0.46	-40.02%	-142.55%
AE	70.6M	2.8B	-3.81%	-20.17%	41.23	0.03	-15.01%	137.22%
BRN	26.1M	24.4M	-6.81%	2.77%	-8.02	1.07	-16.16%	-245.04%

Trio Petroleum Corp. Common Stock News

Latest updates

Trio Petroleum Corp. Common Stock Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet							(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2021Q4
Assets	-2.6%	11,336	11,643	11,171	11,010	10,250	9,489	7,774
Current Assets	-71.9%	476	1,695	1,630	2,304	-	1,753	290
Cash Equivalents	-77.7%	349	1,562	1,506	2,188	113	74.00	79.00
Liabilities	20.9%	2,296	1,900	874	1,222	3,994	6,766	3,724
Current Liabilities	4.1%	1,927	1,851	823	1,171	-	6,711	3,681
Shareholder's Equity	-7.2%	9,040	9,743	10,297	9,788	2,318	2,723	4,051
Retained Earnings	-16.3%	-12,148	-10,446	-9,127	-6,956	-	-3,902	-102
Additional Paid-In Capital	4.9%	21,196	20,197	19,431	16,753	-	6,634	4,202
Shares Outstanding	4.2%	32,350	31,047	29,622	24,799	17,158	16,973	10,983

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)									(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2021Q4
Cashflow From Operations	48.2%	-774	-1,494	-1,741	-583	-217	-77.09	-126	-39.74	-258
Share Based Compensation	-19.2%	408	505	786	39.00	41.00	-	-	-	-
Cashflow From Investing	-35.5%	-522	-385	-833	-970	-	-	-	-	-300
Cashflow From Financing	-95.7%	84.00	1,936	1,893	3,630	256	109	-81.80	-168	638

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TPET Income Statement

2024-01-31

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Income Statement [Abstract]
Revenue
Operating Expenses:
Exploration expense	84,594
General and administrative expenses	947,268	124,256
Stock-based compensation expense	407,618	40,757
Accretion expense	695	695
Total Operating Expenses	1,440,175	165,708
Loss From Operations	(1,440,175)	(165,708)
Other Expenses:
Interest expense	159,298	652,573
Loss on note conversion	92,153
Licenses and fees	10,422
Total other expenses	261,873	652,573
Loss before income taxes	(1,702,048)	(818,281)
Provision for income taxes
Net loss	$ (1,702,048)	$ (818,281)
Basic and Diluted Net Loss per Common Share
Basic	$ (0.05)	$ (0.05)
Diluted	$ (0.05)	$ (0.05)
Weighted Average Number of Common Shares
Basic	31,604,203	17,157,583
Diluted	31,604,203	17,157,583

TPET Balance Sheet

2024-01-31

Condensed Balance Sheets - USD ($)	Jan. 31, 2024	Oct. 31, 2023
Current assets:
Cash and cash equivalents	$ 348,748	$ 1,561,924
Prepaid expenses and other receivables	127,120	133,417
Total current assets	475,868	1,695,341
Oil and gas properties - not subject to amortization	10,860,253	9,947,742
Total assets	11,336,121	11,643,083
Current liabilities:
Accounts payable and accrued liabilities	561,687	609,360
Asset retirement obligations – current	2,778	2,778
Convertible note, net of discounts	1,270,927	1,217,597
Total current liabilities	1,926,787	1,851,386
Long-term liabilities:
Payable to related party	320,000
Asset retirement obligations, net of current portion	49,008	48,313
Total Long-term liabilities	369,008	48,313
Total liabilities	2,295,795	1,899,699
Stockholders’ Equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; -0- shares issued and outstanding at January 31, 2024 and October 31, 2023, respectively
Common stock, $0.0001 par value; 490,000,000 shares authorized; 32,350,090 and 31,046,516 shares issued and outstanding as of January 31, 2024 and October 31, 2023, respectively	3,235	3,105
Stock subscription receivable	(10,010)	(10,010)
Additional paid-in capital	21,196,031	20,197,171
Accumulated deficit	(12,148,930)	(10,446,882)
Total stockholders’ equity	9,040,326	9,743,384
Total liabilities and stockholders’ equity	11,336,121	11,643,083
Operators [Member]
Current liabilities:
Due to operators	$ 91,395	$ 21,651

About Trio Petroleum Corp. Common Stock

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company owns an 85.75% working interest in the approximately 9,267-acre South Salinas project located in Monterey County, California. It also holds an option to acquire a 100% working interest in the Union Avenue Field located in Bakersfield, California. The company was incorporated in 2021 and is headquartered in Bakersfield, California.

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CEO	Mr. Frank C. Ingriselli
WEBSITE	https://trio-petroleum.com
INDUSTRY	Oil - E&P

Trio Petroleum Corp. Common Stock Frequently Asked Questions

What is the ticker symbol for Trio Petroleum Corp. Common Stock? What does TPET stand for in stocks?

TPET is the stock ticker symbol of Trio Petroleum Corp. Common Stock. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trio Petroleum Corp. Common Stock (TPET)?

As of Fri May 17 2024, market cap of Trio Petroleum Corp. Common Stock is 9.97 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TPET stock?

You can check TPET's fair value in chart for subscribers.

What is the fair value of TPET stock?

You can check TPET's fair value in chart for subscribers. The fair value of Trio Petroleum Corp. Common Stock is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trio Petroleum Corp. Common Stock is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TPET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trio Petroleum Corp. Common Stock a good stock to buy?

The fair value guage provides a quick view whether TPET is over valued or under valued. Whether Trio Petroleum Corp. Common Stock is cheap or expensive depends on the assumptions which impact Trio Petroleum Corp. Common Stock's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TPET.