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TPET Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
1.340
Open
1.250
VWAP
1.15
Vol
50.91M
Mkt Cap
35.44M
Low
1.000
Amount
58.55M
EV/EBITDA(TTM)
--
Total Shares
31.93M
EV
35.03M
EV/OCF(TTM)
--
P/S(TTM)
25.39
Trio Petroleum Corp. is an oil and gas exploration and development company in California, Saskatchewan, Alberta and Utah. Its projects include South Salinas, Asphalt Ridge and McCool Ranch. In Monterey County, Trio owns an approximately 85.75% working interest in 9,300 acres at the Presidents and Humpback oilfields in the South Salinas Project, and an approximately 22% working interest in 800 acres in the McCool Ranch Field. It is developing the Asphalt Ridge project, one of the Heavy Oil and Tar Sand accumulations in North America. In the Asphalt Ridge project, the Company holds an approximately 2.25% working interest of 960 acres. Asphalt Ridge is a northwest-southeast trending topographic feature that crops-out along the northeast flank of the Uintah Basin. Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company. It owns a mineral lease covering a quarter section located at NW 7-50-1W4 in Alberta.
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Events Timeline

(ET)
2026-03-18
08:30:00
Trio Petroleum Raises $19 Million in Funding
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2026-02-18 (ET)
2026-02-18
08:10:00
Trio Petroleum Completes $1.2M Convertible Note Conversion
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2026-02-05 (ET)
2026-02-05
08:10:00
Trio Petroleum Begins Oil Production in Alberta
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2026-01-05 (ET)
2026-01-05
08:30:00
Trio Petroleum Acquires Heavy Oil Assets from NovaCor for $1 Million CAD
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2025-11-04 (ET)
2025-11-04
08:27:12
Trio Petroleum secures cash flow positive production assets in Alberta
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2025-10-09 (ET)
2025-10-09
08:20:17
Trio Petroleum Reveals AER Approval for Trio
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2025-08-07 (ET)
2025-08-07
09:01:24
Trio Petroleum plans to increase production, cash flows in Q4
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2025-05-23 (ET)
2025-05-23
17:15:00
Trio Petroleum suspends operations at McCool Ranch
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2025-05-22 (ET)
2025-05-22
08:03:35
Trio Petroleum completes acquisition of oil, gas assets in Saskatchewan, Canada
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2025-05-20 (ET)
2025-05-20
08:34:57
Trio Petroleum enters into LOI to acquire 2000 acres in P.R. Spring Utah
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News

Yahoo Finance
8.5
03-18Yahoo Finance
PinnedTrio Petroleum Corp Raises $19 Million in ATM Program
  • Successful Fundraising: Trio Petroleum Corp has raised $19,017,527 in gross proceeds under its ATM program, resulting in net cash proceeds of $18,446,993 after commissions, providing crucial funding for the company's expansion plans.
  • Expansion Strategy: CEO Robin Ross stated that this capital will accelerate expansion efforts in Canada and the U.S., focusing on acquiring larger, higher-impact oil and gas projects in the 500 to 1,000 barrels per day range, enhancing the company's market competitiveness.
  • Market Outlook: While oil prices are expected to remain volatile, the upward trend in global energy demand strongly supports Trio's production and cash flow growth, with management expressing optimism about future growth prospects.
  • Stock Sale Performance: To date, the company has sold 19,202,455 shares of common stock through the ATM program, generating total gross proceeds of $19,017,527, indicating strong market demand for its shares.
stocktwits
4.5
10:10 AMstocktwits
Escalating Middle East Tensions Drive Oil and Gas Prices Higher
  • Oil and Gas Surge: Brent crude prices soared to $115 per barrel amid escalating tensions in the Middle East, with energy stocks like Battalion Oil and Trio Petroleum rising over 7%, indicating market concerns over supply disruptions.
  • LNG Stock Rally: U.S. LNG stocks such as NEXT and VG increased by 4%, reflecting investor reactions to attacks on Middle Eastern energy assets, which are expected to impact global supply chains.
  • Investor Sentiment Weakens: Despite strong results from Micron Technology, the stock fell 5% in early pre-market trading due to concerns over capital expenditures, highlighting cautious investor sentiment in the semiconductor sector.
  • Economic Data Watch: Investors will closely monitor the latest jobless claims, Philadelphia Fed Manufacturing Index, and new home sales data, which are expected to provide crucial insights into market direction.
stocktwits
4.5
09:10 AMstocktwits
Middle East Tensions Drive Oil Prices Surge
  • Oil Price Surge: Brent crude jumped to over $115 per barrel, with WTI hovering near $97 and European natural gas prices soaring by 35%, indicating strong market reactions to escalating tensions in the Middle East that could exacerbate global supply shocks.
  • Escalating Military Threats: Saudi Arabia warned of potential military retaliation while Iran vowed further strikes on oil and gas infrastructure, disrupting shipping through the Strait of Hormuz and cutting regional output, pushing oil prices up about 50% since the conflict began.
  • Increasing Supply Tightness: Analysts warned of “acute tightness” in the market, with WTI trading below $100 and the Brent-WTI spread widening to around $16.5, reflecting regional dislocations and speculation about potential U.S. export bans to curb domestic fuel prices.
  • Diverging Market Sentiment: Despite rising oil prices, short interest in U.S. oil funds surged by about 50%, indicating traders are betting against rising prices, which could lead to extreme volatility, highlighting concerns over actual supply shortages in the market.
stocktwits
7.5
03-18stocktwits
Iraq Resumes Oil Exports via Turkey, Easing Supply Fears
  • Supply Concerns Eased: Iraq's agreement with Kurdistan to resume oil exports via a pipeline to Turkey alleviates immediate supply fears regarding the Strait of Hormuz, although U.S. military actions and Iranian retaliation threats continue to cloud market outlooks, increasing uncertainty.
  • Oil Price Forecast: Analysts predict that despite a recent pullback, Brent crude prices are likely to remain above $100 per barrel due to ongoing geopolitical tensions between the U.S. and Iran and continued constraints on flows through the Strait of Hormuz, raising the risk of longer-lasting supply shortages.
  • Inflationary Pressures Rising: U.S. diesel prices have surged past $5 per gallon, increasing transportation and supply chain costs, which central banks are likely to monitor closely, especially with an interest rate decision meeting approaching, where no immediate changes are expected.
  • Market Sentiment Shifts: On Stocktwits, retail sentiment for USO and INDO is bullish, while BATL and TPET show bearish sentiment; EONR stands out with extremely bullish sentiment, indicating varied investor perspectives on different oil stocks amidst the current market volatility.
stocktwits
4.0
03-17stocktwits
Surge in Oil Prices Raises Recession Concerns
  • Oil Price Surge: Brent crude prices surpassed $103 and WTI approached $97, primarily due to Iranian attacks on energy infrastructure and shipping bottlenecks in the Strait of Hormuz, tightening global supply and exacerbating inflation risks, potentially delaying Federal Reserve rate cuts.
  • Inflation Risks Intensify: Analysts noted that the oil price spike directly impacts the macroeconomic narrative, with StoneX stating that the surge reinforces a 'higher for longer' outlook for the Fed, which could keep the dollar strong as markets reassess the Fed's policy trajectory.
  • Rising Recession Odds: Moody's economist Mark Zandi warned that the surge in oil prices could push the economy closer to a downturn, with recession probabilities nearing 49%, and if oil remains elevated, consumers will quickly feel the impact of higher energy costs, making recession difficult to avoid.
  • Mixed Market Reactions: Despite rising oil prices, many energy stocks traded lower before the bell on Tuesday, with Trio Petroleum down nearly 1%, while the United States Oil Fund (USO) bucked the trend, jumping over 5%, indicating a complex market response to oil price volatility.
stocktwits
4.5
03-16stocktwits
Oil Prices Surge Amid Iran Tensions
  • Oil Price Surge: Following U.S. strikes on Iran's Kharg Island, Brent crude prices jumped nearly 2% to $105.15 per barrel, while WTI rose 1.6% to $100.32 per barrel, indicating heightened market sensitivity to Middle Eastern tensions and potential supply disruptions.
  • Hedge Fund Bullishness: As of March 10, hedge fund long positions in Brent crude futures surged by 65,438 contracts to a total of 351,032, marking the highest level since February 2020, which reflects a significant increase in institutional investor optimism towards the oil market.
  • Fuel Spending Surge: GasBuddy analysts reported that Americans are spending $300 million more on gasoline than a month ago, with the national average gasoline price at $3.68 per gallon, illustrating the direct impact of rising oil prices on consumer spending.
  • Strong Market Sentiment: On Stocktwits, retail sentiment for USO and EONR was deemed 'extremely bullish', while INDO was 'bullish', indicating strong investor confidence in the upward trajectory of oil prices and reflecting optimistic expectations for future market conditions.

Valuation Metrics

The current forward P/E ratio for Trio Petroleum Corp (TPET.A) is 0.00, compared to its 5-year average forward P/E of 0.00. For a more detailed relative valuation and DCF analysis to assess Trio Petroleum Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.00
Current PE
0.00
Overvalued PE
0.00
Undervalued PE
0.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

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Frequently Asked Questions

What is Trio Petroleum Corp (TPET) stock price today?

The current price of TPET is 1.11 USD — it has increased 5.71

What is Trio Petroleum Corp (TPET)'s business?

Trio Petroleum Corp. is an oil and gas exploration and development company in California, Saskatchewan, Alberta and Utah. Its projects include South Salinas, Asphalt Ridge and McCool Ranch. In Monterey County, Trio owns an approximately 85.75% working interest in 9,300 acres at the Presidents and Humpback oilfields in the South Salinas Project, and an approximately 22% working interest in 800 acres in the McCool Ranch Field. It is developing the Asphalt Ridge project, one of the Heavy Oil and Tar Sand accumulations in North America. In the Asphalt Ridge project, the Company holds an approximately 2.25% working interest of 960 acres. Asphalt Ridge is a northwest-southeast trending topographic feature that crops-out along the northeast flank of the Uintah Basin. Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company. It owns a mineral lease covering a quarter section located at NW 7-50-1W4 in Alberta.

What is the price predicton of TPET Stock?

Wall Street analysts forecast TPET stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPET is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Trio Petroleum Corp (TPET)'s revenue for the last quarter?

Trio Petroleum Corp revenue for the last quarter amounts to 172.25K USD, increased 123.04

What is Trio Petroleum Corp (TPET)'s earnings per share (EPS) for the last quarter?

Trio Petroleum Corp. EPS for the last quarter amounts to -0.16 USD, decreased -74.60

How many employees does Trio Petroleum Corp (TPET). have?

Trio Petroleum Corp (TPET) has 1 emplpoyees as of March 19 2026.

What is Trio Petroleum Corp (TPET) market cap?

Today TPET has the market capitalization of 35.44M USD.