TPET stock is currently trading at $2.26, reflecting a bullish sentiment driven by its recent acquisition of oil and gas assets in Saskatchewan, Canada. This acquisition, valued at $1.4 million, is expected to double production capacity through cost-effective re-entry and reactivation of wells, enhancing future cash flow. Investors are optimistic about the company's strategic expansion in a lucrative oil region, which has fueled the stock's significant upward momentum.