Symbols / TPET $0.69 -7.02% Trio Petroleum Corp.

Energy • Oil & Gas E&P • United States • ASE
TPET Chart
About

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas E&P Market Cap 21.97M
Enterprise Value 23.11M Income -6.68M Sales 510.11K
Book/sh 0.95 Cash/sh 0.02 Dividend Yield —
Payout 0.00% Employees 1 IPO —
P/E — Forward P/E — PEG —
P/S 43.06 P/B 0.72 P/C —
EV/EBITDA -4.76 EV/Sales 45.30 Quick Ratio 0.40
Current Ratio 0.50 Debt/Eq 1.38 LT Debt/Eq —
EPS (ttm) -0.57 EPS next Y — EPS Growth —
Revenue Growth 10.29% Earnings — ROA -24.98%
ROE -55.93% ROIC — Gross Margin 52.14%
Oper. Margin -6.58% Profit Margin 0.00% Shs Outstand 31.93M
Shs Float 29.30M Short Float 36.82% Short Ratio 0.08
Short Interest — 52W High 2.50 52W Low 0.35
Beta -5.34 Avg Volume 36.21M Volume 6.44M
Target Price — Recom None Prev Close $0.74
Price $0.69 Change -7.02%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.68
Latest analyst target
3. DCF / Fair value
$-0.49
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.68
Low
—
High
—
Mean
—
News
RSS: Latest TPET news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-12 PERNICE THOMAS J Director — 42,750 $1.05 $62,888
2026-03-11 ROSS ROBIN A Chief Executive Officer — 25,000 $1.48 $37,000
2026-02-12 PERNICE THOMAS J Director — 25,000 $0.43 $10,648
2026-02-11 ROSS ROBIN A Chief Executive Officer — 25,000 $0.48 $11,925
2026-02-02 RANDALL JOHN W Director — 20,000 $0.64 $12,782
2026-01-14 ROSS ROBIN A Chief Executive Officer — 37,500 $0.89 $33,352
2026-01-08 PERNICE THOMAS J Director — 25,000 $0.88 $21,875
2025-10-20 RANDALL JOHN W Director — 3,500 $1.05 $3,675
2025-08-01 PERNICE THOMAS J Director — 250,000 $0.00 $0
2025-08-01 OVERHOLTZER GREGORY L Chief Financial Officer — 62,500 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Total Revenue
0.40
+87.02%
0.21
0.00
0.00
Operating Revenue
0.40
+87.02%
0.21
0.00
0.00
Cost Of Revenue
0.18
0.00
—
—
Reconciled Cost Of Revenue
0.18
0.00
—
—
Gross Profit
0.22
+4.60%
0.21
—
—
Operating Expense
5.50
-14.55%
6.43
+39.36%
4.61
+472.51%
0.81
Selling General And Administration
5.45
-12.86%
6.25
+43.36%
4.36
+462.89%
0.77
General And Administrative Expense
5.45
-12.86%
6.25
+43.36%
4.36
+462.89%
0.77
Salaries And Wages
2.63
+71.31%
1.53
+46.96%
1.04
+16737.49%
0.01
Other Gand A
2.82
-40.25%
4.72
+42.23%
3.32
+331.53%
0.77
Other Operating Expenses
0.05
-73.16%
0.18
-29.20%
0.25
+709.36%
0.03
Total Expenses
5.67
-11.82%
6.43
+39.36%
4.61
+472.51%
0.81
Operating Income
-5.27
+15.21%
-6.22
-34.74%
-4.61
-472.51%
-0.81
Total Operating Income As Reported
-5.27
+15.21%
-6.22
-34.74%
-4.61
-472.51%
-0.81
EBITDA
-6.68
+11.08%
-7.51
-30.52%
-5.75
-169.01%
-2.14
Normalized EBITDA
-5.98
+20.30%
-7.51
-30.82%
-5.74
-168.40%
-2.14
EBIT
-6.68
+11.08%
-7.51
-30.52%
-5.75
-169.01%
-2.14
Total Unusual Items
-0.69
0.00
+100.00%
-0.01
0.00
Total Unusual Items Excluding Goodwill
-0.69
0.00
+100.00%
-0.01
0.00
Special Income Charges
-0.70
0.00
+100.00%
-0.01
0.00
Other Special Charges
0.09
—
0.01
-99.01%
1.32
Net Income
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Pretax Income
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Net Non Operating Interest Income Expense
-0.61
+71.42%
-2.12
-167.56%
-0.79
+52.36%
-1.66
Interest Expense Non Operating
0.61
-71.42%
2.12
+167.56%
0.79
-52.36%
1.66
Net Interest Income
-0.61
+71.42%
-2.12
-167.56%
-0.79
+52.36%
-1.66
Interest Expense
0.61
-71.42%
2.12
+167.56%
0.79
-52.36%
1.66
Other Income Expense
-1.40
-8.83%
-1.29
-13.40%
-1.14
+14.59%
-1.33
Other Non Operating Income Expenses
-0.71
+44.81%
-1.29
-14.71%
-1.12
+15.56%
-1.33
Gain On Sale Of Security
0.01
—
—
—
Tax Provision
0.00
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Net Income From Continuing Operation Net Minority Interest
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Net Income From Continuing And Discontinued Operation
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Net Income Continuous Operations
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Normalized Income
-6.59
+31.55%
-9.63
-47.39%
-6.53
-71.86%
-3.80
Net Income Common Stockholders
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Diluted EPS
-0.80
+81.48%
-4.32
+23.81%
-5.67
-72.28%
-3.29
Basic EPS
-0.80
+81.48%
-4.32
+23.81%
-5.67
-72.28%
-3.29
Basic Average Shares
9.12
+309.51%
2.23
+92.92%
1.15
-0.07%
1.15
Diluted Average Shares
9.12
+309.51%
2.23
+92.92%
1.15
-0.07%
1.15
Diluted NI Availto Com Stockholders
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Gain On Sale Of PPE
-0.61
0.00
—
—
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Total Assets
13.21
+13.09%
11.68
+0.35%
11.64
+22.70%
9.49
Current Assets
1.07
+89.48%
0.57
-66.66%
1.70
-3.26%
1.75
Cash Cash Equivalents And Short Term Investments
0.88
+208.51%
0.29
-81.69%
1.56
+2020.80%
0.07
Cash And Cash Equivalents
0.88
+208.51%
0.29
-81.69%
1.56
+2020.80%
0.07
Cash Financial
0.88
+208.51%
0.29
-81.69%
1.56
+2020.80%
0.07
Receivables
0.06
0.00
—
0.04
Accounts Receivable
0.06
0.00
—
—
Other Receivables
—
—
—
0.04
Prepaid Assets
0.13
-53.86%
0.28
+109.32%
0.13
+281.19%
0.04
Current Deferred Assets
—
—
0.00
-100.00%
1.64
Total Non Current Assets
12.14
+9.21%
11.12
+11.78%
9.95
+28.59%
7.74
Net PPE
12.14
+9.21%
11.12
+11.78%
9.95
+70.45%
5.84
Gross PPE
12.14
+9.21%
11.12
+11.78%
9.95
+70.45%
5.84
Accumulated Depreciation
0.00
0.00
0.00
0.00
Properties
12.14
+9.21%
11.12
+11.78%
9.95
+70.45%
5.84
Non Current Prepaid Assets
—
—
0.00
-100.00%
1.90
Total Liabilities Net Minority Interest
1.91
-27.67%
2.64
+39.06%
1.90
-71.92%
6.77
Current Liabilities
1.86
-28.32%
2.59
+39.93%
1.85
-72.41%
6.71
Payables And Accrued Expenses
1.31
+4.51%
1.26
+98.90%
0.63
-45.79%
1.16
Payables
1.31
+4.51%
1.26
+98.90%
0.63
-45.79%
1.16
Accounts Payable
1.31
+26.03%
1.04
+70.06%
0.61
-47.65%
1.16
Current Debt And Capital Lease Obligation
0.47
-46.78%
0.88
-27.90%
1.22
-77.57%
5.43
Current Debt
0.47
-46.78%
0.88
-27.90%
1.22
-77.57%
5.43
Other Current Borrowings
0.47
—
1.22
—
Other Current Liabilities
0.08
-83.46%
0.45
—
0.11
Total Non Current Liabilities Net Minority Interest
0.05
+5.44%
0.05
+5.75%
0.05
-12.13%
0.05
Long Term Provisions
0.05
+5.44%
0.05
+5.75%
0.05
+6.10%
0.05
Tradeand Other Payables Non Current
—
—
0.00
-100.00%
0.01
Non Current Deferred Liabilities
—
—
—
0.01
Non Current Deferred Taxes Liabilities
—
—
—
0.01
Stockholders Equity
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Common Stock Equity
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Capital Stock
0.00
+183.13%
0.00
+106.45%
0.00
-90.87%
0.00
Common Stock
0.00
+183.13%
0.00
+106.45%
0.00
-90.87%
0.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
9.05
+182.47%
3.20
+106.34%
1.55
+34.43%
1.15
Ordinary Shares Number
9.05
+182.47%
3.20
+106.34%
1.55
+34.43%
1.15
Additional Paid In Capital
38.65
+32.71%
29.13
+44.19%
20.20
+204.50%
6.63
Retained Earnings
-27.36
-36.28%
-20.07
-92.15%
-10.45
-167.70%
-3.90
Gains Losses Not Affecting Retained Earnings
0.01
0.00
—
—
Other Equity Adjustments
0.01
—
—
—
Total Equity Gross Minority Interest
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Total Capitalization
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Working Capital
-0.79
+61.20%
-2.03
-1198.01%
-0.16
+96.85%
-4.96
Invested Capital
11.77
+18.65%
9.92
-9.49%
10.96
+34.46%
8.15
Total Debt
0.47
-46.78%
0.88
-27.90%
1.22
-77.57%
5.43
Net Debt
—
0.59
—
5.36
Net Tangible Assets
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Tangible Book Value
11.30
+25.00%
9.04
-7.19%
9.74
+257.80%
2.72
Current Notes Payable
0.00
-100.00%
0.88
0.00
-100.00%
5.43
Current Provisions
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Dueto Related Parties Current
0.01
-97.41%
0.22
+910.63%
0.02
0.00
Other Equity Interest
-0.01
+0.00%
-0.01
+0.00%
-0.01
+0.00%
-0.01
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Operating Cash Flow
-2.60
+32.18%
-3.84
+4.86%
-4.04
-703.92%
-0.50
Cash Flow From Continuing Operating Activities
-2.60
+32.18%
-3.84
+4.86%
-4.04
-703.92%
-0.50
Net Income From Continuing Operations
-7.28
+24.36%
-9.63
-47.10%
-6.54
-72.20%
-3.80
Other Non Cash Items
1.38
-60.77%
3.51
+140.13%
1.46
-44.53%
2.63
Stock Based Compensation
2.63
+71.31%
1.53
+46.96%
1.04
+16737.49%
0.01
Asset Impairment Charge
—
0.00
-100.00%
0.03
-68.75%
0.08
Deferred Tax
—
0.00
+100.00%
-0.01
-200.00%
0.01
Deferred Income Tax
—
0.00
+100.00%
-0.01
-200.00%
0.01
Operating Gains Losses
0.70
—
—
—
Gain Loss On Sale Of PPE
0.61
0.00
—
—
Change In Working Capital
-0.03
-103.91%
0.74
+5713.59%
-0.01
-102.33%
0.57
Change In Receivables
-0.06
0.00
—
—
Changes In Account Receivables
-0.06
0.00
—
—
Change In Prepaid Assets
0.14
+198.33%
-0.15
-18.18%
-0.12
-791.35%
-0.01
Change In Payables And Accrued Expense
0.27
-38.43%
0.43
+293.87%
0.11
-81.09%
0.58
Change In Other Current Liabilities
-0.38
-183.46%
0.45
—
—
Investing Cash Flow
-0.98
+10.21%
-1.09
+50.23%
-2.19
0.00
Cash Flow From Continuing Investing Activities
-0.98
+10.21%
-1.09
+50.23%
-2.19
0.00
Net PPE Purchase And Sale
—
—
—
0.00
Purchase Of PPE
—
—
—
0.00
Capital Expenditure
-0.88
+24.78%
-1.17
-223.57%
-0.36
—
Capital Expenditure Reported
-0.88
+24.78%
-1.17
-223.57%
-0.36
0.00
Net Other Investing Changes
-0.10
-219.61%
0.08
+104.46%
-1.83
—
Financing Cash Flow
4.17
+13.97%
3.65
-52.63%
7.71
+1452.57%
0.50
Cash Flow From Continuing Financing Activities
4.17
+13.97%
3.65
-52.63%
7.71
+1452.57%
0.50
Net Issuance Payments Of Debt
0.84
-69.39%
2.74
+419.61%
0.53
-72.24%
1.90
Issuance Of Debt
1.63
-47.44%
3.09
+54.68%
2.00
-58.51%
4.82
Repayment Of Debt
-0.79
-123.12%
-0.35
+76.04%
-1.47
+49.57%
-2.92
Long Term Debt Payments
-0.20
0.00
—
—
Net Long Term Debt Issuance
-0.20
0.00
—
—
Short Term Debt Issuance
1.63
-47.44%
3.09
+54.68%
2.00
-58.51%
4.82
Short Term Debt Payments
-0.59
-66.86%
-0.35
+76.04%
-1.47
+49.57%
-2.92
Net Short Term Debt Issuance
1.04
-62.15%
2.74
+419.61%
0.53
-72.24%
1.90
Net Common Stock Issuance
3.46
+194.88%
1.17
-82.58%
6.74
+11030.37%
0.06
Proceeds From Stock Option Exercised
—
0.00
-100.00%
1.81
0.00
Net Other Financing Charges
-0.13
+48.16%
-0.26
+80.94%
-1.36
+6.82%
-1.46
Changes In Cash
0.58
+145.59%
-1.28
-185.74%
1.49
+28561.96%
-0.01
Effect Of Exchange Rate Changes
0.01
0.00
—
0.00
Beginning Cash Position
0.29
-81.69%
1.56
+2020.80%
0.07
-6.63%
0.08
End Cash Position
0.88
+208.51%
0.29
-81.69%
1.56
+2020.80%
0.07
Free Cash Flow
-3.49
+30.45%
-5.01
-13.94%
-4.40
-776.01%
-0.50
Interest Paid Supplemental Data
0.00
0.00
0.00
0.00
Income Tax Paid Supplemental Data
0.00
0.00
0.00
0.00
Common Stock Issuance
3.46
+194.88%
1.17
-82.58%
6.74
+11030.37%
0.06
Issuance Of Capital Stock
3.46
+194.88%
1.17
-82.58%
6.74
+11030.37%
0.06
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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