Trio Petroleum Corp. (TPET)

US — Energy Sector
Peers:

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Key Metrics & Ratings

  • symbol TPET
  • Rev/Share 0.0247
  • Book/Share 1.6194
  • PB 0.7472
  • Debt/Equity 0.0515
  • CurrentRatio 0.7657
  • ROIC -0.3407

 

  • MktCap 9102224.0
  • FreeCF/Share -0.9466
  • PFCF -1.3602
  • PE -1.2119
  • Debt/Assets 0.0428
  • DivYield 0
  • ROE -0.7015

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 4
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada
TPET
Published: May 22, 2025 by: GlobeNewsWire
Sentiment: Neutral

Bakersfield, CA, May 22, 2025 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural gas properties held by Novacor Exploration Ltd. (“Novacor”). More specifically, TPET closed on the remaining Novacor TWP47 assets, located at the South-West quarter of Section 19, Township 47, Range 26W3M. These assets are in the prolific Lloydminster, Saskatchewan heavy oil region (the “Acquisition”). This acquisition strategically positions the Company to expand its operations into one of North America's most …

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image for news Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

About Trio Petroleum Corp. (TPET)

  • IPO Date 2023-04-18
  • Website https://trio-petroleum.com
  • Industry Oil & Gas Exploration & Production
  • CEO Robin Ross
  • Employees 1

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company owns an 85.75% working interest in the approximately 9,300-acre South Salinas project located in Monterey, 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.