Trio Petroleum Corp.

Trio Petroleum Corp.verified

TPET

Price:

$0.3267

Market Cap:

$3.40M

Trio Petroleum Corp. operates primarily as an enterprise focused on the discovery and extraction of oil and natural gas. The company maintains an 85.75% operational stake in the expansive South Salinas project, which encompasses approximately 9,300 acres situated near Monterey, California. Additionally, Trio Petroleum holds the contractual right to acquire a complete 100% working interest in the Union Avenue Field, located within Bakersfield, California. The firm was established in 2021 and manages its principal operations from its headquarters, also in Bakersfield, California.

Industry

Oil & Gas Exploration & Production

IPO Date

2023-04-18

Stock Exchange

AMEX

Ticker

TPET

The Enterprise Value as of June 2026 (TTM) for Trio Petroleum Corp. (TPET) is -18697119.00

According to Trio Petroleum Corp.’s latest financial reports and current stock price. The company's current Enterprise Value is -18697119.00. This represents a change of -529.39% compared to the average of 4.35M of the last 4 quarters.

Trio Petroleum Corp. (TPET) Historical Enterprise Value (quarterly & annually)

How has TPET Enterprise Value performed in the past?

The mean historical Enterprise Value of Trio Petroleum Corp. over the last ten years is 28.23M. The current -18697119.00 Enterprise Value has changed -6724.17% with respect to the historical average. Over the past ten years (40 quarters), TPET's Enterprise Value was at its highest in in the January 2023 quarter at 58.23M. The Enterprise Value was at its lowest in in the April 2026 quarter at -7196757.96.

Quarterly (TTM)
Annual

Average

28.23M

Median

12.07M

Minimum

6.29M

Maximum

57.78M

Trio Petroleum Corp. (TPET) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Trio Petroleum Corp. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 42.67%

Maximum Annual Enterprise Value = 57.78M

Minimum Annual Increase = -79.11%

Minimum Annual Enterprise Value = 6.29M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20258.98M42.67%
20246.29M-47.89%
202312.07M-79.11%
202257.78M3.16%

Trio Petroleum Corp. (TPET) Average Enterprise Value

How has TPET Enterprise Value performed in the past?

The current Enterprise Value of Trio Petroleum Corp. (TPET) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.11M

5-year avg

28.23M

10-year avg

28.23M

Trio Petroleum Corp. (TPET) Enterprise Value vs. Peers

How is TPET’s Enterprise Value compared to its peers?

Trio Petroleum Corp.’s Enterprise Value is less than STAK Inc. Ordinary Shares (82.39M), less than Sky Quarry Inc. (13.76M), less than Vivakor, Inc. (35.63M), less than PTL Limited (2.38M), greater than Robin Energy Ltd. (-25175634.00), less than Barnwell Industries, Inc. (7.79M), less than Ascent Solar Technologies, Inc. Common Stock (11.95M), less than Turbo Energy, S.A. American Depositary Shares (9.34M), less than CBL International Limited (-233363.00), less than Battalion Oil Corporation (192.13K),

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Frequently asked questions❓

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