Trio Petroleum Corp.

ASE: TPET
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About Trio Petroleum Corp.

Energy Oil & Gas E&P
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.

📊 Fundamental Analysis

Trio Petroleum Corp. demonstrates a profit margin of 0.0%, which is below the sector average, suggesting competitive pressure.

The company recently reported 1029.4% revenue growth, which is well above average for the Energy sector.

Return on Equity (ROE) is -55.9%, which indicates that capital utilization is currently under pressure.

At a current price of $0.50, TPET currently trades near the bottom of its 52-week range (7%), indicating potential value or weakness (Range: $0.35 - $2.50).

🏥 Financial Health

🔴 Profit Margin Weak
🔴 Debt/Equity Elevated
Revenue Growth Excellent
🔴 Return on Equity Weak
Beta (Risk) Low Volatility

Key Financials

Market Cap
$11.94M
Trailing P/E
--
Forward P/E
--
Beta (5Y)
-5.34
52W High
$2.50
52W Low
$0.35
Avg Volume
37.22M
Day High
Day Low

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