Trio Petroleum Corp.TPET

$0.30+0.00 (+1.43%)
AMEXEnergy24:00 UTC

Company snapshot

Market Cap
$9M
Micro-cap
-92%
2023 — today
10-Year Price
-99%
2023 — today
52-Week Range
$0.29$1.95
Current $0.30· 1%

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.

Valuation in context

P/E ratio
-0.5
N/A
Not meaningful — company is unprofitable
P/B ratio
0.2
Near historic low
Near historic low — last 10 years
FCF Yield
-32.6%
Above average
Above the 10-year average
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