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Trio Petroleum Corp. (TPET)

Energy | Oil & Gas E&P | Malibu, United States | NYSE American
0.21 USD -0.01 (-3.239%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.21 0.00 (-0.002%) ⇩ (Aug. 28, 2026, 7:50 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:51 a.m. EDT

The immediate outlook is severely bearish as the stock trades at a 52-week low of $0.20, having recently fallen over 21% after hours despite headlines of surging oil prices. This disconnect suggests the market is pricing in existential threats rather than commodity tailwinds, reinforced by a statistical forecast predicting a further 15% decline over the next 45 days. Fundamentally, the business is deteriorating rapidly with a 91% drop in value over the last two years, driven by two consecutive years of massive losses where revenue collapsed and operating cash flow turned sharply negative. The company is burning through capital with no free cash flow and relies entirely on equity raises to survive, evidenced by recent news of increased share sale capacities and director sales. With no dividend history and a balance sheet showing negative returns on both assets and equity, there is no margin of safety here; the low price reflects a broken business model rather than a bargain.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.133948
AutoETS0.134406
AutoTheta0.257748
AutoARIMA0.266612

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 5.96
Ljung-Box p 0.000
Jarque-Bera p 0.152
Excess Kurtosis -0.92
Attribute Value
Sector Energy
Revenue per Share 0.044
Market Cap 1,028,485
Beta -4.75
Website https://trio-petroleum.com

Info Dump

Attribute Value
52 Week Change -0.8105263
Address1 23,823 Malibu Road
Address2 Suite 304
All Time High 60.0
All Time Low 0.197
Ask 0.2106
Ask Size 100
Average Daily Volume10 Day 1,303,370
Average Daily Volume3 Month 3,259,430
Average Volume 3,259,430
Average Volume10Days 1,303,370
Beta -4.747
Bid 0.206
Bid Size 24,700
Book Value 0.839
City Malibu
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.2091
Current Ratio 22.477
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.2159
Day Low 0.2067
Display Name Trio Petroleum
Ebitda -5,388,754
Ebitda Margins 0.0
Enterprise To Ebitda 2.383
Enterprise To Revenue -18.475
Enterprise Value -12,841,815
Eps Trailing Twelve Months -3.4
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.27806
Fifty Day Average Change -0.068959996
Fifty Day Average Change Percent -0.24800402
Fifty Two Week Change Percent -81.05263
Fifty Two Week High 2.5
Fifty Two Week High Change -2.2909
Fifty Two Week High Change Percent -0.91636
Fifty Two Week Low 0.197
Fifty Two Week Low Change 0.012099996
Fifty Two Week Low Change Percent 0.0614213
Fifty Two Week Range 0.197 - 2.5
Financial Currency USD
First Trade Date Milliseconds 1,681,824,600,000
Float Shares 41,946,277
Free Cashflow -2,273,825
Full Exchange Name NYSE American
Full Time Employees 1
Fullday Change -0.00700001
Fullday Change Percent -3.23925
Fullday Price 0.2066
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.20990999
Gross Profits 145,905
Has Pre Post Market Data 1
Held Percent Insiders 0.05244
Held Percent Institutions 0.02303
Implied Shares Outstanding 4,918,630
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Language en-US
Last Fiscal Year End 1,761,868,800
Last Split Date 1,731,628,800
Last Split Factor 1:20
Long Business Summary 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.
Long Name Trio Petroleum Corp.
Market us_market
Market Cap 1,028,485
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1763545698
Most Recent Quarter 1,777,507,200
Net Income To Common -6,482,841
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 9,566,244
Open 0.2132
Operating Cashflow -3,098,441
Operating Margins -6.74478
Payout Ratio 0.0
Phone 661 324 3911
Post Market Change -0.0024999976
Post Market Change Percent -1.1955991
Post Market Price 0.2066
Post Market Time 1,787,961,036
Previous Close 0.2161
Price Hint 4
Price To Book 0.24922526
Price To Sales Trailing12 Months 1.4796344
Profit Margins 0.0
Quick Ratio 22.224
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00700001
Regular Market Change Percent -3.23925
Regular Market Day High 0.2159
Regular Market Day Low 0.2067
Regular Market Day Range 0.2067 - 0.2159
Regular Market Open 0.2132
Regular Market Previous Close 0.2161
Regular Market Price 0.2091
Regular Market Time 1,787,947,200
Regular Market Volume 520,916
Return On Assets -0.13721
Return On Equity -0.28186
Revenue Growth 7.949
Revenue Per Share 0.044
Sand P52 Week Change 0.20504117
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 4,918,630
Shares Percent Shares Out 0.045300003
Shares Short 2,007,215
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,017,019
Short Name Trio Petroleum Corp.
Short Percent Of Float 0.047
Short Ratio 1.08
Source Interval 15
State CA
Symbol TPET
Total Cash 22,098,186
Total Cash Per Share 0.499
Total Debt 0
Total Revenue 695,094
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.4
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.608605
Two Hundred Day Average Change -0.39950502
Two Hundred Day Average Change Percent -0.6564274
Type Disp Equity
Volume 520,916
Website https://trio-petroleum.com
Zip 90,265