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Trio Petroleum Corp.
TPETAMEX
Wall Street ScoreUnder review
$1.66USD+$0.08 (+5.06%)
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Primary reporting period: 2025-10-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
Trio Petroleum Corp. is an oil and gas exploration and development company that generates revenue through the extraction and sale of crude oil and natural gas. The company focuses on acquiring and developing working interests in oil and gas properties, primarily the South Salinas Project in California, and relies on the successful production and market pricing of these commodities to fund operations and generate returns.
Products & services
Exploration, development, and production of crude oil and natural gas.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can TPET maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•How long can TPET fund negative free cash flow using its current cash position before it may need more debt or new shares?
•How is TPET likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•What specifically needs to improve for TPET to reach sustainable profitability?
•What future growth or profitability would be needed to justify TPET's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TPET
Detected from reported data — verify before acting.
Elevated debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative
M&A headline · Sep 30, 2026
TRIO PETROLEUM ANNOUNCES LLOYDMINSTER ACQUISITION WITH CUMMINGS MULTILATERAL OIL WELL AND WORKOVER PRODUCTION GROWTH OPPORTUNITY — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
Trio Petroleum Corp Announces Proactive Reverse Stock Split and Provides Shareholder Update on Acquisition and Drilling Strategy — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Working interest in the South Salinas Project.
Potential downside factors
−Debt risk (elevated): Total debt is at least one year of revenue.
−Interest coverage is below 2x.
−Free cash flow is negative.
−Commodity price volatility.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Debt
—
Debt Cost129.6%
Debt Reduction YoY46.8%
Debt / Equity0.04x
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Revenue
—
Revenue YoY113.5%
Revenue CAGR—
Net Margin-830.2%
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Asset
—
Asset Growth YoY13.1%
Liquidation/Share$7.42
Net Assets/MCap4.73x
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Capital
—
Earnings Yield-89.2%
Buyback Yield0.0%
Debt Cost129.6%
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Management
—
ROIC-41.6%
ROE-19.4%
ROA-18.6%
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Moat
—
EPS Growth—
FCF/Share Growth—
Rev/Share Growth-54.3%
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Valuation
—
Intrinsic Value—
Value Reference—
MOS—
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Buffett
—
Revenue—
Moat—
Valuation—
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MOS
—
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
—
Interest Coverage-8.7x
ROIC-41.6%
FCF Yield-45.7%
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Master
—
Financial—
Valuation—
Debt—
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Resilience
—
Survival Years0.2 yrs
Current Ratio0.58x
FCF Margin-908.0%
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Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$1.66
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Large reported revenue change: +87.0%
Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
Revenue
$851K
$399K
$213K
$0.00
····
····
Cost of Revenue
$816K
$224K
$3K
$3K
····
····
Gross Profit
$35K
$175K
$210K
-$3K
····
····
Research & Development
$0.00
$0.00
$0.00
$0.00
····
····
SG&A Expenses
$5.5M
$5.4M
$6.4M
$4.6M
····
····
Operating Expenses
$6.9M
$5.4M
$6.4M
$4.6M
····
····
EBITDA
-$6.9M
-$6.7M
-$7.5M
-$5.7M
····
····
Operating Income
-$6.8M
-$5.3M
-$6.2M
-$4.6M
····
····
Interest Expense
$271K
$606K
$2.1M
$792K
····
····
Income Before Tax
-$7.1M
-$7.3M
-$9.6M
-$6.5M
····
····
Income Tax Expense
$0.00
$0.00
$0.00
$0.00
····
····
Net Income
-$7.1M
-$7.3M
-$9.6M
-$6.5M
····
····
Basic EPS
$5.50
$-7.20
$-38.88
$-51.03
····
····
Basic Shares
5.05M
1.01M
247K
128K
····
····
Diluted Shares
5.05M
1.01M
247K
128K
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Jul 31, 2026Q3FY2026
Revenue
$348581
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.39
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-100.0%
Cash Change
+4057.1%
Margin Change
+155.2 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels, net income margin. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 81.2%. EPS declined 74.5%. Cash increased 4057.1%. Total debt declined 100.0%. Net income margin improved by 155.2 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
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5 Years
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10 Years
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Conservative Projection Rate
——%
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Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
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