Security
TPET · Trio Petroleum Corp
TPETNYSE_AMERICANCommon stockCurrentCIK 1898766Updated Sep 27, 2026
Name history
Trio Petroleum Corp. · through Sep 9, 2025
TPET price & chart
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AMEX:TPET on TradingView ↗About the company
Trio LLC is a licensed Operator in California and currently operates the South Salinas Project and the McCool Ranch Oil Field on behalf of TPET and other working interest owners. Trio LLC operates these assets pursuant to joint operating agreements (“JOAs”) between and among Trio LLC and the non-operating, third-party, working interest owners. The non-operating parties have agreed under the JOAs to have the Operator explore and develop these assets for the production of oil and gas as provided thereunder. Trio LLC, as Operator, generally conducts and has significant control of operations, subject to the limitations and constraints of the JOAs, and acts in the capacity of an independent contractor. Operator is obligated to conduct its activities under the JOAs as a reasonable prudent operator, in good workmanlike manner, with due diligence and dispatch, in accordance with good oilfield practices, and in compliance with applicable laws and regulations.
In the news
Recent filings
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
10-Q filing
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Items 3.03, 5.03, 7.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 13,214,110Source | 11,684,338Source | 11,643,083Source |
| Current assets: | |||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 59,970Source | — | — |
| Assets, CurrentUSD | 1,070,988Source | 565,219Source | 1,695,341Source |
| Prepaid Expense and Other Assets, CurrentUSD | 128,856Source | 279,274Source | 133,417Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 1,910,759Source | 2,641,790Source | 1,899,699Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 906Source | 320Source | 3,105Source |
| Additional Paid in CapitalUSD | 38,653,796Source | 29,125,917Source | 20,197,171Source |
| Retained Earnings (Accumulated Deficit)USD | -27,355,812Source | -20,073,679Source | -10,446,882Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 14,471Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 11,303,351Source | 9,042,548Source | 9,743,384Source |
| Liabilities and EquityUSD | 13,214,110Source | 11,684,338Source | 11,643,083Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 1,856,890Source | 2,590,699Source | 1,851,386Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,629,110Source | 1,534,667Source | 1,044,261Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 59,970Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,604,749Source | -3,840,744Source | -4,036,834Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -978,563Source | -1,089,882Source | -2,189,859Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 4,165,058Source | 3,654,647Source | 7,714,969Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 596,217Source | -1,275,979Source | 1,488,276Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 882,162Source | 285,945Source | 1,561,924Source |
| Additional Financial Items | |||
| Accretion ExpenseUSD | 2,778Source | 2,778Source | 2,778Source |
| Share-based Payment Arrangement, ExpenseUSD | 2,629,110Source | 1,534,667Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 8,840Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -89,339Source | — | — |
| General and Administrative ExpenseUSD | 2,817,626Source | 4,716,057Source | 3,311,886Source |
| InterestExpenseNonoperatingUSD | 605,515Source | 2,118,548Source | — |
| Net Income (Loss) Attributable to ParentUSD | -7,282,133Source | -9,626,797Source | -6,544,426Source |
| Nonoperating Income (Expense)USD | -2,010,030Source | -3,409,083Source | -1,933,758Source |
| Operating ExpensesUSD | 5,495,108Source | 6,430,918Source | 4,610,668Source |
| Proceeds from Issuance of Common StockUSD | 3,460,894Source | — | 738,659Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 398,734Source | 213,204Source | — |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | -5,272,103Source | -6,217,714Source | -4,610,668Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -7,282,133Source | -9,626,797Source | -6,544,426Source |
| Net Income (Loss) Attributable to ParentUSD | -7,282,133Source | -9,626,797Source | -6,544,426Source |
| Earnings Per Share, BasicUSD per share | -0.8Source | -4.32Source | -0.28Source |
| Earnings Per Share, DilutedUSD per share | -0.8Source | -4.32Source | -0.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 9,116,944Source | 2,226,320Source | 23,079,750Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 9,116,944Source | 2,226,320Source | 23,079,750Source |
| Interest Expense (non-operating)USD | 605,515Source | 2,118,548Source | — |
| Additional Financial Items | |||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 8,840Source | — | — |
| General and Administrative ExpenseUSD | 2,817,626Source | 4,716,057Source | 3,311,886Source |
| Gross ProfitUSD | 223,005Source | — | — |
| Interest ExpenseUSD | — | — | 791,811Source |
| Interest Income (Expense), NetUSD | 27,606Source | — | — |
| Nonoperating Income (Expense)USD | -2,010,030Source | -3,409,083Source | -1,933,758Source |
| Operating ExpensesUSD | 5,495,108Source | 6,430,918Source | 4,610,668Source |
Offerings
Registration 333-280816
Filing attachments
ex99-1.htm · 8-K · 2026-09-21
Exhibit 99.1 Trio Petroleum Announces Lloydminster Heavy-Oil Farm-In And Multilateral Development Program With Croverro Energy 14-well multilateral development inventory across Alberta and Saskatchewan Canada combines existing production, re-entry potential and staged development designed to recycle production cash flow into future drilling Boca Raton, Florida. - September 21, 2026 - Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), today announced the execution of farm-in …
Read attachment ↗ex99-1.htm · 8-K · 2026-08-18
EX-99.1 3 ex99-1.htm EX-99.1 EXHIBIT 99.1 Trio Petroleum Corp Announces Proactive Reverse Stock Split and Provides Shareholder Update on Acquisition and Drilling Strategy Boca Raton, Florida - August 18, 2026 (GLOBE NEWSWIRE) - Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”) is pleased to provide shareholders with an update on its growth strategy and also that it will proceed proactively with a 1-for-9 reverse stock split of its outstanding shares of common stock (“Rev…
Read attachment ↗ex99-1.htm · 8-K · 2026-01-05
EX-99.1 4 ex99-1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Trio Petroleum Corp. (NYSE American: TPET) Announces Strategic Acquisition of Cash-Flow-Positive Production in Saskatchewan and Highlights Multilateral Opportunities in the North Half of Section 3-48-24W3 Malibu, California - January 5, 2026 - Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), an oil and gas company, today is pleased to announce that its wholly owned Canadian subsidiary, Trio Petroleum Canad…
Read attachment ↗ex99-1.htm · 8-K · 2025-11-04
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Trio Petroleum Corp. (TPET) Announces Strategic Acquisition of Cash Flow positive production in Alberta Malibu, California, November 4, 2025 - Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California oil and gas company, today is pleased to announce that its wholly owned Canadian Subsidiary Trio Petroleum Canada, Corp. (the ‘Company’) has acquired a high-value mineral lease covering a quarter section located at NW 7-50-1W4 …
Read attachment ↗ex4-1.htm · 8-K · 2025-08-18
EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 THE SECURITIES EVIDENCED BY THIS NOTE (INCLUDING WITHOUT LIMITATION THE SHARES ISSUSABLE UPON CONVERSION OF THIS NOTE) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. THE SECURITIES MAY NOT BE OFFERED, SOLD, PLEDGED, ENCUMBERED OR OTHERWISE TRANSFERRED DIRECTLY OR INDIRECTLY TO OR FOR THE ACCOUNT OR BENEFIT OF DIRECTLY OR INDIRECTLY ANY PERSON OR ENT…
Read attachment ↗ex4-2.htm · 8-K · 2025-08-18
EX-4.2 3 ex4-2.htm EX-4.2 Exhibit 4.2 THE SECURITIES EVIDENCED BY THIS NOTE (INCLUDING WITHOUT LIMITATION THE SHARES ISSUSABLE UPON CONVERSION OF THIS NOTE) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. THE SECURITIES MAY NOT BE OFFERED, SOLD, PLEDGED, ENCUMBERED OR OTHERWISE TRANSFERRED DIRECTLY OR INDIRECTLY TO OR FOR THE ACCOUNT OR BENEFIT OF DIRECTLY OR INDIRECTLY ANY PERSON OR ENT…
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