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Trio Petroleum Corp. (TPET)

USD0.30 -0.01 (-2.32%)
US AMEX Energy Oil & Gas Exploration & Production
Address 5401 Business Park 93309
Bakersfield, CA, US
CEO Robin Ross
IPO 2023-04-18
CIK 1898766 ISIN US89669L2079

Explore sections of this company profile

Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.30 -0.01 (-2.32%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
-4.92
Float Shares
9.63M
Free Float %
92.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.82% -0.22% -31.45% -13.33% -56.78% -54.16% -68.35% -98.68% -99.20% -99.20% -99.20%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.30
DCF (Unlevered) 0.19 -35.7%
DCF (Levered) 0.05 -85.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
-3.17
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Exploration & Production: +0.0%
    +87.0% Q2'26: +794.9% (vs Q2'25)
  • EPS growth Oil & Gas Exploration & Production: +11.9%
    +81.5% Q2'26: +93.0% (vs Q2'25)
  • FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%
    -1,833.6% Q2'26: -751.6% (vs Q2'25)
  • EBIT margin Oil & Gas Exploration & Production: +22.0%
    -1,674.5% Q2'26: -645.8% (vs Q2'25)
  • ROIC Oil & Gas Exploration & Production: +5.1%
    -61.3% Q2'26: -43.2% (vs Q2'25)
  • Share dilution Oil & Gas Exploration & Production: +0.0%
    +309.5% Q2'26: +1,160.5% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×
    -0.07× Q2'26: 0.00× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-4.84) × ERP
WACC = 88% × Ke + 12% × Kd (129.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.19 Current price: 0.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-27 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-26 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-22 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-21 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-20 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-19 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-18 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-15 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-14 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-13 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-12 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-11 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-08 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-07 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-06 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-05 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-04 B- 2/5 2/5 1/5 1/5 4/5 1/5 5/5
2026-05-01 C+ 2/5 2/5 1/5 1/5 3/5 1/5 4/5
2026-04-30 C+ 2/5 2/5 1/5 1/5 3/5 1/5 4/5
2026-04-29 C+ 2/5 2/5 1/5 1/5 3/5 1/5 4/5
2026-04-28 C+ 2/5 2/5 1/5 1/5 3/5 1/5 4/5
2026-04-27 C+ 2/5 2/5 1/5 1/5 3/5 1/5 4/5
2026-04-24 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-23 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-22 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-21 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-20 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-17 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5
2026-04-16 C+ 2/5 3/5 1/5 1/5 2/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
19.48M
OE per share TTM
0.54
Owner's Yield
508.86%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
7,604.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
13
Total invested
337.2K
Insider transactions (90d)
3
Beneficial owners (>5%)
4
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Capital LLC 4.77M 8.60% 4.77M 4.77M IA Delaware 2024-11-14
2 Khatri 4.77M 8.60% 4.77M 4.77M IN States 2024-11-14
3 Opportunity Master Fund, SPC – Segregated Master Portfolio B 4.77M 8.60% 4.77M 4.77M CO Islands 2024-11-14
4 Frank C. Ingriselli 1.40M 5.70% 1.40M 1.40M IN California 2023-06-05

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
13
-1 vs prev Q
New positions
5
Closed positions
6
Increased
8
Reduced
2
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 GEODE CAPITAL MANAGEMENT, LLC 114.5K +50.2K (+78.2%) 79.0K +28.0K (+54.8%) 1.09% +0.478 pp 0.00% +0.000 pp USD1.04 -33.7% 6 qtrs
2 UBS GROUP AG 94.6K +91.1K (+2,613.7%) 65.3K +62.5K (+2,258.4%) 0.90% +0.866 pp 0.00% +0.000 pp USD0.70 -1.4% 6 qtrs
3 CITIGROUP INC 71.4K +71.4K (+100.0%) 49.3K +49.3K (+100.0%) 0.68% +0.679 pp 0.00% +0.000 pp USD0.69 +0.0% 3 qtrs
4 STATE STREET CORP 56.6K +— (+0.0%) 39.1K -5.9K (-13.1%) 0.54% +0.000 pp 0.00% +0.000 pp USD1.10 -37.3% 4 qtrs
5 NORTHERN TRUST CORP 21.9K -2.7K (-11.1%) 15.1K -4.5K (-22.8%) 0.21% -0.026 pp 0.00% +0.000 pp USD0.79 -12.7% 2 qtrs
6 VANGUARD FIDUCIARY TRUST CO 18.5K +18.5K (+100.0%) 12.8K +12.8K (+100.0%) 0.18% +0.176 pp 0.00% +0.000 pp USD0.69 +0.0% 1 qtrs NEW
7 TWO SIGMA SECURITIES, LLC 17.9K -23.4K (-56.7%) 12.3K -20.4K (-62.3%) 0.17% -0.222 pp 0.00% -0.003 pp USD0.79 -12.7% 2 qtrs
8 6.5K +— (+0.0%) 4.5K -672.0 (-13.1%) 0.06% +0.000 pp 0.00% 0.000 pp USD0.79 -12.7% 2 qtrs
9 TOWER RESEARCH CAPITAL LLC (TRC) 4.7K +2.7K (+133.5%) 3.3K +1.7K (+102.9%) 0.05% +0.026 pp 0.00% +0.000 pp USD0.92 -25.0% 6 qtrs
10 ADVISOR GROUP HOLDINGS, INC. 2.0K +— (+0.0%) 1.4K -200.0 (-12.7%) 0.02% +0.000 pp 0.00% +0.000 pp USD1.38 -50.0% 5 qtrs
11 WELLS FARGO & COMPANY/MN 1.0K +1.0K (+100.0%) 690.00 +690.0 (+100.0%) 0.01% +0.010 pp 0.00% +0.000 pp USD0.69 +0.0% 1 qtrs NEW
12 QUANTBOT TECHNOLOGIES LP 1.00 +1.0 (+100.0%) 1.00 +1.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD 1 qtrs NEW
13 CITADEL ADVISORS LLC -17.4K (-100.0%) -13.8K (-100.0%) 0.00% -0.166 pp 0.00% +0.000 pp USD 2 qtrs SOLD
14 BANK OF AMERICA CORP /DE/ -70.0 (-100.0%) -56.0 (-100.0%) 0.00% -0.001 pp 0.00% +0.000 pp USD 6 qtrs SOLD
15 JANE STREET GROUP, LLC -17.7K (-100.0%) -14.0K (-100.0%) 0.00% -0.168 pp 0.00% +0.000 pp USD 2 qtrs SOLD
16 XTX TOPCO LTD -39.0K (-100.0%) -31.0K (-100.0%) 0.00% -0.371 pp 0.00% -0.001 pp USD 5 qtrs SOLD
17 STONEX GROUP INC. -12.1K (-100.0%) -9.6K (-100.0%) 0.00% -0.116 pp 0.00% 0.000 pp USD 2 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Extended Market ETF VXF 0.00% 28.1K 0.05%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Ratio by volume
0.00
Bearish
Buys
0
Sells
5
Shares acquired
Shares disposed
102.5K
Cash buys
Cash sales
5.00
Net activity
-102,500
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-05-07 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 0.46 11.5K 125,000 D
2026-05-06 Ross Robin A. Director / Officer S-Sale D Common Stock 12,500 0.47 5.8K 650,000 D
2026-05-01 Randall John W. Director S-Sale D Common Stock 15,000 0.51 7.7K 140,500 D
2026-04-14 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 0.50 12.4K 150,000 D
2026-04-08 Ross Robin A. Director / Officer S-Sale D Common Stock 25,000 0.54 13.6K 662,500 D
2026-03-12 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 1.75 43.8K 175,000 D
2026-03-11 Ross Robin A. Director / Officer S-Sale D Common Stock 25,000 1.51 37.8K 687,500 D
2026-02-12 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 0.44 10.9K 217,750 D
2026-02-11 Ross Robin A. Director / Officer S-Sale D Common Stock 25,000 0.47 11.9K 712,500 D
2026-02-02 Randall John W. Director S-Sale D Common Stock 20,000 0.64 12.8K 155,500 D
2026-01-14 Ross Robin A. Director / Officer S-Sale D Common Stock 37,500 0.89 33.4K 737,500 D
2026-01-08 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 0.83 20.7K 242,750 D
2025-10-20 Randall John W. Director S-Sale D Common Stock 3,500 1.05 3.7K 175,500 D
2025-10-01 PERNICE THOMAS J Director S-Sale D Common Stock 17,750 1.04 18.4K 200,000 D
2025-08-01 William John Hunter Director A-Award A Common Stock 175,000 0.00 203,000 D
2025-08-01 Ross Robin A. Director / Officer A-Award A Common Stock 625,000 0.00 787,751 D
2025-08-01 Randall John W. Director A-Award A Common Stock 175,000 0.00 179,000 D
2025-08-01 PERNICE THOMAS J Director A-Award A Common Stock 250,000 0.00 267,750 D
2025-08-01 Overholtzer Gregory L Officer A-Award A Common Stock 62,500 0.00 77,500 D
2025-08-01 Eschner Stanford Director / Officer A-Award A Common Stock 15,000 0.00 72,500 I
2025-08-01 Blake James Howard Director A-Award A Common Stock 250,000 0.00 262,500 D
2025-06-25 Randall John W. Director S-Sale D Common Stock 12,000 1.25 14.9K 4,000 D
2025-01-15 PERNICE THOMAS J Director S-Sale D Common Stock 1,250 1.73 2.2K 17,750 D
2024-12-09 PERNICE THOMAS J Director S-Sale D Common Stock 2,750 1.08 3.0K 19,000 D
2024-12-04 William John Hunter Director A-Award A Common Stock 12,500 0.00 28,000 D
2024-12-04 Randall John W. Director A-Award A Common Stock 12,500 0.00 16,000 D
2024-12-04 PERNICE THOMAS J Director A-Award A Common Stock 12,500 0.00 21,750 D
2024-12-04 Overholtzer Gregory L Officer A-Award A Common Stock 10,000 0.00 15,000 D
2024-12-04 Blake James Howard Director A-Award A Common Stock 12,500 0.00 12,500 D
2024-11-16 Ross Robin A. Director / Officer A-Award A Common Stock 100,000 0.00 162,751 D
2024-10-21 Blake James Howard Director Common Stock 0 0.00 0 D
2024-10-17 PERNICE THOMAS J Director S-Sale D Common Stock 25,000 0.15 3.8K 195,000 D
2024-08-15 Ross Robin A. Director / Officer A-Award A Common Stock 27,500 0.00 62,751 D
2024-07-03 Ingriselli Frank C Director S-Sale D Common Stock 190,000 0.27 51.7K 0
2024-07-01 PERNICE THOMAS J Director S-Sale D Common Stock 10,000 0.31 3.1K 210,000
2024-06-27 Ingriselli Frank C Director S-Sale D Common Stock 280,000 0.27 75.0K 0
2024-06-19 Ross Robin A. Director A-Award A Common Stock 450,000 0.00 705,008
2024-06-18 Randall John W. Director S-Sale D Common Stock 30,000 0.30 9.0K 70,000
2024-06-17 Ross Robin A. Director D Common Stock 0 0.00 255,508
2024-06-03 PERNICE THOMAS J Director S-Sale D Common Stock 10,000 0.23 2.3K 220,000
2024-05-01 PERNICE THOMAS J Director S-Sale D Common Stock 10,000 0.33 3.3K 230,000
2024-02-09 Randall John W. Director S-Sale D Common Stock 60,000 0.13 8.0K 100,000
2024-02-01 Ingriselli Frank C Director S-Sale D Common Stock 137,296 0.25 33.8K 100,000
2024-01-31 Ingriselli Frank C Director S-Sale D Common Stock 362,704 0.17 62.0K 237,296
2024-01-18 Ingriselli Frank C Director G-Gift D Common Stock 210,000 0.00 407,000
2023-10-31 Ross Robin A. Director D Common Stock 0 0.00 1,060,000
2023-10-23 PETERSON MICHAEL L Director / Officer A-Award A Common Stock 1,000,000 0.00 1,185,000
2023-09-01 William John Hunter Director A-Award A Common Stock 100,000 0.00 310,000
2023-09-01 Randall John W. Director A-Award A Common Stock 100,000 0.00 160,000
2023-09-01 PETERSON MICHAEL L Director A-Award A Common Stock 125,000 0.00 185,000
2023-09-01 PERNICE THOMAS J Director A-Award A Common Stock 100,000 0.00 240,000
2023-07-21 Ingriselli Frank C Director / Officer G-Gift D Common Stock 150,000 0.00 580,000
2023-07-20 Ingriselli Frank C Director / Officer A-Award A Common Stock 200,000 0.00 1,200,000
2023-04-17 William John Hunter Director D Common Stock 0 0.00 210,000
2023-04-17 Rowlee Steve Officer D Common Stock 0 0.00 150,000
2023-04-17 Ross Robin A. Director D Common Stock 0 0.00 1,060,000
2023-04-17 Randall John W. Director D Common Stock 0 0.00 60,000
2023-04-17 PETERSON MICHAEL L Director D Common Stock 0 0.00 60,000
2023-04-17 PERNICE THOMAS J Director D Common Stock 0 0.00 140,000
2023-04-17 Overholtzer Gregory L Officer D Common Stock 0 0.00 100,000
2023-04-17 Ingriselli Frank C Director / Officer I Common Stock 0 0.00 47,000
2023-04-17 Eschner Terry Officer D Common Stock 0 0.00 150,000
2023-04-17 Eschner Stanford Director / Officer D Common Stock 0 0.00 150,000
2010-10-07 Parsi Joey Director D Common Stock 0 0.00 0

Executive team

Top executives
EBIT / Employee
-66.8K
Shares Outstanding
10.41M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Robin Ross Chief Executive Officer and Chairman 336.0K 1.12M 1.45M 76.86%
2 2025 Greg Overholtzer Chief Financial Officer 145.0K 103.2K 248.2K 41.59%
3 2025 Stanford Eschner Vice Chairman 28.3K 17.7K 46.0K 38.42%
4 2025 Terence Eschner President 28.3K 28.3K 0.00%
5 2025 Steven Rowlee Chief Operating Officer 28.3K 28.3K 0.00%
6 2024 Michael Peterson Chief Executive Officer 175.0K 417.8K 592.8K 70.48%
7 2024 Steven Rowlee Chief Operating Officer 127.5K 228.2K 355.7K 64.15%
8 2024 Terence Eschner President 120.4K 228.2K 348.6K 65.46%
9 2024 Stanford Eschner Vice Chairman 120.4K 228.2K 348.6K 65.46%
10 2024 Robin Ross Chief Executive Officer and Chairman 25.6K 70.6K 52.5K 4.2K 152.9K 34.36%
11 2024 Greg Overholtzer Chief Financial Officer 90.0K 14.1K 104.1K 13.57%
12 2023 Frank Ingriselli, Chief Executive Officer and Vice Chairman 320.0K 214.0K 534.0K 40.07%
13 2023 Stanford Eschner Vice Chairman 56.7K 94.3K 151.0K 62.47%
14 2023 Steven Rowlee Chief Operating Officer 56.7K 94.3K 151.0K 62.47%
15 2023 Terence Eschner President 56.7K 94.3K 151.0K 62.47%
16 2023 Greg Overholtzer Chief Financial Officer 85.0K 85.0K 0.00%
17 2023 Greg Overholtzer, Chief Financial Officer 85.0K 85.0K 0.00%
18 2023 Michael Peterson Chief Executive Officer 9.0K 31.4K 40.5K 0.00%
19 2023 Michael Peterson, Chief Executive Officer 9.0K 31.5K 40.5K 0.00%
20 2022 Frank Ingriselli, Chief Executive Officer and Vice Chairman 160.0K 61.8K 191.7K 32.21%
21 2022 Greg Overholtzer, Chief Financial Officer 25.0K 6.2K 31.2K 19.81%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-06 DEFA14A
2026-04-06 DEF 14A
2026-03-27 PRE 14A
2025-06-18 DEFA14A
2025-06-18 DEF 14A
2025-06-03 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-22 8-K
2026-05-11 RW
2026-05-08 4
2026-05-07 4
2026-05-06 8-K
2026-05-06 424B5
2026-05-05 4
2026-04-22 8-K
2026-04-15 4
2026-04-13 EFFECT

Executive team

NameTitleCompensationGender
Robin Ross Chairman & Chief Executive Officer 336.0K male
Gregory L. Overholtzer Chief Financial Officer 145.0K male
ESG Rating
B+
OIL & GAS EXPLORATION & PRODUCTION
Rank: 11 out of 97
2026
E (Environmental)
78.0 / 55.4
Company / Sector avg.
S (Social)
64.1 / 56.8
Company / Sector avg.
G (Governance)
66.4 / 58.9
Company / Sector avg.
ESG Total
69.5 / 57.1
Company / Sector avg.
ESG Score History OIL & GAS EXPLORATION & PRODUCTION
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits