Trio Petroleum Corp.

Trio Petroleum Corp.verified

TPET

Price:

$0.1952

Market Cap:

$9.82M

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company owns an 85.75% working interest in the approximately 9,300-acre South Salinas project located in Monterey, California. It also holds an option to acquire a 100% working interest in the Union Avenue Field located in Bakersfield, California. The company was incorporated in 2021 and is headquartered in Bakersfield, California.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2023-04-18

Stock Exchange

AMEX

Ticker

TPET

The Enterprise Value as of September 2024 (TTM) for Trio Petroleum Corp. (TPET) is 9.79M

According to Trio Petroleum Corp.’s latest financial reports and current stock price. The company's current Enterprise Value is 9.79M. This represents a change of -12.29% compared to the average of 11.16M of the last 4 quarters.

Trio Petroleum Corp. (TPET) Historical Enterprise Value (quarterly & annually)

How has TPET Enterprise Value performed in the past?

The mean historical Enterprise Value of Trio Petroleum Corp. over the last ten years is 41.95M. The current 9.79M Enterprise Value has changed 2.23% with respect to the historical average. Over the past ten years (40 quarters), TPET's Enterprise Value was at its highest in in the January 2023 quarter at 58.23M. The Enterprise Value was at its lowest in in the October 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

41.95M

Median

56.01M

Minimum

12.07M

Maximum

57.78M

Trio Petroleum Corp. (TPET) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Trio Petroleum Corp. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.16%

Maximum Annual Enterprise Value = 57.78M

Minimum Annual Increase = -79.11%

Minimum Annual Enterprise Value = 12.07M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202312.07M-79.11%
202257.78M3.16%

Trio Petroleum Corp. (TPET) Average Enterprise Value

How has TPET Enterprise Value performed in the past?

The current Enterprise Value of Trio Petroleum Corp. (TPET) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

41.95M

5-year avg

41.95M

10-year avg

41.95M

Trio Petroleum Corp. (TPET) Enterprise Value vs. Peers

How is TPET’s Enterprise Value compared to its peers?

Trio Petroleum Corp.’s Enterprise Value is

CompanyEnterprise ValueMarket cap

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Frequently asked questions❓

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