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Trio Petroleum Corp.
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company’s flagship project comprises the 85.75% owned working interest in the South Salinas project that consists of approximately 9,300-acre located in Monterey, California. It also owns 22% working interest in the McCool Ranch Oil Field located in Monterey County, California; 2% production interest in the Asphalt Ridge project comprises approximately 960 acres located in southwest of Vernal, Utah; and holds an option agreement to acquire 100% working interest in the Union Avenue Field located in Bakersfield, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Bakersfield, California.
Market Cap
$6.2M
Volume
7.2M
Cash and Equivalents
$293.1K
EBITDA
-$6.2M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$136.0K
Profit Margin
100.00%
52 Week High
$0.72
52 Week Low
$0.08
Dividend
N/A
Price / Book Value
0.77
Price / Earnings
-0.51
Price / Tangible Book Value
0.77
Enterprise Value
$7.5M
Enterprise Value / EBITDA
-1.22
Operating Income
-$6.2M
Return on Equity
100.73%
Return on Assets
-33.70
Cash and Short Term Investments
$293.1K
Debt
$1.6M
Equity
$8.1M
Revenue
$136.0K
Unlevered FCF
-$3.6M
Sector
Oil, Gas and Consumable Fuels
Category
N/A