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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

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