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- $12.3MMarket Cap
- -65.07%1-Year Change
- Oil & Gas E&PIndustry
TRIO PETROLEUM (TPET)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 67
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Trio Petroleum Corp Issues Broker-Dealer Action Notice Ahead of May 21, 2026 Annual Meeting
Trio Petroleum Corp issued an action notice to brokerage firms and custodians on May 20, 2026, requesting their assistance in processing voting instructions from beneficial shareholders ahead of the company's Annual Meeting scheduled for May 21, 2026. The company emphasized the importance of establishing quorum, as shares held in street name cannot be counted toward quorum without proper voting instruction submission. Management highlighted that matters presented at the meeting provide important flexibility for the company's next growth phase.
05/20/2026, 8:00 AM • GlobeNewswire
Trio Petroleum Corp announced it has raised approximately $24 million through its ATM equity program, strengthening its balance sheet. The company is now pursuing a growth strategy focused on acquiring Canadian oil and gas assets, which management believes offer attractive valuations and operational upside. The CEO emphasized the company has transitioned from stabilization to execution phase and is urging stockholder support at the May 21, 2026 annual meeting.
05/11/2026, 8:00 AM • GlobeNewswire
Marathon Petroleum Stock Is Trending Overnight: Here's Why
Marathon Petroleum (MPC) shares surged 3.96% on Wednesday following a quarterly dividend declaration of $1 per share and broad energy sector gains. The rally was fueled by reports of Trump administration officials meeting with oil and gas executives and discussions about sustaining an Iran blockade. The stock is trading near its 52-week highs with strong momentum and bullish analyst sentiment.
04/30/2026, 3:48 AM • Benzinga
What's Going On With Trio Petroleum Shares On Monday?
Trio Petroleum (TPET) shares declined 15.38% to $0.86 on Monday following President Trump's announcement of a five-day suspension of U.S. strikes on Iranian energy infrastructure. Despite this headwind, the company raised $19M through its ATM program with net proceeds of $18.45M, positioning it to accelerate expansion plans in Canada and the U.S. targeting oil and gas projects producing 500-1,000 barrels per day.
03/23/2026, 12:01 PM • Benzinga
Trio Petroleum (TPET) and Battalion Oil (BATL) surged in after-hours trading, gaining 13.51% and 10.44% respectively, driven by escalating U.S.-Israel-Iran conflict and concerns over disruptions to the Strait of Hormuz. Battalion also announced an all-stock acquisition of 7,090 net acres in Texas and a $15 million private placement.
03/12/2026, 3:31 AM • Benzinga
What's Going On With Trio Petroleum Shares On Friday?
Trio Petroleum (TPET) shares surged 36.48% on Friday as WTI crude oil climbed above $84/barrel amid escalating Middle East conflict and expectations for prolonged closure of the Strait of Hormuz. The stock significantly outperformed the broader market, which declined 1.0%, driven by geopolitical tensions affecting global oil supply. The company maintains a strong technical position with bullish MACD signals, though low momentum scores suggest underlying weaknesses to monitor ahead of March 17 earnings.
03/06/2026, 12:26 PM • Benzinga
Oil Shock Ripples Through Markets as Iran Conflict Ignites Energy Rally
Escalating U.S.-Israel-Iran tensions triggered crude oil prices to surge above $86/barrel, driven by concerns over potential disruptions to the Strait of Hormuz. Small-cap oil exploration and production companies rallied sharply, with Trio Petroleum and Battalion Oil leading gains. Energy diversification plays like U.S. Energy Corp. and Turbo Energy also gained visibility as investors seek exposure to both traditional energy and alternative energy solutions.
03/06/2026, 10:41 AM • GlobeNewswire
Trio Petroleum's Cooling Off After Hours After 169% Rally — What Made TPET Shoot Up?
Trio Petroleum (TPET) surged 169% intraday on Middle East geopolitical tensions, including U.S.-Israeli strikes on Iran and the closure of the Strait of Hormuz, which raised crude oil supply concerns. However, the stock fell 8.83% in after-hours trading, closing at $1.03. The company holds assets in California's South Salinas project and other oil-rich regions, making it sensitive to commodity prices and regional instability.
03/03/2026, 3:09 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/03/2026
Company Profile
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.
Key Executives
- Robin Ross
- Gregory L. Overholtzer
Current Ownership Distribution
- Other5.4M (52.30%)
- Insiders3.8M (36.15%)
- Mutual Funds721,033 (6.93%)
- Institutions482,229 (4.63%)