Streetbeat News

TPET

Trio Petroleum Corp.

Industry

Oil & Gas Exploration & Production

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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Trio Petroleum Corp (NYSE American: TPET) provided an update on its Asphalt Ridge Project in Uintah County, Utah. The company reported encouraging initial results from production testing with a downhole-heater at the 2-4 well and plans to use a more powerful heater. First oil production is expected in August-September 2024, with the drilling of a third well planned for the same period. The option period to acquire the remaining 17.75% working interest has been extended to October 10.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:55 pm

Palantir Technologies Inc (NYSE:PLTR) shares surged 9.6% in pre-market trading after reporting better-than-expected Q2 results. Other notable pre-market movers include Lytus Technologies Holdings (NASDAQ:LYT), Lumen Technologies (NYSE:LUMN), CNS Pharmaceuticals (NASDAQ:CNSP), AgriFORCE Growing Systems (NASDAQ:AGRI), and SunPower Corporation (NASDAQ:SPWR).

Portfolio Pulse from Avi Kapoor

August 06, 2024 | 9:16 am

Trio Petroleum Corp (NYSE American: TPET) has appointed co-founder and Chairman Robin Ross as its new CEO, effective July 11, 2024. Ross played a key role in taking the company public and funding its initial projects.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 11:12 am

Trio Petroleum Corp (NYSE American: TPET) received its first revenue payment in June for its share of revenue from April oil sales at McCool Ranch Field in Monterey County, California. The HH-1 well at McCool Ranch is producing steadily at approximately 30 barrels of oil per day (BOPD).

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:35 pm

Trio Petroleum has announced significant changes in its leadership. Robin Ross returns as Chairman of the Board, Stan Eschner transitions to Vice Chairman, and former CEO Frank Ingriselli resigns as Director effective June 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 12:11 pm

U.S. stocks traded mixed with the Nasdaq Composite gaining around 100 points. CoreCivic shares plummeted after receiving a termination notice from ICE. Calavo Growers reported strong Q2 results, boosting its stock. Trio Petroleum, CuriosityStream, and Airship AI saw significant gains, while Target Hospitality and Barnes & Noble Education experienced sharp declines.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 6:31 pm

Trio Petroleum Corp. (NYSE:TPET) shares surged 62% after announcing the successful completion of its first two exploratory wells in Utah. The company projects significant oil recovery and plans further expansion.

Portfolio Pulse from Dylan Berman

June 11, 2024 | 6:02 pm

Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply by 18.4% after the company announced a $15 million underwritten public offering. Other notable stock movements include Trio Petroleum Corp. (NYSE:TPET) jumping 88.2% after completing its first two exploratory wells, and Airship AI Holdings, Inc. (NASDAQ:AISP) climbing 32.5% following a contract award from the Department of Justice.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 5:54 pm

U.S. stocks traded lower with the Dow Jones falling over 200 points. Yext shares dropped 5% after disappointing Q1 results and weak Q2 guidance. Trio Petroleum, CuriosityStream, and Airship AI saw significant gains, while Target Hospitality, Barnes & Noble Education, and CoreCivic experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 4:12 pm

U.S. stocks traded lower with the Dow Jones falling over 200 points. The NFIB Small Business Optimism Index rose to 90.5 in May. Trio Petroleum, Nauticus Robotics, and Airship AI Holdings saw significant gains, while Target Hospitality, Big Tree Cloud Holdings, and CoreCivic experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 1:41 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.