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

1.20

Mkt cap

8.7M

Volume

141K

High

1.29

P/E Ratio

-0.29

52-wk high

14.40

Low

1.20

Div yield

N/A

52-wk low

0.79

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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

Trio Petroleum Corp shares are trading higher after the company completed its first two exploratory wells.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:18 pm

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