Trio Petroleum Corp (AMEX: TPET) has seen a rise in its stock price by 15.93 in relation to its previous close of 1.13. However, the company has experienced a 18.02% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-23 that California, May 23, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, has decided to suspend operations at McCool Ranch and will terminate its efforts to acquire a working interest in the project. We have made this determination, because, under previously negotiated terms, natural gas prices and water disposal costs, particularly in California, where McCool Ranch is located, makes it cost prohibitive for the Company to employ cyclic-steam operations to increase production and will not be economically feasible in the long run. The Company has decided to focus its efforts on other sites which it believes will be more economically feasible, and hopefully generate greater profits for the Company.
Is It Worth Investing in Trio Petroleum Corp (AMEX: TPET) Right Now?
The stock has a 36-month beta value of -5.62.
The public float for TPET is 7.18M, and at present, short sellers hold a 8.66% of that float. On June 12, 2025, the average trading volume of TPET was 224.14K shares.
TPET’s Market Performance
TPET’s stock has seen a 18.02% increase for the week, with a 2.34% rise in the past month and a 3.97% gain in the past quarter. The volatility ratio for the week is 6.96%, and the volatility levels for the past 30 days are at 4.87% for Trio Petroleum Corp The simple moving average for the past 20 days is 12.83% for TPET’s stock, with a -35.51% simple moving average for the past 200 days.
TPET Trading at 5.45% from the 50-Day Moving Average
After a stumble in the market that brought TPET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.40% of loss for the given period.
#####
#####
Insider Trading
Reports are indicating that there were more than several insider trading activities at TPET starting from PERNICE THOMAS J, who sale 1,250 shares at the price of $1.73 back on Jan 15 ’25. After this action, PERNICE THOMAS J now owns 17,750 shares of Trio Petroleum Corp, valued at $2,162 using the latest closing price.
PERNICE THOMAS J, the Director of Trio Petroleum Corp, sale 2,750 shares at $1.08 during a trade that took place back on Dec 09 ’24, which means that PERNICE THOMAS J is holding 19,000 shares at $2,981 based on the most recent closing price.
Stock Fundamentals for TPET
Current profitability levels for the company are sitting at:
- -26.76 for the present operating margin
- 0.99 for the gross margin
The net margin for Trio Petroleum Corp stands at -42.59. The total capital return value is set at -0.51. Equity return is now at value -66.55, with -55.13 for asset returns.
Based on Trio Petroleum Corp (TPET), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -12.75. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -2.63.
Currently, EBITDA for the company is -7.51 million with net debt to EBITDA at 0.23. When we switch over and look at the enterprise to sales, we see a ratio of 36.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
To sum up, Trio Petroleum Corp (TPET) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
