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Trio Petroleum Corp

NYSE:TPET
US$1.59Close 7 Oct 2026 · delayed

Past year: ▲ 1290%(3.12c – 1.84 USD)

Market cap
A$92.7m
Shares on issue
41.2m
In-ground value
A$178m
Risked multiple
1.92×
Story beats
25 since 2023
Last event
5 Jan 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

13 Feb 2026director interest notice● Neutral

Trio Petroleum Corp director Thomas J Pernice sold 25,000 shares at $0.00.

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10 Feb 2026director interest notice● Neutral

Trio Petroleum Corp director John W. Randall sold 20,000 shares at $0.64.

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20 Jan 2026substantial holder notice● Neutral

Robin A. Ross disclosed a new substantial Trio Petroleum Corp shareholding.

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15 Jan 2026director interest notice● Neutral

Trio Petroleum Corp Chief Executive Officer Robin A. Ross sold 37,500 shares at $0.00.

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13 Jan 2026director interest notice● Neutral

Trio Petroleum Corp director Thomas J Pernice sold 25,000 shares at $0.00.

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9 Jan 2026material agreement● Neutral

Opened a new $3.6 million at-the-market equity sales facility with Ladenburg Thalmann, effectively replacing the September 2024 Spartan Capital ATM agreement.

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9 Jan 2026securities registration● Neutral

Trio Petroleum Corp filed a prospectus supplement for an offering off its existing shelf.

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5 Jan 2026asset acquisition disposition▲ GoodMajor

Signed and immediately closed a third, separate deal with Novacor Exploration -- another CD$1 million (~US$730,300) Canadian asset purchase, this time paid entirely in 912,875 shares with no cash component.

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29 Dec 2025capital raising announcement● Neutral

Renewed its investor-relations contract with Redwood Empire Financial Communications for the first half of 2026, paid in 50,000 shares.

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13 Nov 2025director interest notice● Neutral

Trio Petroleum Corp director John W. Randall sold 3,500 shares at $1.05.

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4 Nov 2025asset acquisition disposition▲ Good

Closed the Capital Land Services acquisition: CD$150,000 cash plus 104,227 shares issued.

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27 Oct 2025material agreement● NeutralMajor

Agreed to a second Canadian acquisition -- Alberta mineral leases from Capital Land Services Ltd. for CD$150,000 cash plus CD$150,000 in shares -- contingent on a separate receivership-related transaction (Revitalize Energy Inc., under PwC as court-appointed receiver) closing first.

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12 Sept 2025quarterly activities report▼ Bad

Trio Petroleum Corp reported quarterly revenue of $192 thousand and a net loss of $1.4 million for the period ended 2025-07-31.

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4 Sept 2025securities registration● Neutral

Trio Petroleum Corp registered a securities offering with the SEC using its shelf eligibility.

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25 Aug 2025director interest notice● Neutral

Trio Petroleum Corp Vice Chairman Stanford Eschner received 15,000 shares as part of the equity award.

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18 Aug 2025capital raising announcement▼ BadMajor

Raised $1.2 million from three institutional investors via unsecured convertible notes (15% OID, $1.02 million net), with a new placement agent (Ladenburg Thalmann, replacing Spartan on this deal) and restrictive covenants requiring 25% of any future equity-financing proceeds go toward repaying these notes.

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15 Aug 2025director interest notice● Neutral

Trio Petroleum Corp director James Howard Blake received 250,000 shares as part of the equity award.

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12 Aug 2025director interest notice● Neutral

Trio Petroleum Corp director John W. Randall acquired 175,000 shares and disposed of 12,000 in a set of related equity transactions.

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12 Aug 2025director interest notice● Neutral

Trio Petroleum Corp director John Hunter William received 175,000 shares as part of the equity award.

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12 Aug 2025director interest notice● Neutral

Trio Petroleum Corp Chief Executive Officer Robin A. Ross received 625,000 shares as part of the equity award.

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12 Aug 2025director interest notice● Neutral

Trio Petroleum Corp director Thomas J Pernice received 250,000 shares as part of the equity award.

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12 Aug 2025director interest notice● Neutral

Trio Petroleum Corp Chief Financial Officer Gregory L Overholtzer received 62,500 shares as part of the equity award.

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31 July 2025agm notice● Neutral

Trio Petroleum Corp shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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18 June 2025agm notice● Neutral

Trio Petroleum Corp shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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18 June 2025agm notice● Neutral

Trio Petroleum Corp announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).

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10 June 2025quarterly activities report▼ Bad

Trio Petroleum Corp reported quarterly revenue of $23 thousand and a net loss of $1.6 million for the period ended 2025-04-30.

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3 June 2025agm notice● Neutral

Trio Petroleum Corp shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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29 May 2025material agreement termination▼ BadMajor

Walked away entirely from the McCool Ranch related-party deal with Trio Petroleum LLC, mutually terminating it with no refund of the money already paid -- the October 2023 insider transaction failed to pan out.

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21 May 2025asset acquisition disposition▲ GoodMajor

Closed the Novacor Lloydminster acquisition in full (US$650,000 total: cash plus 526,536 shares) and separately amended its bylaws to lower the shareholder-meeting quorum to just one-third of voting power.

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20 May 2025material agreement● NeutralMajor

Signed a non-binding LOI to acquire Heavy Sweet's separate 2,000-acre P.R. Spring, Utah acreage for $150,000 upfront plus 1,492,272 shares and $850,000 cash at closing, contingent on its existing Asphalt Ridge wells reaching 40 barrels/day sustained production by May 2026. (This filing's cover page lists TPET as trading on Nasdaq rather than NYSE American -- inconsistent with every surrounding filing and likely a template error, not an actual listing change; logged as an issue.)

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