TPET
Trio Petroleum Corp.0.7955
-0.0341-4.11%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
6.71MP/E (TTM)
-Basic EPS (TTM)
-1.17Dividend Yield
0%Recent Filings
8-K
ATM sales hit $17.4M
Trio Petroleum updated its ATM offering prospectus four times since January 9, 2026, reporting sales of 18,139,045 common shares for $17.4M through Ladenburg Thalmann, leaving $1.6M available under the $19M max. Shares sold rapidly depleted capacity under sales shelf rules. Updates comply with SEC rules while funding operations.
8-K
ATM prospectus amended again
Trio Petroleum updated its ATM offering prospectus four times since January 9, 2026, with Amendment No. 3 on March 5 boosting previously sold shares to $13.4M (15.3M shares) and leaving $4M available for future sales via Ladenburg Thalmann. Sales burned through sales agent limits fast. This refreshes equity firepower under S-3 rules.
8-K
ATM prospectus capacity hiked
Trio Petroleum amended its ATM sales agreement prospectus twice in early March 2026, boosting available common stock for sale to $6.5M after prior sales of $6.9M (9.3M shares). This expands funding capacity under the January pact with Ladenburg Thalmann. Capacity doubled fast. Sales terms unchanged per prior 8-K.
8-K
ATM prospectus amended
Trio Petroleum amended its ATM prospectus on March 3, 2026, updating shares eligible for sale to $3,292,000 under the January agreement with Ladenburg Thalmann, lifting the total offering cap to $6,892,542 after $3,599,885 in prior sales of 7,344,372 shares. This refreshes capacity for ongoing equity raises. Sales proceed at market.
10-K
FY2025 results
Trio Petroleum grew revenues 87% to $398,734 for FY2025 ended October 31, 2025, driven by Saskatchewan heavy oil assets acquired from Novacor in April 2025, shipping ~8,400 barrels versus ~2,900 prior year—yet netted a $7.3M loss amid $612K McCool Ranch abandonment and $2.6M operating cash burn. Canadian wells (all five active) fueled topline momentum, while California ops idled pending permits and JV talks. ATM equity raised $3.5M net; $467K August convertibles remain. No annual guidance disclosed. Going concern doubts persist from $27M accumulated deficit.
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