Trio Petroleum Corp. (NYSE MKT:TPET) — Market Cap & Net Worth
Market Cap & Net Worth: Trio Petroleum Corp. (TPET)
Trio Petroleum Corp. (NYSE MKT:TPET) has a market capitalization of $4.74 Million ($4.74 Million) as of May 22, 2026. Listed on the NYSE MKT stock exchange, this USA-based company holds position #28611 globally and #5720 in its home market, demonstrating a -2.46% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Trio Petroleum Corp.'s stock price $0.39 by its total outstanding shares 12300752 (12.30 Million). Analyse Trio Petroleum Corp. operating cash flow efficiency to see how efficiently the company converts income to cash.
Trio Petroleum Corp. Market Cap History: 2023 to 2026
Trio Petroleum Corp.'s market capitalization history from 2023 to 2026. Data shows change from $76.26 Million to $4.74 Million (-78.61% CAGR).
Trio Petroleum Corp. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Trio Petroleum Corp.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
24.49x
Trio Petroleum Corp.'s market cap is 24.49 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2024 | $13.40 Million | $213.20K | -$9.63 Million | 62.87x | N/A |
| 2025 | $9.77 Million | $398.73K | -$7.28 Million | 24.49x | N/A |
Competitor Companies of TPET by Market Capitalization
Companies near Trio Petroleum Corp. in the global market cap rankings as of May 22, 2026.
Key companies related to Trio Petroleum Corp. by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #167 globally with a market cap of $140.77 Billion USD.
- Canadian Natural Resources Ltd (TO:CNQ): Ranked #248 globally with a market cap of $101.22 Billion USD ( CA$139.92 Billion CAD).
- EOG Resources Inc (NYSE:EOG): Ranked #416 globally with a market cap of $65.92 Billion USD.
- Devon Energy Corporation (NYSE:DVN): Ranked #488 globally with a market cap of $53.88 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #167 | ConocoPhillips | NYSE:COP | $140.77 Billion | $120.55 |
| #248 | Canadian Natural Resources Ltd | TO:CNQ | $101.22 Billion | CA$67.17 |
| #416 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $139.98 |
| #488 | Devon Energy Corporation | NYSE:DVN | $53.88 Billion | $47.11 |
Trio Petroleum Corp. Historical Marketcap From 2023 to 2026
Between 2023 and today, Trio Petroleum Corp.'s market cap moved from $76.26 Million to $ 4.74 Million, with a yearly change of -78.61%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $4.74 Million | -51.51% |
| 2025 | $9.77 Million | -27.14% |
| 2024 | $13.40 Million | -82.42% |
| 2023 | $76.26 Million | -- |
End of Day Market Cap According to Different Sources
On May 22nd, 2026 the market cap of Trio Petroleum Corp. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.74 Million USD |
| MoneyControl | $4.74 Million USD |
| MarketWatch | $4.74 Million USD |
| marketcap.company | $4.74 Million USD |
| Reuters | $4.74 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Trio Petroleum Corp.
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship property is the South Salinas project that owns 82.75% working interest comprising approximately 9,300-acre located in Monterey, California. Trio Petroleum Corp. was incorporated in 2021 and is headquartered in Malibu, California.