Trio Petroleum Corp.
TPET
Rank in Stocks
#29232
Trio Petroleum Corp. operates primarily as an enterprise focused on the... Trio Petroleum Corp. operates primarily as an enterprise focused on the discovery and extraction of oil and natural gas. The company maintains an 85.75% operational stake in the expansive South Salinas project, which encompasses approximately 9,300 acres situated near Monterey, California. Additionally, Trio Petroleum holds the contractual right to acquire a complete 100% working interest in the Union Avenue Field, located within Bakersfield, California. The firm was established in 2021 and manages its principal operations from its headquarters, also in Bakersfield, California.
Share Price
$1.60
Last synced: 2026-11-09
Market Cap
$8.52M
Change (1 day)
5.26%
Change (1 year)
60.00%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
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Category
Energy
Operating Margin for Trio Petroleum Corp. (TPET)
Operating Margin as of November 2026 TTM: -802.48%
According to Trio Petroleum Corp.'s latest financial reports, its current operating margin (TTM) is -802.48%. At the end of 2025 the company had an operating margin of -1,322.21%.
Operating Margin history for Trio Petroleum Corp. from 2021 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -802.48% | -39.31% |
| 2025 | -1,322.21% | -54.66% |
| 2024 | -2,916.32% | 0.00% |
| 2023 | 0.00% | 0.00% |
| 2022 | 0.00% | 0.00% |
| 2021 | 0.00% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 21.92% | -100.03% |
US
|
|
| 45.91% | -100.06% |
HK
|
|
| 32.25% | -100.04% |
CA
|
|
| 50.10% | -100.06% |
US
|
|
| 39.07% | -100.05% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Trio Petroleum Corp.'s operating margin
What is Trio Petroleum Corp.'s operating margin?
Trio Petroleum Corp.'s operating margin is -802.48%, as of Nov 2026.
What was Trio Petroleum Corp.'s operating margin in 2025?
In 2025, Trio Petroleum Corp.'s operating margin was -1,322.21%, compared with -2,916.32% in 2024.
How has Trio Petroleum Corp.'s operating margin changed since 2021?
From 2021 to 2025, Trio Petroleum Corp.'s operating margin was highest in 2023 (0.00%) and lowest in 2024 (-2,916.32%).
How does Trio Petroleum Corp.'s operating margin compare with similar companies?
Trio Petroleum Corp.'s operating margin (-802.48%) is lower than that of all 5 similar companies listed above. The highest among them is Allied Energy, Inc., with 50.10%.