# TPET — Trio Petroleum Corp · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** TPET  
**Sources:** 30  
**Published:** 2026-08-09  
**Canonical:** https://app.k3vl4r.com/research/deep-research-tpet-trio-petroleum-corp-catalysts-narrative-risks-1756

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# Trio Petroleum Corp (TPET) — Research Summary as of August 9, 2026

## Company Overview

Trio Petroleum Corp is a micro-cap oil and gas exploration and development company with operations in California (South Salinas Basin), Utah (Asphalt Ridge), and Canadian provinces Saskatchewan and Alberta [[18]](https://www.marketscreener.com/quote/stock/TRIO-PETROLEUM-CORP-152054169/). The stock trades on the NYSE American exchange at a current price of approximately **$0.24** [[1]](https://www.insidearbitrage.com/symbol-metrics/TPET), reflecting a deeply distressed valuation for a company with a market cap estimated around ~$13 million [[17]](https://quantabundancia.com/stocks/tpet).

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## Recent Catalysts (Approximately Last 1–3 Months, May–August 2026)

While granular day-by-day catalysts for the most recent months are limited in the available sources, several notable events from earlier in 2026 provide important context:

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