Trio Petroleum Corp（TPET）の株式分析TPETTrio Petroleum Corp

Trio Petroleum Corp. is an oil and gas exploration and development company in California, Saskatchewan, Alberta and Utah. Its projects include South Salinas, Asphalt Ridge and McCool Ranch. In Monterey County, Trio owns an approximately 85.75% working interest in 9,300 acres at the Presidents and Humpback oilfields in the South Salinas Project, and an approximately 22% working interest in 800 acres in the McCool Ranch Field. It is developing the Asphalt Ridge project, one of the Heavy Oil and Tar Sand accumulations in North America. In the Asphalt Ridge project, the Company holds an approximately 2.25% working interest of 960 acres. Asphalt Ridge is a northwest-southeast trending topographic feature that crops-out along the northeast flank of the Uintah Basin. Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company. It owns a mineral lease covering a quarter section located at NW 7-50-1W4 in Alberta. It operates in the Energy sector (CRUDE PETROLEUM & NATURAL GAS industry).

Given the current price of 1.56 and a year-to-date change of -78.84%, Trio Petroleum Corp is not a good buy right now. The RSI of 40.321 indicates a bearish trend, and the forward P/E ratio of 0 suggests a lack of profitability expectations. The main risk is the significant decline in stock price over the past year, which is 83.50%.