Trio Petroleum CORP

Market Movers (8-K)

AMEX
Trio Petroleum Corp has increased the base salary and equity incentives for its CEO and granted additional stock to its CFO.
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Trio Petroleum Corp. has filed an 8-K detailing amendments to its At Market Issuance Sales Agreement, increasing the potential offering amount and noting it is no longer subject to certain sales limitations.
Capital raise
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Trio Petroleum Corp. has extended the deadline for its non-binding Letter of Intent to acquire oil and gas assets from Heavy Sweet Oil LLC, pushing the target production rate date to May 15, 2028.
Delay expected
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Trio Petroleum Corp. has filed an 8-K detailing multiple amendments to its At Market Issuance Sales Agreement, progressively increasing the maximum aggregate offering amount for its common stock.
Capital raise
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Trio Petroleum Corp. has filed multiple amendments to its prospectus supplement, detailing ongoing adjustments to its At Market Issuance Sales Agreement and the aggregate offering amounts.
Capital raise
AMEX
Trio Petroleum Corp. has filed multiple amendments to its prospectus supplement, detailing ongoing adjustments to its At Market Issuance Sales Agreement and the aggregate offering amounts.
Capital raise

Quarterly Earnings (10-Q)

AMEX
Trio Petroleum Corp. reports significant revenue growth and improved liquidity following successful equity financings, despite ongoing operational costs.
Capital raise
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Trio Petroleum Corp. reported a net loss of $1.39 million for Q3 2025, an improvement from the prior year, while increasing revenue from new Canadian assets and addressing going concern doubts through recent financings.
Worse than expected
Capital raise
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Trio Petroleum Corp. announced a significant reduction in net losses for the three and six months ended April 30, 2025, driven by lower operating and interest expenses, despite a sharp decline in revenue and the abandonment of its McCool Ranch and certain South Salinas leases, raising substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp. reports its first quarter results for fiscal year 2025, highlighting revenue generation and continued progress in its development projects.
Capital raise
Worse than expected
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Trio Petroleum Corp. reported its first revenue in Q3 2024, while continuing development and exploration activities across its oil and gas assets.
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp. reported its first revenue in the second quarter of 2024, but continues to experience significant losses and faces going concern challenges.
Worse than expected
Capital raise

Annual Reports (10-K)

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Trio Petroleum Corp. reported increased revenue and reduced net loss for fiscal 2025, driven by Canadian acquisitions, while facing ongoing liquidity concerns and strategic shifts away from high-cost California operations.
Worse than expected
Capital raise
Delay expected
AMEX
Trio Petroleum Corp. files an amendment to its annual report to address SEC comments, update auditor's consent, and include new certifications, with no impact on previously reported financial figures.
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp. refiled its financial statements for the years ended October 31, 2024 and 2023, to correct the number of authorized shares of common and preferred stock, with no impact on financial figures or the company's financial position.
AMEX
Trio Petroleum Corp. refiled its financial statements for the years ended October 31, 2024 and 2023, to replace the auditor's report and consent, while also acknowledging substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp.'s FY24 results reveal revenue generation but also highlight ongoing net losses and substantial doubt about the company's ability to continue as a going concern.
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp. has reissued its financial statements for the fiscal years ended October 31, 2023 and 2022, due to a change in independent registered public accounting firms.
Worse than expected
Capital raise

Insider Trading (Form 4)

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Director Thomas Pernice sold 25,000 shares of Trio Petroleum Corp to cover tax obligations related to restricted stock.
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Trio Petroleum Corp's CEO, Robin A. Ross, has sold 25,000 shares of common stock to cover tax obligations related to restricted stock issuance.
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Director Thomas J. Pernice sold 25,000 shares of Trio Petroleum Corp to cover tax obligations related to restricted stock.
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Trio Petroleum Corp CEO Robin A. Ross sold 12,500 shares of common stock to satisfy tax obligations related to restricted stock vesting.
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Trio Petroleum Corp. Director John Randall sold 15,000 shares of common stock for an average price of $0.51 per share to cover tax obligations related to restricted stock issuance.
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Trio Petroleum Corp. Director Thomas J. Pernice reported a sale of 25,000 shares of common stock to cover tax obligations related to restricted stock issuance.

Proxy Statements (Def-14A)

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Trio Petroleum Corp seeks shareholder approval for a reverse stock split and an increase in shares reserved under its 2022 Equity Incentive Plan.
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Trio Petroleum Corp. has filed a Definitive Proxy Statement (DEFA14A) with the U.S. Securities and Exchange Commission.
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Trio Petroleum Corp. is convening its 2025 Annual Meeting to vote on key proposals including a significant reduction in authorized common stock, a substantial increase in its equity incentive plan, and the re-election of two Class II directors.
Capital raise
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Trio Petroleum Corp. files a definitive proxy statement with the SEC, indicating upcoming shareholder actions.
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Trio Petroleum Corp. is asking stockholders to approve a reverse stock split and amendments to its equity incentive plan at the upcoming annual meeting on August 15, 2024.

New Public Companies (S-1)

AMEX
Trio Petroleum Corp. announces a reasonable best-efforts public offering of up to 5,882,353 shares of common stock and pre-funded warrants to fund its oil and gas exploration and development projects.
Worse than expected
Capital raise
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Trio Petroleum Corp. aims to secure $8 million via a public offering of common stock and pre-funded warrants, intending to use proceeds for debt repayment, Asphalt Ridge project expansion, and general corporate needs.
Capital raise
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Trio Petroleum Corp. is launching a public offering to sell shares of common stock and pre-funded warrants, aiming to raise $5 million for debt repayment, project development, and general corporate purposes.
Capital raise
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Trio Petroleum Corp. is launching a best-efforts offering of up to 40,816,327 shares of common stock and pre-funded warrants to advance its oil and gas projects in California and Utah.
Worse than expected
Delay expected
Capital raise
AMEX
Trio Petroleum Corp. is launching a best-efforts public offering to sell common stock and pre-funded warrants, aiming to raise up to $10 million for debt repayment, project development, and general corporate purposes.
Worse than expected
Capital raise
AMEX
Trio Petroleum Corp. has filed a registration statement for the resale of up to 4,088,980 shares of common stock issuable upon conversion of a note and exercise of warrants.
Capital raise

Schedule 13D - Activist Investments

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Trio Petroleum Corp's CEO and Director, Robin A. Ross, filed a Schedule 13D disclosing a 6.00% beneficial ownership stake and a recent sale of 37,500 shares.
Worse than expected

Schedule 13G - Passive Investments

AMEX
Ayrton Capital LLC, Alto Opportunity Master Fund, SPC Segregated Master Portfolio B, and Waqas Khatri have jointly disclosed a passive beneficial ownership of 0.10% in Trio Petroleum Corp.'s common stock as of December 31, 2024.