Trio Petroleum (TPET) Asset Utilization Ratio (2025 - 2026)
Trio Petroleum's (TPET) Asset Utilization Ratio stood at 0.02 in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 2.0% from 0.02 a year earlier but down 17.0% from the prior quarter.
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Analysis
Trio Petroleum (TPET) Asset Utilization Ratio (2025 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Trio Petroleum's Asset Utilization Ratio came in at 0.03, up 75.2% from FY2024.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.02 in FY2024.
- Quarterly Asset Utilization Ratio has ranged from 0.01 in fiscal Q2 2025 to 0.04 in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has increased for three consecutive quarters.
- Per Business Quant, the preceding three fiscal quarters came in at 0.03 (Q2 2026), 0.04 (Q1 2026) and 0.03 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | 0.79 |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 0.65 |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 0.44 |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 0.37 |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | 83.27 |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | -0.04 |
| 10 | Trio Petroleum | 7.63 Mn | -40.33 Mn | 108,153.00 | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.02 |
| Apr 30, 2026 | 0.03 |
| Jan 31, 2026 | 0.04 |
| Oct 31, 2025 | 0.03 |
| Jul 31, 2025 | 0.02 |
| Apr 30, 2025 | 0.01 |
| Jan 31, 2025 | 0.02 |
API Access
Trio Petroleum Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TPET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TPET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TPET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();