Trio Petroleum (TPET) Interest Expenses (2022 - 2026)
Trio Petroleum's (TPET) quarterly Interest Expenses came in at $22385.0 in Q2 2026, down 25.76% YoY from $30154.0 in Q2 2025, and down 83.63% on a QoQ basis from $136734.0 in Q1 2026.
Trio Petroleum (TPET) Interest Expenses (2022 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 5 years of Interest Expenses data on file, last reported at $22385.0 in Q2 2026.
- Quarterly Interest Expenses fell 25.76% year-over-year to $22385.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $416114.0 (down 68.6% YoY) and the FY2025 annual result came in at $960000.0, down 54.69% from the prior year.
- Interest Expenses slipped to $22385.0 in Q2 2026, from $136734.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.5 million in Q4 2022 to a low of $22385.0 in Q2 2026.
- A 5-year average of $385934.4 and a median of $233738.0 in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 97.08% — and 2024, when it jumped 941.46%.
- Tracing TPET's Interest Expenses over 5 years: stood at $1.5 million in 2022, then tumbled by 97.08% to $44881.0 in 2023, then surged by 586.66% to $308178.0 in 2024, then tumbled by 64.49% to $109443.0 in 2025, then tumbled by 79.55% to $22385.0 in 2026.
- The last three Interest Expenses figures came in at $22385.0 (Q2 2026), $136734.0 (Q1 2026), and $109443.0 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 144.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 973,000.00 |
| 10 | Trio Petroleum | 5.78 Mn | -16.32 Mn | -106,063.00 | 22,385.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 22,385.00 |
| Apr 30, 2026 | 22,385.00 |
| Jan 31, 2026 | 136,734.00 |
| Jan 31, 2026 | 136,734.00 |
| Oct 31, 2025 | 109,443.00 |
| Oct 31, 2025 | 109,443.00 |
| Jul 31, 2025 | 147,552.00 |
| Jul 31, 2025 | 147,552.00 |
| Apr 30, 2025 | 30,154.00 |
| Apr 30, 2025 | 30,154.00 |
| Jan 31, 2025 | 318,366.00 |
| Jan 31, 2025 | 318,366.00 |
| Oct 31, 2024 | 308,178.00 |
| Oct 31, 2024 | 308,178.00 |
| Jul 31, 2024 | 668,381.00 |
| Jul 31, 2024 | 668,381.00 |
| Apr 30, 2024 | 982,691.00 |
| Apr 30, 2024 | 982,691.00 |
| Jan 31, 2024 | 159,298.00 |
| Jan 31, 2024 | 159,298.00 |