Trio Petroleum (TPET) Interest Expenses (2022 - 2026)
Trio Petroleum's Interest Expenses was $2,119 in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 98.6% from $147,552 a year earlier and down 90.5% from the prior quarter.
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Analysis
Trio Petroleum (TPET) Interest Expenses (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trio Petroleum's Interest Expenses was $270,681 through Jul 31, 2026, down 66.3% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $605,515, down 71.4% from FY2024.
- Interest Expenses shows a three-year compound annual growth rate of -28.6% (FY2022 to FY2025).
- In earlier fiscal years, Interest Expenses was $2.12 million in FY2024 (+167.6%), $791,811 in FY2023 (-52.4%) and $1.66 million in FY2022.
- The fiscal Q3 2026 figure marks the lowest quarterly Interest Expenses in data going back to fiscal Q2 2022.
- Compared with a year earlier, Interest Expenses has declined for six straight quarters, with growth averaging 33.2% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was fiscal Q2 2024 (growth of 941.5%); the worst was fiscal Q3 2026 (a decline of 98.6%).
- Per Business Quant data, TPET's Interest Expenses in the three fiscal quarters before Q3 2026 was $22,385 (Q2 2026), $136,734 (Q1 2026) and $109,443 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Trio Petroleum | 8.94 Mn | -39.01 Mn | 108,153.00 | 2,119.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2,119.00 |
| Apr 30, 2026 | 22,385.00 |
| Jan 31, 2026 | 136,734.00 |
| Oct 31, 2025 | 109,443.00 |
| Jul 31, 2025 | 147,552.00 |
| Apr 30, 2025 | 30,154.00 |
| Jan 31, 2025 | 318,366.00 |
| Oct 31, 2024 | 308,178.00 |
| Jul 31, 2024 | 668,381.00 |
| Apr 30, 2024 | 982,691.00 |
| Jan 31, 2024 | 159,298.00 |
| Oct 31, 2023 | 44,881.00 |
| Apr 30, 2023 | 94,357.00 |
| Jan 31, 2023 | 652,573.00 |
| Oct 31, 2022 | 615,875.00 |
| Jul 31, 2022 | 485,293.00 |
| Apr 30, 2022 | 478,934.00 |
API Access
Trio Petroleum Interest Expenses 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=interest-expenses&ticker=TPET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=TPET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();