Trio Petroleum (TPET) Operating Expenses (2022 - 2026)
Trio Petroleum (TPET) posted Operating Expenses of $1.3 million for Q2 2026, up 51.32% on a QoQ basis from $858183.0 in Q1 2026, and up 47.07% year-over-year from $882988.0 in Q2 2025.
Trio Petroleum (TPET) Operating Expenses (2022 - 2026) Analysis & Trends
Trio Petroleum's Operating Expenses history runs 5 years deep, the most recent figure standing at $1.3 million for Q2 2026.
- Quarterly Operating Expenses rose 47.07% year-over-year to $1.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $5.5 million (up 9.32% YoY) and the FY2025 annual result came in at $5.5 million, down 14.55% from the prior year.
- Operating Expenses was $1.3 million for Q2 2026 at Trio Petroleum, up from $858183.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $2.6 million in Q4 2025 and bottomed at $89710.0 in Q4 2022.
- A 5-year average of $1.1 million and a median of $1.2 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 1320.92% — and 2025, when it plunged 56.32%.
- Trio Petroleum's Operating Expenses stood at $89710.0 in 2022, then soared by 1320.92% to $1.3 million in 2023, then rose by 8.7% to $1.4 million in 2024, then jumped by 88.8% to $2.6 million in 2025, then tumbled by 50.36% to $1.3 million in 2026.
- Business Quant data shows TPET's Operating Expenses at $1.3 million in Q2 2026, $858183.0 in Q1 2026, and $2.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Trio Petroleum | 7.51 Mn | -14.59 Mn | -106,063.00 | 1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.30 Mn |
| Jan 31, 2026 | 858,183.00 |
| Oct 31, 2025 | 2.62 Mn |
| Jul 31, 2025 | 768,932.00 |
| Apr 30, 2025 | 882,988.00 |
| Jan 31, 2025 | 1.23 Mn |
| Oct 31, 2024 | 1.39 Mn |
| Jul 31, 2024 | 1.57 Mn |
| Apr 30, 2024 | 2.02 Mn |
| Jan 31, 2024 | 1.45 Mn |
| Oct 31, 2023 | 1.27 Mn |
| Jul 31, 2023 | 2.16 Mn |
| Apr 30, 2023 | 1.02 Mn |
| Jan 31, 2023 | 165,708.00 |
| Oct 31, 2022 | 89,710.00 |
| Jul 31, 2022 | 222,857.00 |
| Apr 30, 2022 | 187,453.00 |