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
DateValue
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