Trio Petroleum (TPET) Operating Income (2022 - 2026)
Trio Petroleum's (TPET) quarterly Operating Income came in at -$1.4 million in Q2 2026, down 61.64% YoY from -$3.7 million in Q2 2025, and down 74.62% on a QoQ basis from -$804392.0 in Q1 2026.
Trio Petroleum (TPET) Operating Income (2022 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 5 years of Operating Income data on file, last reported at -$1.4 million in Q2 2026.
- Quarterly Operating Income fell 61.64% year-over-year to -$1.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$5.4 million (down 10.03% YoY) and the FY2025 annual result came in at -$5.3 million, up 15.21% from the prior year.
- Operating Income fell to -$1.4 million in Q2 2026, from -$804392.0 in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$89710.0 in Q4 2022 to a low of -$2.5 million in Q4 2025.
- A 5-year average of -$1.1 million and a median of -$1.2 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income tumbled 1320.92% — and 2025, when it soared 55.4%.
- Tracing TPET's Operating Income over 5 years: stood at -$89710.0 in 2022, then plunged by 1320.92% to -$1.3 million in 2023, then retreated by 2.64% to -$1.3 million in 2024, then sank by 91.97% to -$2.5 million in 2025, then surged by 44.07% to -$1.4 million in 2026.
- The last three Operating Income figures came in at -$1.4 million (Q2 2026), -$804392.0 (Q1 2026), and -$2.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 191.82 Mn |
| 10 | Trio Petroleum | 5.78 Mn | -16.32 Mn | -106,063.00 | -1.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.40 Mn |
| Jan 31, 2026 | -804,392.00 |
| Oct 31, 2025 | -2.51 Mn |
| Jul 31, 2025 | -675,026.00 |
| Apr 30, 2025 | -868,979.00 |
| Jan 31, 2025 | -1.22 Mn |
| Oct 31, 2024 | -1.31 Mn |
| Jul 31, 2024 | -1.51 Mn |
| Apr 30, 2024 | -1.95 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 |