Trio Petroleum (TPET) Research & Development (2022 - 2026)
Trio Petroleum (TPET) recorded Research & Development of $37,214 in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with -$266.00 a year earlier and up 30.9% from the prior quarter.
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Analysis
Trio Petroleum (TPET) Research & Development (2022 - 2026) Analysis & Trends
On a TTM basis, Trio Petroleum's Research & Development came in at $95,308 as of Jul 31, 2026, up 18.9% year-over-year; for FY2025 (ended Oct 31, 2025), it was $45,594, down 74.3% from FY2024.
- Annual Research & Development has a three-year compound annual growth rate of 16.7% (FY2022 to FY2025).
- Across earlier fiscal years, Research & Development came in at $177,416 in FY2024 (-29.5%), $251,743 in FY2023 (+778.1%) and $28,669 in FY2022.
- The fiscal Q3 2026 figure is the highest quarterly Research & Development since fiscal Q4 2024.
- On a year-over-year basis, Research & Development rose in two of the last six quarters, with an average decline of 3.2%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 154.7% in fiscal Q2 2026, against a decline of 96.0% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $28,426 (Q2 2026), $19,690 (Q1 2026) and $9,978 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 277.00 Mn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | -95.00 Mn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Trio Petroleum | 9.05 Mn | -38.91 Mn | 108,153.00 | 37,214.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 37,214.00 |
| Apr 30, 2026 | 28,426.00 |
| Jan 31, 2026 | 19,690.00 |
| Oct 31, 2025 | 9,978.00 |
| Jul 31, 2025 | -266.00 |
| Apr 30, 2025 | 11,161.00 |
| Jan 31, 2025 | 24,721.00 |
| Oct 31, 2024 | 44,545.00 |
| Jul 31, 2024 | 8,054.00 |
| Apr 30, 2024 | 40,223.00 |
| Jan 31, 2024 | 84,594.00 |
| Oct 31, 2023 | 26,691.00 |
| Jul 31, 2023 | 199,637.00 |
| Apr 30, 2023 | 25,415.00 |
| Jul 31, 2022 | 2,638.00 |
API Access
Trio Petroleum Research & Development 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=research-and-development&ticker=TPET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=TPET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();