Trio Petroleum (TPET) Research & Development (2022 - 2025)
Trio Petroleum (TPET) reported Research & Development of -$266.0 for Q3 2025, down 103.3% on a YoY basis from $8054.0 in Q3 2024, and down 102.38% quarter-over-quarter from $11161.0 in Q2 2025.
Trio Petroleum (TPET) Research & Development (2022 - 2025) Analysis & Trends
Trio Petroleum has reported Research & Development for 4 years, with the latest figure at -$266.0 in Q3 2025.
- For the quarter ending Q3 2025, Research & Development fell 103.3% year-over-year to -$266.0; the trailing twelve-month figure through Jul 2025 stood at $80161.0 (down 49.76% YoY), and the FY2024 full-year result was $177416.0, down 29.52% from the prior year.
- Research & Development for Q3 2025 stood at -$266.0, down from $11161.0 in the prior quarter.
- The five-year high for Research & Development was $199637.0 in Q3 2023, with the low at -$266.0 in Q3 2025.
- Historically, Research & Development has averaged $42492.1 across 4 years, with a median of $25415.0 in 2023.
- Annual changes were most pronounced in 2023 — Research & Development soared 7467.74% — and 2025, when it tumbled 103.3%.
- Trio Petroleum's Research & Development stood at $2638.0 in 2022, then surged by 911.79% to $26691.0 in 2023, then surged by 66.89% to $44545.0 in 2024, then tumbled by 100.6% to -$266.0 in 2025.
- The last three Research & Development figures came in at -$266.0 (Q3 2025), $11161.0 (Q2 2025), and $24721.0 (Q1 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | - |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -316,475.27 |
| 10 | Trio Petroleum | 3.88 Mn | 3.19 Mn | 53,791.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |