Trio Petroleum (TPET) Research & Development (2022 - 2026)
Trio Petroleum's (TPET) quarterly Research & Development came in at $28426.0 in Q2 2026, up 154.69% YoY from $11161.0 in Q2 2025, and up 44.37% on a QoQ basis from $19690.0 in Q1 2026.
Trio Petroleum (TPET) Research & Development (2022 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 5 years of Research & Development data on file, last reported at $28426.0 in Q2 2026.
- Quarterly Research & Development rose 154.69% year-over-year to $28426.0 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $57828.0 (down 34.64% YoY) and the FY2025 annual result came in at $45594.0, down 74.3% from the prior year.
- Research & Development grew to $28426.0 in Q2 2026, from $19690.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $199637.0 in Q3 2023 to a low of -$266.0 in Q3 2025.
- A 5-year average of $37536.2 and a median of $25068.0 in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development soared 7467.74% — and 2025, when it tumbled 103.3%.
- Tracing TPET's Research & Development over 5 years: 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 plunged by 77.6% to $9978.0 in 2025, then soared by 184.89% to $28426.0 in 2026.
- The last three Research & Development figures came in at $28426.0 (Q2 2026), $19690.0 (Q1 2026), and $9978.0 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.50 Bn | 155.81 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.53 Bn | 104.64 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.14 Bn | 75.24 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Woodside Energy | 46.08 Bn | 40.14 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 34.01 Bn | 33.89 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.39 Bn | 26.15 Bn | - | - |
| 10 | Trio Petroleum | 5.84 Mn | -16.26 Mn | -106,063.00 | 28,426.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |