Trio Petroleum (TPET) Research & Development (2022 - 2026)
Trio Petroleum (TPET) posted Research & Development of $28426.0 for Q2 2026, up 44.37% on a QoQ basis from $19690.0 in Q1 2026, and up 154.69% year-over-year from $11161.0 in Q2 2025.
Trio Petroleum (TPET) Research & Development (2022 - 2026) Analysis & Trends
Trio Petroleum's Research & Development history runs 5 years deep, the most recent figure standing at $28426.0 for 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 was $28426.0 for Q2 2026 at Trio Petroleum, up from $19690.0 in the prior quarter.
- Across five years, Research & Development topped out at $199637.0 in Q3 2023 and bottomed at -$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 slumped 103.3%.
- Trio Petroleum's Research & Development stood at $2638.0 in 2022, then jumped by 911.79% to $26691.0 in 2023, then jumped by 66.89% to $44545.0 in 2024, then slumped by 77.6% to $9978.0 in 2025, then surged by 184.89% to $28426.0 in 2026.
- Business Quant data shows TPET's Research & Development at $28426.0 in Q2 2026, $19690.0 in Q1 2026, and $9978.0 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 109.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 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 | 110.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 25.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 14.00 Mn |
| 10 | Trio Petroleum | 7.51 Mn | -14.59 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 |