Trio Petroleum (TPET) Shares Outstanding (Diluted Average) (2022 - 2026)
Trio Petroleum (TPET) reported Shares Outstanding (Diluted Average) of $10.5 million for Q1 2026, up 111.77% on a YoY basis from $5.0 million in Q1 2025, and up 15.35% quarter-over-quarter from $9.1 million in Q4 2025.
Trio Petroleum (TPET) Shares Outstanding (Diluted Average) (2022 - 2026) Analysis & Trends
Trio Petroleum has reported Shares Outstanding (Diluted Average) for 5 years, with the latest figure at $10.5 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 111.77% year-over-year to $10.5 million; the trailing twelve-month figure through Jan 2026 stood at $10.5 million (up 111.77% YoY), and the FY2025 full-year result was $9.1 million, up 309.51% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $10.5 million, up from $9.1 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $20.7 million in Q3 2023, with the low at $1.2 million in Q4 2023.
- Historically, Shares Outstanding (Diluted Average) has averaged $9.3 million across 5 years, with a median of $8.5 million in 2025.
- Annual changes were most pronounced in 2023 — Shares Outstanding (Diluted Average) plunged 92.2% — and 2025, when it jumped 309.51%.
- Trio Petroleum's Shares Outstanding (Diluted Average) stood at $14.8 million in 2022, then sank by 92.2% to $1.2 million in 2023, then jumped by 92.92% to $2.2 million in 2024, then jumped by 309.51% to $9.1 million in 2025, then increased by 15.35% to $10.5 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $10.5 million (Q1 2026), $9.1 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.23 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 535.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 282.79 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 977.00 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 629.21 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 113.40 Mn |
| 10 | Trio Petroleum | 3.73 Mn | 3.05 Mn | 53,791.00 | 10.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 10.52 Mn |
| Oct 31, 2025 | 9.12 Mn |
| Jul 31, 2025 | 7.97 Mn |
| Apr 30, 2025 | 6.00 Mn |
| Jan 31, 2025 | 4.97 Mn |
| Oct 31, 2024 | 2.23 Mn |
| Jul 31, 2024 | 2.52 Mn |
| Apr 30, 2024 | 2.04 Mn |
| Jan 31, 2024 | 1.58 Mn |
| Oct 31, 2023 | 1.15 Mn |
| Jul 31, 2023 | 20.75 Mn |
| Apr 30, 2023 | 18.46 Mn |
| Jan 31, 2023 | 17.16 Mn |
| Oct 31, 2022 | 14.80 Mn |
| Jul 31, 2022 | 14.38 Mn |
| Apr 30, 2022 | 15.57 Mn |