Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Trio PetroleumTPET -8.60%35 Debt-to-Equity is 0.00 as of Apr. 2026. GuruFocus rates TPET with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 797 Oil & Gas companies, Trio Petroleum ranks better than 99.87% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Trio Petroleum's Debt-to-Equity or its related term are showing as below:
TPET'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 2.55
Current: 0.01
During the past 5 years, the highest Debt-to-Equity Ratio of Trio Petroleum was 2.55. The lowest was 0.01. And the median was 0.13.
TPET's Debt-to-Equity is ranked better than 99.87% of 797
companies
in the Oil & Gas industry
Industry Median: 0.46
vs TPET: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Trio Petroleum Debt-to-Equity Related Terms
Trio Petroleum Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Trio Petroleum's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TPET vs NRIS, BRN, GULTU: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Trio Petroleum's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trio Petroleum Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trio Petroleum's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Trio Petroleum's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Trio Petroleum (TPET) has a Debt-to-Equity of 0.00 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Trio Petroleum and its competitors. Over the past decade, Trio Petroleum's Debt-to-Equity has ranged from 0.01 to 2.55. According to the industry distribution chart, Trio Petroleum ranks #1 out of 797 companies in the Oil & Gas industry, placing it in the top 0.099999999999994%.
Is Trio Petroleum's Debt-to-Equity too high?
Trio Petroleum's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.55. Based on the distribution chart, Trio Petroleum ranks #1 out of 797 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Trio Petroleum has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Debt-to-Equity compare to NRIS and BRN?
According to the Oil & Gas industry distribution chart, Trio Petroleum ranks #1 out of 797 companies for Debt-to-Equity. This places Trio Petroleum in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. Historically, Trio Petroleum's own Debt-to-Equity has ranged from 0.01 to 2.55 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Trio Petroleum and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trio Petroleum's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Trio Petroleum's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Debt-to-Equity is 0.00 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
35GF Score
Get the complete analysis for TPET
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPET has been successfully added to your 
