TPET (Trio Petroleum) EBIT: $-6.07 Mil (TTM As of Apr. 2026)


TPET Trio Petroleum Corp TPET
34 GF Score
Price $0.29
! 5 Warning Signs
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What is Trio Petroleum EBIT?

Trio Petroleum TPET +0.80% 34 EBIT is $-6.07 Mil as of Apr. 2026. GuruFocus rates TPET with a GF Score™ of 34/100. The stock has 5 warning signs investors should review.

Trio Petroleum's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was $-1.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was $-6.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trio Petroleum's annualized ROC % for the quarter that ended in Apr. 2026 was -41.78%. Trio Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -40.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trio Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -49.19%.

Trio Petroleum  (AMEX:TPET) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Trio Petroleum's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-5.62 * ( 1 - 0% )/( (13.477 + 13.428)/ 2 )
=-5.62/13.4525
=-41.78 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=14.165 - 1.589 - ( 0.685 - max(0, 1.804 - 0.903+0.685))
=13.477

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=35.724 - 0.837 - ( 22.098 - max(0, 0.999 - 22.458+22.098))
=13.428

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Trio Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.38/( ( (13.262 + max(-1.418, 0)) + (13.266 + max(-0.639, 0)) )/ 2 )
=-5.38/( ( 13.262 + 13.266 )/ 2 )
=-5.38/13.264
=-40.56 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.042 + 0 + 0.176) - (1.589 + 0 + 0.047)
=-1.418

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.107 + 0 + 0.253) - (0.837 + 0 + 0.162)
=-0.639

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Trio Petroleum's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=-6.067/12.334
=-49.19 %

* 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 EBIT Related Terms

Trio Petroleum EBIT Historical Data

* Premium members only.

The historical data trend for Trio Petroleum's EBIT 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.

Trio Petroleum EBIT Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
EBIT
0.00 -2.14 -5.75 -7.51 -6.68

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.53 -1.24 -2.61 -0.88 -1.35

TPET vs BRN, GULTU, ROYL: EBIT Comparison

For the Oil & Gas E&P subindustry, Trio Petroleum's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trio Petroleum's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Trio Petroleum's EV-to-EBIT falls into.


TPET
34GF Score
Trio Petroleum Corp TPET
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Trio Petroleum EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.07 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-6.07 Mil mean?
Trio Petroleum (TPET) has a EBIT of $-6.07 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trio Petroleum.
Is Trio Petroleum's EBIT too high?
Trio Petroleum's current EBIT is $-6.07 Mil. Overall, Trio Petroleum has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's EBIT compare to BRN and GULTU?
Trio Petroleum's EBIT of $-6.07 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trio Petroleum. Trio Petroleum's current EBIT is $-6.07 Mil. 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 EBIT of $-6.07 Mil. The current EBIT is $-6.07 Mil. Trio Petroleum's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Trio Petroleum (TPET), the current EBIT is $-6.07 Mil 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 Business Description

Industry EnergyOil & Gas
Address 23823 Malibu Road, Suite 304, Malibu, CA, USA, 90265
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.
34GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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