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TPET (Trio Petroleum) Pre-Tax Income : $-9.54 Mil (TTM As of Jan. 2025)


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What is Trio Petroleum Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Trio Petroleum's pretax income for the three months ended in Jan. 2025 was $-1.62 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jan. 2025 was $-9.54 Mil. Trio Petroleum's pretax margin was -14,690.91%.

During the past 4 years, Trio Petroleum's highest Pretax Margin was -4259.38%. The lowest was -4519.72%. And the median was -4519.72%.


Trio Petroleum Pre-Tax Income Historical Data

The historical data trend for Trio Petroleum's Pre-Tax Income 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.

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Trio Petroleum Pre-Tax Income Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Pre-Tax Income
- -3.80 -6.54 -9.63

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.70 -4.05 -2.18 -1.70 -1.62

Competitive Comparison of Trio Petroleum's Pre-Tax Income

For the Oil & Gas E&P subindustry, Trio Petroleum's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trio Petroleum's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Trio Petroleum's Pre-Tax Income falls into.


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Trio Petroleum Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Trio Petroleum's Pretax Income for the fiscal year that ended in Oct. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-6.218+-1.291+-2.119+0+0.00099999999999945
=-9.63

Trio Petroleum's Pretax Income for the quarter that ended in Jan. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.216+-0.081+-0.318+0+-0.0010000000000001
=-1.62

Pre-Tax Income for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.54 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.


Trio Petroleum  (AMEX:TPET) Pre-Tax Income Explanation

Trio Petroleum's Pretax Margin for the quarter that ended in Jan. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.616/0.011
=-14,690.91%

During the past 4 years, Trio Petroleum's highest Pretax Margin was -4259.38%. The lowest was -4519.72%. And the median was -4519.72%.

* 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 Pre-Tax Income Related Terms

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Trio Petroleum Business Description

Traded in Other Exchanges
N/A
Address
5401 Business Park South, Suite 115, Bakersfield, CA, USA, 93309
Trio Petroleum Corp. is an oil and gas exploration and development company. The Company has operations in Monterey County, California, and Uintah County, Utah. The Company has an 85.75% working interest in the South Salinas Project, and a mineral-leasehold of approximately 9,300 gross mineral acres in one largely contiguous land package. There are six existing idle wells and one active well (the HV-1 well) in the South Salinas Project. 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.
Executives
Thomas J Pernice director 227 WEST MONROE, SUITE 3900, CHICAGO IL 60606
Frank C Ingriselli director, officer: Chief Executive Officer 250 EAST HARTSDALE AVE, HARTSDALE NY 10530
John W. Randall director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Gregory L Overholtzer officer: Chief Financial Officer 120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
John Hunter William director 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Robin A. Ross director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Steve Rowlee officer: Chief Operating Officer C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Terry Eschner officer: President C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Stanford Eschner director, officer: Executive Chairman C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506