Trio Petroleum Corp. (NYSEAMERICAN:TPET) Director Sells $51,300.00 in Stock

Trio Petroleum Corp. (NYSEAMERICAN:TPETGet Free Report) Director Frank C. Ingriselli sold 190,000 shares of Trio Petroleum stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $0.27, for a total transaction of $51,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Trio Petroleum Price Performance

Shares of TPET stock opened at $0.27 on Thursday. The stock has a market cap of $13.66 million, a P/E ratio of -1.04 and a beta of -8.81. Trio Petroleum Corp. has a 52 week low of $0.08 and a 52 week high of $1.51.

Trio Petroleum (NYSEAMERICAN:TPETGet Free Report) last posted its quarterly earnings results on Friday, June 14th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $0.07 million for the quarter.

Trio Petroleum Company Profile

(Get Free Report)

Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship project comprises the 85.75% owned working interest in the South Salinas project that consists of approximately 9,300-acre located in Monterey, California. It also owns 22% working interest in the McCool Ranch Oil Field located in Monterey County, California; 2% production interest in the Asphalt Ridge project comprises approximately 960 acres located in southwest of Vernal, Utah; and holds an option agreement to acquire 100% working interest in the Union Avenue Field located in Bakersfield, California.

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