Insider Selling: Trio Petroleum Corp. (NYSEAMERICAN:TPET) Director Sells 190,000 Shares of Stock

Trio Petroleum Corp. (NYSEAMERICAN:TPET) Director Frank C. Ingriselli sold 190,000 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $0.27, for a total value of $51,300.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Trio Petroleum Stock Up 3.5 %

Shares of TPET stock traded up $0.01 on Monday, reaching $0.29. 1,028,901 shares of the stock were exchanged, compared to its average volume of 13,486,785. The company has a market cap of $14.71 million, a P/E ratio of -1.09 and a beta of -8.81. Trio Petroleum Corp. has a one year low of $0.08 and a one year high of $1.58.

Trio Petroleum (NYSEAMERICAN:TPET) last announced its quarterly earnings data 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

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.