John Randall Sells 20,000 Shares of Trio Petroleum (NYSEAMERICAN:TPET) Stock

Trio Petroleum Corp. (NYSEAMERICAN:TPET) Director John Randall sold 20,000 shares of Trio Petroleum stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $0.64, for a total transaction of $12,800.00. Following the sale, the director directly owned 155,500 shares of the company’s stock, valued at $99,520. This represents a 11.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Trio Petroleum Stock Performance

Shares of NYSEAMERICAN:TPET opened at $0.48 on Thursday. The firm has a market capitalization of $5.87 million, a PE ratio of -0.57 and a beta of -5.10. Trio Petroleum Corp. has a 52-week low of $0.45 and a 52-week high of $2.29. The firm has a fifty day moving average of $0.78 and a 200 day moving average of $0.96.

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.