Trio Petroleum Corp. Files 2024 Annual Report Amendment
Ticker: TPET · Form: 10-K/A · Filed: Feb 27, 2025 · CIK: 1898766
| Field | Detail |
|---|---|
| Company | Trio Petroleum Corp. (TPET) |
| Form Type | 10-K/A |
| Filed Date | Feb 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, annual-report, oil-gas, financials
Related Tickers: TPET
TL;DR
Trio Petroleum filed its amended 2024 10-K, showing financial updates for 2022-2024.
AI Summary
Trio Petroleum Corp. filed an amendment (10-K/A) to its annual report on February 27, 2025, for the fiscal year ending October 31, 2024. The filing includes financial data for the fiscal years 2022, 2023, and 2024, detailing changes in common stock, additional paid-in capital, retained earnings, and share subscription receivables. The company is involved in crude petroleum and natural gas extraction.
Why It Matters
This amendment provides updated financial information for Trio Petroleum Corp., crucial for investors and stakeholders to assess the company's financial health and performance over the past three fiscal years.
Risk Assessment
Risk Level: medium — As a company in the volatile oil and gas sector, Trio Petroleum faces inherent risks related to commodity prices and operational challenges, which are reflected in its financial reporting.
Key Numbers
- 2024-10-31 — Fiscal Year End (The end date for the reporting period covered by the 10-K/A.)
- 2023-10-31 — Prior Fiscal Year End (Represents the previous fiscal year's financial data included in the filing.)
- 2022-10-31 — Fiscal Year End 2022 (Represents financial data from two years prior to the current reporting period.)
Key Players & Entities
- Trio Petroleum Corp. (company) — Filer of the 10-K/A
- 0001898766 (company) — Central Index Key for Trio Petroleum Corp.
- 20241031 (date) — Fiscal year end for the reported period
- 20250227 (date) — Filing date of the 10-K/A
- 5401 BUSINESS PARK, SUITE 115 (location) — Business and mailing address
- BAKERSFIELD, CA (location) — City and State of business address
FAQ
What specific financial adjustments or corrections are detailed in this 10-K/A filing?
This filing is an amendment to the annual report, indicating potential corrections or updates to previously filed financial information for the fiscal year ending October 31, 2024, though the specific nature of the adjustments is not detailed in the provided header information.
What is the primary business of Trio Petroleum Corp. according to this filing?
Trio Petroleum Corp. is engaged in the extraction of Crude Petroleum & Natural Gas, as indicated by its Standard Industrial Classification code [1311].
When was Trio Petroleum Corp.'s fiscal year end?
Trio Petroleum Corp.'s fiscal year end is October 31st.
What is the filing date of this amended 10-K report?
This amended 10-K report (10-K/A) was filed on February 27, 2025.
What financial statement line items are specifically mentioned in relation to the fiscal years 2022, 2023, and 2024?
The filing references changes and balances for us-gaap:CommonStockMember, TPET:ShareSubscriptionReceivablesMember, us-gaap:AdditionalPaidInCapitalMember, and us-gaap:RetainedEarningsMember for the fiscal years ending October 31, 2022, 2023, and 2024.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on February 27, 2025 regarding Trio Petroleum Corp. (TPET).