Trio Petroleum Corp. (NYSEAMERICAN:TPET) Director Frank C. Ingriselli Sells 190,000 Shares

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

Trio Petroleum Price Performance

NYSEAMERICAN TPET opened at $0.27 on Thursday. The stock has a market cap of $13.66 million, a PE ratio of -1.04 and a beta of -8.81. Trio Petroleum Corp. has a 12 month low of $0.08 and a 12 month high of $1.51.

Trio Petroleum (NYSEAMERICAN:TPET) last issued its quarterly earnings results on Friday, June 14th. The company reported ($0.10) EPS for the quarter. The company had revenue of $0.07 million for the quarter.

About Trio Petroleum

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.