TPET · Trio Petroleum Corp
$0.25
+0.00 (+1.03%)
At close · Aug 14
Going-concern doubt
— cleared Jun 11, 2026
The latest filing states the doubt was alleviated.
“These factors previously raised substantial doubt about the Company's ability to continue as a going concern. Based on the additional capital raised during the six months ended April 30, 2026, the expanded ATM capacity available subsequent to the balance sheet date, and management's operating plans, management concluded that its plans are probable of being effectively implemented and sufficient to address the Company's liquidity needs for the twelve-month period following the issuance of these condensed consolidated financial statements. Accordingly, substantial doubt does not exist as of the date these condensed consolidated financial statements are issued.”View the 10-Q filed Jun 11, 2026
Market Cap
$10.89M
Shares
44.27M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Frank Ingriselli | Chief Executive Officer and Vice Chairman | $534,000 |
| Michael L. Peterson | Chief Executive Officer | $40,512 |
| Ron Bauer | Chief Executive Officer | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Frank Ingriselli | Chief Executive Officer and Vice Chairman | $191,725 |
| Greg Overholtzer | Chief Financial Officer | $31,173 |
| Michael L. Peterson | Chief Executive Officer | — |
| Ron Bauer | Chief Executive Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Stanford Eschner | Vice Chairman and a director | Resigned | 2025-08-05 |
| Steven Rowlee | Chief Operating Officer | Terminated | 2025-01-08 |
| James Blake | Class II Director | Appointed | 2024-10-23 |
| Robin Ross | Chief Executive Officer | Appointed | 2024-07-15 |
| Michael L. Peterson | Director | Resigned | 2024-07-15 |
| Michael L. Peterson | Chief Executive Officer | Resigned | 2024-07-15 |
| Stan Eschner | Chairman of the Board | Resigned | 2024-06-21 |
| Robin Ross | Director | Appointed | 2024-06-21 |
| Robin Ross | Chairman of the Board | Appointed | 2024-06-21 |
| Frank C. Ingriselli | director | Resigned | 2024-06-21 |
| Michael L. Peterson | Chief Executive Officer | Appointed | 2023-10-17 |
| Frank C. Ingriselli | Chief Executive Officer | Resigned | 2023-10-17 |
| Robin Ross | director | Resigned | 2023-05-09 |
Key facts
CIK
1898766
CUSIP
89669L207
13F (30d)
15 filings
15 filers
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