Royale Energy (OTCMKTS:ROYL) Issues Earnings Results

Royale Energy (OTCMKTS:ROYL) issued its quarterly earnings data on Tuesday. The oil and gas producer reported ($0.01) earnings per share for the quarter, Zacks reports. The firm had revenue of $0.43 million for the quarter.

Royale Energy Stock Up 7.3 %

ROYL traded up $0.00 during trading on Thursday, hitting $0.04. The company’s stock had a trading volume of 26,417 shares, compared to its average volume of 29,353. Royale Energy has a 12 month low of $0.02 and a 12 month high of $0.08. The firm’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.05. The stock has a market capitalization of $3.10 million, a price-to-earnings ratio of -0.88 and a beta of -0.25.

Royale Energy Company Profile

Royale Energy, Inc acquires, explores for, develops, produces, and sells oil and natural gas properties in the United States. Its principal operations are located in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Colorado. Royale Energy, Inc was incorporated in 1986 and is based in El Cajon, California.