Royale Energy (OTCMKTS:ROYL) Issues Earnings Results

Royale Energy (OTCMKTS:ROYL) released its quarterly earnings data on Friday. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $0.57 million during the quarter.

Royale Energy Price Performance

Shares of OTCMKTS ROYL traded down $0.03 during midday trading on Friday, reaching $0.06. 4,050 shares of the stock traded hands, compared to its average volume of 6,990. The stock has a market capitalization of $6.09 million, a PE ratio of -2.10 and a beta of -0.93. Royale Energy has a one year low of $0.00 and a one year high of $0.19. The company’s 50 day moving average is $0.09 and its 200 day moving average is $0.07.

Royale Energy Company Profile

Royale Energy, Inc. is an independent oil and natural gas exploration and production company. The company has historically focused on acquiring, exploring, developing and operating oil and gas properties in the United States. Royale Energy’s activities have included drilling and completing wells, managing producing properties, and pursuing additional exploration opportunities. Its operations have primarily been associated with California, including the Sacramento and San Joaquin basins, with historical interests also reported in other U.S. regions.