Royale Energy (OTCMKTS:ROYL) Posts Earnings Results

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

Royale Energy Trading Up 7.3 %

Royale Energy stock traded up $0.00 during trading on Thursday, hitting $0.04. The company had a trading volume of 26,417 shares, compared to its average volume of 29,353. The company’s 50 day simple moving average is $0.04 and its 200-day simple moving average is $0.05. The stock has a market cap of $3.10 million, a price-to-earnings ratio of -0.88 and a beta of -0.25. Royale Energy has a 1-year low of $0.02 and a 1-year high of $0.08.

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.