Royale Energy (OTCMKTS:ROYL) Announces Earnings Results

Royale Energy (OTCMKTS:ROYL) posted its quarterly earnings results on Wednesday. The oil and gas producer reported ($0.01) EPS for the quarter, Zacks reports.

Royale Energy Trading Up 0.5%

ROYL traded up $0.00 on Wednesday, hitting $0.04. 6,000 shares of the stock traded hands, compared to its average volume of 25,774. The business has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.04. The firm has a market capitalization of $4.06 million, a PE ratio of -1.05 and a beta of -0.87. Royale Energy has a 52 week low of $0.03 and a 52 week high of $0.07.

About Royale Energy

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.