Royale Energy (OTCMKTS:ROYL – Get Free Report) posted its quarterly earnings data on Friday. The oil and gas producer reported ($0.01) earnings per share for the quarter, Zacks reports.
Royale Energy Stock Down 37.0%
Shares of OTCMKTS ROYL traded down $0.04 during trading on Friday, reaching $0.06. The company had a trading volume of 4,050 shares, compared to its average volume of 39,004. Royale Energy has a 12-month low of $0.00 and a 12-month high of $0.19. The stock has a market cap of $6.09 million, a PE ratio of -2.10 and a beta of -0.93. The business’s 50-day moving average is $0.09 and its 200 day moving average is $0.07.
About Royale Energy
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.
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