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    ROYL   US78074G2003

ROYALE ENERGY, INC.

(ROYL)
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Royale Energy, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020

11/13/2020 | 04:54pm EDT

Royale Energy, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 562,155 compared to USD 635,388 a year ago. Operating loss was USD 580,582 compared to operating Income of USD 1.140 million a year ago. Net loss was USD 612,229 compared to net income of USD 2.304 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago. For the nine months, total revenue was USD 1.169 million compared to USD 2.030 million a year ago. Operating loss was USD 1.503 million compared to USD 319,246 a year ago. Net loss was USD 540,251 compared to USD 800,566 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 a year ago.


© S&P Capital IQ 2020
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Financials (USD)
Sales 2020 1,59 M - -
Net income 2020 -8,15 M - -
Net Debt 2020 0,11 M - -
P/E ratio 2020 -0,50x
Yield 2020 -
Capitalization 3,35 M 3,35 M -
EV / Sales 2019 1,83x
EV / Sales 2020 2,98x
Nbr of Employees 11
Free-Float 54,8%
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Managers and Directors
Johnny Jordan President, CEO, COO & Director
Stephen M. Hosmer Secretary, Chief Financial & Accounting Officer
Robert J. Vogel Chairman
Mel G. Riggs Independent Director
Thomas M. Gladney Independent Director
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