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    ROYL   US78074G2003

ROYALE ENERGY, INC.

(ROYL)
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Royale Energy : Letter from Moss Adams, LLP to the Securities and Exchange Commission, dated May 25, 2021 (Form 8-K)

05/25/2021 | 02:57pm EDT

May 25, 2021

Securities and Exchange Commission

100F Street, N.E.

Washington, DC 20549

Commissioners:

We have read the statements made by Royale Energy, Inc. included in Item 4.01 of its Form 8-K dated May 18, 2021. We agree with the statements concerning our Firm contained therein.

Respectfully,

/s/ Moss Adams LLP

Disclaimer

Royale Energy Inc. published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 18:56:01 UTC.


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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 4,56 M 4,56 M -
EV / Sales 2019 1,83x
EV / Sales 2020 2,98x
Nbr of Employees 11
Free-Float 46,2%
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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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