Royale Energy Reported Earnings

Royale Energy (ROYL) reported a loss of $0.01 per share on revenue of $0.56 million for the . . Revenue grew 15.37% on a year-over-year basis.

ROYALE ENERGY, INC. is an independent oil and gas producer. Their principal lines of business include the acquisition of oil and natural gas lease interests and proved reserves, drilling of both exploratory and development wells, sales of fractional working interests in wells to be drilled by the company, and marketing of natural gas. They own wells and leases in major geological basins located in Texas and California.