# Royale Energy, Inc. (ROYL)

> Source: Nexqual · https://nexqual.com/ROYL · data as of 2026-10-22 19:47 UTC · cite as "Nexqual, Royale Energy, Inc. (ROYL), nexqual.com/ROYL" · informational, not investment advice.

**Price:** USD 0.09 (-10.00% on the day) · last close of Oct 22, 2026; US market closed, not a live price. Prev close 0.1 · day 0.09–0.1 · 52w 0.01–0.19 · market cap $8.7M · OID

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $2.4M, net income -$1.8M (-74.7% margin) (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y +125.0% vs S&P 500 +13.4%; 5Y +12.5% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.7M | $2.6M | $2.2M | $2.3M | $1.9M | $2.4M |
| Operating income | -$3.7M | -$729K | -$1.9M | -$1.9M | -$914K | -$1.3M |
| Net income | -$3.6M | -$146K | -$1.8M | -$2.2M | -$1.3M | -$1.8M |
| EPS (diluted) | -$0.06 | -$0.02 | -$0.04 | -$0.03 | -$0.01 | — |
| Free cash flow | — | — | — | -$2.4M | -$4.2M | — |
| Operating margin | -213.3% | -27.6% | -89.9% | -84.8% | -46.9% | -56.2% |
| Net margin | -209.4% | -5.5% | -84.8% | -95.4% | -64.3% | -74.7% |
| Revenue growth | +8.2% | +53.8% | -18.2% | +4.7% | -13.9% | — |
| Cash + short-term investments | $220K | $1.7M | $2.2M | $1.9M | $1.1M | — |
| Total debt | — | — | $0K | $3.5M | $4.1M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 3.6x · EV/Sales 4.2x · Earnings yield -20.52% · Net debt $1.4M · EV $10.1M

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +125.0% | +12.5% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +125.6% | +2.4% |
| Volatility (annualized) | 440.5% | 200.7% |
| Max drawdown | -92.3% (Mar 2026→Jul 2026) | -92.3% (Mar 2026→Jul 2026) |

## Peers (Oil & Gas E&P)
BSM (Black Stone Minerals, L.P.) USD 14.97 +1.77% · BTE (Baytex Energy Corp) USD 5.5 +3.38% · CRK (Comstock Resources, Inc.) USD 14.13 +1.15% · CRC (California Resources Corporatio) USD 54.53 +2.96% · CNX (CNX Resources Corporation) USD 36.54 +2.27% · CRGY (Crescent Energy Company) USD 13.83 +3.75%

## More
Full page: https://nexqual.com/ROYL · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in ROYL's own 10-K filed 2026-07-13 (https://www.sec.gov/Archives/edgar/data/1694617/000118518526002897/royl10k123125.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Matrix Oil | "limited partnership interests of Matrix Investments, LP ("Matrix Investments") were exchanged for our Common stock using" |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Oil & Gas | $669,655 | 98.5% | +94.5% |
| Management Service | $10,486 | 1.5% | +416.3% |
| Total revenue | $680,141 | 100% | — |

## Customer concentration

Period ended 2025-12-31: 36% of revenue from unnamed direct customers (10-K, filed 2026-07-13).

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends 2015-09-30) | — | — | — | $0 | — |
| Current fiscal year (ends 2014-12-31) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |