Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
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Sep 27, 2022 (filed on May 12, 2023)Insider Name:Jordan JohnnyOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:3,073,682Price:$0.07
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Aug 26, 2022 (filed on May 12, 2023)Insider Name:Riggs Mel GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:73,563Price:$0.07
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Aug 26, 2022 (filed on May 12, 2023)Insider Name:Gregory JonathanOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:82,759Price:$0.07
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May 25, 2022 (filed on May 12, 2023)Insider Name:Riggs Mel GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:226,950Price:$0.07
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May 25, 2022 (filed on May 12, 2023)Insider Name:Gregory JonathanOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:340,426Price:$0.07
Filings by filing date
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Aug 26, 2022 (filed on May 12, 2023)Insider Name:Riggs Mel GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:73,563Price:$0.07
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May 25, 2022 (filed on May 12, 2023)Insider Name:Riggs Mel GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:226,950Price:$0.07
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Aug 26, 2022 (filed on May 12, 2023)Insider Name:Gregory JonathanOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:82,759Price:$0.07
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May 25, 2022 (filed on May 12, 2023)Insider Name:Gregory JonathanOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:340,426Price:$0.07
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Sep 27, 2022 (filed on May 12, 2023)Insider Name:Jordan JohnnyOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:3,073,682Price:$0.07
News
Biz Brief
Sector: Energy | Industry: Oil & Gas Exploration and Production |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1530 Hilton Head Road, Suite 205 EL CAJON CA 92019 |
Tel: | N/A |
Website: | https://www.royl.com |
IR: | See website |
Key People | ||
Harry E. Hosmer Chairman of the Board | Stephen M. Hosmer President, Chief Financial Officer, Secretary | Johnny Jordan Chief Executive Officer |
Jonathan Gregory Vice Chairman of the Board | Donald H. Hosmer President '�� Business Development |
Business Overview |
Royale Energy Funds, Inc. is an independent oil and gas producer. The Company also performs turnkey drilling operations. The Company owns wells and leases in various geological basins located primarily in California, Texas, Oklahoma, and Utah, and offers fractional working interests. The Company also owns an overriding royalty interest in discovery in Alaska. It usually sells a portion of the working interest in each well it drills or participates with third-party participants and retains a portion of the prospect for its own account. The Company generally sells working interests in its prospects to accredited investors in exempt securities offerings. The prospects are typically bundled into multi-well investments, which permit third-party investors to diversify their investments by investing in several wells at once instead of investing in single-well prospects. The Company owns an interest in approximately 70 producing oil and natural gas wells. |
Financial Overview |
For the fiscal year ended 31 December 2017, Royale Energy Funds Inc revenues decreased 17% to $1M. Net loss decreased 41% to $2.4M. Revenues reflect Supervisory Fees and Other decrease of 33% to $453K. Lower net loss reflects Lease Impairment decrease of 86% to $290K (expense), Gain on Turnkey Drilling Programs increase from $460K to $1.5M (income), General and Administrative decrease of 23% to $2M (expense). |
Employees: | 20 as of Dec 31, 2014 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $0.21M as of Dec 31, 2017 |
Annual revenue (TTM): | $1.01M as of Dec 31, 2017 |
EBITDA (TTM): | -$3.42M as of Dec 31, 2017 |
Net annual income (TTM): | -$2.43M as of Dec 31, 2017 |
Free cash flow (TTM): | -$5.59M as of Dec 31, 2017 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 67,684,188 as of Nov 3, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |