ROYL on OTC

Royale Energy, Inc.

American crude petroleum and natural gas company based in El Cajon. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

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TickerROYL on OTC¹
IndustryCrude Petroleum & Natural Gas¹
HeadquartersEl Cajon, California¹
Incorporated inDE²
Business address1530 Hilton Head Rd, El Cajon, Ca 92019²
Filer categoryNon-accelerated filer, Smaller reporting company²
Legal formCorporation

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-46.9%Operating margin³

-64.3%Net margin³

-13.9%Revenue growth, 2025³

-$4.2MFree cash flow³

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Oil and Gas brought in 98% of the revenue Royale Energy, Inc. broke down this way in fiscal 2025.

Oil and Gas$1.9M³98%down 14% from 2024
Management Service$20.8K³1%up 28% from 2024
Supervisory Services$20.8K³1%up 28% from 2024

Products and services by year

Products and services	2024	2025
Oil and Gas	$2.2M	$1.9M
Management Service	$16.3K	$20.8K
Supervisory Services	$16.3K	$20.8K

Where the money goes

Where each dollar of revenue went, fiscal 2025

Other costs

Other costs100¢$1.9M

Out of $1.9M in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵⁶⁷⁸³$1.9M in 2025−34% since 2019

Operating income⁴⁵⁶⁷⁸³-$913.7K in 2025+8% since 2019

Net income⁴⁵⁶⁷⁸³-$1.3M in 2025+259% since 2019

Every line of the income statement as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Revenues	$1.9M	$2.3M
Oil and Gas Lease Operating	$1.3M	$2.0M
Severance Taxes	$73.4K	$81.8K
Impairment	$27.2K	$400.7K
Depreciation, Depletion, Amortization, and Accretion	$259.4K	$308.5K
Settlement of Asset Retirement Obligation	-$18.7K	$0
General and Administrative	$1.6M	$1.6M
Credit Loss Expense	$137.2K	$450.7K
Legal and Accounting	$446.6K	$582.4K
Marketing	$302.5K	$347.0K
Total Costs and Expenses	$4.2M	$5.8M
Gain on Turnkey Drilling Programs	$1.3M	$1.6M
Loss from Operations	-$913.7K	-$1.9M
Interest Expense	-$404.1K	-$304.9K
Interest Income	$66.1K	$46.5K
Gain on Sale of Assets	$0	$17.5K
Total Other Expense (net)	-$338.0K	-$240.8K
Net Loss	-$1.3M	-$2.2M
Basic Loss Per Share (in Dollars per share)	-$0.01	-$0.03
Diluted Loss Per Share (in Dollars per share)	-$0.01	-$0.03
Weighted average number of common shares outstanding, basic and diluted (in Shares)	96.6M shares	77.3M shares
Weighted average number of common shares outstanding, basic and diluted (in Shares)	96.6M shares	77.3M shares

Total assets⁴⁵⁶⁷⁸³$17.0M in 2025−17% since 2019

Total liabilities⁴⁵⁶⁷⁸³$30.4M in 2025+61% since 2019

Shareholders’ equity⁵⁶⁷⁸³-$13.4M in 2025

Cash⁴⁵⁶⁷⁸³$1.1M in 2025+7% since 2019

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.³

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and Cash Equivalents	$1.1M	$1.9M
Restricted Cash	$7.2M	$6.0M
Other Receivables, net	$793.6K	$868.4K
Revenue Receivables	$694.7K	$764.7K
Prepaid Expenses and Other Current Assets	$746.9K	$619.9K
Total Current Assets	$10.5M	$10.2M
Other Assets	$576.3K	$589.9K
Right of Use Asset - Leases	$141.4K	$238.5K
Oil and Gas Properties (Successful Efforts Basis), Real Property and Equipment and Fixtures, net	$5.8M	$4.7M
Total Assets	$17.0M	$15.6M
Accounts Payable and Accrued Expenses	$6.0M	$6.8M
Royalties Payable	$611.8K	$611.8K
RMX Resources, LLC	$23.1K	$23.1K
Leases - Current	$102.2K	$94.1K
Asset Retirement Obligation - Current	$1.0M	$1.0M
Deferred Drilling Obligations	$14.3M	$11.5M
Total Current Liabilities	$22.1M	$20.0M
Asset Retirement Obligation	$4.1M	$4.1M
Notes Payable	$4.1M	$3.5M
Leases - Non-current	$43.4K	$145.6K
Accrued Unpaid Guaranteed Payments	$90.0K	$90.0K
Accrued Liabilities - Non-current	$12.4K	$12.4K
Total Liabilities	$30.4M	$27.8M
Commitments and Contingencies (See Note 13)	$0	$0
Common Stock, $0.001 Par Value, 280,000,000 Shares Authorized 96,600,302 and 96,600,302 shares issued and outstanding at December 31, 2025 and 2024, respectively	$96.6K	$96.6K
Additional Paid in Capital	$81.1M	$81.1M
Accumulated Deficit	-$94.6M	-$93.3M
Total Stockholders Deficit	-$13.4M	-$12.1M	-$35.4M
Total Liabilities, Stockholders Deficit	$17.0M	$15.6M
Common Stock, Par Value (in Dollars per share)	$0	$0
Common stock, shares authorized (in Shares)	280.0M shares	280.0M shares
Common Stock, shares issued (in Shares)	96.6M shares	96.6M shares
Common Stock, shares outstanding (in Shares)	96.6M shares	96.6M shares

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and Cash Equivalents	$1.1M	$1.9M
Restricted Cash	$7.2M	$6.0M
Other Receivables, net	$793.6K	$868.4K
Revenue Receivables	$694.7K	$764.7K
Prepaid Expenses and Other Current Assets	$746.9K	$619.9K
Total Current Assets	$10.5M	$10.2M
Other Assets	$576.3K	$589.9K
Right of Use Asset - Leases	$141.4K	$238.5K
Oil and Gas Properties (Successful Efforts Basis), Real Property and Equipment and Fixtures, net	$5.8M	$4.7M
Total Assets	$17.0M	$15.6M
Accounts Payable and Accrued Expenses	$6.0M	$6.8M
Royalties Payable	$611.8K	$611.8K
RMX Resources, LLC	$23.1K	$23.1K
Leases - Current	$102.2K	$94.1K
Asset Retirement Obligation - Current	$1.0M	$1.0M
Deferred Drilling Obligations	$14.3M	$11.5M
Total Current Liabilities	$22.1M	$20.0M
Asset Retirement Obligation	$4.1M	$4.1M
Notes Payable	$4.1M	$3.5M
Leases - Non-current	$43.4K	$145.6K
Accrued Unpaid Guaranteed Payments	$90.0K	$90.0K
Accrued Liabilities - Non-current	$12.4K	$12.4K
Total Liabilities	$30.4M	$27.8M
Commitments and Contingencies (See Note 13)	$0	$0
Common Stock, $0.001 Par Value, 280,000,000 Shares Authorized 96,600,302 and 96,600,302 shares issued and outstanding at December 31, 2025 and 2024, respectively	$96.6K	$96.6K
Additional Paid in Capital	$81.1M	$81.1M
Accumulated Deficit	-$94.6M	-$93.3M
Total Stockholders Deficit	-$13.4M	-$12.1M	-$35.4M
Total Liabilities, Stockholders Deficit	$17.0M	$15.6M
Common Stock, Par Value (in Dollars per share)	$0	$0
Common stock, shares authorized (in Shares)	280.0M shares	280.0M shares
Common Stock, shares issued (in Shares)	96.6M shares	96.6M shares
Common Stock, shares outstanding (in Shares)	96.6M shares	96.6M shares

Cash from operations⁴⁵⁶⁷⁸³-$2.7M in 2025−23% since 2019

Capital spending³$1.5M in 2025

Free cash flow³-$4.2M in 2025+78% since 2024

Every line of the cash flow as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Net Loss	-$1.3M	-$2.2M
Depreciation, Depletion, and Amortization	$259.4K	$308.5K
Impairment	$27.2K	$400.7K
Gain on Sale of Assets	$0	-$17.5K
Gain on Turnkey Drilling Programs	-$1.3M	-$1.6M
Credit Loss Expense	$137.2K	$450.7K
Settlement on Asset Retirement Obligation	-$78.8K	-$151.9K
Stock-Based Compensation	$0	$36.0K
Accretion of Debt Restructure Note Payable Interest	$131.8K	$31.5K
Right of Use Asset Depreciation	$14.6K	$7.2K
Other & Revenue Receivables	$69.9K	-$169.0K
Prepaid Expenses and Other Assets	-$62.4K	-$44.2K
Accounts Payable and Accrued Expenses	-$625.0K	$552.9K
Royalties Payable	$0	-$1.1K
Net Cash Used in Operating Activities	-$2.7M	-$2.4M
Expenditures for Oil and Gas Properties	-$1.5M	-$4.9M
Acquisition of property	-$1.5M	$0
Proceeds from Turnkey Drilling Programs	$5.6M	$8.3M
Net Cash Provided by Investing Activities	$2.6M	$3.3M
Proceeds from Long-Term Debt	$500.0K	$1.4M
Principal Payments on Long-Term Debt	-$11.6K	-$6.6K
Net Cash Provided by Financing Activities	$488.4K	$1.4M
Net Increase in Cash, Cash Equivalents, and Restricted Cash	$372.8K	$2.4M
Cash Paid for Interest	$272.2K	$273.4K
Cash Paid for Taxes	$9.2K	$8.2K
Conversion of Preferred Stock to Common	$0	$24.7M
Additions to asset retirement obligation	$112.4K	$865
Revisions to asset retirement obligations	-$41.6K	$63.2K

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Leadership

Who has led Royale Energy, Inc., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

Stephen M. Hosmer2018–2020

20202025

Chief financial officerStephen M. Hosmer Mar 8, 2018 to Jan 2, 2020¹¹

Board members and other officers (11)

Board memberRobert J. Vogel Apr 23, 2019 to Jun 25, 2021¹²
Board memberBarry D. Lasker Jun 7, 2019 to Oct 1, 2019¹³
Board memberKaren Kerns Dec 5, 2019 to Jul 6, 2020¹⁴
Board memberHarry Hosmer Mar 8, 2018 to Mar 8, 2018¹⁵
Board memberRod Eson Mar 8, 2018 to Oct 3, 2019¹⁶
Board memberRonald Verdier Mar 8, 2018 to Mar 8, 2018¹⁷
Board memberJeffrey R. Kerns Mar 9, 2018 to Mar 9, 2018¹⁸
Board memberMichael McCaskey Mar 9, 2018 to Sep 6, 2018¹⁹
Board memberRonald L. Buck Apr 18, 2018 to Apr 18, 2018²⁰
Board memberMel G. Riggs Aug 13, 2018 to May 12, 2023²¹
Board memberThomas M. Gladney Sep 6, 2018 to Jun 25, 2021²²

Named in SEC Form D filings

People the company listed in its private-offering notices.

CEO, President, COO, DirectorJohnny Mark Jordan named Sep 29, 2025 to Aug 28, 2026²³
Executive Chairman of the BoardJonathan Mark Gregory named Sep 29, 2025 to Aug 28, 2026²³
CFORonald Mark Lipnick named Aug 2, 2023 to Aug 28, 2026²³
CEO, COO and PresidentJohnny Jordan named May 17, 2022 to Jan 17, 2024²⁴
Interim Chief Financial OfficerRonald Lipnick named May 17, 2022 to Dec 21, 2022²⁵
Chairman of the BoardChris Parada named May 17, 2022 to Aug 28, 2026²³
DirectorJohn Mark Sullivan named Sep 29, 2025 to Aug 28, 2026²³
Chairman of the BoardJohn Sullivan named May 17, 2022 to Jan 17, 2024²⁴
Vice-Chairman of the BoardJonathan Gregory named May 17, 2022 to Jan 17, 2024²⁴

Former names

Royale Energy Holdings, Inc.Feb 14, 2017 to Mar 8, 2018²

Filings

75 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 24 major events, 4 insider forms, 11 private raises, 16 other. The latest 20:

Sep 9, 20268-K EDGAR
Sep 1, 20268-K EDGAR
Aug 31, 202610-Q EDGAR
Aug 31, 202610-Q EDGAR
Aug 28, 2026D EDGAR
Aug 18, 2026NT 10-Q EDGAR
Jul 17, 2026NT 10-Q EDGAR
Jul 13, 20268-K/A FORM 8-K/A1 EDGAR
Jul 13, 202610-K EDGAR
Apr 10, 20268-K EDGAR
Apr 2, 2026NT 10-K EDGAR
Feb 17, 20268-K EDGAR
Jan 5, 20268-K EDGAR
Nov 26, 2025D/A EDGAR
Nov 26, 202510-Q EDGAR
Nov 17, 2025NT 10-Q EDGAR
Nov 3, 20258-K EDGAR
Sep 29, 2025D EDGAR
Sep 17, 20258-K EDGAR
Sep 10, 20258-K EDGAR

The 75 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Money raised

Private offerings the company reported to the SEC on Form D.

Aug 26, 2026Raised $100,000 in a private offering of securities Form D: $9.1 million offered in all Form D
Sep 24, 2025Raised $50,000 in a private offering of securities Form D: $5.7 million offered in all Form D
Nov 25, 2024Raised $25,000 in a private offering of securities Form D: $5.7 million offered in all Form D
Jan 1, 2024Raised $100,000 in a private offering of securities Form D: $5.7 million offered in all Form D
Jul 27, 2023Raised $100,000 in a private offering of securities Form D: $5.7 million offered in all Form D
Dec 20, 2022Raised $312,500 in a private offering of securities Form D: $5.7 million offered in all Form D
May 19, 2022Raised $400,050 in a private offering of securities Form D: $4.4 million offered in all Form D
Jan 3, 2022Raised $3 million in a private offering of securities Form D: $4.2 million offered in all Form D

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARRoyale Energy, Inc. filings on SEC EDGAR
2
SEC EDGARRoyale Energy, Inc. filings on SEC EDGAR
3
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2025
4
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2019
5
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2020
6
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2021
7
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2022
8
SEC EDGARRoyale Energy, Inc. 10-K for fiscal 2023
9
SEC EDGARRoyale Energy, Inc. 10-Q for fiscal 2026
10
SEC EDGARRoyale Energy, Inc. 10-Q for fiscal 2026
11
SEC EDGARStephen M. Hosmer, Chief financial officer
12
SEC EDGARRobert J. Vogel, Board member
13
SEC EDGARBarry D. Lasker, Board member
14
SEC EDGARKaren Kerns, Board member
15
SEC EDGARHarry Hosmer, Board member
16
SEC EDGARRod Eson, Board member
17
SEC EDGARRonald Verdier, Board member
18
SEC EDGARJeffrey R. Kerns, Board member
19
SEC EDGARMichael McCaskey, Board member
20
SEC EDGARRonald L. Buck, Board member
21
SEC EDGARMel G. Riggs, Board member
22
SEC EDGARThomas M. Gladney, Board member
23
SEC EDGARRoyale Energy, Inc. Form D naming Johnny Mark Jordan
24
SEC EDGARRoyale Energy, Inc. Form D naming Johnny Jordan
25
SEC EDGARRoyale Energy, Inc. Form D naming Ronald Lipnick