No insider purchase over the last 90 days. The latest, by GLADNEY THOMAS M, was filed 02 Jul 2019.
Royale Energy, Inc., classified in the Energy sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). The past year has been quiet: not a single insider filing for Royale Energy, Inc. The previous disclosure was published on 12 May 2023.
Looking back to 2016, when coverage begins, insiders filed 4 purchases and 65 sales. The 10-K for the year ended 31 December 2025 shows 1.9 m USD of revenue and -1.3 m USD of net income.
For comparison within the same sector, see the insider buying recorded at AXIA Energia S.A. and RGC Resources Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
25 of 202 declarations
Royale Energy, Inc. is a U.S. independent oil and natural gas company focused on the production and sale of hydrocarbons, the acquisition of oil and gas lease interests and proved reserves, exploratory and development drilling, and the sale of fractional working interests in wells it drills. The company is based in El Cajon, California, and its corporate history traces back to Royale Energy Funds, Inc., a California company formed in 1983. Royale was reorganized into a Delaware corporation in 2017 following a merger-led restructuring, which helped shape the company in its current form as a small independent upstream producer. In market terms, ROYL is a U.S.-listed energy name and is followed by investors looking for a highly leveraged exposure to oil and gas asset development; recent SEC filings indicate the company is trading on the U.S. over-the-counter market rather than as a mainstream NYSE/NASDAQ large cap, so investors should treat any exchange reference cautiously and verify the current quotation venue before trading.
Operationally, Royale’s business model is centered on a compact portfolio of producing and non-producing assets, with wells and reserves located primarily in Texas — notably Mitchell County and Ector County — as well as in California’s Sacramento and San Joaquin Basins, and in Oklahoma. The company’s model combines direct production with targeted drilling activity and the syndication of fractional interests in wells to accredited investors. That structure allows Royale to share development economics while retaining operating upside, but it also means results are highly sensitive to commodity prices, production volumes, reserve revisions, drilling execution, and future plugging and abandonment liabilities. In practical terms, Royale is a niche upstream operator rather than a diversified integrated energy company.
From a competitive perspective, Royale Energy occupies the small-cap end of the U.S. exploration and production universe. It does not compete on scale with major E&Ps; instead, it competes by sourcing smaller assets, participating in focused drilling programs, and seeking incremental cash flow from selective acquisitions. Recent disclosures point to continued portfolio activity in Texas, including the September 2025 acquisition of additional non-operated working interests in producing Barnett wells within the Pradera Fuego project, which management said would support additional annual cash flow. The company also reported ongoing losses in 2025 quarterly filings, underscoring that profitability remains dependent on commodity prices, asset performance, and disciplined capital allocation. For French-speaking investors in France, Belgium, and Switzerland, ROYL represents a speculative U.S. energy micro-cap with a classic high-risk/high-beta profile, where operational updates and SEC Form 4 insider transactions can be important signals to monitor.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 1.9 m USD | -1.3 m USD | -0.01 USD | 10-K |
| Dec 2024 | 2.3 m USD | -2.2 m USD | -0.03 USD | 10-K |
| Dec 2023 | 2.2 m USD | -1.8 m USD | -0.04 USD | 10-K |
| Dec 2022 | 2.6 m USD | -145,594 USD | -0.02 USD | 10-K |
| Dec 2021 | 1.7 m USD | -3.6 m USD | -0.06 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.