Royale Energy Q2 FY26 net loss widens to $813,118; revenue rises 94.5% to $669,655

Reuters2026/08/31 10:54

By:Reuters

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Royale Energy posted a net loss of $813,118 in the quarter ended June 30, 2026, widening from a net loss of $608,550.
Revenue from oil and gas production more than doubled to $669,655, up 94.5% from a year earlier.
Lease operating expenses climbed to $436,420, up 43.5%, due to higher surface use fees, workover costs, and equipment repairs.
General and administrative expenses rose to $527,295, up 36.7%, mainly on higher employee-related compensation; interest expense increased to $142,582.
Deferred Drilling Obligation increased to $17.55 million at June 30, 2026; the company participated in drilling two Permian basin wells.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royale Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-003762), on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Royale Energy Q2 FY26 net loss widens to $813,118; revenue rises 94.5% to $669,655

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