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Royale Energy Delays 10-K Filing Amid Financial Challenges

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Royale Energy ( (ROYL) ) has released a notification of late filing.

Royale Energy, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for this delay is attributed to challenges in completing the preparation of its financial statements. The company has assured stakeholders that the report will be filed within the 15-day extension period allowed by the SEC. Royale Energy anticipates reporting a net loss of approximately $2.2 million for 2024, compared to a net loss of $1.8 million in 2023. The notification was signed by CEO Johnny Jordan, indicating ongoing compliance efforts to meet regulatory requirements.

More about Royale Energy

Average Trading Volume: 30,647

Technical Sentiment Signal: Buy

Current Market Cap: $4.15M

For a thorough assessment of ROYL stock, go to TipRanks’ Stock Analysis page.

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