Royale Energy (Royale Energy) 6-1 Month Momentum % : 62.50% (As of May. 03, 2024)

View and export this data going back to 1992. Start your Free Trial

What is Royale Energy 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-03), Royale Energy's 6-1 Month Momentum % is 62.50%.

The industry rank for Royale Energy's 6-1 Month Momentum % or its related term are showing as below:

ROYL's 6-1 Month Momentum % is ranked better than
94.76% of 1087 companies
in the Oil & Gas industry
Industry Median: 2.01 vs ROYL: 62.50

Competitive Comparison of Royale Energy's 6-1 Month Momentum %

For the Oil & Gas E&P subindustry, Royale Energy's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Royale Energy's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Royale Energy's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Royale Energy's 6-1 Month Momentum % falls into.

Royale Energy (OTCPK:ROYL) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royale Energy (OTCPK:ROYL) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Royale Energy 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Royale Energy's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Royale Energy (Royale Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Royale Energy Inc (OTCPK:ROYL) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1530 Hilton Head Road, Suite 205, El Cajon, CA, USA, 92019

Website

https://www.royl.com

Royale Energy Inc is an independent oil and natural gas producer. The company's business includes the production and sale of oil and natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells, and sales of fractional working interests in wells to be drilled by Royale. Its own wells and leases are located in the Sacramento Basin and San Joaquin Basin in California as well as in Utah, Texas, Oklahoma, and Louisiana.

Executives

Jonathan Gregory	director, officer: Chief Executive Officer	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Stephen M Hosmer	officer: CFO and Secretary	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Barry D Lasker	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Karen Kerns	director, 10 percent owner	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas M Gladney	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Harry Hosmer	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Michael Mccaskey	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Robert J Vogel	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Mel G Riggs	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Johnny Jordan	director, 10 percent owner, officer: President	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Rod Eson	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Jeffrey R Kerns	director, 10 percent owner	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Ronald Verdier	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Ronald L Buck	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020