Soreide Law Group is investigating, on behalf of our clients, stock losses in Royale Energy Inc (ROYL) recommended by their brokers or financial advisors.
ROYL 52-week range was: 0.06 - 1.30
Royale Energy Inc is listed as an independent oil and natural gas producer in the United States. It is involved in the production and sale of natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of fractional working interests in wells to be drilled. The company also owns and leases wells located primarily in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Alaska. In addition, it owns proved developed producing and non-producing reserves of oil and natural gas in Utah, Texas, Oklahoma, and Louisiana, as well as shale oil property in Alaska. As of December 31, 2015, the company operated 52 natural gas wells in California; and had non-operating interests in 3 natural gas wells in Utah, 12 oil and gas wells in Texas, 2 in Oklahoma, 1 in California, and 1 in Louisiana. It also had proved developed reserves of 2,174 millions of cubic feet (MMCF) and total proved reserves of 2,511 MMCF of natural gas. Royale Energy, Inc. was founded in 1986 and is based in El Cajon, California.
With over 77 oil and gas companies filing for bankruptcy since 2015 due to the plummeting drop in crude oil prices, many oil and gas stocks have created devastating losses in portfolios that were originally set up as low-risk, with retirement as a goal. These stocks were often not explained to clients as high-risk and volatile and were over-concentrated in otherwise conservative portfolios by brokers, sometimes due to the high commissions paid to the brokers.
If you feel your broker over-concentrated your portfolio with high-risk oil and gas stock, such as Royale Energy Inc (ROYL) , and you’ve experienced losses, call Soreide Law Group and speak to a lawyer regarding the possible recovery of your investment at: 800-762-6552.
Soreide Law Group represents clients nationwide, and operates on a contingency fee.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com