Hot Safest Stocks For 2015

Hot Safest Stocks For 2015: Royale Energy Inc.(ROYL)

Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. It engages in the production and sale of oil and natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of working interests in wells to be drilled. The company also owns wells and leases located principally in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, and Louisiana. In addition, it holds proved developed producing reserves of oil and natural gas in Texas and Louisiana. As of December 31, 2009, Royale Energy operated 52 natural gas wells in California; owned and operated 7 natural gas wells in Utah; and had non operating interests in 17 oil and gas wells in Texas, 3 in Oklahoma, 1 in California, and 2 in Louisiana. It also had proved developed reserves of 4,563 MMcf and total proved reserves of 4,617 MMcf of natural gas; and proved developed oil reserves of 16 Mbbl and total proved oil reserves of 16 Mbbl. The company was founded in 1986 and is based in San Diego, California.

Advisors' Opinion:

• [By James E. Brumley]

  Does the name Royale Energy, Inc. (NASDAQ:ROYL) ring a bell? If you're a regular reader of the Small Cap Network site or newsletter, it might. Back on February 3rd, yours truly penned some bullish thoughts on the way ROYL was acting at the time. Given what we had seen up until that time, though Royale Energy had not yet begun to rally, the stock was getting within reach of a monster-sized breakout. Well, that breakout may be underway as of today.

• [By James E. Brumley]

  With nothing more than a passing glance at Royale Energy, Inc. (NASDAQ:ROYL), it would be easy to dismiss it as just another volatile small caps... one of many small cap stocks that gets a little squirrelly every n! ow and then. The longer you study the chart of ROYL, however, the clearer it becomes... this chart looks like it's coming out of a slightly bearish lull and working its way into an uptrends.

source from Top Stocks Blog:http://www.topstocksblog.com/hot-safest-stocks-for-2015-2.html