Royale Energy 12th fastest growing oil & gas company

Source: Royale Energy

The November issue of Oil & Gas Financial Journal has listed Royale Energy (Nasdaq: ROYL) #12 in their ranking of the Top 20 Fastest Growing Oil and Gas Companies.

The results are based on 2nd quarter ending June 30, 2011, with the companies selected on the basis of growth in stockholders' equity.

Royale's net income increased stockholders' equity by 6.2% for the quarter, putting it in the top 20 for all publicly traded oil and gas producers. Royale Energy also showed a 236.4% increase in net income for the quarter.

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