Royale Energy (Royale Energy) Accumulated Depreciation : $-8.67 Mil (As of Mar. 2024)

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What is Royale Energy Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Royale Energy's quarterly accumulated depreciation increased from Sep. 2023 ($-8.46 Mil) to Dec. 2023 ($-8.58 Mil) and increased from Dec. 2023 ($-8.58 Mil) to Mar. 2024 ($-8.67 Mil).

Royale Energy's annual accumulated depreciation increased from Dec. 2021 ($-8.01 Mil) to Dec. 2022 ($-8.28 Mil) and increased from Dec. 2022 ($-8.28 Mil) to Dec. 2023 ($-8.58 Mil).

Royale Energy Accumulated Depreciation Historical Data

The historical data trend for Royale Energy's Accumulated Depreciation can be seen below:

* 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.

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Royale Energy Accumulated Depreciation Chart

Royale Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-7.69

-7.60

-8.01

-8.28

-8.58

Royale Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-8.33	-8.41	-8.46	-8.58	-8.67

Royale Energy Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Royale Energy Accumulated Depreciation Related Terms

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Royale Energy (Royale Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Royale Energy Inc (OTCPK:ROYL) » Definitions » Accumulated Depreciation

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