Royale Energy, Inc. Announces Strategic Initiatives To Enhance Shareholder Value And Position For Potential Nasdaq Relisting

Rhea-AI Summary

Royale Energy (OTC: ROYL) said its Board launched a Strategic Review to strengthen the company's financial position, improve capital markets readiness, and pursue a potential relisting on a national exchange. Roth Capital Partners was engaged as financial advisor and Jonathan Gregory was named Executive Chairman to lead the effort.

The review will evaluate balance sheet optimization, asset-level capital allocation, and potential transactions to increase scale, liquidity, and institutional visibility. No timetable has been set and the company does not intend further comment until the Board approves a course of action.

Positive

• Roth Capital Partners engaged as financial advisor
• Appointment of Jonathan Gregory as Executive Chairman
• Strategic Review targets relisting on national exchange
• Focus on balance sheet optimization and capital allocation

Negative

• No timetable set for completing the Strategic Review
• Relisting is conditional on meeting listing requirements and market conditions

News Market Reaction – ROYL

-26.37%

1 alert

-26.37% News Effect

On the day this news was published, ROYL declined 26.37%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

SAN DIEGO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (“Royale” or the “Company”) (OTC: ROYL) today announced that its Board of Directors has initiated a comprehensive Strategic Review focused on strengthening the Company’s financial position, enhancing capital markets readiness, and positioning the Company for a potential relisting on a national exchange, subject to meeting applicable listing requirements and market conditions. Roth Capital Partners has been engaged as the Company’s financial advisor to lead this Strategic Review process.

This Strategic Review follows the recent appointment of Jonathan Gregory as Executive Chairman, who has been engaged to lead the initiative in collaboration with the Board and management team. Mr. Gregory brings deep experience in energy finance, asset acquisition, corporate governance, and capital markets strategy, and was appointed specifically to oversee this process.

As part of the Strategic Review, the Company is evaluating a range of strategic and capital markets alternatives designed to improve shareholder value, including balance sheet optimization, asset-level capital allocation strategies, and potential transactions that could support increased scale, liquidity, and institutional visibility.

Royale is currently quoted on OTCQB, is in compliance with all SEC reporting requirements, and was previously listed on the Nasdaq Capital Market.

The Company has not established a timetable for the completion of this review and does not intend to comment further unless and until a specific course of action is approved by the Board of Directors.

To inquire more about this process, please contact Roth Capital Partners at energy@roth.com

ABOUT ROYALE ENERGY, INC.

Royale Energy, Inc. is an independent oil and gas company engaged in the acquisition, development, and production of oil and natural gas properties, primarily in California and Texas. The Company seeks to enhance shareholder value through disciplined capital management, operational efficiency, and strategic asset development.

FORWARD LOOKING STATEMENT

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that may affect future results include, among others, commodity price volatility, regulatory changes, operational risks, capital market conditions, and the Company’s ability to meet Nasdaq listing requirements. Royale Energy undertakes no obligation to update forward-looking statements except as required by law.

CONTACT

Royale Energy, Inc.
For more information, please visit https://www.royl.com or contact Investor Relations at IR@royl.com. 619-383-6600

FAQ

What is Royale Energy (ROYL) announcing on February 17, 2026?

Royale Energy announced a Board-initiated Strategic Review to strengthen finances and pursue a potential relisting. According to the company, Roth Capital Partners will advise and Executive Chairman Jonathan Gregory will lead the process with the Board and management team.

Who is advising Royale Energy (ROYL) on its Strategic Review?

Roth Capital Partners was engaged as the company's financial advisor to lead the Strategic Review. According to the company, Roth will guide evaluation of capital markets alternatives, balance sheet optimization, and potential transactions to improve scale and liquidity.

What role will Jonathan Gregory have at Royale Energy (ROYL)?

Jonathan Gregory was appointed Executive Chairman to lead the Strategic Review initiative. According to the company, he will work with the Board and management, leveraging his experience in energy finance, asset acquisition, and capital markets strategy.

Does Royale Energy (ROYL) have a timeline for the Strategic Review?

No, the company has not established a timetable for completing the Strategic Review. According to the company, it does not intend to comment further until the Board approves a specific course of action.

Is Royale Energy (ROYL) currently listed on Nasdaq or another exchange?

Royale Energy is currently quoted on OTCQB and was previously listed on the Nasdaq Capital Market. According to the company, any potential relisting is subject to meeting applicable listing requirements and prevailing market conditions.