Royal Energy Resources(OTC) ROYE

Royal Energy Resources, Inc. is engaged in the production and marketing of coal from surface and underground mines across the United States. The company specializes in providing various grades of coal, primarily to electric utility companies and steel producers.

Products and Services

• Steam coal for electric utility companies
• Metallurgical coal for steel and coke production
• Coal from mines located in Kentucky, Ohio, Utah, and West Virginia

Growth Outlook

• Estimated 268.5 million tons of proven and probable coal reserves
• Focus on expanding coal production capabilities in key regions
• Potential for increased demand in energy and steel sectors

Financial Highlights

• Recent quarterly revenue of $42.3 million, showing market presence
• Trailing twelve months (TTM) revenue of $165.5 million
• Current ratio of 1.05 indicates short-term financial stability

Royal Energy Resources, Inc. operates in the coal industry, providing essential resources for energy generation and steel production. The company has a significant reserve base, which positions it well for future growth as demand for coal remains steady in certain sectors. Recent financial performance indicates a solid revenue stream, with a TTM revenue of $165.5 million, reflecting the company's operational capabilities. The current ratio of 1.05 suggests that Royal Energy is managing its short-term liabilities effectively, which is crucial for maintaining operational stability. As the energy landscape evolves, Royal Energy's focus on coal production could present opportunities for growth, particularly in regions where coal remains a vital energy source.