Camber Energy (OTCMKTS:CEIN) Releases Earnings Results

Camber Energy (OTCMKTS:CEINGet Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports.

Camber Energy Stock Down 5.7%

OTCMKTS:CEIN traded down $0.00 on Thursday, hitting $0.03. The stock had a trading volume of 1,347,419 shares, compared to its average volume of 501,225. The stock has a market cap of $7.86 million, a price-to-earnings ratio of -1.40 and a beta of -1.54. The business’s 50-day simple moving average is $0.03 and its two-hundred day simple moving average is $0.03. Camber Energy has a 52-week low of $0.01 and a 52-week high of $0.06.

About Camber Energy

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Camber Energy, Inc is an independent oil and gas exploration and production company engaged in the acquisition, development and operation of onshore hydrocarbon assets in the United States. The company focuses on identifying opportunities in proven resource plays where it can apply modern drilling and completion techniques to enhance production and recover reserves cost-effectively.

Camber Energy’s core producing properties are located in South Louisiana and East Texas, with an emphasis on natural gas and light oil reservoirs.

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Earnings History for Camber Energy (OTCMKTS:CEIN)

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