Camber Energy (OTCMKTS:CEIN) Releases Quarterly Earnings Results

by · The Markets Daily

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

Camber Energy Stock Down 5.7%

Shares of CEIN traded down $0.00 during trading on Thursday, reaching $0.03. The company’s stock had a trading volume of 1,347,419 shares, compared to its average volume of 501,225. The company has a fifty day moving average of $0.03 and a two-hundred day moving average of $0.03. Camber Energy has a twelve month low of $0.01 and a twelve month high of $0.06. The company has a market cap of $7.86 million, a price-to-earnings ratio of -1.40 and a beta of -1.54.

Camber Energy Company Profile

(Get Free Report)

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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