Camber Energy (OTCMKTS:CEIN) Posts Earnings Results

Camber Energy (OTCMKTS:CEINGet Free Report) announced its earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Camber Energy Trading Down 1.6%

CEIN stock traded down $0.00 during trading on Tuesday, reaching $0.03. The stock had a trading volume of 19,572 shares, compared to its average volume of 489,728. The firm has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.04. The company has a market capitalization of $8.35 million, a P/E ratio of -3.06 and a beta of -2.03. Camber Energy has a 1-year low of $0.01 and a 1-year high of $0.06.

Camber Energy Company Profile

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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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