Camber Energy (OTCMKTS:CEIN – Get Free Report) announced its earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.
Camber Energy Stock Performance
Shares of CEIN opened at $0.03 on Wednesday. Camber Energy has a one year low of $0.01 and a one year high of $0.06. The stock has a market capitalization of $8.59 million, a price-to-earnings ratio of -1.53 and a beta of -1.60. The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.04.
About Camber Energy
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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