Camber Energy (OTCMKTS:CEIN) Announces Quarterly Earnings Results

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

Camber Energy Trading Down 1.6%

OTCMKTS:CEIN traded down $0.00 during trading hours on Monday, hitting $0.03. 296,368 shares of the stock were exchanged, compared to its average volume of 522,637. Camber Energy has a 52-week low of $0.01 and a 52-week high of $0.06. The firm’s fifty day moving average price is $0.03 and its 200 day moving average price is $0.04. The company has a market cap of $8.88 million, a P/E ratio of -1.58 and a beta of -1.60.

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.

Further Reading

Earnings History for Camber Energy (OTCMKTS:CEIN)

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