Camber Energy (OTCMKTS:CEIN) Releases Earnings Results

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

Camber Energy Trading Down 1.6%

Shares of OTCMKTS CEIN traded down $0.00 during trading on Monday, reaching $0.03. 296,368 shares of the company traded hands, compared to its average volume of 522,637. The firm’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.04. The stock has a market cap of $8.88 million, a P/E ratio of -1.58 and a beta of -1.60. Camber Energy has a 12-month low of $0.01 and a 12-month 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.

Further Reading

Earnings History for Camber Energy (OTCMKTS:CEIN)

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