Camber Energy (OTCMKTS:CEIN – Get Free Report) issued its earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.
Camber Energy Stock Down 5.5%
Shares of CEIN stock opened at $0.03 on Tuesday. The firm has a 50 day moving average of $0.03 and a 200-day moving average of $0.04. The company has a market cap of $8.48 million, a price-to-earnings ratio of -3.11 and a beta of -2.03. Camber Energy has a 52 week low of $0.01 and a 52 week high of $0.06.
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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