Camber Energy, Inc. (CEI)
Camber Energy, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $0.10, down 6.10% on the session, giving a market capitalisation of $16.8M. On trailing twelve-month figures it carries a trailing P/E of -1.91, a net margin of 0.0%. Its beta of -1.30 implies it has historically moved less than the broad market.
Camber Energy, Inc. operates as an independent energy company, concentrating its efforts on the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGLs). Its primary operational areas include Kansas, Missouri, Louisiana, and Texas. As of December 31, 2021, the firm's total estimated proved producing reserves amounted to approximately 73,800 barrels of oil equivalent (BOE). This figure comprised about 48,400 barrels of crude oil and NGL reserves, in addition to 152,400 thousand cubic feet of natural gas reserves. Incorporated in 2003, the company was initially known as Lucas Energy Inc. before adopting the name Camber Energy, Inc. in January 2017. Its corporate headquarters are situated in Houston, Texas.
Camber Energy, Inc. is most often compared with the following Energy names: