Camber Energy (OTCMKTS:CEIN) Announces Quarterly Earnings Results

Camber Energy (OTCMKTS:CEIN) issued its quarterly earnings data on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.

Camber Energy Stock Performance

OTCMKTS:CEIN traded up $0.00 during mid-day trading on Wednesday, hitting $0.05. 193,221 shares of the stock were exchanged, compared to its average volume of 1,236,953. The firm’s 50-day simple moving average is $0.04 and its 200 day simple moving average is $0.03. The stock has a market capitalization of $12.30 million, a price-to-earnings ratio of -0.32 and a beta of -1.90. Camber Energy has a fifty-two week low of $0.01 and a fifty-two week high of $0.08.

Camber Energy Company Profile

Camber Energy, Inc, an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated proved reserves were 133,442 million barrels of oil equivalent comprising 54,850 barrels of crude oil reserves, 43,955 barrels of NGL reserves, and 207,823 million cubic feet of natural gas reserves.