Camber Energy, Inc. (CEI): Price and Financial Metrics
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CEI Price/Volume Stats
|Current price||$0.20||52-week high||$4.37|
|Prev. close||$0.20||52-week low||$0.18|
|Day high||$0.22||Avg. volume||39,256,035|
|50-day MA||$0.33||Dividend yield||N/A|
|200-day MA||$0.61||Market Cap||103.62M|
Camber Energy, Inc. (CEI) Company Bio
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. The company was formerly known as Lucas Energy Inc. and changed its name to Camber Energy, Inc. in January 2017. Camber Energy, Inc. was incorporated in 2003 and is based in Houston, Texas.
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Below are the latest news stories about CAMBER ENERGY INC that investors may wish to consider to help them evaluate CEI as an investment opportunity.
Camber Energy, Inc.'s, (NYSE American:CEI) ("Camber" or the "Company") majority-owned subsidiary, Viking Energy Group, Inc. ("Viking"), announced today that Viking's majority-owned subsidiary, Viking Protection Systems, LLC ("Viking Protection"), filed on August 23, 2022 a new patent application in the United States Patent & Trademark Office relating to its electric transmission line protection technology.
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Camber Energy, Inc., (NYSE American:CEI) ("Camber" or the "Company") announced on August 1, 2022, that its combined 2021 and 2022 Annual Meeting of Stockholders (the "Annual Meeting") will be held on September 27, 2022. The Company did not hold an annual meeting last year and as such is holding a combined annual meeting for the fiscal years 2020 and 2021.
Camber Energy, Inc.'s, (NYSE American: CEI) ("Camber" or the "Company")majority-owned subsidiary, Viking Energy Group, Inc. ("Viking"), announced today that Viking's majority-owned subsidiary, Viking Ozone Technology, LLC ("Viking Ozone"), was advised that the United States Patent & Trademark Office has issued an Office Action in Viking Ozone's pending patent application covering multi-chamber medical waste treatment systems and methods, wherein
Source: OlegRi / Shutterstock Energy has been one of the few sectors that held up in 2022. With the invasion of Ukraine showing no signs of abating, oil and natural gas producers remain a hot pick for investors. However, Camber Energy (NYSEAMERICAN:CEI) has not participated in the energy boom. In fact, CEI stock is down 55% year to date. This is quite a lackluster performance given the strong returns from other oil and gas companies. Traders might naturally think that Camber is bound to catch up
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