Camber Energy Inc (NYSEAMERICAN:CEI)’s share price rose 10.8% on Thursday . The company traded as high as $1.78 and last traded at $1.75, approximately 756,990 shares traded hands during mid-day trading. An increase of 388% from the average daily volume of 155,104 shares. The stock had previously closed at $1.58.
Camber Energy (NYSEAMERICAN:CEI) last announced its earnings results on Wednesday, August 14th. The oil and natural gas company reported ($206.50) earnings per share (EPS) for the quarter. The company had revenue of $0.12 million for the quarter.
About Camber Energy (NYSEAMERICAN:CEI)
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 Texas and Oklahoma. The company holds interests in approximately 13,000 net acres of producing fields located primarily in the Hunton formation in Lincoln, Logan and Payne, and Okfuskee Counties, in central Oklahoma; the Cline shale and upper Wolfberry shale in Glasscock County, Texas; and Hutchinson County, Texas.
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