- Price:
- $0.10
- Open:
- $0.11
- Previous close:
- $0.10
- Day's range:
- $0.10 - $0.11
- Year's range:
- $0.02 - $0.58
- Net Income per Share:
- -0.62
- Price-to-Earnings ratio:
- -0.15
- 52-week Price Range:
- $0.11
- Volume:
- $5,426,439.00
- Average volume:
- $7,587,431.00
Company profile for Camber Energy, Inc.
Camber Energy, Inc. is an independent oil and natural gas company that is involved in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL). Primarily operating in Kansas, Missouri, Louisiana and Texas, Camber Energy has total estimated proved producing reserves of approximately 73,800 barrels of oil equivalent, with 48,400 barrels of crude oil and NGLs and 152,400 thousand cubic feet of natural gas reserves as of December 31st, 2021. Camber Energy has a long history, having been originally incorporated as Lucas Energy Inc. in 2003, and changing its name to Camber Energy, Inc. in January 2017.
Headquartered in Houston, Texas, Camber Energy specializes in utilizing advanced techniques in its exploration and production operations to maximize its returns. Among the strategies employed by the company are horizontal drilling targeting multiple geologic zones and completion operations deploying multi-stage fracturing technology. A key benefit of this approach is that it allows the company to access reserves that would otherwise be uneconomic in most conventional vertical drilling programs.
Camber Energy also focuses on capital discipline and cost management, with a corporate strategy based on low-cost, low-risk acquisitions of assets. Many of the company’s assets are developed acreage located in areas such as the Eagle Ford shale in South Texas, the Dos Logs field in Louisiana, and the Caddo field in Oklahoma.
In addition to its operations, Camber Energy also has a strong corporate governance program that focuses on protecting the interests of shareholders, employees and external stakeholders. The company is also heavily involved in social programs and initiatives, supporting organizations such as the Houston Zoo, the Women’s Energy Network and the American Cancer Society. Furthermore, the company is committed to environmental protection and conservation, adhering to local, state and federal regulations in all of its operations.
- Stock exchanges:
- AMEX
- Sector:
- Energy
- Industries:
- Ticker:
- CEI
- CIK:
- 1309082
- ISIN:
- US13200M5085
- Website:
- https://www.camber.energy
- Phone:
- 210 998 4035
- Origin:
- United States
- Employees:
- 9