CEI - Camber Energy, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
1.1500
+0.1551 (+15.59%)
At close: 4:00PM EDT
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Previous Close0.9949
Open1.1200
Bid1.1000 x 1100
Ask1.1100 x 1100
Day's Range1.0000 - 1.1900
52 Week Range0.5000 - 600.0000
Volume464,640
Avg. Volume1,220,314
Market Cap5.75M
Beta (5Y Monthly)2.21
PE Ratio (TTM)N/A
EPS (TTM)-14.9750
Earnings DateNov 15, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.00
  • ACCESSWIRE

    Camber's and Viking's Hedging Strategy Proves Sound as Commodity Prices Drop Due To Virus Concerns and International Price War

    HOUSTON, TX / ACCESSWIRE / March 17, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") is pleased to announce that Elysium Energy, LLC ("Elysium"), the sole member of Camber's 25% owned subsidiary, Elysium Energy Holdings, LLC ("Holdings"), entered into a multi-year hedging arrangement in connection with Elysium's recent acquisition of oil & gas properties in Texas and Louisiana. Elysium, through its wholly-owned subsidiaries, holds working interests and over-riding royalty interests in oil and gas properties in Texas (approximately 72 wells in 11 counties) and Louisiana (approximately 55 wells in 6 parishes), along with associated wells and equipment.

  • ACCESSWIRE

    Camber Energy Discloses Receipt of Notice From NYSE American

    HOUSTON, TX / ACCESSWIRE / February 28, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company"), an independent oil and gas company, announced that on February 24, ...

  • Camber Energy, Inc. Contributes $5M to Viking’s Recent Acquisition & Parties Execute Definitive Merger Agreement Regarding Camber’s Proposed Acquisition of Viking
    GlobeNewswire

    Camber Energy, Inc. Contributes $5M to Viking’s Recent Acquisition & Parties Execute Definitive Merger Agreement Regarding Camber’s Proposed Acquisition of Viking

    A copy of the Merger Agreement was included in Viking’s and Camber’s Current Reports on Form 8-K filed on February 5, 2020, with the Securities and Exchange Commission, and available under "Investors" at www.vikingenergygroup.com and www.camber.energy. The proposed merger contemplates Camber issuing newly-issued shares of common stock, on a fully-diluted pro rata basis, to the equity holders of Viking having an 80% interest in the post-closing entity (altered slightly from the 85% interest set out in the Letter of Intent signed by the parties on January 23, 2020 given Camber’s subsequent monetary contribution to Viking’s recent acquisition), not including certain shares available to be issued to Camber’s Series C Preferred Stock holder post-merger, in exchange for 100% of the outstanding equity securities of Viking by means of a reverse triangular merger in which a newly formed wholly-owned subsidiary of Camber shall merge with and into Viking, with Viking continuing as the surviving corporation (the “Merger”) and wholly-owned subsidiary of Camber after the Merger.

  • Viking Energy Group, Inc. and Camber Energy, Inc. Announce Letter of Intent Regarding Camber’s Proposed Acquisition of Viking
    GlobeNewswire

    Viking Energy Group, Inc. and Camber Energy, Inc. Announce Letter of Intent Regarding Camber’s Proposed Acquisition of Viking

    A copy of the LOI was included in Viking’s and Camber’s Current Reports on Form 8-K filed on January 24, 2020, with the Securities and Exchange Commission, and available under "Investors" at www.vikingenergygroup.com and www.camber.energy. The proposed merger contemplates Camber issuing newly-issued shares of common stock, on a fully-diluted pro rata basis, to the equity holders of Viking having an 85% interest in the post-closing entity in exchange for 100% of the outstanding equity securities of Viking by means of a reverse triangular merger in which a newly formed wholly-owned subsidiary of Camber shall merge with and into Viking, with Viking continuing as the surviving corporation (the “Merger”) and wholly-owned subsidiary of Camber after the Merger.

  • ACCESSWIRE

    Camber Energy, Inc. Sets Date For 2020 Annual Meeting of Stockholders

    HOUSTON, TX / ACCESSWIRE / January 17, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") today announced that it had scheduled its 2020 Annual Meeting of Stockholders to be held on March 11, 2020 at 10:00 A.M. local time at 1415 Louisiana, Suite 3500, Houston, Texas 77002. The record date for determination of stockholders entitled to vote at the meeting, and any adjournment thereof, is planned to be set on or around the close of business on January 28, 2020 (the "Record Date"). More information regarding the Company's 2020 Annual Meeting of Stockholders will be disclosed in the Company's preliminary proxy statement which the Company plans to file with the Securities and Exchange Commission shortly.

  • ACCESSWIRE

    Camber Energy, Inc. Announces That It Has Regained Compliance with All NYSE American Continued Listing Standards

    HOUSTON, TX / ACCESSWIRE / January 6, 2020 / Camber Energy, Inc. (NYSE American:CEI) (the "Company" or "Camber"), based in Houston, Texas, today announced that on January 2, 2020, it received a letter from the NYSE American advising the Company that it had regained compliance with all of the NYSE American LLC continued listing standards set forth in Part 10 of the NYSE American Company Guide (the "Guide"). Specifically, effective on January 2, 2020, the Company resolved its previous continued listing deficiency with respect to Section 1003(f)(v) of the Guide, which the Company was previously subject to in July 2019, due to the low trading prices of its common stock.

  • ACCESSWIRE

    Camber Energy, Inc. Announces Closing of Preferred Stock Redemption Agreement

    HOUSTON, TX / ACCESSWIRE / January 3, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, announced today that it is has entered into and closed the transactions contemplated by a Preferred Stock Redemption Agreement. The redemption agreement, entered into with Lineal Star Holdings, LLC ("Lineal Star"), Lineal Star's wholly-owned subsidiaries and the holders of the Company's Series E and F Preferred Stock, resulted in the redemption and cancellation of all of the Company's outstanding Series E and F Preferred Stock in consideration for the return to the Series E and F Preferred Stock holders (i.e., the holders of the outstanding interests of Lineal Star prior to the Company's acquisition via merger of Lineal Star in July 2019), of 100% of the outstanding interests of Lineal Star.

  • ACCESSWIRE

    Camber Energy, Inc. Responds to Market Activity and Confirms No Material Undisclosed Information

    HOUSTON, TX / ACCESSWIRE / December 11, 2019/ Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, announced today that it is aware of the recent unusually high trading volume and increase in share price of its common stock since December 9, 2019 on the NYSE American. Camber confirms that although it is customarily involved in ongoing discussions with multiple parties regarding potential transactions, it is not currently aware of any material undisclosed information which is binding on the Company, that may be contributing to the recent increase in trading volume and increase in market price. The Company has no further updates to provide at this date.

  • Benzinga

    Benzinga Pro's Top 5 Stocks To Watch For Wed., Dec. 11, 2019: NFLX, LOW, CEI, PLCE, DFFN

    Benzinga Pro's Stocks To Watch For Wednesday Netflix (NFLX) - Shares were up nearly 1% to over the $295 level in pre-market action. Chief Content Officer Ted Sarandos, speaking at a conference on Tuesday, ...

  • ACCESSWIRE

    Camber Energy, Inc. Announces Effectiveness of OneforFifty Reverse Stock Split

    HOUSTON, TX / ACCESSWIRE / October 29, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, disclosed today that, its 1for50 reverse stock split, which the Company previously disclosed was approved by the Board of Directors on October 24, 2019, is effective as of 12:01 a.m. Central Standard Time today, and will be reflected in the marketplace as of the open of trading.

  • ACCESSWIRE

    Camber Energy, Inc. Announces One-for-Fifty Reverse Stock Split

    HOUSTON, TX / ACCESSWIRE / October 24, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, today announced that, its Board of Directors ...

  • ACCESSWIRE

    Camber Energy Lineal Star Subsidiary CEO Tim Connolly to Appear Live on "CEO Money", Monday at 4:30 PM CDT CEO Will Discuss Form 8-K/Audit Filed October 7, 2019, Lineal Star 2019 Turnaround and 2020 Growth Plans

    HOUSTON, TX / ACCESSWIRE / October 21, 2019 / Camber Energy (NYSE American:CEI)("Camber" or the "Company") announced today that Tim Connolly, the CEO of its newly acquired subsidiary, ...

  • ACCESSWIRE

    Lineal Merger Sets Stage for Increased Revenue, Stability, and Growth

    HOUSTON, TX / ACCESSWIRE / October 17, 2019 / Camber Energy, Inc. (NYSE American:CEI) (the "Company" or "Camber"), based in Houston, Texas today provided a shareholder update highlighting fundamental developments at its wholly-owned subsidiary Lineal Star Holdings, LLC ("Lineal") and the audited financial statements included with its recently filed Current Report on Form 8-K/A (Amendment No. 2). The merger of Camber and Lineal, completed in July 2019, began a new chapter in the Company's history. Historically, Camber's focus was on oil and gas exploration and production, a business subject to volatility resulting from wide and often unpredictable swings in commodity prices.

  • ACCESSWIRE

    Camber Energy Subsidiary Lineal Star Holdings Completes Purchase of 80% Ownership of Evercon Energy LLC in College Station, Texas

    HOUSTON, TX / ACCESSWIRE / October 8, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, today announced that its wholly-owned subsidiary Lineal Star Holdings, LLC ("Lineal"), has closed the purchase of 80% of the membership interests of Evercon Energy LLC (www.EverconEnergy.com)("Evercon"), headquartered in College Station, Texas. Tim Connolly, CEO of Lineal Star commented, "The purchase of the 80% controlling interest in Evercon gives us a solid central Texas customer base as well as access to the south Texas market, and allows us the opportunity to more rapidly build Lineal Star Holdings.

  • ACCESSWIRE

    Camber Energy Sub Lineal Industries Regains Major Legacy Customer Lost by Prior Owner

    HOUSTON, TX / ACCESSWIRE / October 2, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, announced today its recently acquired subsidiary Lineal Industries, Inc. ("Lineal") www.LinealStar.com, has regained a major legacy customer lost by its prior owners before the purchase of the company by Lineal Star Holdings, LLC ("Lineal Star") in 2018. Previously one of Lineal's most important clients, the prior Lineal owners pursued larger, more complex pipeline projects in lieu of the customary long-term maintenance projects Lineal Industries built its reputation on. Lineal Industries has now been awarded a number of pipeline integrity projects by the re-acquired customer, which reopens the company's opportunity to provide long-term maintenance and capital project services.

  • ACCESSWIRE

    Camber Energy Subsidiary Lineal Star Holdings Schedules October 1, 2019 Closing Date to Purchase Evercon Energy LLC in College Station, Texas

    HOUSTON, TX / ACCESSWIRE / September 26, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, today announced that its subsidiary Lineal Star Holdings, LLC ("Lineal"), has scheduled the closing to purchase Evercon Energy LLC (www.EverconEnergy.com), headquartered in College Station, Texas. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and Heavy Civil Construction services.

  • ACCESSWIRE

    Camber Energy Sub Lineal Industries Completes $7.7 Million Pipeline Relocation Project on the Southern Beltway in Pittsburgh, PA.

    HOUSTON, TX / ACCESSWIRE / September 16, 2019 / Camber Energy, Inc. (NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, announced today its recently acquired subsidiary Lineal Industries, Inc ("Lineal") www.LinealStar.com, recently completed a $7.7 Million pipeline relocation project which was completed in conjunction with the expansion of a major thoroughfare, the Southern Beltway in Pittsburgh, Pennsylvania. Tim Connolly, CEO of Lineal Star Holdings, LLC (the parent of Lineal Industries, Inc.) commented, "This project is an excellent example of the type of specialty construction work our team at Lineal Industries excels in.

  • ACCESSWIRE

    Camber Energy Subsidiary Lineal Star Holdings Signs Non-Binding LOI to Purchase Evercon Energy LLC in College Station, Texas

    HOUSTON, TX / ACCESSWIRE / September 5, 2019 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) based in Houston, Texas, today announced that its subsidiary Lineal Star Holdings, LLC (“Lineal”), has executed an LOI (non-binding) to purchase EverconEnergy LLC (www.EverconEnergy.com), headquartered in College Station, Texas. Brian Stiles, President and Founder of Evercon, will remain with the company as President and will retain aprofit interest in the company should the transaction be completed.

  • ACCESSWIRE

    Camber Energy Subsidiary Lineal Industries Completing Construction of Alternative Energy Landfill Waste Gas Gathering Line

    HOUSTON, TX / ACCESSWIRE / September 3, 2019 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) based in Houston, Texas, announced today that its subsidiary Lineal Industries, Inc (“Lineal”), is nearing completion of a natural gas line that transports treated waste methane from a solid waste landfill into a consumer gas distribution system. Tim Connolly, CEO of Lineal Star Holdings, LLC, Camber’s recently acquired parent of Lineal, commented, “We are proud of our role in safely and efficiently completing this unique project, directing waste gas to green gas and other productive consumer uses. When our industry needs a specialty construction team with the depth of experience to plan unusual work and reliably execute that plan, they think of Lineal.

  • PR Newswire

    Interdependence to Launch Investor Relations and Public Relations Campaign for Camber Energy and Subsidiary Lineal Star Holdings

    CHICAGO, Aug. 26, 2019 /PRNewswire/ -- Interdependence Public Relations announced today its partnership with Camber Energy to launch an investor relations and public relations campaign for recently acquired Lineal Star Holdings. The Camber Lineal Star merger was announced in July 2019. The Interdependence campaign will raise retail investor awareness of the merger and position the Camber Lineal Star merger as a forward-thinking and innovative investment.

  • ACCESSWIRE

    Interdependence to Launch Investor Relations and Public Relations Campaign for Camber Energy and Subsidiary Lineal Star Holdings Campaigns to Position Camber and Lineal Star as Preeminent Energy Infrastructure Solutions Provider

    CHICAGO, IL / ACCESSWIRE / August 26, 2019 / Interdependence Public Relations announced today its partnership with Camber Energy (NYSE American:CEI) to launch an investor relations and public relations campaign for recently acquired Lineal Star Holdings. The Camber Lineal Star merger was announced in July 2019. The Interdependence campaign will raise retail investor awareness of the merger and position the Camber Lineal Star merger as a forward-thinking and innovative investment.

  • ACCESSWIRE

    Camber Energy Sub Lineal Industries Commences Gas Gathering Line Project Budgeted at $2.3 Million

    HOUSTON, TX / ACCESSWIRE / August 15, 2019 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) based in Houston, Texas, announced today its recently acquired subsidiary Lineal Industries, Inc (“Lineal”) www.LinealStar.com, has commenced work on a recently awarded contract from a master limited partnership owned by one of the top tier oil and gas companies in the United States. Louis Schott, Interim CEO of Camber Energy, commented, “We appreciate the confidence shown by the master limited partnership in awarding us this project, the second from this client in the last two weeks. Based in Houston, Texas, Camber Energy’s (NYSE American:CEI), primary focus is midstream and downstream pipeline specialty construction, maintenance and field services via its recently announced acquisition of Lineal Star Holdings LLC, the owner of Lineal Industries, Inc., as described in greater detail in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (SEC) on July 9, 2019 (as amended).

  • ACCESSWIRE

    Camber Energy to Launch New Shareholder Communication Strategy Focused on Recently Acquired Lineal Star Holdings LLC Plan for the Future

    HOUSTON, TX / ACCESSWIRE / August 7, 2019 / Camber Energy, Inc. (NYSE American: CEI) (“Camber” or the “Company”) based in Houston, Texas, announced today that the Company is launching a new shareholder communications program, focused on the strategy of Camber’s recently acquired subsidiary, Lineal Star Holdings LLC www.LinealStar.com, and its primary operating subsidiary, Lineal Industries, Inc., based in Pittsburgh, PA. The communication strategy will be built on an unwavering commitment to five elements we believe are essential to effective shareholder communications--consistency, clarity, candor, transparency, and trust.

  • ACCESSWIRE

    Camber Energy Sub Lineal Industries Awarded $3.9 Million Pipeline Repair Project by Major Oil and Gas Company

    HOUSTON, TX / ACCESSWIRE / August 5, 2019 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) based in Houston, Texas, announced today that its recently acquired subsidiary, Lineal Industries, Inc (“Lineal”) www.LinealStar.com, has been awarded a new contract from a large-cap master limited partnership owned by one of the larger oil and gas companies in the United States. The project entails re-construction of approximately 2,000 lineal feet of 20-inch gas pipeline, including a complete road and creek crossing located in South Western Pennsylvania. Craig Crawford, President of Lineal Industries commented, “This is an exciting addition to our pipeline of business, with immediate positive results for Lineal.

  • ACCESSWIRE

    Camber Energy Provides Update to Shareholders

    HOUSTON, TX / ACCESSWIRE / August 1, 2019 / Camber Energy, Inc. (NYSE American:CEI) (the “Company” or “Camber”), based in Houston, Texas, today provided an update based on multiple requests from its shareholders. As disclosed previously, following the Company’s acquisition of Lineal Star Holdings, LLC (“Lineal”), (whose website is www.LinealStar.com), the Company changed its business focus to growing its midstream and downstream pipeline integrity services, specialty construction and field services. As a major part of the post-transaction business plan with Lineal, Camber has agreed to support an active acquisition program.