CEI holds interests in active oil & gas properties in the onshore Gulf Coast region. This concept is now being used throughout the Mid-Continent to produce large quantities of oil and gas, and has recently been applied with increasing success to the San Andres formation in West Texas. We wrote this article ourselves and it expresses our own opinions. Additional details regarding the Year End Transactions were included in Camber's and Viking's Current Reports on Form 8-K filed with the Securities and Exchange Commission ("SEC") on January 13, 2021, and are available under "investors" - "SEC filings" at www.camber.energy and www.vikingenergygroup.com. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. Camber Energy Flirts With NYSE American Delisting And CEI's 26.65x trailing-12-month Price/Sales is 1,770% higher than the 1.43x industry average. On August 2, 2017, and effective June 13, 2017, the Company entered into an agreement with Vantage Fund, LLC (Vantage and the Vantage Agreement), pursuant to which Vantage agreed to provide up to $6 million of funding to the Company, in the sole discretion of Vantage, with $400,000 provided in the initial tranche (the Initial Tranche). Furthermore, the company's poor cash balance and negative profit margin are not in sync with its stock's current valuation. hedging contracts) during the quarter. Furthermore, the company's net loss amounted to $13.24 million. Leaders are starting to outline when they will show results. In terms of trailing-12-month EV/Sales, the stock is currently trading at 332.17x, which is significantly higher than the 2.75x industry average. Your info is never shared. appeared first on StockNews.com. The net proceeds from the sale to the Company totaled $25,914. Here's Why. Camber Energy, Inc. (Camber) is a growth-oriented, diversified energy company. CEI forecast tomorrow, If the closing of the merger occurs (the Closing), the Viking equity holders prior to the merger will own approximately 80% of Cambers fully-diluted common stock immediately after the merger, and the Camber equity holders prior to the merger shall own approximately 20% of Cambers fully-diluted common stock immediately after the merger. Also refer for more: Coal India share price target. Term Box: How Does Camber Energy (CEI) Stack Up Against its Peers? Year-to-date, CEI has declined -10.11%, versus a 21.98% rise in the benchmark S&P 500 index during the same period. Read fore more: Google price forecast/ Predication, brijesh-patel

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