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what happened to cei stock in 2016

by Jackson Orn Published 3 years ago Updated 2 years ago
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Why did CEI stock drop?

Update: Camber Energy shares reversed early spike to five-month highs of $1.98 and dropped 3.12% to end Tuesday at $1.24. CEI stock price retreated in tandem with oil prices after fears over the Russia-Ukraine conflict ebbed on reports that Ukraine would no longer seek NATO membership, in a nod to Russia.Mar 9, 2022

When did CEI stock split?

CEI Splits
Split dateSplit Ratio
Dec 24, 201852/1 Stock Split
Mar 05, 201852/1 Stock Split
Jul 15, 201552/1 Stock Split
Feb 04, 20084/1 Stock Split
2 more rows

Is CEI being delisted?

CEI Stock 8-K Filing - Notice of Delisting

(the “Company”) is not in compliance with NYSE American LLC's (the “Exchange”) continued listing standards.

Why is CEI stock halted?

Trading in Camber Energy (CEI -52.1%) has been halted for news pending. The stock had already been halted briefly nine times for volatility after getting tanked by a new short report from Kerrisdale Capital.Oct 5, 2021

Will camber energy stock go up?

Based on the algorithm-based CEI price prediction from Wallet Investor as of 22 March, the price of Camber Energy in the near term could rise to $1.14 per share by 4 April 2022.Mar 22, 2022

Is CEI going to reverse split?

(NYSE American:CEI) ("Camber" or the "Company") based in Houston, Texas, today announced that, its Board of Directors has approved a 1-for-50 reverse stock split of the Company's (a) authorized shares of common stock; and (b) issued and outstanding shares of common stock.Oct 24, 2019

Is Camber energy a legit company?

CEI has failed to file financial reports for 2021. Moreover, several lawsuits have been filed against the company alleging multiple violations of the federal securities laws. Given its lack of transparency and concerns regarding potential delisting, we think CEI is best avoided now. How Does Camber Energy, Inc.Mar 3, 2022

Is Camber energy an oil company?

Camber Energy, Inc. is an independent oil and natural gas company. It engages in the acquisition, development, and sale of crude oil and natural gas from various known productive geological formations. Its operations mainly focus on Central Oklahoma, South, and West Texas.

What does camber energy do?

About Camber Energy Inc

(Camber) is a diversified energy company. The Company, through its subsidiary, Viking Energy Group, Inc. (Viking), provides custom energy and power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States.

What happened to Camber Energy Inc?

CASE ALLEGATIONS: In December 2020, Camber Energy acquired a controlling interest in Viking Energy Group, Inc., a purported independent exploration and production company. Then, in February 2021, Camber Energy executed a definitive merger agreement with Viking to effect the full combination of the two entities.Dec 18, 2021

What happens if a stock is delisted?

Here's what happens when a stock is delisted. A company receives a warning from an exchange for being out of compliance. That warning comes with a deadline, and if the company has not remedied the issue by then, it is removed from the exchange and instead trades over the counter (OTC), meaning through a dealer network.Mar 7, 2022

Is CEI a good investment?

Is CEI stock a good investment? The short answer is no, CEI stock is not a good investment. It is a penny stock and the recent attention around the company is purely hype. CEI is also classed as a meme stock, which means it is subject to severe volatility.

It's fucking awful seeing the "Silver" misinformation campaign everywhere I look

They're talking on CNBC as if people on Reddit are actually squeezing silver. It's fucking absurd, they're practically encouraging it.

Companies try to prevent people from trading GME and AMC

Not sure about the other trading apps but Trading212 prevents people now from buying shares. Quote:

Today is a dark day for traders

It does not matter if you invested in GME, made money on NOK, or you are just interested in the stock market.

GME Dedicated Thread - Breaking: CNBC engages in market manipulation - lies about Melvin Capital having already covered positions

We are opening this thread so it can be dedicated to talks about the current GME situation.

Is anyone else feeling really depressed from the turn of events recently?

I used to be a proud trader and investor, determined to break through the shackles of society to reach financial freedom. I started out with almost zero, and by capitalizing on the stock market frenzy last year, I was able to completely change my life around.

GME end financial culture: how this meme is becoming a serious thing

It is the first time that the financial market is being used against the same monsters who bet on the failures of companies and enjoy manipulating the markets and impoverishing investors.

Signals & Forecast

The Camber Energy, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $0.77 and $0.70. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Camber Energy, Inc. finds support just below today's level at $0.77.

Is Camber Energy, Inc. stock A Buy?

Camber Energy, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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Camber Energy Inc

Camber Energy, Inc. is an independent oil and natural gas company. It engages in the acquisition, development and sale of crude oil and natural gas from various known productive geological formations. Its operations mainly focuses in Central Oklahoma, South, and West Texas. Camber Energy was founded by William A. Sawyer and James J.

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What is the EBITDA for 2020?

Adjusted EBITDA for the six-month period ending June 30, 2020, was $10.05 million, as compared to $10.34 million for the six-month period ending June 30, 2019. Current Assets were $9.21 million, as compared to $7.84 million in Q-1 2019.

How much is EBITDA for 2020?

Adjusted EBITDA was $3.31 million for the three-month period ended June 30, 2020, as compared to $4.62 million for the three-month period ended June 30, 2019. Adjusted EBITDA for the six-month period ending June 30, 2020, was $10.05 million, as compared to $10.34 million for the six-month period ending June 30, 2019.

Where is Camber Energy located?

Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas, and natural gas liquids in Texas and Louisiana. The company was formerly known as Lucas Energy.

When did Camber Energy merge with Viking?

Camber Energy and Viking agreed to merge on February 3rd and then the COVID-19 pandemic swept across the nation. Oil prices collapsed and lockdowns drove the US economy to halt.

Who is the CEO of Camber?

Louis G. Schott, Interim CEO of Camber, stated: “Camber is extremely excited about the planned Merger. Viking’s 2019 results, as well as its recent hedging activities, have already proved more favorable than expected.

When did Camber file S-4?

On September 4, 2020 , Camber filed with the SEC, an amended Registration Statement on Form S-4, including a preliminary joint proxy statement relating to the planned merger, which addressed SEC comments that Camber had received on the original Form S-4 which was filed on June 4, 2020.

Is Insider Financial an investment advisor?

Insider Financial is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This article is not a solicitation or recommendation to buy, sell, or hold securities.

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