CEI Stock - Camber Energy Lawsuit Settlement and Potential 500 Million Share Issuance

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This is a quick look at the CEI stock price, price target, and other information about CEI. It also looks at information about the size and quality of the Camber Energy, Inc. Reddit community, and information about the size and quality of the CEI Stocktwits forum. As an investor, it is a good way to get a sense of the investors who are supporting CEI. I consider this a key aspect when conducting Due Diligence and determining whether to invest.

Overview: 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 the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated proved reserves were 133,442 million barrels of oil equivalent comprising 54,850 barrels of crude oil reserves, 43,955 barrels of NGL reserves, and 207,823 million cubic feet of natural gas reserves. The company was formerly known as Lucas Energy Inc. and changed its name to Camber Energy, Inc. in January 2017. Camber Energy, Inc. was incorporated in 2003 and is based in Houston, Texas.

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