Camber Energy, Inc. (NYSE:CEI) is one of the more popular stocks investors are adding into their watchlist. Now trading with a market value of 11.34M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.
Camber Energy, Inc. (NYSE:CEI) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For CEI, the company currently has 1.02 million of cash on the books, which is offset by 43.79 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been falling. The company also has 37.53 million in total assets, balanced by 50.83 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
Camber Energy, Inc. (CEI) saw -1.06 million in free cash flow last quarter, representing a quarterly net change in cash of -1.37 million. Perhaps most importantly where cash movements are concerned, the company saw about -414,796 in net operating cash flow.
Camber Energy, Inc. (NYSE:CEI) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 1.9 million in total revenues. That represents a quarterly year/year change in revenues of inf in sequential terms, the CEI saw sales decline by -0.19.
But what about the bottom line? After all, that’s what really matters in the end. Camber Energy, Inc. (CEI) is intriguing when broken down to its core data. The cost of selling goods last quarter was 1.67 million, yielding a gross basic income of 227,869. For shareholders, given the total diluted outstanding shares of 30.43 million, this means overall earnings per share of -0.10.
Is Camber Energy, Inc. (NYSE:CEI) Valuation Attractive
One should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Camber Energy, Inc..