
While the redrawing of the global energy map and shifting geopolitical inclinations in the Middle East since the beginning of the conflict in Ukraine has seen the U.S. go from “(being) a very domestically focused market into an international powerhouse,” Camber Energy, Inc. (CEI) has seen its share price tumble from $45 to less than $2.
While U.S. energy producers have been struggling to reinvest their windfall gains at healthy terms and hence are resorting to generous returns of capital to existing shareholders in the form of dividends, CEI has been struggling to turn a profit, and its struggles seem far from over.