Quarterly ResultAug 13, 2026, 05:08 PM
Camber Energy Reports Q2 Loss, Zero Revenue, Going Concern Warning
AI Summary
Camber Energy, Inc. reported a net loss of $(1,682,360) for the three months ended June 30, 2026, and $(3,359,276) for the six months ended June 30, 2026, with basic and diluted EPS of $(0.01) for both periods. The company recorded zero revenue for both the quarter and the six-month period. These financial results, coupled with a stockholders' deficit of $46,822,397 and a working capital deficiency of $63,100,470, led to a going concern warning. The current portion of long-term debt significantly increased to $46,943,524.
Key Highlights
- Net loss attributable to Camber Energy: $(1,682,360) for Q2 2026.
- Net loss attributable to Camber Energy: $(3,359,276) for H1 2026.
- Basic and diluted EPS: $(0.01) for Q2 and H1 2026.
- Zero revenue reported for Q2 and H1 2026.
- Company issued a going concern warning due to financial conditions.
- Working capital deficiency increased to $63,100,470 at June 30, 2026.
- Current portion of long-term debt surged to $46,943,524.
- Investment in T&T Power (formerly Simson-Maxwell) restructured via amalgamation.
Price Impact
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