Motley Fool

Why Camber Energy Stock Surged Today

Shares of Camber Energy (NYSEMKT: CEI) jumped 18.4% on Tuesday, as investors on social media sites ramped up their bets on the power solutions company. Camber’s majority-owned subsidiary, Viking Energy Group, owns interests in oil and gas fields in Texas, Louisiana, and Mississippi that collectively contain more than 145 active wells. Camber is also expanding into sustainable energy solutions to diversify its business and profit from the growth of alternative fuel sources.

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