Stock exchanges usually do not keep listing loss-bearing companies. This month Camber Energy is delaying financial reports for the 2021 fiscal year and quarter four of 2022. NYSE American is insisting the company release the fully audited reports until May 20. If Camber Energy fails to deliver the reports till that date the exchange has to delist CEI. Throughout several years Camber has never shown positive earnings. This year NYSE American may delist CEI stock after seeing its last losses in 2021 earnings.
Farewell to CEI Stock in May?
It is too early to say goodbye to Camber Energy stock. If CEI really gets out of NYSE the shares will be available in OTC markets. However, buying OTC shares is quite a time-consuming process. Anyway, Camber fans may stay in touch with its shares 24/7.