$CEIN
CAMBER ENERGY, INC. Stock $cein

$cein Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000147793223003359 Filed on May 15, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$83.65K	$93.47K	$136.4K
YoY Change	-51.27%	-31.48%	107.78%
Cost Of Revenue	$32.02K	$43.09K	$49.37K
YoY Change	-22.6%	-12.72%	75.69%
Gross Profit	$51.63K	$50.38K	$87.04K
YoY Change	-60.37%	-42.12%	131.8%
Gross Profit Margin	61.72%	53.9%	63.81%
Selling, General & Admin	$2.126M	$1.419M	$1.102M
YoY Change	93.83%	28.82%	-41.81%
% of Gross Profit	4117.04%	2817.01%	1265.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.720K	$2.823K	$2.870K
YoY Change	-5.23%	-1.64%	-157.86%
% of Gross Profit	5.27%	5.6%	3.3%
Operating Expenses	$2.160M	$1.465M	$1.105M
YoY Change	89.36%	32.64%	-41.81%
Operating Profit	-$2.077M	-$1.372M	-$1.018M
YoY Change	114.27%	34.8%	-45.32%
Interest Expense	$1.176M	$1.158M	-$67.14M
YoY Change	46.09%	-101.73%	56.44%
% of Operating Profit
Other Income/Expense, Net	$3.998M	-$974.4K	-$67.14M
YoY Change	-28.16%	-98.55%
Pretax Income	$1.921M	-$2.346M	-$68.16M
YoY Change	-58.2%	-96.56%	52.21%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$1.921M	-$2.346M	-$68.16M
YoY Change	-58.2%	-96.56%	52.21%
Net Earnings / Revenue	2296.21%	-2509.95%	-49963.7%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.08	-$0.12	-$219.9K
COMMON SHARES
Basic Shares Outstanding	22.63M shares	20.00M shares	6.200M shares
Diluted Shares Outstanding	22.62M shares	19.72M shares	6.200M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$137.5K	$575.0K	$4.207M
YoY Change	-93.75%	-86.33%	1128.79%
Cash & Equivalents	$137.5K	$575.0K	$4.207M
Short-Term Investments
Other Short-Term Assets	$283.3K	$389.6K	$312.6K
YoY Change	24.63%	24.63%	0.0%
Inventory
Prepaid Expenses	$283.3K	$389.6K
Receivables		$0.00	$6.380K
Other Receivables		$0.00	$0.00
Total Short-Term Assets	$420.8K	$964.6K	$4.526M
YoY Change	-82.71%	-78.69%	591.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$60.70K	$61.91K	$67.28K
YoY Change	-7.64%	-7.98%	-8.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$25.31M	$25.74M	$35.33M
YoY Change	-26.21%	-27.15%	22.44%
Other Assets	$4.852M	$6.077M	$8.397M
YoY Change	-39.51%	-27.63%
Total Long-Term Assets	$30.22M	$31.88M	$43.80M
YoY Change	-28.7%	-27.21%	51.38%
TOTAL ASSETS
Total Short-Term Assets	$420.8K	$964.6K	$4.526M
Total Long-Term Assets	$30.22M	$31.88M	$43.80M
Total Assets	$30.64M	$32.84M	$48.32M
YoY Change	-31.63%	-32.03%	63.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.488M	$1.077M	$1.577M
YoY Change	21.65%	-31.7%	24.69%
Accrued Expenses	$4.512M	$4.244M	$2.374M
YoY Change	73.26%	78.75%	188.39%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$35.52M
YoY Change	9.96%
Total Short-Term Liabilities	$11.07M	$17.53M	$84.95M
YoY Change	-72.93%	-79.37%	-36.72%
LONG-TERM LIABILITIES
Long-Term Debt	$35.52M	$34.72M	$31.50M
YoY Change	9.96%	10.21%	75.02%
Other Long-Term Liabilities	$64.52K	$63.01K	$54.32K
YoY Change	15.98%	16.0%	7.1%
Total Long-Term Liabilities	$35.52M	$34.72M	$31.56M
YoY Change	9.96%	10.02%	74.83%
TOTAL LIABILITIES
Total Short-Term Liabilities	$11.07M	$17.53M	$84.95M
Total Long-Term Liabilities	$35.52M	$34.72M	$31.56M
Total Liabilities	$46.66M	$542.3M	$116.5M
YoY Change	-36.31%	365.46%	-23.5%
SHAREHOLDERS EQUITY
Retained Earnings	-$589.5M	-$591.4M
YoY Change	-208.19%
Common Stock	$26.54K	$20.00K
YoY Change	-94.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$16.02M	-$19.47M	-$68.19M
YoY Change
Total Liabilities & Shareholders Equity	$30.64M	$32.84M	$48.32M
YoY Change	-31.63%	-32.03%	63.33%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	$1.921M	-$2.346M	-$68.16M
YoY Change	-58.2%	-96.56%	52.21%
Depreciation, Depletion And Amortization	$2.720K	$2.823K	$2.870K
YoY Change	-5.23%	-1.64%	-157.86%
Cash From Operating Activities	-$1.662M	-$1.087M	-$1.125M
YoY Change	65.02%	-3.42%	-238.24%
INVESTING ACTIVITIES
Capital Expenditures		$25.73K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$1.225M	$495.0K	-$4.297M
YoY Change	226.67%	-111.52%	-202.32%
Cash From Investing Activities	$1.225M	$495.0K	-$4.297M
YoY Change	226.67%	-111.52%	-202.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			-$20.23M
YoY Change			237.08%
Debt Paid & Issued, Net		$0.00	$1.000M
YoY Change		-100.0%
Cash From Financing Activities	0.000	$0.00	3.775M
YoY Change	-100.0%	-100.0%	-162.92%
NET CHANGE
Cash From Operating Activities	-1.662M	-$1.087M	-1.125M
Cash From Investing Activities	1.225M	$495.0K	-4.297M
Cash From Financing Activities	0.000	$0.00	3.775M
Net Change In Cash	-437.5K	-$591.6K	-1.647M
YoY Change	-78.21%	-64.09%	67.04%
FREE CASH FLOW
Cash From Operating Activities	-$1.662M	-$1.087M	-$1.125M
Capital Expenditures		$25.73K
Free Cash Flow		-$1.112M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	7592744	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	17831042	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	61545	usd
CY2022Q4	us-gaap	Liabilities Liabilities	51820347	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	18093	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	571888348	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-589030080	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-17123633	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	34696714	usd
CY2023Q1	cei	Oil And Gas Sales OilAndGasSales	93471	usd
CY2022Q1	cei	Oil And Gas Sales OilAndGasSales	136407	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	43085	usd
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	49365	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	9757927	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	17529207	usd
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001309082
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20000000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	18092663	shares
CY2022Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2020Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	93981234	usd
CY2021	cei	Issuance Of Common Shares For Consulting Fees Amount IssuanceOfCommonSharesForConsultingFeesAmount	1494858	usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	000-29219
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	CAMBER ENERGY, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	20-2660243
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	15915 Katy Freeway
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 450
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Houston
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	77094
CY2023Q1	dei	City Area Code CityAreaCode	281
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	404 4387
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.001 Par Value Per Share
CY2023Q1	dei	Trading Symbol TradingSymbol	CEI
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSEAMER
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	22625979	shares
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	389583	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	56833	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	964560	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	1223429	usd
CY2023Q1	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	61907	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	63267	usd
CY2023Q1	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	61907	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	63267	usd
CY2023Q1	cei	Due From Viking Energy Group Inc DueFromVikingEnergyGroupInc	6077300	usd
CY2022Q4	cei	Due From Viking Energy Group Inc DueFromVikingEnergyGroupInc	6572300	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	25739879	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	26837718	usd
CY2023Q1	us-gaap	Assets Assets	32843646	usd
CY2022Q4	us-gaap	Assets Assets	34696714	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1076824	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	791499	usd
CY2023Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	4244166	usd
CY2022Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	3549620	usd
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	3000	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	3000	usd
CY2023Q1	cei	Warrants Liability WarrantsLiability	2447290	usd
CY2022Q4	cei	Warrants Liability WarrantsLiability	5894179	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	34721141	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	33927760	usd
CY2023Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	63008	usd
CY2023Q1	us-gaap	Liabilities Liabilities	542313356	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	18092663	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	20000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	571886440	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-591376156	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-19469710	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	32843646	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1419213	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	977990	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	123754	usd
CY2023Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2823	usd
CY2022Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	2867	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	1465121	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	1153976	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1371650	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1017569	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	1158293	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	1161275	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary	-1097839	usd
CY2022Q1	us-gaap	Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary	-965910	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	1281706	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-65010723	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-974426	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-67137908	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2346076	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-68155477	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-2346076	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-68155477	usd
CY2023Q1	cei	Earning Per Shares Basic And Diluted EarningPerSharesBasicAndDiluted	-0.12
CY2022Q1	cei	Earning Per Shares Basic And Diluted EarningPerSharesBasicAndDiluted	-10.99
CY2023Q1	cei	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	19718868	shares
CY2022Q1	cei	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	6199798	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	2346076	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	68155477	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	123754	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2823	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2867	usd
CY2023Q1	cei	Change In Fair Value Of Derivative And Warrant Liability ChangeInFairValueOfDerivativeAndWarrantLiability	-1281706	usd
CY2022Q1	cei	Change In Fair Value Of Derivative And Warrant Liability ChangeInFairValueOfDerivativeAndWarrantLiability	65010723	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	793380	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	766935	usd
CY2023Q1	us-gaap	Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary	-1097839	usd
CY2022Q1	us-gaap	Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary	-965910	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	0	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-18005	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-361796	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	255750	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	285325	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	397969	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1086619	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1125064	usd
CY2023Q1	cei	Loans To Viking LoansToViking	0	usd
CY2022Q4	us-gaap	Fdic Indemnification Asset FDICIndemnificationAsset	916596	usd
CY2022Q1	cei	Loans To Viking LoansToViking	4297300	usd
CY2023Q1	cei	Repayments Received From Viking RepaymentsReceivedFromViking	495000	usd
CY2022Q1	cei	Repayments Received From Viking RepaymentsReceivedFromViking	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	495000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4297300	usd
CY2023Q1	cei	Redemption Of Series C Preferred Stock RedemptionOfSeriesCPreferredStock	0	usd
CY2022Q1	cei	Redemption Of Series C Preferred Stock RedemptionOfSeriesCPreferredStock	-18850000	usd
CY2023Q1	cei	Redemption Of Series G Preferred Stock RedemptionOfSeriesGPreferredStock	0	usd
CY2022Q1	cei	Redemption Of Series G Preferred Stock RedemptionOfSeriesGPreferredStock	-1375000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	25000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3775000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-591619	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-1647364	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1166596	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5854382	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	574977	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4207018	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	290	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	6002	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-17123633	usd
CY2023Q1	cei	Conversion Of Series C Preferred Stock Amount ConversionOfSeriesCPreferredStockAmount	0	usd
CY2023Q1	cei	True Up Shares Amount TrueUpSharesAmount	0	usd
CY2023Q1	cei	Adjustment For Rounding AdjustmentForRounding	-1	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-2346076	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-19469710	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-71813552	usd
CY2022Q1	cei	Conversion Of Series C Preferred Stock Amount ConversionOfSeriesCPreferredStockAmount	51708312	usd
CY2022Q1	cei	True Up Shares Amount TrueUpSharesAmount	25412740	usd
CY2022Q1	cei	Issuance Of Common Shares For Consulting Fees Amount IssuanceOfCommonSharesForConsultingFeesAmount	123754	usd
CY2022Q1	cei	Redemption Of Series C Preferred Share For Cash Amount RedemptionOfSeriesCPreferredShareForCashAmount	-18850000	usd
CY2022Q1	cei	Redemption Of Series G Preferred Stocks Amount RedemptionOfSeriesGPreferredStocksAmount	-1375000	usd
CY2022Q1	cei	Warrant Issued For Debt Discount WarrantIssuedForDebtDiscount	14763393	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-68155477	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-68185831	usd
CY2023Q1	cei	Beneficial Ownership Percentage BeneficialOwnershipPercentage	0.0499	pure
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 2 – ORGANIZATION AND OPERATIONS OF THE COMPANY</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">Camber’s aim is to become a growth-oriented diversified energy company. The Company owns minority, non-operated working interests in certain oil & gas wells in Texas and/or Louisiana, and through its investment in Viking, the organization provides custom energy & power solutions to commercial and industrial clients in North America. Viking also holds an exclusive license in Canada to a patented carbon-capture system, and has a majority interest in: (i) an entity with intellectual property rights to a fully developed, patented, proprietary Medical & Bio-Hazard Waste Treatment system using Ozone Technology; and (ii) entities with the intellectual property rights to fully developed, patent pending, proprietary Electric Transmission and Distribution Open Conductor Detection Systems. </p>
CY2023Q1	us-gaap	Fdic Indemnification Asset FDICIndemnificationAsset	324977	usd
CY2022	cei	Accumulated Depreciation Depletion And Amortization AccumulatedDepreciationDepletionAndAmortization	78370049	usd
CY2023Q1	cei	Accumulated Depreciation Depletion And Amortization AccumulatedDepreciationDepletionAndAmortization	78371409	usd
CY2022	cei	Costs Incurred Acquisition Of Unproved Oil And Gas Properties Net CostsIncurredAcquisitionOfUnprovedOilAndGasPropertiesNet	63267	usd
CY2023Q1	cei	Costs Incurred Acquisition Of Unproved Oil And Gas Properties Net CostsIncurredAcquisitionOfUnprovedOilAndGasPropertiesNet	61907	usd
CY2022Q4	us-gaap	Debt Instrument Annual Principal Payment DebtInstrumentAnnualPrincipalPayment	46815789	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	12094648	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	12888029	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	34721141	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	33927760	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and disclosure of contingent assets and liabilities. Significant areas requiring the use of management estimates relate to the determination of fair value of the Company’s Series C Preferred stock, impairment of long-lived assets, stock-based compensation, asset retirement obligations, and the determination of expected tax rates for future income tax recoveries.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The estimates of proved, probable and possible oil and gas reserves are used as significant inputs in determining the depletion of oil and gas properties and the impairment of proved and unproved oil and gas properties. There are numerous uncertainties inherent in the estimation of quantities of proved, probable and possible reserves and in the projection of future rates of production and the timing of development expenditures. Similarly, evaluations for impairment of proved and unproved oil and gas properties are subject to numerous uncertainties including, among others, estimates of future recoverable reserves and commodity price outlooks. Actual results could differ from the estimates and assumptions utilized.</p>
CY2023Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	9757927	usd
CY2022Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	7592744	usd
CY2023Q1	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2022	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	78433316	usd
CY2023Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	78433316	usd
CY2023Q1	us-gaap	Debt Instrument Annual Principal Payment DebtInstrumentAnnualPrincipalPayment	46815789	usd
CY2023Q1	cei	Carrying Amount At Beginning Of Year CarryingAmountAtBeginningOfYear	26837718	usd
CY2022	cei	Carrying Amount At Beginning Of Year CarryingAmountAtBeginningOfYear	36299592	usd
CY2023Q1	cei	Proportionate Share Of Losses ProportionateShareOfLosses	-1097839	usd
CY2022	cei	Proportionate Share Of Losses ProportionateShareOfLosses	-9461874	usd
CY2023Q1	cei	Carrying Amount At Ending Of Year CarryingAmountAtEndingOfYear	25739879	usd
CY2022	cei	Carrying Amount At Ending Of Year CarryingAmountAtEndingOfYear	26837718	usd
CY2023Q1	cei	Asset Retirement Obligation Beginning AssetRetirementObligationBeginning	61545	usd
CY2022	cei	Asset Retirement Obligation Beginning AssetRetirementObligationBeginning	53055	usd
CY2023Q1	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	1463	usd
CY2022	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	8490	usd
CY2023Q1	cei	Asset Retirement Obligation Ending AssetRetirementObligationEnding	63008	usd
CY2022Q4	cei	Asset Retirement Obligation Ending AssetRetirementObligationEnding	61545	usd
CY2023Q1	cei	Less Current Portion LessCurrentPortion	0	usd
CY2023Q1	cei	Net Long Term Debt NetLongTermDebt	34721141	usd
CY2022Q4	cei	Net Long Term Debt NetLongTermDebt	33927760	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	34721141	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	0	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	34721141	usd
CY2023Q1	us-gaap	Common Stock Convertible Conversion Price Increase CommonStockConvertibleConversionPriceIncrease	3.25
CY2023Q1	cei	Conversion Premium Dividend Rate ConversionPremiumDividendRate	0.2495	pure
CY2023Q1	cei	Increased Conversion Premium Dividend IncreasedConversionPremiumDividend	0.3495	pure
CY2023Q1	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	the Company declared four reverse stock splits in 2018 and 2019 and the Company’s common stock generally trades at less than $1.00 per share
CY2022Q4	cei	Carrying Amount At Beginning Of Period CarryingAmountAtBeginningOfPeriod	7592744	usd
CY2021Q4	cei	Carrying Amount At Beginning Of Period CarryingAmountAtBeginningOfPeriod	93108568	usd
CY2023Q1	cei	Issued Series C Preferred Shares IssuedSeriesCPreferredShares	0	usd
CY2022	cei	Issued Series C Preferred Shares IssuedSeriesCPreferredShares	0	usd
CY2023Q1	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	2165183	usd
CY2022	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	89523091	usd
CY2023Q1	cei	Settlement Of Obligation Issuance Of Common Shares SettlementOfObligationIssuanceOfCommonShares	0	usd
CY2022	cei	Settlement Of Obligation Issuance Of Common Shares SettlementOfObligationIssuanceOfCommonShares	-175038915	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	9757927	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	7592744	usd
CY2023Q1	cei	Overriding Royalty Interest OverridingRoyaltyInterest	0.04	pure
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	93471	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	136407	usd
CY2023Q1	cei	Issuance Of Common Shares For Consulting Fees Amount IssuanceOfCommonSharesForConsultingFeesAmount	1336143	usd
CY2023Q1	us-gaap	Preferred Stock Convertible Shares Issuable PreferredStockConvertibleSharesIssuable	14646	shares
CY2022Q4	us-gaap	Preferred Stock Convertible Shares Issuable PreferredStockConvertibleSharesIssuable	16615	shares
CY2023Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	5950730	shares
CY2022Q4	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	3758845	shares
CY2023Q1	cei	Dilution Of The Company S Existing Shareholders DilutionOfTheCompanySExistingShareholders	5965376	shares
CY2022Q4	cei	Dilution Of The Company S Existing Shareholders DilutionOfTheCompanySExistingShareholders	3775460	shares
CY2023Q1	us-gaap	Preferred Stock Convertible Conversion Price PreferredStockConvertibleConversionPrice	0.4503
CY2023Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	3000001	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	25000000	usd
CY2021Q1	cei	Description Of Increase Number Of Authorized Common Stock DescriptionOfIncreaseNumberOfAuthorizedCommonStock	from 25,000,000 to 250,000,000
CY2021Q4	cei	Description Of Increase Number Of Authorized Common Stock DescriptionOfIncreaseNumberOfAuthorizedCommonStock	from 250,000,000 to 1,000,000,000
CY2022Q4	cei	Description Of Increase Number Of Authorized Common Stock DescriptionOfIncreaseNumberOfAuthorizedCommonStock	from 1,000,000,000 to 20,000,000
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-2346076	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-68155477	usd
CY2023Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	0	usd
CY2022Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	0	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2346076	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-68155477	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19718868	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6199798	shares
CY2023Q1	cei	Dilutive Effect Of Common Stock Equivalents Options Warrants DilutiveEffectOfCommonStockEquivalentsOptionsWarrants	0	shares
CY2022Q1	cei	Dilutive Effect Of Common Stock Equivalents Options Warrants DilutiveEffectOfCommonStockEquivalentsOptionsWarrants	0	shares
CY2023Q1	cei	Preferred C Shares PreferredCShares	0	shares
CY2022Q1	cei	Preferred C Shares PreferredCShares	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19718868	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6199798	shares
CY2023Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.12
CY2022Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-10.99
CY2023Q1	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.12
CY2022Q1	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-10.99

Files In Submission

Name	View Source	Status
0001477932-23-003359-index-headers.html	Edgar Link	pending
0001477932-23-003359-index.html	Edgar Link	pending
0001477932-23-003359.txt	Edgar Link	pending
0001477932-23-003359-xbrl.zip	Edgar Link	pending
cei-20230331.xsd	Edgar Link	pending
cei_10q.htm	Edgar Link	pending
cei-20230331_cal.xml	Edgar Link	unprocessable
cei-20230331_def.xml	Edgar Link	unprocessable
cei-20230331_lab.xml	Edgar Link	unprocessable
cei-20230331_pre.xml	Edgar Link	unprocessable
cei_10q_htm.xml	Edgar Link	completed
cei_ex311.htm	Edgar Link	pending
cei_ex312.htm	Edgar Link	pending
cei_ex321.htm	Edgar Link	pending
cei_ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CEIN
CAMBER ENERGY, INC. Stock $cein

2023 Q2 Form 10-Q Financial Statement

#000147793223003359 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CEIN CAMBER ENERGY, INC. Stock $cein

2023 Q2 Form 10-Q Financial Statement

#000147793223003359 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CEIN
CAMBER ENERGY, INC. Stock $cein