Camber Energy Q2 net loss widens to $1.75 million; operating loss narrows to $692,611
Reuters2026/08/13 21:02- Camber posted a net loss of $1.75 million for the quarter ended June 30, 2026, reversing net income of $4.37 million a year earlier.
- Operating loss narrowed to $692,611 from $1.3 million, while other expense totaled $1.06 million versus other income of $5.68 million.
- For the six months ended June 30, net loss widened to $3.47 million from net income of $1.18 million; operating loss improved to $1.32 million.
- Revenue was none, versus $6.23 million a year earlier, reflecting the deconsolidation of Simson-Maxwell’s results.
- Cash ended at $393,728; working capital deficit widened to $63.1 million, with management citing substantial doubt about going concern.
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