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Here's Why Camber Energy Stock Soared Today


Shares of Camber Energy (NYSEMKT: CEI) climbed on Thursday, furthering the oil and gas company's torrid gains so far this year. By the close of trading today, its stock price was up 11.7% after rising as much as 27.8% earlier in the day.

Camber's share price is being driven higher by three powerful catalysts. Like many energy companies, it is benefiting from surging oil and gas prices. Investors seeking to profit from the rally in commodity prices have bid up many oil and gas stocks in recent weeks.

Shares of Camber Energy rose sharply on Thursday. Image source: Getty Images.

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Source Fool.com

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