Troubled Houston energy co. raises doubts about continued viability

Houston-based Camber Energy Inc. (NYSE American: CEI) has had a tough few years, and the company is now raising concerns about its ability to continue as a viable company.

Camber had a net working capital of about $400,000 as of the end of the year, down from $6.1 million at the end of March in 2019 — the start of Camber’s fiscal year — according to a filing with the U.S. Securities and Exchange Commission. The rapid nine-month decline came from its continuing operations and costs associated…