Oil and Gas Are Booming, but Camber Energy Stock Is Still a Bust

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Energy has been one of the few sectors that held up in 2022. With the invasion of Ukraine showing no signs of abating, oil and natural gas producers remain a hot pick for investors. However, Camber Energy (NYSEAMERICAN:CEI) has not participated in the energy boom. In fact, CEI stock is down 55% year to date.
This is quite a lackluster performance given the strong returns from other oil and gas companies.
Traders might naturally think that Camber is bound to catch up with its peers sooner or later.