Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $0.80 USD
Change Today -0.0295 / -3.55%
Volume 377.3K
CAK On Other Exchanges
As of 10:05 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

camac energy inc (CAK) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/16/15 - $0.91
52 Week Low
01/15/15 - $0.25
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for CAMAC ENERGY INC (CAK)

camac energy inc (CAK) Related Businessweek News

No Related Businessweek News Found

camac energy inc (CAK) Details

CAMAC Energy Inc. operates as an independent oil and gas exploration and production company focused on energy resources in Africa. Its asset portfolio consists of nine licenses covering an area of 43,000 square kilometers, including production and exploration properties offshore Nigeria; and exploration licenses offshore Ghana, Kenya, and Gambia, as well as onshore Kenya. The company was formerly known as Pacific Asia Petroleum, Inc. and changed its name to CAMAC Energy, Inc. in April 2010. The company was founded in 2005 and is headquartered in Houston, Texas. CAMAC Energy, Inc. is a subsidiary of CAMAC Energy Holdings Limited.

86 Employees
Last Reported Date: 03/16/15
Founded in 2005

camac energy inc (CAK) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: --
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $387.1K
Senior Vice President of Exploration & Produc...
Total Annual Compensation: $486.8K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $462.8K
Chief Administrative Officer and Senior Vice ...
Total Annual Compensation: $291.7K
Compensation as of Fiscal Year 2013.

camac energy inc (CAK) Key Developments

CAMAC Energy, Inc. Concludes Oyo-8 Completion Operations

CAMAC Energy, Inc. announced it has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to commence oil production. Oyo-8 is hooked up to the FPSO Armada Perdana owned by Bumi Armada Berhad. However, CAMAC has been informed by Bumi that the FPSO is not ready to receive oil production from the well due to class certification inspections of the vessel’s mooring lines being conducted by the American Bureau of Shipping. Bumi estimates these inspections to be completed within two weeks, at which time Oyo-8 will be allowed to produce into the FPSO. In the meantime, CAMAC is demobilizing the Sedco Express drilling rig from the Oyo-8 location and the rig will then mobilize to the Oyo-6 well location to continue its planned Oyo field operations. The company does not anticipate further changes to the project schedule of the Oyo-7 well as a result of the FPSO inspection delays.

CAMAC Energy Inc. Reports Unaudited Consolidated Operational and Earnings Results for the Year Ended December 31, 2014

CAMAC Energy Inc. reported unaudited consolidated operational and earnings results for the year ended December 31, 2014. For the year, the company reported net loss attributable to the company of $96,062,000 or $0.08 per basic and diluted share against $43,525,000 or $0.05 per basic and diluted share a year ago. Loss from continuing operations before income taxes was $96,308,000 against $43,489,000 a year ago. Net loss from continuing operations was $96,308,000 against $43,489,000 a year ago. Revenues were $53,844,000 against $63,736,000 a year ago. Operating loss was $93,325,000 against $43,527,000 a year ago. Net cash used in operating activities was $33,547,000 against $36,625,000 a year ago. Capital expenditures were $128,510,000 against $602,000 a year ago. For the year, the company reported average production of 1,300 barrels of oil per day, net of royalties.

CAMAC Energy, Inc. to Report Q4, 2014 Results on Mar 12, 2015

CAMAC Energy, Inc. announced that they will report Q4, 2014 results on Mar 12, 2015


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CAK:US $0.80 USD -0.0295

CAK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CAK.
View Industry Companies

Industry Analysis


Industry Average

Valuation CAK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 23.5x
Price/Book 3.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 15.8x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CAMAC ENERGY INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at