New Concept Energy(GBR)
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New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-03-31 22:15
New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 Results Mar 31, 2026 6:15 PM Eastern Daylight Time New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 Results Share DALLAS--(BUSINESS WIRE)--New Concept Energy, Inc. (NYSE American: GBR), (the "Company†or "NCE†) a Dallas-based company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2025. During the three months ended December 31,2025 the Company reported net income of $12, ...
New Concept Energy(GBR) - 2025 Q4 - Annual Report
2026-03-31 21:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K For the Year ended December 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 000-08187 NEW CONCEPT ENERGY, INC. (State or Other Jurisdiction of Incorporation or Organization) Nevada 75-2399477 (I.R.S. Employer Identification No.) 1603 LBJ Freeway Suite 800 Dallas, Texas 75234 x ANNUAL REPORT PURSUANT TO SECTION 13 OR ...
Why Did New Concept Energy (GBR) Stock Surge Over 26% After Hours? - BP (NYSE:BP), New Concept Energy (AMEX:GBR)
Benzinga· 2026-03-06 06:47
Core Viewpoint - New Concept Energy Inc. shares have experienced significant price movement, with a notable increase in after-hours trading, driven by market conditions related to the Strait of Hormuz [1][2]. Group 1: Stock Performance - Shares surged 26.61% to $1.38 in after-hours trading, following a 33.01% increase to $1.09 during regular trading [1]. - The stock has a market capitalization of $5.59 million, with a 52-week high of $1.78 and a low of $0.67 [3]. - Over the past 12 months, the stock has gained 1.87% and is currently positioned about 38% above its 52-week low [3]. Group 2: Technical Analysis - The Relative Strength Index (RSI) of GBR stands at 67.77, indicating a strong momentum [3]. - Benzinga's Edge Stock Rankings suggest that GBR is undergoing long-term consolidation while experiencing medium and short-term upward movement [4]. Group 3: Company Overview - New Concept Energy is a fully integrated oil and gas producer, focusing on North American drilling and exploration, particularly in the Appalachian and Utica basins [2].
New Concept Energy(GBR) - 2025 Q3 - Quarterly Results
2025-11-17 18:10
Financial Performance - For Q3 2025, New Concept Energy reported a net loss of $20,000, compared to a net loss of $4,000 in Q3 2024, indicating a significant increase in losses [2]. - Total revenue for Q3 2025 was $39,000, a slight increase from $37,000 in Q3 2024, with rental revenue remaining constant at $26,000 and management fees increasing from $11,000 to $13,000 [3][10]. - The company reported a loss from operations of $63,000 in Q3 2025, compared to a loss of $56,000 in Q3 2024 [10]. - For the nine months ended September 30, 2025, total revenues increased to $117,000 from $110,000 in the same period of 2024 [10]. - The net income (loss) applicable to common shares for the nine months ended September 30, 2025, was a loss of $58,000, compared to a net income of $1,000 in the same period of 2024 [10]. Expenses and Income - Corporate general and administrative expenses rose to $88,000 in Q3 2025 from $79,000 in Q3 2024, reflecting a 11.4% increase [3][10]. - Interest income from related parties decreased to $40,000 in Q3 2025 from $50,000 in Q3 2024, a decline of 20% [10]. Assets and Equity - Total assets as of September 30, 2025, were $4,542,000, a decrease from $4,594,000 as of December 31, 2024 [6][8]. - Cash and cash equivalents decreased to $307,000 as of September 30, 2025, down from $363,000 at the end of 2024 [6]. - Total stockholders' equity decreased to $4,479,000 as of September 30, 2025, compared to $4,537,000 at the end of 2024 [8].
New Concept Energy(GBR) - 2025 Q3 - Quarterly Report
2025-11-12 12:08
Financial Performance - For the three months ended September 30, 2025, the Company reported a net loss of $20,000, compared to a net loss of $4,000 for the same period in 2024 [51]. - For the nine months ended September 30, 2025, the Company reported a net loss of $58,000, compared to net income of $1,000 for the same period in 2024 [54]. Revenue - Revenue for the three months ended September 30, 2025 was $39,000, including $26,000 from rental revenue and $13,000 from management fees, compared to $37,000 in total revenue for the same period in 2024 [52]. - Revenue for the nine months ended September 30, 2025 was $117,000, including $78,000 from rental revenue and $39,000 from management fees, compared to $110,000 in total revenue for the same period in 2024 [55]. Expenses - Corporate general and administrative expenses for the three months ended September 30, 2025 were $88,000, an increase from $79,000 in the comparable period in 2024 [52]. - Corporate general and administrative expenses for the nine months ended September 30, 2025 were $262,000, up from $235,000 in the comparable period in 2024 [55]. Interest Income - Interest income for the three months ended September 30, 2025 was $43,000, down from $52,000 in the same period in 2024 due to lower interest rates [53]. - Interest income for the nine months ended September 30, 2025 was $128,000, compared to $165,000 for the same period in 2024, also due to lower interest rates [56]. Liquidity Position - As of September 30, 2025, the Company had current assets of $334,000 and current liabilities of $63,000, indicating a strong liquidity position [49]. - Cash and cash equivalents at September 30, 2025 were $307,000, a decrease from $363,000 at December 31, 2024 [50].
New Concept Energy(GBR) - 2025 Q2 - Quarterly Results
2025-08-15 18:26
New Concept Energy Inc. Investor Relations Gene Bertcher, (800) 400-6407 info@newconceptenergy.com Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Contact: For the three months ended June 30, 2025, corporate general & administrative expenses were $85,000 as compared to $78,000 for the comparable period in 2024. For the three months ended June 30, 2025, interest income was $42,000 as compared to $56,000 for the comparable period in 2024. New Concept Energy, Inc. is a Dallas-based company which owns real esta ...
New Concept Energy(GBR) - 2025 Q2 - Quarterly Report
2025-08-12 21:41
x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2025 Or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 000-08187 NEW CONCEPT ENERGY, INC. (State or Other Jurisdiction of Incorporation or Organization) Nevada 75-2399477 (I.R.S. Employer Identification No.) ...
New Concept Energy(GBR) - 2025 Q1 - Quarterly Results
2025-05-21 21:00
Financial Performance - For Q1 2025, New Concept Energy reported a net loss of $20,000, compared to a net income of $2,000 in Q1 2024, indicating a significant decline in profitability [2]. - Total revenue for Q1 2025 was $38,000, which is a 5.56% increase from $36,000 in Q1 2024, driven by rental income of $26,000 and management fees of $12,000 [3][10]. - The company reported a loss from operations of $63,000 in Q1 2025, compared to a loss of $55,000 in Q1 2024, reflecting a worsening operational performance [10]. - Interest income for Q1 2025 was $43,000, down from $57,000 in Q1 2024, representing a decline of 24.56% [10]. - The net loss per common share for Q1 2025 was $(0.01), compared to a net income per share of $0.01 in Q1 2024 [10]. Expenses and Liabilities - Corporate general and administrative expenses rose to $89,000 in Q1 2025, up from $78,000 in Q1 2024, reflecting a 14.1% increase [3][10]. - Current liabilities decreased to $48,000 in Q1 2025 from $57,000 in Q4 2024, showing a reduction of approximately 15.79% [8]. Assets and Equity - The company's total assets decreased slightly to $4,565,000 as of March 31, 2025, down from $4,594,000 at the end of 2024 [6][8]. - Stockholders' equity as of March 31, 2025, was $4,517,000, a decrease from $4,537,000 at the end of 2024, indicating a decline of 0.44% [8]. Shares Outstanding - The weighted average common shares outstanding remained stable at 5,132,000 for both Q1 2025 and Q1 2024 [10].
New Concept Energy(GBR) - 2025 Q1 - Quarterly Report
2025-05-15 16:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTER ENDED March 31, 2025 Or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 000-08187 NEW CONCEPT ENERGY, INC. (State or Other Jurisdiction of Incorporation or Organization) Nevada 75-2399477 (I.R.S. Employer Identification No.) ...
New Concept Energy(GBR) - 2024 Q4 - Annual Results
2025-03-27 17:18
Financial Performance - For Q4 2024, New Concept Energy reported a net loss of $19,000, an improvement from a net loss of $39,000 in Q4 2023[2] - For the full year 2024, the company reported a net loss of $18,000, compared to a net loss of $21,000 in 2023[3] - Total revenues for 2024 were $146,000, a decrease from $152,000 in 2023, primarily due to a decline in management fees from oil and gas operations[4] - Management fees decreased to $45,000 in 2024 from $51,000 in 2023, reflecting a decrease in oil and gas revenue[4] - Interest income was $213,000 in 2024, down from $222,000 in 2023[6] Operating Expenses - Operating expenses for real estate property decreased to $48,000 in 2024 from $57,000 in 2023[5] Assets and Liabilities - Total current assets decreased to $372,000 in 2024 from $459,000 in 2023[9] - Total assets decreased slightly to $4,594,000 in 2024 from $4,630,000 in 2023[9] - Total liabilities decreased to $57,000 in 2024 from $75,000 in 2023[11] - The accumulated deficit increased to $59,094,000 in 2024 from $59,076,000 in 2023[11]