New Concept Energy, Inc. engages in real estate rental business. It owns approximately 190 acres of land located in Parkersburg West Virginia. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Arcadian Energy, Inc.
IPO Year: 1993
Exchange: AMEX
Website: newconceptenergy.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/24/2022 | $23.00 → $29.00 | Outperform → Market Perform | BMO Capital |
| 12/6/2021 | $23.50 → $27.00 | Speculative Buy | Canaccord Genuity |
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
10-Q - New Concept Energy, Inc. (0000105744) (Filer)
DEF 14A - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
8-K - New Concept Energy, Inc. (0000105744) (Filer)
SC 13D/A - New Concept Energy, Inc. (0000105744) (Subject)
SC 13D/A - New Concept Energy, Inc. (0000105744) (Subject)
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the third quarter ended September 30, 2024. The Company reported a net loss of ($4,000) for the three months ended September 30, 2024, as compared to net income of $7,000 for the similar period in 2023. For the three months ended September 30, 2024 the Company had revenue of $37,000 including $26,000 for rental revenue and $11,000 for management fees as compared to revenue of $35,000 including $25,000 for rental revenue and $10,000 for management fees for the comparative period in 2023. For the three months ended September 30, 2024, corporate general & adminis
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the second quarter ended June 30, 2024. During the three months ended June 30, 2024, the Company reported a net income of $3,000 compared to a net loss of $6,000 for the similar period in 2023. For the three months ended June 30, 2024 the Company had revenue of $37,000 including $25,000 for rental income and $12,000 in management fees. For the three months ended June 30, 2023 the Company had revenue of $35,00 including $26,000 for rental income and $9,000 in management fees. For the three months ended June 30, 2024, corporate general & administrative expenses
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the first quarter ended March 31, 2024. During the three months ended March 31, 2024, the Company reported net income applicable to common shares of $2,000, compared to net income of $17,000 for the three months ended March 31, 2023. For the three months ended March 31,2024 the Company had revenue of $36,000 including $25,000 for rental income and $11,000 in management fees. Revenue for the three months ended March 31,2023 was $45,000. For the three months ended March 31, 2024, corporate general & administrative expenses were $78,000 as compared to $68,000 for
New Concept Energy, Inc. (NYSE: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, 2023. During the three months ended December 31,2023 the Company reported a net loss of $39,000 compared to net income of $11,000 for the same period ended December 31, 2022. For the full year ended December 31, 2023 the Company reported a net loss of $21,000 compared to net income of $181,000 for the same period ended December 31, 2022. Fiscal 2023 as compared to 2022 Revenues: Revenues from rent for the leased property was $101,000 in 2023 and 2022. Revenues from managing the oil and gas operations fo
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the third quarter ended September 30, 2023. The Company reported net income of $7,000 for the three months ended September 30, 2023, as compared to net income of $27,000 for the similar period in 2022. For the three months ended September 30, 2023 the Company had revenue of $35,000 including $25,000 for rental revenue and $10,000 for management fees as compared to $25,000 for rental revenue and $38,000 for the comparative period in 2022. The reduction in revenue for management fees is due to a lower selling price for oil and gas. For the three months ended Sep
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the second quarter ended June 30, 2023. During the three months ended June 30, 2023, the Company reported a net loss of $6,000 compared to a net income of 138,000 for the three months ended June 30, 2022. For the three months ended June 30, 2023 the Company had revenue of $35,000 including $26,000 for rental income and $9,000 for management fees as compared to rental income of $26,000 and management fee of $21,000 for the comparable period in 2022. For the three months ended June 30, 2023, corporate general & administrative expenses were $81,000 as compared to
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the first quarter ended March 31, 2023. During the three months ended March 31, 2023, the Company reported a net income applicable to common shares for the three months ended March 31,2022 of $17,000, compared to net income of $5,000 for the three months ended March 31, 2022. For the three months ended March 31, 2023 and 2022 the Company had revenue of $45,000 including $25,000 for rental income and $20,000 in management fees. For the three months ended March 31, 2023, corporate general & administrative expenses were $68,000 as compared to $80,000 for the comp
New Concept Energy, Inc. (NYSE: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, 2022. During the three months ended December 31, 2022 the Company reported a net income of $11,000 compared to a net loss of $49,000 for the same period ended December 31, 2021. For the full year ended December 31, 2022 the Company reported net income of $181,000 compared to net income of $70,000 for the same period ended December 31, 2021. Fiscal 2022 as compared to 2021 Revenues: Revenues from rent for the leased property was $101,000 in 2022 and 2021. Revenues from managing the oil and gas operations for
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the third quarter ended September 30, 2022. The Company reported net income of $27,000 for three months ended September 30, 2022, as compared to net a net loss of $8,000 for the similar period in 2021. For the three months ended September 30, 2022 the Company had revenue of $63,000 including $25,000 for rental revenue and $38,000 for management fees as compared to $25,000 for rental revenue for the comparative period in 2021. For the three months ended September 30, 2022 the Company had interest income of $53,000 as compared to $53,000 for the comparative period
New Concept Energy, Inc. (NYSE:GBR), (the "Company" or "NCE") a Dallas-based company, today reported Results of Operations for the second quarter ended June 30, 2022. During the three months ended June 30, 2022, the Company reported net income of $137,000 compared to net income of $49,000 for the three months ended June 30, 2021. For the three months ended June 30, 2022 the Company had revenue of $47,000 including $26,000 for rental income and $21,000 for management fees as compared to rental income of $26,000 for the comparable period in 2021. For the three months ended June 30, 2022, corporate general & administrative expenses were $80,000 as compared to $111,000 for the comparable per
BMO Capital downgraded Great Bear Resources from Outperform to Market Perform and set a new price target of $29.00 from $23.00 previously
Canaccord Genuity reiterated coverage of Great Bear Resources with a rating of Speculative Buy and set a new price target of $27.00 from $23.50 previously
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)
4 - New Concept Energy, Inc. (0000105744) (Issuer)