New Concept Energy
GBR

$1.50

3.66%

Market Cap: 7.7M

About: New Concept Energy Inc is a United States-based company engaged in Real Estate Operations. It intends to continue to operate and or sell its West Virginia property. It provides advisory and management services for an independent West Virginia oil and gas company. The Company seeks to establish or acquire new business operations. It operates in one segment, which is real estate rental.

Employees: 3

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 0

100% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 0

95% more capital invested

Capital invested by funds: $109K [Q4 2023] → $212K (+$104K) [Q1 2024]

38% more funds holding

Funds holding: 8 [Q4 2023] → 11 (+3) [Q1 2024]

1.83% more ownership

Funds ownership: 2.12% [Q4 2023] → 3.94% (+1.83%) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for GBR.

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Financial journalist opinion

New Concept Energy, Inc. Reports First Quarter 2024 Results

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 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 renta.

New Concept Energy, Inc. Reports First Quarter 2024 Results

New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2023 Results

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, 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 incom.

New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2023 Results

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