New Concept Energy Inc (GBR)

New Concept Energy, Inc. Reports First Quarter 2026 ResultsMay 7, 2026 5:15 PM
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, 2026. The Company reported a net loss from continuing operations of ($14,000) for three months ended March 31, 2026, as compared to a net loss of ( $20,000) for the similar period in 2025. For the three months ended March 31,2026 the Company had revenue of $39,000 including $26,000 for rental income and $13,000 in management fees. For the three months ended March 31,2025 the Company had revenue of $38,000 including $26,000 for rental income and $12,000 in management fees. For the three months ended March 31, 2026, corporate general & administrative expenses were $77,000 as compared to $89,000 for the comparable period in 2025. About New Concept Energy, Inc. New Concept Energy, Inc. is a Dallas-based company which owns real estate in West Virginia and provides management services for a third-party oil and gas company. For more information, visit the Company’s website at www.newconceptenergy.com. NEW CONCEPT ENERGY, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS (amounts in thousands) March 31, 2026 December 31, 2025 (Unaudited) (Audited) Assets Current assets Cash and cash equivalents $ 318 $ 383 Other current assets   62     13   Total current assets   380     396     Property and equipment, net of depreciation Land, buildings and equipment   619     622     Note and interest receivable - related party Note receivable   3,542     3,542   Interest receivable   -     -     3,542     3,542     Total assets $ 4,541   $ 4,560   NEW CONCEPT ENERGY, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS - CONTINUED (dollars in thousands, except per share value amounts)   March 31, 2026 December 31, 2025 (Unaudited) (Audited) Liabilities and stockholders' equity   Current liabilities Accounts payable (including $8 due to related parties in 2026 and 2025) $ 25   $ 26   Accrued expenses   39     43   Total current liabilities   64     69       Stockholders' equity Preferred stock, Series B, $10 par value; authorized 100,000 shares, 1 issued and   1     1   outstanding at March 31, 2026 and December 31, 2025 Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 5,131,934 shares at March 31, 2026 and December 31, 2025   51     51   Additional paid-in capital   63,579     63,579   Accumulated deficit   (59,154 )   (59,140 ) Total stockholders' equity   4,477     4,491     Total liabilities and stockholders' equity $ 4,541   $ 4,560   NEW CONCEPT ENERGY, INC. AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands, except per share data) Three Months ended March 31, 2026   2025 (Unaudited) (Unaudited) Revenue Rent $ 26   $ 26   Management fees   13     12   Total Revenues   39     38   Operating Expenses Operating expenses   13     12   Corporate general and administrative   77     89   Total Operating Expenses   90     101   Loss from operations   (51 )   (63 ) Other Income Interest income ($34 and $39 from related parties in 2026 and 2025)   37     43   Total Other Income   37     43   Net income (loss) applicable to common shares $ (14 ) $ (20 ) Net income (loss) per common share-basic and diluted $ (0.01 ) $ (0.01 ) Weighted average common and equivalent shares outstanding - basic and diluted   5,132     5,132     View source version on businesswire.com: https://www.businesswire.com/news/home/20260507186152/en/ New Concept Energy, Inc.
Gene Bertcher, (800) 400-6407
info@newconceptenergy.com Original: New Concept Energy, Inc. Reports First Quarter 2026 Results

GBR.....................................a/h

New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 ResultsMarch 31, 2026 6:15 PM
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 $12,000 compared to a net loss of $19,000 for the same period ended December 31, 2024.


For the full year ended December 31, 2025 the Company reported a net loss of $46,000 compared to a net loss of $18,000 for the same period ended December 31, 2043.


Fiscal 2025 as compared to 2024


Revenues: Revenues from rent for the leased property was $103,000 in 2025 and $101,000 in 2024. Revenues from managing the oil and gas operations for a third party was $52,000 and $45,000 in 2025 and 2024. The management agreement has the Company receiving a management fee of 10% of oil and gas revenue. The increase in management fees is due to an increase in revenue due to an increase in oil and gas prices.


Operating Expenses: Operating expenses for the real estate property was $56,000 in 2025 and $48,000 in 2024. General and administrative expenses were $364,000 in 2024 and $335,000 in 2024.


Interest Income: Interest Income was $169,000 in 2025 and $213,000 in 2024. The note receivable has a variable interest rate and in 2025 the interest rate was lower.


Other Income: In the fourth quarter of 2025 the Company collected $50,000 for an old note receivable that had been previously fully reserved.


About New Concept Energy, Inc.


New Concept Energy, Inc. is a Dallas-based company which owns 191 acres of land located in Parkersburg, West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. For more information, visit the Company’s website at www.newconceptenergy.com.




 




NEW CONCEPT ENERGY, INC. AND SUBSIDIARY







CONSOLIDATED BALANCE SHEETS


(amounts in thousands)







December 31,









2025






 






2024







Assets











Current assets





Cash and cash equivalents

$






383








$






363








Other current assets

 






13






 







 






9






 







Total current assets

 






396






 







 






372






 













Property and equipment, net





Land, buildings and equipment

 






622






 







 






636






 













Note and interest receivable





Note receivable

 






3,542






 







 






3,542






 







Interest receivable

 






-






 







 






44






 









 






3,542






 







 






3,586






 













Total assets

$






4,560






 







$






4,594






 









 




NEW CONCEPT ENERGY, INC. AND SUBSIDIARY







CONSOLIDATED BALANCE SHEETS - CONTINUED


(amounts in thousands, except share amounts)










December 31,









 






2025






 






 






 






2024






 







Liabilities and stockholders' equity











Current liabilities





Accounts payable - trade (including $6 in 2025 and $7 in 2024 due to Pillar)

$






26






 







$






20






 







Accrued expenses

 






43






 







 






37






 







Total current liabilities

 






69






 







 






57






 



















Stockholders' equity





Series B convertible preferred stock, $10 par value,





authorized 100,000 shares, issued and outstanding one share

 






1






 







 






1






 







Common stock, $.01 par value; authorized 100,000,000





shares; issued and outstanding, 5,131,934 shares





at December 31, 2025 and 2024

 






51






 







 






51






 







Additional paid-in capital

 






63,579






 







 






63,579






 







Accumulated deficit

 






(59,140






)







 






(59,094






)







Total stockholders' equity

 






4,491






 







 






4,537






 













Total liabilities & stockholders' equity

$






4,560






 







$






4,594






 









 




NEW CONCEPT ENERGY, INC. AND SUBSIDIARY







CONSOLIDATED STATEMENTS OF OPERATIONS


(amounts in thousands, except per share data)




 





Year Ended December 31,









 






2025






 






 






 






2024






 







Revenue

 



Rent

$






103






 





 

$






101






 







Management fee

 






52






 





 

 






45






 







Total Revenues

 






155






 





 

 






146






 









 



Operating expenses

 



Operating expenses

 






56






 





 

 






48






 







Corporate general and administrative

 






364






 





 

 






335






 







Total operating expenses

 






420






 





 

 






383






 









 



Loss from operations

 






(265






)





 

 






(237






)









 



Other income

 



Interest income

 






169






 





 

 






213






 







Other income

 






50






 





 

 






6






 







Total other income

 






219






 





 

 






219






 









 



Net loss applicable to common shares

$






(46






)





 

$






(18






)









 





 



Net loss per common share-basic and diluted

$






(0.01






)





 

$






(0.01






)









 



Weighted average common and equivalent shares outstanding - basic and diluted

 






5,132






 





 

 






5,132






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260331988921/en/
New Concept Energy, Inc.

Gene Bertcher, (800) 400-6407

info@newconceptenergy.com


Original: New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 Results

GBR.................https://stockcharts.com/sc3/ui/?s=GBR&p=w&b=5&g=0&id=p86431144783

Gapping up a bit,, priming for a run like the old days? <--- I doubt that, but on watch nevertheless.

Analysis con't. >>> If it doesn't hold here ($1.07) and go up, we will likely see it go all the way back to March 2020 low of .55 >>> $GBR has not had an R/S that I am aware of since I've been trading it (2020), but if this happens it will be the end of it. Damn evil bastards are doing their best to wreck the world. We need to win it back.

Moment of truth today. $GBR needs to move up off of this $1.07 potential bottom to signal a reversal... if so, $1.35 needs to be taken out next and hold gains above $1.25 after that.

If all goes well, a run should be in the making very soon. If not, then par for the course these days... sad situation for a ton of small caps. This situation needs to turn around soon or the market is in BIG trouble. LG already!

Close near hod.....

Let's go. Bought @1.22. Sell @1.80. SL now @1.38

Just imo

In with a fairly large position. Watching closely-- OIL GOING UP _ $GBR trades like a wild child on too much candy when she pops! $$$

Amazing! Added and got about 17000 shares

I think see this go back to 6

GBR cooled down a little Afterhours. Lets see what happens tomorrow.

Ready to explode.

$GBR running in a/hs trading.

$GBR for sure but they should change their name so fomos who keep getting burned stop thinking it's still an oil & gas company because it's not.

That usually happens that is why you only day trade these.

$GBR and today a nice steady dump

It's amazing how traders still haven't figured out all of their oil & gas assets were sold 10 months ago.

On August 31, 2020 the Company sold its entire oil and gas operation for $85,000 to an independent third party. In prior years the Company has accrued a liability of $2,745,000 to plug and abandon the existing wells. This obligation was assumed by the buyer. Upon the sale of the wells the Company recorded a gain of $2,138,000.

In September 2019 the Company wrote down the accounting value of its oil and gas reserves by $2,285,000.

https://www.sec.gov/Archives/edgar/data/0000105744/000101054920000250/newconcept8k.htm

GBR simply had a nice steady climb today just the way I like them.

$GBR, saweet!

$GBR, heavy volume day on this low floater.

There she goes again

Gap & trap?

No problems here it's literally 5 cents A-day to borrow a $1000 I can hold my short for a year if I have to it will come down don't feel sorry for me feel sorry for the dipshits that bought when it was 30 bucks.

Congrats Crazy move!

* * $GBR Video Chart 01-28-2021 * *

Link to Video - click here to watch the technical chart video

I bet you are shitting a golden brick right now...

Lol how's that working out for you?!

5,131,935 shares outstanding but 81,000,000 in volume in 5 hours???

On the record date of November 13, 2020, a total of 5,131,935 shares of Common Stock and 559 shares of Series B Preferred Stock were outstanding, with each share entitled to one vote.

I'm just here to congratulate anyone that bought this at 2$ yesterday lol

WTF......

Looks like the volume is slowing up a tad,
Time to come on down to daddy

Any port in a storm.....

Crazy over here shorting this all day
Even a few at 7.8 ave short 5.89

This is a winner going into next week.

PT 4 to settle. Maybe 6-8 top of spike in the coming days

hello i enjoyed holding this for a long time awhile back but exited maybe 2 years ago. i always noticed it spikes every other year in july. why does it do this? i could never really find any hard facts on this. if it follows the same subtle pattern it should spike some time right before july, during july or directly after july this year. but why does it do this every other year? thank you.

Load up- it’ll move like $cei

Back In 1.51 premarket

Looking real good over here just wait till the real volume comes in....

Earnings going to be released soon probably tonight...

In $1.40

Boom time coming.

* * $GBR Video Chart 03-29-2019 * *

Link to Video - click here to watch the technical chart video

Dont tell me this only had an hour worth of a run in it

This is why Watch Lists were created.....

Up 71%

in

BOOM TIME!

?? it sure is quiet in here

?? it sure is quiet in here

No one else here?

I like this little low floater oil play.
a lot of fun,
Looking to pick up some more soon..
Thanks for the respond I thought my mic was broken.