Streetbeat News

GBR

New Concept Energy, Inc.

https://www.newconceptenergy.com

Industry

Real Estate - Services

New Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc.

Open

1.22

Mkt cap

5.9M

Volume

40K

High

1.22

P/E Ratio

-115.00

52-wk high

1.82

Low

1.14

Div yield

N/A

52-wk low

0.95

New Concept Energy shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:57 pm

New Concept Energy reported Q2 earnings per share (EPS) of $0.01, an improvement from $(0.01) year-over-year. Revenue increased to $37,000 from $25,000 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:32 pm

New Concept Energy (AMEX:GBR) reported Q1 earnings of $0.01 per share, unchanged YoY, with sales decreasing 20% to $36.00K from $45.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:50 pm

New Concept Energy (AMEX:GBR) reported a Q4 EPS of $(0.04), down from $0.01 YoY, with sales dropping to $37.00K from $57.00K YoY, marking a significant decrease in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:11 pm

Gene Bertcher has been reelected as Chairman of the Board, President, CEO, and CFO of New Concept Energy, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 7:15 pm

New Concept Energy (AMEX:GBR) reported Q3 earnings of $0.01 per share, unchanged YoY. However, sales decreased by 44.44% to $35.00K from $63.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:59 pm

New Concept Energy (AMEX:GBR) reported Q2 losses of $(0.01) per share, a 150% decrease YoY. The company's sales also decreased by 25.53% to $35.00K from $47.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:13 pm

During Tuesday's morning session, 137 companies made new 52-week lows. Notable companies include Bristol-Myers Squibb, NovaBay Pharmaceuticals, Smart for Life, and Nemaura Medical.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:13 pm

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