New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2019 Results
New Concept Energy, Inc (GBR)
NASDAQ:AMEX Investor Relations:
newconceptenergy.com
Company Research
Source: Business Wire
DALLAS--(BUSINESS WIRE)--New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based oil and gas company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2019.During the three months ended December 31, 2019 the Company reported a net loss of $17,000 compared to a net loss of $55,000 for the same period ended December 31, 2018.For the full year ended December 31, 2019 the Company reported a net loss of $2.3 million or ($0.46) per share, compared to a net loss of $484,000 or ($0.21) per share for the same period ended December 31, 2018.Revenues: Total revenues from the oil & gas operation was $590,000 in 2019 and $682,000 in 2018. The decrease was due to the rate the Company received for the sale of its natural gas during 2019.Operating Expenses: Operating expenses for continuing oil & gas operations was $686,000 in 2019 and $844,000 in 2018. This decrease was principally due to a reduction of depreciation a
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News
- New Concept Energy, Inc. (NYSE: GBR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
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- New Concept Energy, Inc. Reports Third Quarter 2024 ResultsBusiness Wire
- New Concept Energy, Inc. (NYSE: GBR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- New Concept Energy, Inc. (NYSE: GBR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
GBR
Sec Filings
- 11/15/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 11/7/24 - Form DEF
- GBR's page on the SEC website