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Stock impact report

New Concept Energy, Inc. Reports Second Quarter 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 a net loss from continuing operations for the three months ended June 30, 2019 of $141,000 or ($0.03) per share, compared to net loss from continuing operations of $174,000 or ($0.08) per share for the three months ended June 30, 2018.The Company reported a net loss from continuing operations for the six months ended June 30, 2019 of $15,000 or ($0.00) per share, compared to net loss from continuing operations of $308,000 or ($0.14) per share for the six months ended June 30, 2018.For the three months ended June 30, 2019, the Company recorded oil and gas revenues of $164,000 as compared to $173,000 for the comparable period of 2018. The decrease was principally due to a lower price received for the sale of natural gas.For the three months ended June 30, 2019, the Company recorded oil and gas operating expenses of $231,000 as compared t Show less Read more
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