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1.55275947500022E-16 -0.0559440559440558 -0.0209790209790208 -0.0209790209790208 -0.0209790209790208 -0.0209790209790208 0.00699300699300716 0.00699300699300716
Stock impact report

New Concept Energy, Inc. Reports Third 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 for the three months ended September 30, 2019 of $2,320,000 or ($0.45) per share, compared to a net loss of $121,000 or ($0.02) per share for the three months ended September 30, 2018.The Company reported a net loss of $2,335,000 for the nine months ended September 30, 2019, as compared to net loss of $429,000 for the similar period in 2018.For the three months ended September 30, 2019, the Company recorded oil and gas revenues of $127,000 as compared to $167, 000 for the comparable period of 2018. The decrease was principally due to a decrease in the rate the Company received for the sale of its natural gas.For the three months ended September 30, 2019, the Company recorded oil and gas operating expenses of $2,461,000 as compared to $186,000 for the comparable period of 2018. In September 2019, the Company unsuccessfully d Show less Read more
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