Stock events for New Concept Energy, Inc. (GBR)
Over the past six months, New Concept Energy, Inc.'s (GBR) stock price has declined. In November 2025, the company held its Annual Meeting, reported a net loss for Q3 2025, and the stock touched a 52-week low. In August 2025, the company reported a net loss for Q2 2025. In May 2025, the company reported a net loss for Q1 2025. In March 2025, the company reported a net loss for Q4 and full year 2024, with decreased revenues due to declining oil and gas prices.
Demand Seasonality affecting New Concept Energy, Inc.’s stock price
New Concept Energy, Inc.'s revenue streams include real estate rental income and management fees from an oil and gas company. Real estate rental demand can be influenced by economic cycles and local market conditions. Revenue from oil and gas management is tied to oil and gas prices and production, which can experience seasonality due to factors like weather and industrial activity. The company reported a decrease in management fees in 2024 due to a decline in oil and gas prices.
Overview of New Concept Energy, Inc.’s business
New Concept Energy, Inc. (GBR) is a Dallas-based company primarily in the real estate rental business, owning land and structures in Parkersburg, West Virginia, some of which are leased. It also provides advisory and management services for an independent oil and gas company in West Virginia. While historically involved in oil and gas exploration, its current focus is real estate rental and advisory services, and it seeks new business opportunities.
GBR’s Geographic footprint
New Concept Energy, Inc.'s primary real estate holdings are in Parkersburg, West Virginia, while its headquarters are in Dallas, Texas. Its oil and gas advisory services are for a company in West Virginia, and its historical oil and gas activities were in the Appalachian and Utica Basins.
GBR Corporate Image Assessment
New Concept Energy, Inc.'s brand reputation is negatively impacted by financial challenges, including declining revenue, net losses, and liquidity issues. The company lacks a strategic development pipeline and reports limited activity. Recent events affecting its reputation include consistent reporting of net losses, a decline in revenue from oil and gas management due to decreasing prices, and the stock hitting 52-week lows. The company has received a "Neutral" rating from TipRanks' AI Analyst, Spark.
Ownership
The ownership of New Concept Energy (GBR) stock includes institutional, retail, and individual investors. Institutional investors hold a small percentage, insiders hold a portion, and the majority is held by public companies and individual investors. Major shareholders include PFG Investments LLC, Jane Street Group LLC, Realty Advisors Inc., and Vanguard Fiduciary Trust Co. Gene S. Bertcher is a key insider as Chairman, CEO, President, and CFO.
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