US6436111065 - Common Stock - After market: 2 +0.09 (+4.71%)
NYSEARCA:GBR (5/13/2022, 7:15:18 PM)+0.09 (+4.95%)
|GICS Industry||Oil, Gas & Consumable Fuels|
|Earnings (Last)||03-29 2022-03-29||Earnings (Next)||05-16 2022-05-16|
|Ins Owners||29.3%||Inst Owners||5.25%|
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New Concept Energy, Inc. engages in the provision of real estate rental services. The company is headquartered in Dallas, Texas and currently employs 3 full-time employees. The firm owns approximately 190 acres of land located in Sandyville West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. Of this total area the main industrial/office building contains approximately 24,800 square feet of which approximately 16,000 square feet is leased. Its operations include leasing its office building located in Parkersburg West Virginia. The firm is providing advisory and management services for an independent West Virginia oil and gas company. In addition, The Company seeks to establish or acquire new business operations.
NEW CONCEPT ENERGY INC
1603 Lyndon B Johnson Fwy Ste 300
Dallas TEXAS 75234
CEO: Gene S. Bertcher
Shares of New Concept Energy (GBR) have gained nearly 50% in price so far this year, thanks to surging oil and gas prices. However, considering the company’s bleak financials and lean profit margins, will its stock be able to maintain its momentum in the near term? Continue reading.
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