New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 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 company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2025.During the three months ended December 31,2025 the Company reported net income of $12,000 compared to a net loss of $19,000 for the same period ended December 31, 2024.For the full year ended December 31, 2025 the Company reported a net loss of $46,000 compared to a net loss of $18,000 for the same period ended December 31, 2043.Fiscal 2025 as compared to 2024Revenues: Revenues from rent for the leased property was $103,000 in 2025 and $101,000 in 2024. Revenues from managing the oil and gas operations for a third party was $52,000 and $45,000 in 2025 and 2024. The management agreement has the Company receiving a management fee of 10% of oil and gas revenue. The increase in management fees is due to an increase in revenue due to an increase in oil and gas prices
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Sec Filings
- 3/31/26 - Form 10-K
- 1/8/26 - Form SCHEDULE
- GBR's page on the SEC website