New Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc.
Company profile
Ticker
GBR
Exchange
Website
CEO
Mr. Gene S. Bertcher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CabelTel International Corp, GREENBRIAR CORP, MEDICAL RESOURCE COMPANIES OF AMERICA
SEC CIK
Corporate docs
Subsidiaries
Mockingbird Energy, LLC ...
IRS number
752399477
GBR stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 Oct 24
8-K
Other Events
3 Sep 24
8-K
Departure of Directors or Certain Officers
27 Aug 24
8-K
New Concept Energy, Inc. Reports Second Quarter 2024 Results
20 Aug 24
10-Q
2024 Q2
Quarterly report
13 Aug 24
8-K
New Concept Energy, Inc. Reports First Quarter 2024 Results
17 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Results of Operations and Financial Condition
4 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Changes in Registrant's Certifying Accountant
24 Jan 24
Latest ownership filings
SC 13D/A
REALTY ADVISORS INC
22 Aug 24
4
Change in insider ownership
16 Aug 24
4
Change in insider ownership
6 Jul 21
SC 13D
REALTY ADVISORS INC
30 Mar 21
4
Change in insider ownership
26 Mar 21
4
Change in insider ownership
26 Mar 21
4
Change in insider ownership
26 Mar 21
4
Change in insider ownership
19 Mar 21
4
Change in insider ownership
19 Mar 21
4
Change in insider ownership
17 Mar 21
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 416.00 k | 416.00 k | 416.00 k | 416.00 k | 416.00 k | 416.00 k |
Cash burn (monthly) | (no burn) | 1.33 k | 17.67 k | 21.33 k | (no burn) | 416.67 |
Cash used (since last report) | n/a | 5.01 k | 66.34 k | 80.11 k | n/a | 1.56 k |
Cash remaining | n/a | 410.99 k | 349.66 k | 335.89 k | n/a | 414.44 k |
Runway (months of cash) | n/a | 308.2 | 19.8 | 15.7 | n/a | 994.6 |
Institutional ownership, Q2 2024
3.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 290.84 mm |
Total shares | 181.78 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
PFG Investments | 152.60 k | $244.16 mm |
Geode Capital Management | 29.18 k | $46.68 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Aug 24 | Realty Advisors | Common Stock, par value $0.01 per share | Sell | Dispose S | No | No | 1.3 | 250,000 | 325.00 k | 1,144,934 |