New Concept Energy, Inc. Reports Third Quarter 2026 Results
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 third quarter ended September 30, 2026.
The Company reported a net loss of ($11,000) for the three months ended September 30, 2026, as compared to a net loss of ($20,000) for the similar period in 2025.
For the three months ended September 30, 2026 the Company had revenue of $37,000 including $26,000 for rental revenue and $11,000 for management fees as compared to revenue of $39,000 including $26,000 for rental revenue and $13,000 for management fees for the comparative period in 2025.
For the three months ended September 30, 2026, corporate general & administrative expenses were $69,000 as compared to $88,000 for the comparable periods in 2025.
For the three months ended September 30, 2026, interest income was $36,000 as compared to $43,000 for the comparable periods in 2025.
In September 2026 the Company issued 2 million shares of stock raising $2 million in cash which will be used for future investments.
New Concept Energy, Inc. is a Dallas-based company which owns real estate in West Virginia and provides management services for a third party oil and gas company. For more information, visit the Company’s website at www.newconceptenergy.com.
September 30,
2026
December 31,
2025
(Unaudited)
(Audited)
$
2,263
$
383
30
13
2,293
396
612
622
3,542
3,542
$
6,447
$
4,560
$
32
$
26
41
43
73
69
1
1
71
51
65,533
63,579
(59,231
)
(59,140
)
6,374
4,491
$
6,447
$
4,560
For the Three Months
ended September 30,
For the Nine Months
ended September 30,
2026
2025
2026
2025
$
26
$
26
$
78
$
78
11
13
39
39
37
39
117
117
15
14
41
41
69
88
275
262
84
102
316
303
(47
)
(63
)
(199
)
(186
)
36
43
108
128
36
43
108
128
$
(11
)
$
(20
)
$
(91
)
$
(58
)
$
0.01
$
(0.01
)
$
(0.01
)
$
(0.01
)
5,242
5,132
5,458
5,132