New Concept Energy, Inc. Reports Second 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 second quarter ended June 30, 2026.
The Company reported a net loss from continuing operations of ($66,000) for three months ended June 30, 2026, as compared to a net loss of ($18,000) for the similar period in 2025.
For the three months ended June 30, 2026 the Company had revenue of $41,000 including $26,000 for rental income and $15,000 in management fees. For the three months ended June 30, 2025 the Company had revenue of $40,000 including $26,000 for rental income and $14,000 in management fees.
For the three months ended June 30, 2026, corporate general & administrative expenses were $129,000 as compared to $85,000 for the comparable period in 2025.
For the three months ended June 30, 2026, interest income was $35,000 as compared to $42,000 for the comparable period in 2025.
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.
$
304
$
383
65
13
369
396
616
622
3,542
3,542
-
-
3,542
3,542
$
4,527
$
4,560
$
47
$
26
69
43
116
69
1
1
51
51
63,579
63,579
(59,220
)
(59,140
)
4,411
4,491
$
4,527
$
4,560
For the Three Months
ended June 30,
For the Six Months
ended June 30,
2026
2025
2026
2025
$
26
$
26
$
52
$
52
15
14
28
26
41
40
80
78
13
15
26
27
129
85
206
174
142
100
232
201
(101
)
(60
)
(152
)
(123
)
35
42
72
85
35
42
72
85
$
(66
)
$
(18
)
$
(80
)
$
(38
)
$
(0.01
)
$
(0.00
)
$
(0.02
)
$
(0.00
)
5,132
5,132
5,132
5,132