New Concept Energy, Inc.
New York Stock Exchange AmericanCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Gene S. Bertcher
- Full Time Employees
- 2
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 1603 Lyndon B Johnson Freeway Dallas TX United States of America 75234
- IPO Date
- Mar 25, 1993
- CIK
- 0000105744
- Website
- newconceptenergy.com
- Similar Companies
- Business
- New Concept Energy, Inc. (NYSE American: GBR) operates as a real estate rental company that owns approximately 191 acres of land in Parkersburg, West Virginia, including four structures generating rental income; it also provides advisory and management services to an independent oil and gas company in West Virginia, producing management fees. Founded in 1978 and headquartered in Dallas, Texas, the company changed its name from CabelTel International Corporation in May 2008 and employs two people under CEO Gene Bertcher. In third quarter 2025, it reported revenue of $39,000, comprising $26,000 in rent and $13,000 in management fees, with a net loss of $20,000 amid higher general and administrative expenses of $88,000; the company held its annual stockholders meeting on November 19, 2025, and continues seeking acquisitions of oil and gas projects valued $10 million to $30 million in North America.
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