New Concept Energy (GBR) AI Stock Analysis

• Market Cap: $4.21M
• Dividend Yield: N/A
• Average Volume (3M): 49.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: 4.08%
• EPS Growth: -102.70%
• Country: US
• Employees: 2
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): >-0.01
• Shares Outstanding: 5,131,934
• 10 Day Avg. Volume: 29,367
• 30 Day Avg. Volume: 49,902
• PEG Ratio: 22.60
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 40.77
• P/FCF Ratio: -70.87
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 25.50
• Enterprise Value/Gross Profit: 28.07
• Enterprise Value/Ebitda: -19.22
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $0.80 ▼(-5.36% Downside)

The score is held back primarily by weak financial performance (ongoing losses and negative operating/free cash flow) despite a low-risk, debt-free balance sheet. Technicals also lean bearish with the stock trading below major moving averages and negative MACD. Valuation is pressured by loss-making results and the absence of a dividend yield.

Positive Factors

Strong Equity Position

A strong equity position with minimal debt provides financial stability and flexibility, allowing the company to navigate economic fluctuations and invest in growth opportunities without the burden of high-interest obligations.

Revenue Growth Potential

Positive revenue growth, even if modest, indicates potential for market expansion and resilience in operations, which can lead to improved financial performance over time as operational efficiencies are enhanced.

Conservative Financial Leverage

A zero debt-to-equity ratio reflects conservative financial management, reducing financial risk and providing a buffer against economic downturns, which can be advantageous for long-term strategic planning and investment.

Negative Factors

Revenue Decline

A sharp decline in revenue, especially to zero, highlights severe operational challenges and market position deterioration, which could threaten the company's ability to sustain operations and invest in future growth.

Negative Profitability

Persistent negative profitability indicates ongoing operational inefficiencies and challenges in cost management, which can erode shareholder value and limit the company's ability to reinvest in its business.

Liquidity Issues

Inconsistent and negative operating cash flow suggests liquidity challenges, potentially hindering the company's ability to meet short-term obligations and invest in strategic initiatives, impacting long-term viability.

New Concept Energy Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

New Concept Energy generates revenue primarily through the sale of oil and natural gas. The company's key revenue streams include the extraction and sale of crude oil and natural gas obtained from its owned and operated wells. Additionally, New Concept Energy may enter into partnerships or joint ventures with other energy companies to enhance its exploration and production capabilities, which can contribute to its earnings. The company's financial performance is influenced by factors such as commodity prices, production volumes, and operational efficiency.

New Concept Energy Financial Statement Overview

Summary

Balance sheet strength (no debt, sizable equity) lowers financial risk, but operating performance is weak: the company remains loss-making with deeply negative operating/EBITDA margins and negative operating and free cash flow in the TTM period.

Income Statement

TTM (Trailing-Twelve-Months) revenue is modest but rebounded sharply versus the prior year, following a choppy multi-year trend. Profitability is the key weakness: the company remains loss-making in TTM with deeply negative operating and EBITDA margins, indicating costs meaningfully exceed the current revenue base. While gross profit has held up, operating losses have persisted across most years (with 2022 as an outlier positive net income year), suggesting earnings quality and consistency are weak.

Balance Sheet

The balance sheet is a clear strength: total debt is zero in recent periods and equity remains sizable and relatively stable, which materially lowers financial risk. Returns, however, are weak—TTM return on equity is slightly negative—showing the asset/equity base is not currently producing acceptable profitability. Overall, this is a conservatively financed balance sheet, but it is not being translated into strong earnings.

Cash Flow

Cash generation has deteriorated: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both negative, reversing the positive cash flow seen in 2021–2023. Operating cash flow does not cover reported earnings in TTM (cash burn alongside a net loss), and free cash flow is also negative, raising questions about near-term self-funding ability. The lack of leverage reduces refinancing risk, but persistent negative cash flow would pressure liquidity over time.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	153.00K	146.00K	152.00K	212.00K	101.00K	101.00K
Gross Profit	139.00K	146.00K	152.00K	212.00K	101.00K	101.00K
EBITDA	-203.00K	-224.00K	-8.00K	193.00K	88.00K	-12.00K
Net Income	-77.00K	-18.00K	-21.00K	181.00K	70.00K	1.92M
Balance Sheet
Total Assets	4.54M	4.59M	4.63M	4.64M	4.46M	4.61M
Cash, Cash Equivalents and Short-Term Investments	307.00K	363.00K	447.00K	436.00K	252.00K	27.00K
Total Debt	0.00	0.00	0.00	0.00	0.00	174.00K
Total Liabilities	63.00K	57.00K	75.00K	63.00K	60.00K	286.00K
Stockholders Equity	4.48M	4.54M	4.55M	4.58M	4.39M	4.33M
Cash Flow
Free Cash Flow	-123.00K	-84.00K	11.00K	184.00K	123.00K	-535.00K
Operating Cash Flow	-103.00K	-64.00K	22.00K	184.00K	123.00K	-535.00K
Investing Cash Flow	-20.00K	-20.00K	-11.00K	0.00	276.00K	593.00K
Financing Cash Flow	0.00	0.00	0.00	0.00	-174.00K	-53.00K

New Concept Energy Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.84
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GBR, the sentiment is Neutral. The current price of 0.84 is above the 20-day moving average (MA) of 0.80, above the 50-day MA of 0.80, and below the 200-day MA of 0.91, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.60 is Neutral, neither overbought nor oversold. The STOCH value of 24.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GBR.

New Concept Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GBR	44 Neutral	$4.21M	-54.67	-1.70%	―	4.08%	-102.70%
LRHC	43 Neutral	$604.62K	―	-856.84%	―	24.52%	-270.54%

New Concept Energy Corporate Events

New Concept Energy Holds Annual Stockholders Meeting

On November 19, 2025, New Concept Energy, Inc. held its Annual Meeting of Stockholders, where a quorum was established with proxies representing 61.62% of outstanding shares. During the meeting, directors were elected, and the appointment of Turner Stone & Company as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. Gene S. Bertcher was re-elected as Chairman of the Board, President, CEO, and CFO.