New Concept Energy (NYSEAMERICAN:GBR) issued its quarterly earnings results on Tuesday. The company reported ($0.03) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $0.16 million during the quarter.
Shares of GBR traded down $0.04 during midday trading on Wednesday, hitting $1.51. The company’s stock had a trading volume of 3,100 shares, compared to its average volume of 229,113. New Concept Energy has a one year low of $1.36 and a one year high of $4.44.
New Concept Energy Company Profile
New Concept Energy, Inc, through its subsidiaries, owns and operates oil and gas wells, and mineral leases primarily in the United States. Its oil and gas wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. As of December 31, 2017, the Company had 153 producing gas wells; 31 non-producing wells and related equipment; and mineral leases covering approximately 20,000 acres.
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