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New Concept Energy (GBR) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · New Concept Energy (GBR) Q2 2026 earnings results →

Q2 2026 Revenue up 2% year over year to $41K · 161¢ of every $1 of revenue lost · operating margin -246.3%

New Concept Energy made $41K in Q2 2026 (+2% Y/Y): Rent $26K, Management fee $15K. Operating margin -246.3%, net loss $66K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.

Revenue$41K
Year over year+2%
Operating margin-246.3%
Net earnings−$66K
Operating cash flow−$14K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $41K in Q2 2026, up 2% year over year and up 5% from the previous quarter. Rent was the largest line at 63% of revenue. Management fee added $1K year over year (up 7%), 100% of the total change.

Operating costs exceeded revenue by $101K, an operating margin of -246.3%. Total costs grew 42% against revenue growth of 2%. The fastest-growing cost line was General & admin (+52%). The quarter ended with a net loss of $66K, wider than the previous quarter's $14K loss. Non-operating items added $35K, -53% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$14K. Non-cash charges added back $3K of depreciation and amortization. Working capital and other items added $49K.

Quarterly history

New Concept Energy revenue by quarterNew Concept Energy revenue by quarter$36KQ4 2024$38KQ1 2025$40KQ2 2025$39KQ3 2025$38KQ4 2025$39KQ1 2026$41KQ2 2026
New Concept Energy net earnings by quarterNew Concept Energy net earnings by quarter−$19KQ4 2024−$20KQ1 2025−$18KQ2 2025−$20KQ3 2025$12KQ4 2025−$14KQ1 2026−$66KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 10, 2026$41K+2%-246.3%−$66K−$14K
Q1 202610-QMay 7, 2026$39K+3%-130.8%−$14K−$65K
Q4 202510-KMar 31, 2026$38K+6%-207.9%$12K$76K
Q3 202510-QNov 12, 2025$39K+5%-161.5%−$20K−$49K
Q2 202510-QAug 13, 2025$40K+8%-150.0%−$18K$23K
Q1 202510-QMay 15, 2025$38K+6%-165.8%−$20K−$30K
Q4 202410-KMar 24, 2025$36K-3%-202.8%−$19K−$47K

Charts

New Concept Energy: revenue growth, year over year and quarter over quarterNew Concept Energy: revenue growth, year over year and quarter over quarterY/YQ/Q-3%Q4 2024+6%+6%Q1 2025+8%+5%Q2 2025+5%-3%Q3 2025+6%-3%Q4 2025+3%+3%Q1 2026+2%+5%Q2 2026
Latest (Q2 2026): Y/Y +2%, Q/Q +5%.
New Concept Energy: where the cash came from (+) and went (−), TTM to Q2 2026New Concept Energy: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow−$52KCash drawn (+) / kept (−)$52K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
New Concept Energy: profit against cash, quarter by quarterNew Concept Energy: profit against cash, quarter by quarterNet incomeOperating cash flow−$4K$14KQ3 2024−$19K−$47KQ4 2024−$20K−$30KQ1 2025−$18K$23KQ2 2025−$20K−$49KQ3 2025$12K$76KQ4 2025−$14K−$65KQ1 2026−$66K−$14KQ2 2026
Latest (Q2 2026): Net income −$66K, Operating cash flow −$14K.
New Concept Energy: diluted shares by fiscal yearNew Concept Energy: diluted shares by fiscal year0MFY20210MFY20220MFY20230MFY20240MFY2025
+0.0% since FY2021: more shares outstanding (issuance, stock pay).
New Concept Energy in its industry: growth against margin (79 companies, SIC 1311)New Concept Energy in its industry: growth against margin (79 companies, SIC 1311)revenue growth, year over year →↑ operating marginmedian +24%median 20%EOGOXYDVNFANGEXEPARROVVSMPREQTCHRDARContinental Resources, IncCRGYMTDRMURRRCVNOMTALOCNXMGYCRCHESMKOSPHXE-PBKVCRKGPORNOGMNRAESIREPXGRNTINRGTETTIWTIBDCOEGYDECREIBSMPROPKRPVTSTXOSDAMPYDMLPBATLPEDPNRGWHKEPMEPSNEnergy 11, L.P.ANNAEPEnergy Resources 12, L.P.EONRRSRVBRNAGIGEverflow Eastern Partners LPBSINMXCSPNDRKDAROYLTPETCJAXCKXNRISBRLLNUAIALTXNext Bridge Hydrocarbons, Inc.OKMNGBR (+2%, -100%)
Crude Petroleum & Natural Gas; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About New Concept Energy

New Concept Energy, Inc. (“New Concept,” “NCE” or the “Company” or “we” or “us”) was incorporated in Nevada on May 31, 1991, under the name Medical Resource Companies of America, Inc. The Company is the successor-by-merger to Wespac Investors Trust, a California business trust that began operating in 1982. On March 26, 1996, the name was changed to Greenbriar Corporation. On February 8, 2005, the name of the Company was changed to CabelTel International Corporation. On May 21, 2008, the name of the company was changed to New Concept Energy, Inc.

In its own words, from its 10-K, filed Mar 31, 2026.

New Concept Energy against its Crude Petroleum & Natural Gas peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +46%. Operating margin: -246.3% against the peers' median 19.5%.

CompanyQuarterRevenueY/YOp. margin
GBR New Concept EnergyQ2 2026$41K+2%-246.3%
EOG EOG ResourcesQ3 2026$8.5B+46%41.9%
OXY Occidental PetroleumQ2 2026$8.1B+53%48.5%
DVN Devon EnergyQ3 2026$6.9B+58%18.3%
FANG Diamondback EnergyQ3 2026$5.4B+38%46.0%
EXE Expand EnergyQ3 2026$3.3B+11%19.5%
PARR PAR Pacific HoldingsQ3 2026$3.1B+52%15.5%
OVV OvintivQ3 2026$2.6B+26%33.7%
SM SM EnergyQ3 2026$2.2B+167%10.9%

Source: New Concept Energy 10-Q on SEC EDGAR · CIK 105744 · Crude Petroleum & Natural Gas

13F: who owns GBR and who is buying

Largest holders of GBR (13F)Largest holders of GBR (13F)Vanguard Group$36KTwo Sigma Securities, LLC$24KVanguard Capital Management LLC$23KGeode Capital Management, LLC$23KTwo Sigma Investments, LP$17KState Street$16KVirtu Financial LLC$16KUBS Group AG$14KVanguard Fiduciary Trust$10KSusquehanna International Group, …$9K
Funds' net buying of GBR by quarter (13F)Funds' net buying of GBR by quarter (13F)$02024-09$02024-12−$19K2025-03−$97K2025-06$7K2025-09−$17K2025-12−$26K2026-03$44K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on GBR

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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