New Concept Energy, Inc.(GBR)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $4.2M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
GBR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for New Concept Energy, Inc. (GBR), a Energy sector company. GBR is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $4.2m in revenue. Based on the latest XBRL financial filings (Q1 2026), New Concept Energy, Inc. reports quarterly revenue of $39.0K, net income of $-14.0K, free cash flow of $-65.0K. Top institutional holders of GBR by reported 13-F value include GEODE CAPITAL MANAGEMENT,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. GBR trades on the NYSE exchange and files with the SEC under CIK 105744. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GBR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for New Concept Energy, Inc. directly from SEC EDGAR.
Revenue
Q1 2026
$39.0K
Net Income
Q1 2026
$-14.0K
Free Cash Flow
Q1 2026
$-65.0K
ROIC
Q1 2026
-1.1%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+6.2% YoYNet Income
-155.6% YoYOperating Income
-11.8% YoYEPS (Diluted)
+0.0% YoYTotal Assets
-0.7% YoYTotal Debt
Op. Cash Flow
+131.3% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $155.0K +6.2% | $146.0K -3.9% | $152.0K -28.3% | $212.0K +109.9% | $101.0K -85.2% | $682.0K |
| Net Income | $-46.0K -155.6% | $-18.0K +14.3% | $-21.0K -111.6% | $181.0K -90.6% | $1.9M +495.9% | $-484.0K |
| Operating Income | $-265.0K -11.8% | $-237.0K +2.5% | $-243.0K -50.0% | $-162.0K +55.9% | $-367.0K -24.4% | $-295.0K |
| EPS (Diluted) | $-0.01 +0.0% | $-0.01 +0.0% | $-0.01 -125.0% | $0.04 | — | — |
| Total Assets | $4.6M -0.7% | $4.6M -0.8% | $4.6M -0.2% | $4.6M +0.6% | $4.6M -41.5% | $7.9M |
| Total Debt | — | — | — | — | $192.0K -39.8% | $319.0K |
| Operating Cash Flow | $20.0K +131.3% | $-64.0K -390.9% | $22.0K -88.0% | $184.0K +134.4% | $-535.0K +16.0% | $-637.0K |
AI Insight: GBR Financial Trends
GBR reports zero revenue across all eight quarters with equity steadily eroding from $5M to $4M — a shell-like operating profile.
• Revenue has been $0M every quarter from Q2 2024 through Q1 2026 — no commercial activity is visible in the data.
• Equity declined from $5M in Q2 2024 to $4M in Q2 2025 and has remained at $4M through Q1 2026.
• Operating income has been negative in every quarter; operating cash flow alternates near zero with no clear improvement.
⚠ Continued equity erosion without any revenue generation raises going-concern questions if the trend extends beyond Q1 2026.
⚠ Total debt data is absent across all periods, making full balance-sheet risk assessment impossible.
AI Insight: GBR Ratio Trends
GBR remains deeply unprofitable across all periods, with operating margins stuck between -130% and -166% and no clear path to positive returns.
• Operating margin has ranged from -130.8% (Q1 2026) to -165.8% (Q1 2025), showing no sustained improvement over the observed periods.
• ROE and ROA oscillate near zero, swinging from -1.8% in Q1 2025 and Q3 2025 to +1.1% in Q4 2025, reflecting erratic one-off income items.
• ROIC deteriorated to -7.0% in Q4 2025, the worst reading in the dataset, before partially recovering to -4.6% in Q1 2026.
⚠ Q4 2025 NPM spiked to +31.6% while operating margin was missing — monitor whether a non-operating gain masks continued core losses.
⚠ TTM NPM of -25.6% and OpMargin of -162.2% confirm one-off gains are not recurring; structural profitability remains absent.
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Available Research
13F Pro tracks comprehensive data for New Concept Energy, Inc. including:
Top Institutional Holders of GBR
GEODE CAPITAL MANAGEMENT, LLC
$30.9K38,093 shVANGUARD CAPITAL MANAGEMENT LLC
$26.8K33,021 shSTATE STREET CORP
$19.1K23,534 shUBS Group AG
$17.3K21,321 shVANGUARD FIDUCIARY TRUST CO
$12.2K15,046 shTower Research Capital LLC (TRC)
$3.3K4,096 shHRT FINANCIAL LP
$40.0049,614 shVirtu Financial LLC
$20.0024,473 shSBI Securities Co., Ltd.
$1.001 sh
| Fund | Value | Shares |
|---|---|---|
| GEODE CAPITAL MANAGEMENT, LLC | $30.9K | 38,093 |
| VANGUARD CAPITAL MANAGEMENT LLC | $26.8K | 33,021 |
| STATE STREET CORP | $19.1K | 23,534 |
| UBS Group AG | $17.3K | 21,321 |
| VANGUARD FIDUCIARY TRUST CO | $12.2K | 15,046 |
| Tower Research Capital LLC (TRC) | $3.3K | 4,096 |
| HRT FINANCIAL LP | $40.00 | 49,614 |
| Virtu Financial LLC | $20.00 | 24,473 |
| SBI Securities Co., Ltd. | $1.00 | 1 |
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Popular Research
Is GBR a good stock to buy?
13F Pro's AI-powered analysis of New Concept Energy, Inc. (GBR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for GBR are available on the GBR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own GBR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling GBR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of New Concept Energy, Inc.'s investment landscape.