Detail akcie New Concept online

Business Summary: New Concept Energy, Inc. owns 190 acres of land located in Parkersburg, West Virginia. The land consists of four structures totaling approximately 53,000 square feet. Of this total area, the main industrial / office building contains approximately 24,800 square feet, of which approximately 16,000 of industrial area is leased. The Company is engaged in providing advisory and management services for an independent West Virginia oil and gas company. The Company also seeks to establish or acquire new business operations.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, New Concept Energy, Inc. revenues decreased 26% to $115K. Net income decreased 89% to $18K. Revenues reflect Management Fee decrease of 51% to $39K. Net income also reflects Other income (expense) net decrease from $130K (income) to $0K.