New Concept Energy Q1 2025 Filing
Ticker: GBR · Form: 10-Q · Filed: May 15, 2025 · CIK: 105744
Sentiment: neutral
Topics: 10-Q, oil-gas, financials
TL;DR
NCE Q1 2025 10-Q filed. Revenue from rent & management fees detailed.
AI Summary
New Concept Energy, Inc. filed its quarterly report for the period ending March 31, 2025. The company, previously known as CabelTel International Corp, is involved in the crude petroleum and natural gas industry. The filing details financial data for the first quarter of 2025 and compares it to the same period in 2024, including revenue from rent and management fees.
Why It Matters
This filing provides insight into the financial performance and operational status of New Concept Energy, Inc. during the first quarter of 2025, which can inform investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative disclosures.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2024-03-31 — Prior Year Period End Date (Used for comparison with the current reporting period.)
Key Players & Entities
- New Concept Energy, Inc. (company) — Filer of the 10-Q
- CabelTel International Corp (company) — Former name of New Concept Energy, Inc.
- 20250331 (date) — End of the reporting period
- 20250515 (date) — Filing date
FAQ
What were the specific revenue figures for rent and management fees in Q1 2025?
The filing indicates revenue from GBR:RentMember and GBR:ManagementFeesMember for the period 2025-01-01 to 2025-03-31, but specific dollar amounts are not detailed in this header information.
How does the Q1 2025 revenue compare to Q1 2024?
The filing provides data points for both periods (2025-01-01 to 2025-03-31 and 2024-01-01 to 2024-03-31) for rent and management fees, allowing for comparison, though specific figures are not in the header.
What is the company's primary industry?
New Concept Energy, Inc. is in the CRUDE PETROLEUM & NATURAL GAS industry, with SIC code 1311.
When was the company formerly known as CabelTel International Corp?
The name change from CabelTel International Corp to New Concept Energy, Inc. occurred on 20050211.
What is the company's state of incorporation?
New Concept Energy, Inc. is incorporated in Nevada (NV).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding New Concept Energy, Inc. (GBR).