New Concept Energy Files 2024 10-K
Ticker: GBR · Form: 10-K · Filed: 2025-03-24T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, oil-and-gas, financials
TL;DR
NCE filed its 2024 10-K, showing financials for oil & gas ops. Check it for details.
AI Summary
New Concept Energy, Inc. filed its 2024 10-K on March 24, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly CabelTel International Corp, operates in the crude petroleum & natural gas sector. The filing details financial data for the fiscal years 2024 and 2023, including information on common stock, additional paid-in capital, and retained earnings.
Why It Matters
This filing provides investors with the company's official financial performance and position for the 2024 fiscal year, crucial for understanding its operational health and future prospects in the energy sector.
Risk Assessment
Risk Level: medium — The company operates in the volatile crude petroleum & natural gas industry, which inherently carries significant market and operational risks.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the financial statements in the 10-K.)
- 2023 — Prior Fiscal Year (Comparative financial data is provided for this year.)
- 105744 — Central Index Key (Unique identifier for New Concept Energy, Inc. in SEC filings.)
Key Players & Entities
- New Concept Energy, Inc. (company) — Filer of the 10-K
- CabelTel International Corp (company) — Former name of New Concept Energy, Inc.
- 2024-12-31 (date) — Fiscal year end
- 2025-03-24 (date) — Filing date
- CRUDE PETROLEUM & NATURAL GAS (industry) — Company's Standard Industrial Classification
FAQ
What were the primary financial results for New Concept Energy, Inc. in fiscal year 2024?
The 10-K filing for the fiscal year ending December 31, 2024, provides detailed financial statements, including balance sheets and income statements, which would contain the primary financial results. Specific figures for revenue, net income/loss, and other key metrics are available within the full document.
Has New Concept Energy, Inc. undergone any name changes?
Yes, New Concept Energy, Inc. was formerly known as CabelTel International Corp, with a name change effective February 11, 2005. It was also formerly known as GREENBRIAR CORP and MEDICAL RESOURCE COMPANIES OF AMERICA.
What industry does New Concept Energy, Inc. operate in?
New Concept Energy, Inc. operates in the CRUDE PETROLEUM & NATURAL GAS industry, as indicated by its Standard Industrial Classification code [1311].
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on March 24, 2025.
What are the key financial statement components mentioned in the filing data?
The filing data references components such as us-gaap:CommonStockMember, us-gaap:AdditionalPaidInCapitalMember, and us-gaap:RetainedEarningsMember for the fiscal years ending December 31, 2022, and December 31, 2023.
From the Filing
0001214659-25-004675.txt : 20250324 0001214659-25-004675.hdr.sgml : 20250324 20250324151104 ACCESSION NUMBER: 0001214659-25-004675 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 59 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250324 DATE AS OF CHANGE: 20250324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: New Concept Energy, Inc. CENTRAL INDEX KEY: 0000105744 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation EIN: 752399477 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08187 FILM NUMBER: 25763850 BUSINESS ADDRESS: STREET 1: 1603 LBJ FREEWAY STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 9724078400 MAIL ADDRESS: STREET 1: 1603 LBJ FREEWAY STREET 2: SUITE 800 CITY: DALLAS STATE: TX ZIP: 75234 FORMER COMPANY: FORMER CONFORMED NAME: CabelTel International Corp DATE OF NAME CHANGE: 20050211 FORMER COMPANY: FORMER CONFORMED NAME: GREENBRIAR CORP DATE OF NAME CHANGE: 19960514 FORMER COMPANY: FORMER CONFORMED NAME: MEDICAL RESOURCE COMPANIES OF AMERICA DATE OF NAME CHANGE: 19920703 10-K 1 z31925010k.htm false 2024 FY 0000105744 0000105744 2024-01-01 2024-12-31 0000105744 2024-06-30 0000105744 2025-03-17 0000105744 2024-12-31 0000105744 2023-12-31 0000105744 2023-01-01 2023-12-31 0000105744 GBR:RentMember 2024-01-01 2024-12-31 0000105744 GBR:RentMember 2023-01-01 2023-12-31 0000105744 GBR:ManagementFeeMember 2024-01-01 2024-12-31 0000105744 GBR:ManagementFeeMember 2023-01-01 2023-12-31 0000105744 GBR:PreferredSeriesBMember 2022-12-31 0000105744 us-gaap:CommonStockMember 2022-12-31 0000105744 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000105744 us-gaap:RetainedEarningsMember 2022-12-31 0000105744 2022-12-31 0000105744 GBR:PreferredSeriesBMember 2023-12-31 0000105744 us-gaap:CommonStockMember 2023-12-31 0000105744 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000105744 us-gaap:RetainedEarningsMember 2023-12-31 0000105744 GBR:PreferredSeriesBMember 2023-01-01 2023-12-31 0000105744 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000105744 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000105744 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000105744 GBR:PreferredSeriesBMember 2024-01-01 2024-12-31 0000105744 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000105744 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0000105744 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0000105744 GBR:PreferredSeriesBMember 2024-12-31 0000105744 us-gaap:CommonStockMember 2024-12-31 0000105744 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000105744 us-gaap:RetainedEarningsMember 2024-12-31 0000105744 GBR:RealtyAdvisorsIncMember 2024-01-01 2024-12-31 0000105744 GBR:AmericanRealtyInvestorsMember 2024-12-31 0000105744 GBR:AmericanRealtyInvestorsMember 2023-12-31 0000105744 GBR:AmericanRealtyInvestorsMember 2024-01-01 2024-12-31 0000105744 GBR:CurrentOperationsMember 2024-01-01 2024-12-31 0000105744 us-gaap:CorporateMember 2024-01-01 2024-12-31 0000105744 GBR:TotalOperationsMember 2024-01-01 2024-12-31 0000105744 GBR:CurrentOperationsMember 2023-01-01 2023-12-31 0000105744 us-gaap:CorporateMember 2023-01-01 2023-12-31 0000105744 GBR:TotalOperationsMember 2023-01-01 2023-12-31 0000105744 GBR:FirstQuarterMember 2024-01-01 2024-12-31 0000105744 GBR:SecondQuarterMember 2024-01-01 2024-12-31 0000105744 GBR:ThirdQuarterMember 2024-01-01 2024-12-31 0000105744 GBR:FourthQuarterMember 2024-01-01 2024-12-31 0000105744 GBR:FirstQuarterMember 2023-01-01 2023-12-31 0000105744 GBR:SecondQuarterMember 2023-01-01 2023-12-31 0000105744 GBR:ThirdQuarterMember 2023-01-01 2023-12-31 0000105744 GBR:FourthQuarterMember 2023-01-01 2023-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K   x ANNUAL REPORT PURSUANT TO SECTION 13 OR 5(d)