New Concept Energy, Inc (GBR) financial statements (2020 and earlier)

Company profile

Business Address 1603 LBJ FREEWAY
DALLAS, TX 75234
State of Incorp. NV
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments000000
Cash and cash equivalents000000
Receivables040000
Other current assets0  000
Other undisclosed current assets4     
Total current assets:441011
Noncurrent Assets
Property, plant and equipment111112
Oil and gas property, full cost method133669
Long-term investments and receivables 00   
Accounts and financing receivable, after allowance for credit loss 00   
Restricted cash and investments     1
Other undisclosed noncurrent assets0  01 
Total noncurrent assets:2347812
TOTAL ASSETS:6847912
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities100000
Accounts payable1000  
Accrued liabilities000000
Debt000011
Due to related parties   00 
Other undisclosed current liabilities   (0)01
Total current liabilities:101012
Noncurrent Liabilities
Long-term debt and lease obligation0000  
Long-term debt, excluding current maturities0000  
Liabilities, other than long-term debt3     
Asset retirement obligations3     
Other undisclosed noncurrent liabilities 33344
Total noncurrent liabilities:333344
Total liabilities:434356
Stockholders' equity
Stockholders' equity attributable to parent251446
Preferred stock000000
Common stock000000
Additional paid in capital646459595959
Accumulated deficit(61)(59)(58)(55)(55)(53)
Total stockholders' equity:251446
TOTAL LIABILITIES AND EQUITY:6847912

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues011144
Revenue, net1144
Cost of revenue
(Cost of Goods and Services Sold)
  (1)  (1)
Gross profit:01(0)143
Operating expenses(4)(1)(4)(2)(8)(5)
Other operating income (expense), net   (0)(0)0
Other undisclosed operating income0 1001
Operating loss:(3)(1)(3)(1)(4)(1)
Nonoperating income100000
Investment income, nonoperating000000
Other nonoperating income000   
Interest and debt expense(0)(0)(0)0(0)0
Loss from continuing operations before income taxes:(2)(1)(3)(1)(4)(1)
Income tax expense   (0)  
Loss from continuing operations:(2)(1)(3)(1)(4)(1)
Income (loss) from discontinued operations  (0)0  
Loss before gain (loss) on sale of properties:(2)(1)(3)(1)(4)(1)
Other undisclosed net income    10
Net loss:(2)(1)(3)(1)(3)(1)
Other undisclosed net income attributable to parent0001  
Net income (loss) available to common stockholders, diluted:(2)(0)(3)0(3)(1)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(2)(1)(3)(1)(3)(1)
Comprehensive loss, net of tax, attributable to parent:(2)(1)(3)(1)(3)(1)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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