New Concept Energy, Inc. Overview
Pro stress-test →New Concept Energy owns approximately 191 acres of land in Parkersburg, West Virginia, consisting of four structures totaling approximately 53,000 square feet, with its main industrial/office building containing approximately 24,800 square feet. The company also provides advisory and management services for an independent oil and gas company.
Strategic Profile
Pro stress-test →The company reported a small net loss of $14,000 for Q1 2026, modestly improving from a $20,000 loss a year earlier. The company expects net proceeds of about $2,000,000 from a planned share issuance to fund potential acquisitions and provide additional working capital.
Competitive Landscape
Pro stress-test →Not applicable. New Concept Energy does not compete in a traditional market—it operates as a holding company for real estate rental and provides limited advisory services. There are no direct competitors given the company's micro-scale operations and listing-maintenance focus.
Industry Context
New Concept Energy, Inc. operates in Holding companies and real estate rental.
Key facts
Founded: 1978 · Headquarters: Dallas, Texas, US · Employees: 2 · Revenue: $39,000 (Q1 2026) · Market cap: N/A