Why Is New Concept Energy Stock Surging 7% Overnight?

The company’s deal to provide advisory services to an owner of oil and gas fields saw it earn management fees of $52,000 for 2025, up from $45,000 in 2024
Oil field with rigs and pumps at sunset.
Oil field with rigs and pumps at sunset. (Photo: Anton Petrus/Getty Images)
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Published Apr 01, 2026   |   1:36 AM EDT
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  • New Concept Energy posted 2025 revenue of $155,000 compared to $146,000 for 2024.
  • Retail sentiment around GBR stock remained in the ‘bearish’ territory throughout the week. 
  • Message activity around GBR is up 100% over the last month

Shares of New Concept Energy (GBR) rose 7% in overnight trading heading into Wednesday after the company posted that its total revenue for the full year ended Dec. 31, 2025, was $155,000, compared to $146,000 a year earlier.

GBR had sold its oil and gas wells and mineral leases in 2020, and in 2022 entered an agreement with the owner of oil and gas wells to receive 10% of the revenue from these wells in exchange for providing advisory, accounting and management services. GBR said its management fees increased by $52,000 for the year, compared to $45,000 for the year ended Dec. 31, 2024, due to higher oil and gas prices.

The company also owns about 190 acres of real estate in West Virginia and, for 2025, earned rental revenue of $103,000, compared to $101,000 the previous year.

 Hopes of A Ceasefire Push Oil Prices Lower

The results arrive as oil prices have dropped on reports that the U.S and Iran are open to a resolution to end the war. President Trump had said that the U.S. could leave Iran within two to three weeks, while Iranian President Masoud Pezeshkian said that Iran is ready to end the war, after reiterating the country’s demands. Brent crude futures were at $105.33 per barrel and West Texas Intermediate at $103.02 per barrel as of 12:42 AM EDT on Wednesday.

How Did Retail React to GBR

On Stocktwits, sentiment around GBR remained in the ‘bearish’ territory throughout the week, with ‘extremely low’ message volumes. Message activity around the stock has soared 100% over the last month.

One bullish user said, “$GBR has all ingredients.”

While another added, “$GBR This will be huge soon.”

 For updates and corrections, email newsroom[at]stocktwits[dot]com.

Read Next: Why Did BYND Stock Tumble 10% In After-Hours Trading Today?

 

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