New Concept Energy (NYSE:GBR) Stock Price Up 2.7% – Here’s Why

Posted by Brenda Bartman on Aug 12th, 2026

New Concept Energy, Inc. (NYSE:GBR – Get Free Report) rose 2.7% on Tuesday . The company traded as high as $0.72 and last traded at $0.7147. 17,687 shares changed hands during trading, a decline of 97% from the average session volume of 515,075 shares. The stock had previously closed at $0.6956.

New Concept Energy Trading Up 2.7%

The firm has a market cap of $3.67 million, a P/E ratio of -23.82 and a beta of 0.97. The business has a 50-day moving average price of $0.71 and a 200-day moving average price of $0.78.

Hedge Funds Weigh In On New Concept Energy

A hedge fund recently bought a new position in New Concept Energy stock. Jane Street Group LLC bought a new stake in shares of New Concept Energy, Inc. (NYSE:GBR – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,724 shares of the company’s stock, valued at approximately $29,000. Jane Street Group LLC owned approximately 0.50% of New Concept Energy at the end of the most recent quarter.

About New Concept Energy

(Get Free Report)

New Concept Energy, Inc (NYSE:GBR) is an independent exploration and production company engaged in the acquisition, development and operation of onshore oil and natural gas assets. The company targets both conventional and unconventional formations, assembling a portfolio of producing wells and undeveloped acreage through lease acquisitions, farm-ins and joint ventures.

Its core activities encompass drilling, completion and production optimization of crude oil, natural gas and natural gas liquids (NGLs).