Stock FAQs

why is gbr stock up

by Shyann Schimmel Published 3 years ago Updated 2 years ago
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The reason it went up 959% is the stock manipulation by the collusion of a bunch of small retail traders (i.e. WallStreetBets). The stock has a small float and coordinated and uniform buying will drive the price up quickly. The average trading volume is about 400K, while today it was 94 million shares traded.

Is GBR stock stuck in a range?

This is so weird. $GBR is a small unprofitable oil company with 5 employees and 150 oil wells. For most of 2020, it was trading in pennies (less than 1 dollar). It opened today at $2.30. The reason...

What does GBR stand for?

Apr 13, 2022 · View New Concept Energy, Inc GBR investment & stock information. Get the latest New Concept Energy, Inc GBR detailed stock quotes, stock …

Should you buy NewNew concept energy (GBR) stock?

GBR POWR Grades. GBR scores best on the Momentum dimension, with a Momentum rank ahead of 79.64% of US stocks. The strongest trend for GBR is in Stability, which has been heading up over the past 176 days. GBR ranks lowest in Value; there it ranks in the 7th percentile. GBR Stock Summary

What should investors know about Geopark Corporation (GBR) stock?

Jan 28, 2021 · While it is not clear that Redditors are rallying behind New Concept Energy, there is a chance that the Wild West atmosphere may be boosting GBR shares on Thursday. Beyond that, investors should...

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Where is New Concept Energy located?

What is the NCE?

New Concept Energy, Inc., through its subsidiaries, owns and operates oil and gas wells, and mineral leases primarily in the United States. Its oil and gas wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. As of December 31, 2019, the company had 153 producing gas wells; 44 non-producing wells and related equipment; and mineral leases covering approximately 20,000 acres. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Realty Advisors, Inc.

Where is New Concept Energy located?

New Concept Energy, Inc. (NYSE American: GBR), (the "Company" or "NCE") a Dallas based company , today reported Results of Operations for the fourth quarter and the full year ended December 31, 2020.

What is new concept energy?

Importantly, New Concept Energy calls Texas its home. However, it focuses on the Appalachian Basin and the Utica Basin. This means that it focuses in Athens County and Meigs County in Ohio, as well as Calhoun, Jackson and Roane counties in West Virginia. According to its website, New Concept Energy is seeking new projects to acquire.

GBR Gains Big On Gains In Oil

With that in mind, here is what you should know about New Concept Energy now: New Concept Energy has been around since 1978, although it was previously called CabelTel International. Investors should know that GBR stock is a subsidiary of Realty Advisors. Since 2003, the company has focused on energy resource development.

Never Miss The News Again

As mentioned above, New Concept Energy is having an incredibly strong start to the trading session this morning as its flagship product, oil, grows in value. The gains are ultimately the result of two big facgtors:

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