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New Concept Energy Inc   (GBR)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

New Concept Energy Inc 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for New Concept Energy Inc in the third quarter 2023?
New Concept Energy Inc achieved a return on average equity (ROE) of 0.63 % in its third quarter 2023, this is above GBR's average return on equity of -56.52%.
New Concept Energy Inc shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $5 million

ROE fell compared to the second quarter 2023, despite the net income growth of % from the second quarter 2023.

Within the Oil And Gas Production industry 67 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the second quarter 2023 from 0 to 1862.

What is ROE?



Return On Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change - 1.08 % - - -
Y / Y Net Income Change -74.07 % - 240 % - -
Net Income (TTM) in Millions 0 0 0 0 0
Return On Equity (TTM) 0.63 % 1.42 % 5.63 % 7.94 % 10.58 %
GBR's Total Ranking # 1862 # 0 # 0 # 0 # 0
Equity (TTM) in Millions 5 5 5 5 0
Seq. Equity Change 0.15 % -0.13 % 0.37 % - -
Seq. Net Income Change - - 54.55 % -59.26 % -80.43 %

Return On Equity Company Ranking
Within: No.
Industry # 68
Sector # 95
Overall # 1862

Return On Equity Statistics
High Average Low
54.83 %
-56.52 %
-655.48 %
(Mar 31 2021)   (Sep 30 2018)





GBR Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
Total Equity in Millions 5 0 4 2 5
Y / Y Equity Change - - 79.54 % -49.4 % 648.58 %
Net Income in Millions 0 0 2 -2 0
Y / Y Net Income Change 158.57 % -96.35 % - - -
Return On Equity 3.96 % - 44.3 % -97.63 % -10.17 %





Annual Roe Comment
In 2022 ROE improved to 3.96 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Oil And Gas Production Industry Roe Trends and Statistics
Energy Sector Return On Equity Statistics
GBR's' Return on Equity at Yahoo Finance
GBR's Roe Ratio versus Oil And Gas Production Industry, Energy Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for GBR's Competitors
Return On Equity for New Concept Energy Inc 's Suppliers
Roe for GBR's Customers




Companies with similar Return On Equity at Sep 30 2023, within Energy Sector ROE
Mammoth Energy Services Inc   1.62 %
Pedevco Corp   1.51 %
Natural Gas Services Group Inc   0.99 %
New Concept Energy Inc   0.63 %
Conocophillips  0.48 %
Expro Group Holdings N v   0.16 %


Date modified: 2023-11-12T08:52:16+00:00



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