New Concept Energy, Inc.
GBR
Real Estate
2
exclusion reasons
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
New Concept Energy, Inc. is a fully integrated oil and gas producer, engaged in the exploration, production, and operation of wells, primarily in Ohio and West Virginia. The company has been focused on energy resource development since 2003, deriving its core business revenue from fossil fuel extraction and production.
The company has been subject to regulatory scrutiny by the SEC. In 2012, the Commission highlighted that third-party payments made by the company created a risk that funds could be used for illicit purposes such as bribery or embezzlement. This enforcement action points to governance and control failures within its operations.
New Concept Energy is an oil and gas company with operations in Appalachian Basin wells. The company derives revenue from fossil fuel production and related activities.
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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