Streetbeat News

BRN

Barnwell Industries, Inc.

https://www.brninc.com

Industry

Oil & Gas Exploration & Production

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. It operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. The company acquires and develops crude and natural gas assets in the province of Alberta; and invests in land interests in Hawaii. It also owns and operates five water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; drills water and water monitoring wells of varying depths; installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is headquartered in Honolulu, Hawaii.

Open

1.68

Mkt cap

17M

Volume

4.2K

High

1.68

P/E Ratio

-2.43

52-wk high

3.20

Low

1.61

Div yield

N/A

52-wk low

1.31

Barnwell Industries, Inc. reported a decrease in revenue and an increased net loss for its first quarter ended December 31, 2024, compared to the same period in 2023. The company remains debt-free with $642,000 in working capital.

Portfolio Pulse from

February 14, 2025 | 11:15 am

Barnwell Industries, Inc. has adopted a limited-duration shareholder rights plan to prevent a 30% shareholder from gaining 'creeping' control and to protect long-term shareholder value.

Portfolio Pulse from

January 27, 2025 | 11:15 am

Barnwell Industries, Inc. reported its fourth quarter and year-end results for September 30, 2024. The company highlighted the success of its Twining drilling program and optimization projects that have maintained production levels and reduced operating costs.

Portfolio Pulse from

December 16, 2024 | 11:15 am

Barnwell Industries (AMEX:BRN) has outperformed the market over the past 5 years with an average annual return of 23.36%, surpassing the market by 9.02% annually. A $100 investment in BRN 5 years ago would now be worth $280.52.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 3:01 pm

Barnwell Industries reported a Q3 EPS of $(0.12), down from $(0.07) last year, and revenue of $5.53M, down from $5.675M in the prior year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:09 am

Insiders are aggressively buying shares in four penny stocks: Marygold Companies, Standard BioTools, Erasca, and Barnwell Industries. These transactions indicate insider confidence in these companies' prospects.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:47 pm

Insiders at Comstock, Barnwell Industries, and Socket Mobile have recently made significant purchases of their companies' stocks, signaling confidence in their respective companies' futures. These transactions come amid various company developments, including better-than-expected quarterly sales for Socket Mobile, a planned CEO succession at Barnwell Industries, and weaker-than-expected sales for Comstock.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 11:26 am

Insiders at Barnwell Industries, IZEA Worldwide, and Earth Science Tech have recently made significant stock purchases. These transactions indicate insider confidence in these companies, despite varied recent news such as Barnwell's CEO succession, IZEA's disappointing quarterly results, and Earth Science Tech's stock repurchase program.

Portfolio Pulse from Avi Kapoor

April 29, 2024 | 10:41 am

Insiders at Barnwell Industries, Mobile Infrastructure Corporation, and Galectin Therapeutics have recently made significant stock purchases. These transactions indicate insider confidence in the companies' prospects. Barnwell Industries announced a CEO succession, Mobile Infrastructure is set to release Q1 2024 earnings, and Galectin Therapeutics received a buy rating with a maintained price target from HC Wainwright & Co.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 10:53 am

Barnwell Industries announces a leadership transition with CEO and President Alexander Kinzler passing the roles to Craig Hopkins on April 1, 2024. Kinzler will become Executive Chairman and currently owns 9.2% of the company's shares, with relatives owning about 4%.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:03 am

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