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

13K

High

1.69

P/E Ratio

-4.45

52-wk high

3.20

Low

1.64

Div yield

N/A

52-wk low

1.62

Barnwell Industries has entered into an agreement to sell its subsidiary Water Resources International for gross proceeds of $2 million. This transaction is part of Barnwell's strategic initiatives to optimize its asset portfolio.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 11:03 am

Insiders have recently bought shares in four penny stocks: Butler National Corporation (OTC:BUKS), Blend Labs, Inc. (NYSE:BLND), Tecogen Inc. (OTC:TGEN), and Barnwell Industries, Inc. (NYSE:BRN). Butler National disclosed the acquisition of KC Machine, Blend announced an integration with MeridianLink, Tecogen signed a $1.5 million Credit Agreement, and Barnwell Industries reported a net loss of $717,000.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 12:34 pm

Insiders at four companies have recently made significant purchases of their own stocks. These include Barnwell Industries (BRN), Cadrenal Therapeutics (CVKD), BrightRock Gold (BRGC), and Martin Midstream Partners (MMLP). The purchases indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 1:25 pm

Barnwell Industries (AMEX:BRN) has announced a quarterly dividend of 1.5 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 11, 2023.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:45 pm

Insiders have been aggressively buying shares of Barnwell Industries (BRN), Bioventus (BVS), Savara (SVRA), and Near Intelligence (NIR), all stocks under $3. This indicates their confidence in the companies' prospects, which can be a factor for investors and traders interested in penny stocks.

Portfolio Pulse from Lisa Levin

May 30, 2023 | 11:19 am

Barnwell Industries (AMEX:BRN) announced a quarterly dividend of 1.5 cents per share, with Tuesday being the last chance for investors to buy the stock before the ex-dividend date. The dividend will be paid out on June 12, 2023.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:46 pm

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