Barnwell Industries (BRN)
Produces Alberta oil and gas while holding Hawaii luxury-land partnership interests.
Barnwell Industries Clarifies Hawaii Transaction Disclosure in August 11, 2026 Earnings Release
HOUSTON, TX / ACCESS Newswire / August 12, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced a clarification to its August 11, 2026 earnings release relating to its previously announced Hawaii transaction. As correctly disclosed by the Company on August 4, 2026, the definitive agreement provides for a gross purchase price of approximately $1,770,000, of which approximately $1.5 million is expected to be net to Barnwell.
Barnwell Industries, Inc. Reports Results for Its Third Quarter Ended June 30, 2026
Sequential Quarter-on-Quarter Results Improve as Company Increases Production, Lowers Costs, and Strengthens Balance Sheet While Continuing to Evaluate Strategic Transformational Opportunities HOUSTON, TX / ACCESS Newswire / August 11, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its third quarter ended June 30, 2026. Barnwell continued to improve its operating and cost structure during the third quarter as the Company benefited from lower administrative expenses, improved oil and gas operating results stemming both from increased production and product pricing, and the completion of its corporate transition from Honolulu, Hawai‘i to a lower-cost Houston based platform.
Barnwell Industries Advances Strategic Transformation Through Sale of Remaining Hawaii Development Interests
Transaction Advances Portfolio Simplification, Strengthens Balance Sheet and Enhances Strategic Flexibility HOUSTON, TX / ACCESS Newswire / August 4, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced that it has entered into a definitive agreement to sell its remaining Hawaii development interests and related project rights. The transaction represents another important step in Barnwell's strategy to simplify its portfolio, strengthen its balance sheet and redeploy capital toward higher-return opportunities.
Barnwell Industries, Inc. Reports Results for Its Second Quarter Ended March 31, 2026
Sequential Quarter-on-Quarter Results Improve as Company Lowers Costs, Strengthens Balance Sheet and Advances Strategic Review HOUSTON, TX / ACCESS Newswire / May 21, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its second quarter ended March 31, 2026. Barnwell continued to improve its operating and cost structure during the second quarter as the Company benefited from lower administrative expenses, improved oil and gas operating results, and the completion of its corporate transition from Honolulu, Hawai‘i to a lower-cost Houston based platform.
Barnwell Industries Receives Cash Distribution from Its Interests in the Big Island of Hawaii Kaupulehu and Kukio Resort Partnerships, Highlighting the Company's Embedded Value Beyond Its Core Energy Operations
HOUSTON, TX / ACCESS Newswire / March 23, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has received a cash distribution of approximately $290,000 from its investments in the Kukio Resort land development partnerships in Hawaii, specifically those in KD Kona and KKM Makai. Barnwell holds minority partnership interests in the Kukio Resort development, a high-end residential community located on the Kona coast of Hawaii.
Barnwell Industries Highlights Increased Revenue Leverage to Rising Oil Prices and Ongoing Strategic Review
HOUSTON, TX / ACCESS Newswire / March 19, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today highlighted the increased value and revenue potential of its Canadian oil production in light of recent strength in global energy prices, and provided an update on its ongoing strategic review process. Barnwell produces crude oil from its interests in the Twining oil field in Alberta, Canada, generating approximately 950 barrels of oil equivalent per day from long-life, conventional reserves in a stable and well-established jurisdiction.
Barnwell Industries, Inc. Announces Appointment of Sean Wallace to Expand Strategic M&A Capabilities and Capital Markets Expertise
HOUSTON, TX / ACCESS Newswire / March 11, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced the appointment of Sean Wallace as a strategic advisor to enhance the Company's capabilities in mergers and acquisitions and broader corporate development initiatives. Mr. Wallace participated in Barnwell's November 2025 Private Placement.
Barnwell Industries, Inc. Reports Results for its First Quarter Ended December 31, 2025
HOUSTON, TX / ACCESS Newswire / February 23, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its first quarter ended December 31, 2025. For the quarter, the Company had revenue from continuing operations of $2,746,000 and a net loss from continuing operations of $1,412,000 or $0.13 per share.
Barnwell Industries, Inc. Adopts Limited-Duration Shareholder Rights Plan
Designed to Prevent "Creeping" Control and Protect the Long-Term Value for All Shareholders HONOLULU, HI / ACCESS Newswire / January 30, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell or the "Company") today announced that the Board of Directors (the "Board") of Barnwell has adopted a limited-duration shareholder rights plan ("Rights Plan") designed to protect the interests of the Company and all of its shareholders. Barnwell's existing limited-duration rights plan expired on January 26, 2026.
Barnwell Industries (NYSE:BRN) versus Chesapeake Energy (OTCMKTS:CHKAQ) Critical Analysis
Earnings and Valuation This table compares Barnwell Industries and Chesapeake Energy"s revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Barnwell Industries $13.70 million 1.04 -$5.57 million ($0.70) -1.63 Chesapeake Energy $8.49 billion 0.00 -$308.00 million ($54.00) -0.06 Barnwell Industries has higher earnings, but lower revenue than
Barnwell Industries (NYSE:BRN) Stock Price Down 0.9% – Time to Sell?
Barnwell Industries, Inc. (NYSE: BRN - Get Free Report) dropped 0.9% during mid-day trading on Monday. The company traded as low as $1.09 and last traded at $1.10. Approximately 314,576 shares traded hands during mid-day trading, an increase of 94% from the average daily volume of 161,905 shares. The stock had previously closed at $1.11.
Philip F. Patman, Jr. to Succeed Russell M. Gifford as Chief Financial Officer of Barnwell
HONOLULU, HI / ACCESS Newswire / December 30, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced the retirement of Russell M. Gifford as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective December 31, 2025, as well as the appointment of Philip F.
Barnwell Industries, Inc. Reports Results for Its Fourth Quarter and Year Ended September 30, 2025
Recent Capital Raise Lays the Groundwork for Future Success HONOLULU, HI / ACCESS Newswire / December 19, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its fourth quarter and year ended September 30, 2025. The Company had revenue from continuing operations of $3,022,000 and a net loss from continuing operations of $2,429,000 or $0.24 per share for the fourth quarter and revenue from continuing operations of $13,697,000 and a net loss from continuing operations of $7,103,000 or $0.71 per share for the fiscal year.
Barnwell Industries, Inc. Announces Closing of Previously Announced Private Placement Led by Bradley Radoff
HONOLULU, HI / ACCESS Newswire / December 3, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has closed its previously announced private placement of common stock and warrants raising gross proceeds of approximately $2.4 million from accredited investors. Under the terms of the transaction, Barnwell issued an aggregate of 2.2 million shares of common stock at a purchase price of $1.10 per share.
Barnwell Industries, Inc. Announces $2.4 Million Private Placement Led by Bradley Radoff
Company Strengthens Balance Sheet and Board as it Advances Strategic Repositioning HONOLULU, HI / ACCESS Newswire / November 25, 2025 / Barnwell Industries, Inc. ("Barnwell" or the "Company") today announced that it has entered into a private placement, or PIPE, with accredited investors for the purchase and sale of approximately 2.2 million shares of common stock at a purchase price of $1.10 per share, for expected gross proceeds of approximately $2.4 million. Participants in the PIPE include Bradley Radoff, the lead investor, and other accredited investors, including certain members of the Company's Board of Directors.
Barnwell Industries (NYSE:BRN) Trading Down 4.4% – What’s Next?
Shares of Barnwell Industries, Inc. (NYSE: BRN - Get Free Report) traded down 4.4% on Friday. The company traded as low as $1.08 and last traded at $1.08. 9,198 shares were traded during trading, a decline of 94% from the average session volume of 154,538 shares. The stock had previously closed at $1.13. Barnwell Industries
Barnwell Appoints Philip F. Patman, Jr. as Executive Vice President of Finance; Announces Planned Transitions of Long-Serving Executives
Patman Expected to Assume role of CFO by Year End Actions Confirm Strategic Transformation HONOLULU, HI / ACCESS Newswire / October 28, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced the appointment of Philip F. Patman, Jr. as Executive Vice President, Finance.
Barnwell Adds Capital Markets and Operating Expertise
Phil McPherson and Craig Hopkins Elected to the Board HONOLULU, HI / ACCESS Newswire / September 23, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced the election of Philip J. McPherson and Craig D.
Barnwell Announces Reduction of Quorum for Further Adjourned 2025 Annual Meeting
HONOLULU, HI / ACCESS Newswire / September 11, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today convened and then adjourned the 2025 Annual Meeting of Stockholders (the "2025 Annual Meeting") without transacting any other business. The 2025 Annual Meeting was adjourned to be held on Friday, September 19, 2025 at 9:00 a.m.
Barnwell Industries, Inc. Reports Results for Its Third Quarter Ended June 30, 2025 Together With the Receipt of $2,300,000 of Cash for U.S. Oil and Natural Gas Properties Sale
HONOLULU, HI / ACCESS Newswire / August 13, 2025 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its third quarter ended June 30, 2025. For the quarter, the Company had revenue from continuing operations of $3,192,000 and a net loss from continuing operations of $1,550,000 or $0.15 per share.