Barnwell Industries
About: Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company acquires and develops crude oil and natural gas assets. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue, and Canada.
Employees: 28
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
15% more funds holding
Funds holding: 20 [Q3] → 23 (+3) [Q4]
0.01% more ownership
Funds ownership: 12.68% [Q3] → 12.68% (+0.01%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
33% less capital invested
Capital invested by funds: $2.87M [Q3] → $1.93M (-$949K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for BRN.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Barnwell Industries Corrects Ned Sherwood's Misleading Claims
Alex Kinzler does NOT support Sherwood's Consent Solicitation Consent Submitted by Alex Kinzler for One Share Required to Commence Consent Solicitation Urges Shareholders to Ignore and Discard any Blue Consent Solicitation Card HONOLULU, March 19, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today corrected the record regarding Ned Sherwood's highly misleading statements made in connection with his attempt to take over Barnwell without paying a premium to shareholders. Contrary to Sherwood's claims in a press release this morning, and for the avoidance of doubt, Alex Kinzler, Executive Chairman, General Counsel and Corporate Secretary, is a member of Barnwell's Executive Committee of the Board defending the Company AGAINST Sherwood's costly and distracting consent solicitation.
Neutral
Newsfile Corp
1 month ago
Ned L. Sherwood, MRMP-Managers LLC and Ned L. Sherwood Revocable Trust (collectively, the "Sherwood Group") Urges All Barnwell Industries, Inc. ("Barnwell" or "BRN") Shareholders to Consent on the Blue Card as Consent Window Opens
Vero Beach, Florida--(Newsfile Corp. - March 19, 2025) - The Sherwood Group, a long-term and significant shareholder with approximately 29.90% of the issued and outstanding shares of Barnwell Industries, Inc. ("Barnwell" or "BRN") is pleased to announce that the consent window has officially begun with the receipt of the first consent. On Friday, March 14, 2025, Mr.
Neutral
GlobeNewsWire
1 month ago
Barnwell Industries, Inc. Announces Sale of its Water Drilling Subsidiary for $1,050,000
Sale Will Streamline Parent Company Operations to Focus on Oil and Natural Gas Business Sale Will Streamline Parent Company Operations to Focus on Oil and Natural Gas Business
Neutral
GlobeNewsWire
1 month ago
Barnwell Industries, Inc. Disqualifies Ned Sherwood's Board Nominees Included in Defective and Insufficient Nomination Notice for 2025 Annual Meeting
Sets March 14, 2025, as Record Date for Shareholders to Act by Written Consent in Connection with Sherwood's Latest Self-Serving Campaign to Take Control of Barnwell
Neutral
GlobeNewsWire
1 month ago
Barnwell Industries, Inc. Announces Entering into a Non-Binding Letter of Intent for the Sale of its Water Well Drilling Subsidiary
HONOLULU, March 05, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that it had entered into a non-binding letter of intent for the sale of Water Resources International, Inc., its water well drilling subsidiary. The Company anticipates that the transaction, for an expected aggregate value of $1,050,000, would close in late March 2025. A portion of the consideration would be paid at the closing and the remainder would be paid in installments, with the last installment payable on September 15, 2025, before the end of the Company's current fiscal year.
Neutral
GlobeNewsWire
1 month ago
Barnwell Industries, Inc. Informs Ned Sherwood of Defective and Insufficient Director Nomination Notice and Investigation of Circumstances that May Have Triggered Shareholder Rights Plan
Actions Continue Ned Sherwood's Long History of Disruption, Breaches of Settlement Agreements and Blatant Disregard for Established Bylaws and Shareholder Protections
Neutral
GlobeNewsWire
2 months ago
Barnwell Industries, Inc. Reports Results for its First Quarter Ended December 31, 2024
HONOLULU, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its first quarter ended December 31, 2024. For the quarter, the Company had revenue of $4,477,000 and a net loss of $1,917,000 or $0.19 per share. In the three months ended December 31, 2023, the Company reported quarterly revenue of $6,155,000 and a net loss of $664,000 or $0.07 per share. The Company remains debt free and ended the quarter with $642,000 in working capital, including $1,957,000 in cash and cash equivalents.
Neutral
GlobeNewsWire
2 months ago
Barnwell Industries, Inc. Adopts Limited-Duration Shareholder Rights Plan
Designed to Prevent “Creeping” Control by 30% Shareholder and Protect the Long-Term Value for All Shareholders Designed to Prevent “Creeping” Control by 30% Shareholder and Protect the Long-Term Value for All Shareholders
Neutral
GlobeNewsWire
4 months ago
Barnwell Industries, Inc. Reports Results for its Fourth Quarter and Year Ended September 30, 2024
Success of Twining Drilling Program Continues While Optimization Projects Maintain Production Levels and Reduce Operating Costs
Neutral
GlobeNewsWire
8 months ago
Barnwell Industries, Inc. Reports Results for its Third Quarter Ended June 30, 2024
Twining Drilling Program is Underway While Optimization InvestmentsMaintain Production and Reduce Operating Costs
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