Barnwell Industries Inc
BARNWELL INDUSTRIES INC is classified under Energy / Integrated Oil & Gas and appears not currently profitable on the latest normalized snapshot.
Business. Barnwell Industries Inc (BRN) is an integrated oil and gas company engaged in the exploration, production, and sale of crude oil and natural gas. The firm is headquartered in the United States and its common stock is listed on the New York Stock Exchange under the ticker symbol BRN. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
2Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · BP (BP)
- EarningsQ3 2026 earnings (expected)2026-10-30 · estimated · Chevron (CVX)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Barnwell Industries, Inc. (BRN) has undergone a moderate revision in its internal analytical framework, specifically within the AI-driven narrative and conclusion assessments. This update, sourced from the ha_light_thesis model, indicates a shift in the synthesized view of the company, with a similarity score of 0.468 suggesting a notable departure from prior interpretations. The revision also adjusted the key takeaways, adding one new insight while removing another, reflecting a recalibration of the factors driving the company's profile. Despite these internal analytical adjustments, there are no external watcher signals or significant market events reported for Barnwell Industries during the recent period. The cross-source signal data shows a consistent lack of daily dispatches from late June through mid-July 2026, with the exception of a single dispatch on July 7, 2026. This absence of external noise suggests that the changes in the analytical narrative are driven by internal data processing or model updates rather than new public developments or market-moving events. The company's structural profile remains static, with no reported changes in officer count, analyst coverage, or index membership. Barnwell Industries continues to be held by a top eight holder group, indicating a stable ownership structure amidst the analytical revisions. The lack of new analyst coverage or index inclusions further underscores the quiet nature of the company's recent operational and market presence. In summary, the primary change for Barnwell Industries is the refinement of its AI-generated analytical narrative and conclusions, which may influence internal decision-making or investor perception models. However, without corroborating external signals or material changes in corporate structure, the practical impact of these revisions remains limited. Investors should monitor for any future external events that might validate or contradict the updated analytical takeaways.
Signals & dispatch
Composite-score breakdown
Synthesis
Barnwell Industries Inc (BRN) is an integrated oil and gas company engaged in the exploration, production, and sale of crude oil and natural gas. The firm is headquartered in the United States and its common stock is listed on the New York Stock Exchange under the ticker symbol BRN. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.
BARNWELL INDUSTRIES INC (BRN) is currently classified as Integrated Oil & Gas within Integrated Oil & Gas (Energy). Classification confidence: 0.98 (rule-based classification). Capital structure on the latest snapshot: total assets 21,547,000 USD, total equity 8,132,000, short-term debt 0, long-term debt 0. Net cash position is approximately 4,016,000 USD. Self-calculated market cap is 13,419,877 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 5,281,000, gross profit 0, operating income 161,000, net income -2,576,000. Return on equity ~-87.4%. Return on assets ~-33.0%. Risk profile from automated assessment: liquidity risk high, dilution risk medium. Flags: Filings reference going-concern or substantial-doubt language.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] ha_price_listing: ha_price_listing fired on BRN — basis={'bars_asof': '2026-06-08', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=BRN; metrics={'bars_asof': '2026-06-08', 'ref_price': 0.9801, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=c2f31906-da6e-412d-80ee-e47cf09f7751; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-06). Additional context: ha_price_listing: basis={'bars_asof': '2026-06-08', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=BRN; metrics={'bars_asof': '2026-06-08', 'ref_price': 0.9801, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=c2f31906-da6e-412d-80ee-e47cf09f7751; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing. Comparable peers identified within the same class: Chevron, Shell, BP.
Barnwell Industries, Inc. (BRN) has undergone a moderate revision in its internal analytical framework, specifically within the AI-driven narrative and conclusion assessments. This update, sourced from the ha_light_thesis model, indicates a shift in the synthesized view of the company, with a similarity score of 0.468 suggesting a notable departure from prior interpretations. The revision also adjusted the key takeaways, adding one new insight while removing another, reflecting a recalibration of the factors driving the company's profile. Despite these internal analytical adjustments, there are no external watcher signals or significant market events reported for Barnwell Industries during the recent period. The cross-source signal data shows a consistent lack of daily dispatches from late June through mid-July 2026, with the exception of a single dispatch on July 7, 2026. This absence of external noise suggests that the changes in the analytical narrative are driven by internal data processing or model updates rather than new public developments or market-moving events. The company's structural profile remains static, with no reported changes in officer count, analyst coverage, or index membership. Barnwell Industries continues to be held by a top eight holder group, indicating a stable ownership structure amidst the analytical revisions. The lack of new analyst coverage or index inclusions further underscores the quiet nature of the company's recent operational and market presence. In summary, the primary change for Barnwell Industries is the refinement of its AI-generated analytical narrative and conclusions, which may influence internal decision-making or investor perception models. However, without corroborating external signals or material changes in corporate structure, the practical impact of these revisions remains limited. Investors should monitor for any future external events that might validate or contradict the updated analytical takeaways.
- Return on equity is about -87.4%.
- Debt to equity is about 0.0x.
- [TRIGGER] ha_price_listing: ha_price_listing fired on BRN — basis={'bars_asof': '2026-06-08', 'basis_date': '2026-07-06', 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=BRN; metrics={'bars_asof': '2026-06-08', 'ref_price': 0.9801, 'basis_date': '2026-07-06', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-06T21:22:36Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=c2f31906-da6e-412d-80ee-e47cf09f7751; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=BRN price below 1 ($0.9801) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-06)
- Likely peers from the same classification include Chevron, Shell, BP.
- Companyfacts coverage was partial; recent filing facts backfilled accounts_payable, long_term_debt.
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Bull / Bear case
Generated · model-assistedBarnwell Industries maintains a zero debt-to-equity ratio, ranking in the top quartile compared to the Integrated Oil & Gas cohort median of 0.49.
The company reported a 910% year-over-year increase in operating income for FY2025, signaling a potential turnaround in core operational efficiency.
Barnwell Industries carries low credit risk according to internal risk assessments, suggesting manageable default probabilities despite recent financial volatility.
The company faces high liquidity risk, which threatens its ability to meet short-term obligations given its deteriorating financial position.
Medium dilution risk exists for existing shareholders, potentially eroding ownership value as the company may issue new equity to fund operations.
In focus — financials by report
Revenue $5.3M; Operating income $161.0k.
- ▍Revenue $5.3M
- ▍Operating income $161.0k
- ▍Net margin -48.8%
Revenue $2.7M; Operating income $68.0k.
- ▍Revenue $2.7M
- ▍Operating income $68.0k
- ▍Net margin -51.9%
Revenue $13.7M; Operating income $30.0k.
- ▍Revenue $13.7M
- ▍Operating income $30.0k
- ▍Net margin -51.9%
Revenue $21.7M; Operating income -$687.0k.
- ▍Revenue $21.7M
- ▍Operating income -$687.0k
- ▍Net margin -25.6%
Revenue $18.1M; Operating income $303.0k.
- ▍Revenue $18.1M
- ▍Operating income $303.0k
- ▍Net margin -30.8%
Revenue $25.3M; Operating income $5.2M.
- ▍Revenue $25.3M
- ▍Operating income $5.2M
- ▍Net margin -3.8%
Revenue $25.3M; Operating income $5.2M.
- ▍Revenue $25.3M
- ▍Operating income $5.2M
- ▍Net margin -3.8%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Filings reference going-concern or substantial-doubt language.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, Executive VP - Finance · Incentive Stock Option (Right to Buy) → Common StockAcquired 185 000 @ $1,21grant · 2025-10-27
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Return On Assetsnet_income / total_assets
- Ev To Revenueenterprise_value / revenue
- Enterprise Valuemarket_cap - net_cash
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- BARNWELL INDUSTRIES INC company facts · 2026-07-07
- BARNWELL INDUSTRIES INC 10-Q 2026-05-21 · 2026-07-07
- BARNWELL INDUSTRIES INC 10-Q 2026-02-23 · 2026-07-07
- BARNWELL INDUSTRIES INC 10-K 2025-12-23 · 2026-07-07
- BARNWELL INDUSTRIES INC 10-Q 2025-08-13 · 2026-07-07
- ha_price_listing fired on BRN · 2026-07-07
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockBought 4 433 @ $1,05$5K · 2026-02-26
- Director, Executive VP - Finance · Common StockOther 9 346 · 2025-12-10
- Director · Common StockOther 9 346 · 2025-12-10
- Director · Common StockOther 9 346 · 2025-12-10
- Director · Common StockOther 43 860 · 2025-12-03
- 10% owner · Common Stock, par value $0.50 per shareSold 131 910 @ $1,10$145K · 2025-12-03
- 10% owner · Common Stock, par value $0.50 per shareSold 13 743 @ $1,14$16K · 2025-12-02
- 10% owner · Common Stock, par value $0.50 per shareSold 174 587 @ $1,15$201K · 2025-12-02
- Director, Executive VP - Finance · Common StockBought 43 796 @ $1,10$48K · 2025-11-24
- Director · Common StockBought 45 000 @ $1,10$50K · 2025-11-24
- Director · Common StockBought 59 563 @ $1,10$66K · 2025-11-24
- Director · Common StockBought 14 563 @ $1,10$16K · 2025-11-24
- Director, Executive VP - Finance · Common StockOther 83 207 · 2025-10-27
- Director, Executive VP - Finance · Common StockOther 83 208 · 2025-10-27
- Director · Common StockOther 44 445 · 2025-10-08
- Director · Common StockOther 44 445 · 2025-10-08
- Director · Common StockOther 44 445 · 2025-10-08
- Director · Common StockOther 65 000 · 2025-09-29
- Director · Common StockOther 65 000 · 2025-09-29
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -27.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -17.5%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.46xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.63xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 85.1%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -9.7%Derived (calculated)
- Cash & equivalents (annual): USD 3.62MSEC XBRL filing
- Current assets (annual): USD 5.83MSEC XBRL filing
- Total liabilities (annual): USD 13.28MSEC XBRL filing
- Total assets (annual): USD 21.47MSEC XBRL filing
- Current liabilities (annual): USD 4MSEC XBRL filing
- Shareholders' equity (annual): USD 8.16MSEC XBRL filing
- Net margin (FY 2025-09-30): -51.9%Derived (calculated)
- Net income (YoY) (2025-09-30 vs 2024-09-30): -27.6%Derived (calculated)
- Operating income (YoY) (2025-09-30 vs 2024-09-30): -90.1%Derived (calculated)
- Revenue (YoY) (2025-09-30 vs 2024-09-30): -24.2%Derived (calculated)
- EPS (diluted) (YoY) (2025-09-30 vs 2024-09-30): -26.8%Derived (calculated)
- EPS (basic) (YoY) (2025-09-30 vs 2024-09-30): -26.8%Derived (calculated)
- Revenue (annual): USD 13.7MSEC XBRL filing
- Interest expense (annual): USD 7KSEC XBRL filing
- Net income (annual): USD -7.1MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Pre-tax income (annual): USD -7.05MSEC XBRL filing
- Operating income (annual): USD 30KSEC XBRL filing