Barnwell Industries, Inc. Provides Update on Its Oil and Gas Operations
Barnwell Industries, Inc. (BRN)
NASDAQ:AMEX Investor Relations:
brninc.com
Company Research
Source: GlobeNewswire
HONOLULU, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) is pleased to provide an update on recent developments with respect to its oil and gas operations. Production volumes are presented as “Boe” (Barrel of oil equivalent at the rate of 5.8 thousand cubic feet of natural gas per barrel of oil or natural gas liquid). Mr. Alexander Kinzler, Chief Executive Officer of Barnwell, commented, “The first quarter of 2020 is proving to be the most exciting in recent memory for the Company as our oil and gas division has made substantial progress implementing our plans to increase production and revenues.” The Company previously identified two horizontal well drilling opportunities that were set to proceed subject to market conditions and contingent on financing. We are pleased to report that due to improved commodity pricing and an asset sale described below we were able to drill and complete both wells without outside financing. In October 2019, we pa
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BRN
News
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) was downgraded by analysts at TheStreet from a "c" rating to a "d+" rating.MarketBeat
BRN
Analyst Actions
- 3/15/24 - TheStreet
BRN
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form SC
- 4/22/24 - Form 4
- BRN's page on the SEC website