Barnwell Industries, Inc. Reports First Quarter Results
Barnwell Industries, Inc. (BRN)
NASDAQ:AMEX Investor Relations:
brninc.com
Company Research
Source: GlobeNewswire
Meaningful Production Increases Across all ProductsContinued Reduction in General and Administrative Expenses HONOLULU, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for the first quarter ended December 31, 2023. The Company posted quarterly revenue of $6,155,000 and a net loss of $664,000, or $0.07 per share. In the three months ended December 31, 2022, the Company had quarterly revenue of $7,511,000 and net earnings of $1,089,000, or $0.11 per share. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “Our loss for the quarter was the result of a decline in prices of all products; oil, natural gas, and natural gas liquids which decreased 7%, 57%, and 34%, respectively, as compared to the prior year period, together with a decline in land investment results where our equity in income from affiliates declined $538,000. Additionally, in last year’s first quarter, our contract drilling segment
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News
- Barnwell Industries, Inc. Reports Results for its Second Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Barnwell Industries, Inc. Reports Results for its Second Quarter Ended March 31, 2024GlobeNewswire
- 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
BRN
Analyst Actions
- 3/15/24 - TheStreet
BRN
Sec Filings
- 5/16/24 - Form 3
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 8-K
- BRN's page on the SEC website