Crude Petroleum & Natural Gas · SIC 1311

BARNWELL INDUSTRIES INC

BRN

Watch

Latest revenue

$2.7M

as of 2025-12-31

Latest net income

$-1.4M

as of 2025-12-31

Net margin

-51.9%

as of 2025-12-31

Price · 5Y

-19.3% / yr 33.0 pts / yr vs S&P 500 65.6% total
Compare:

Live market

delayed ≤15 min
$1.11
0.91%
Market cap
$16.0M
Enterprise value
$16.0M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$2.28
52-wk low
$0.92
Beta
Shares out
14.4M

5-year trend

What this company does

AI

ITEM 1. BUSINESS Overview Barnwell was incorporated in Delaware in 1956 and fiscal 2025 represented Barnwell’s 69th year of operations. Barnwell operates in the following two principal business segments: •Oil and Natural Gas Segment - Barnwell engages in oil and natural gas development, production, acquisitions and sales in Canada and in the U.S. •Land Investment Segment - Barnwell owns land interests in the State of Hawaii. Discontinued Operations On March 14, 2025, the Company entered into and completed the sale of its wholly-owned subsidiary, Water Resources International, Inc. (“Water Resources”). Water Resources drills water wells and installs and repairs water pumping systems in the…

AI summary unavailable — showing raw filing excerpt

Generated from BRN's filing dated 2025-12-23

Key risks

AI

ITEM 1A. RISK FACTORS The business of Barnwell and its subsidiaries face numerous risks, including those set forth below or those described elsewhere in this Form 10-K or in Barnwell’s other filings with the SEC. The risks described below are not the only risks that Barnwell faces. If any of the following risk factors should occur, our profitability, financial condition or liquidity could be materially negatively impacted. Entity-Wide Risks The Company faces issues that could impair our ability to continue as a going concern in the future. Our ability to sustain our business in the future will depend on sufficient oil and natural gas operating cash flows which are dependent on oil and…

AI summary unavailable — showing raw filing excerpt

Generated from BRN's filing dated 2025-12-23

Profitability

Net margin

-51.9%

102.4%

Return on equity

-101.4%

137.5%

Return on assets

-34.1%

88.1%

Leverage

Debt / equity

1.97×

45.7%

Long-term debt / equity

0.00×

100.0%

Debt / assets

66.3%

15.4%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q4 2025

2025-12-31

$2.7M-30.2%$-1.4M+25.6%-51.9%

Q3 2025

2025-09-30

$3.0M-53.0%$-2.4M-29.0%-80.9%

Q2 2025

2025-06-30

$3.2M-29.2%$-1.6M-24.4%-48.6%

Q1 2025

2025-03-31

$3.6M-23.7%$-1.2M+31.9%-33.8%

Q4 2024

2024-12-31

$3.9M-36.1%$-1.9M-188.7%-48.7%

Q3 2024

2024-09-30

$6.4M$-1.9M-29.5%

Q2 2024

2024-06-30

$4.5M-20.6%$-1.2M-73.8%-27.7%

Q1 2024

2024-03-31

$4.7M$-1.8M-37.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Crude Petroleum & Natural Gas · SIC 1311

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Insider activity

Insider buying

$183.9K

Insider selling

$361.5K

Net activity

−$177.7K

Distinct insiders

4

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-02-26

Joshua Horowitz

Director

Purchase4,433$1.05$4.7K
2025-12-03

SHERWOOD NED L / MRMP Managers LLC / Ned L. Sherwood Revocable Trust

10%+ owner

Sale131,910$1.10$145.1K
2025-12-02

SHERWOOD NED L / MRMP Managers LLC / Ned L. Sherwood Revocable Trust

10%+ owner

Sale174,587$1.15$200.8K
2025-12-02

SHERWOOD NED L / MRMP Managers LLC / Ned L. Sherwood Revocable Trust

10%+ owner

Sale13,743$1.14$15.7K
2025-11-24

Philip F Patman Jr

Executive VP - Finance

Purchase43,796$1.10$48.2K
2025-11-24

Kenneth S Grossman

Director

Purchase59,563$1.10$65.5K
2025-11-24

Joshua Horowitz

Director

Purchase14,563$1.10$16.0K
2025-11-24

Joshua Horowitz

Director

Purchase45,000$1.10$49.5K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns BRN

Institutional value

$758.3K

Total shares held

702.1K

Distinct holders

9

-10 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC388.1K$419.2KNew
2Accretive Wealth Partners, LLC128.2K$138.5KNew
3BlackRock, Inc.68.1K$73.6K+0 (+0.0%)No change
4JANE STREET GROUP, LLC35.5K$38.4KNew
5DIMENSIONAL FUND ADVISORS LP35.1K$37.9K-18.6K (-34.7%)Trimmed
6VANGUARD FIDUCIARY TRUST CO31.1K$33.5KNew
7LPL Financial LLC16.0K$17.3K+0 (+0.0%)No change
8Caitong International Asset Management Co., Ltd1$1New
9SBI Securities Co., Ltd.1$1+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once BRN's latest filing finishes processing.