Barnwell Industries vs Empire Petroleum
Empire Petroleum is the larger business, with $34.2m of revenue in fiscal 2025 against $13.7m for Barnwell Industries (2.5 times as much). Empire Petroleum grew faster (-21.6% against -24.2%). Barnwell Industries kept more of each dollar of sales as profit: a net margin of -51.9% against -210.7%.
| Latest fiscal year | Barnwell IndustriesBRN, 2025 | Empire PetroleumEP, 2025 |
|---|---|---|
| Revenue | $13.7m | $34.2m |
| Revenue growth | -24.2% | -21.6% |
| Net income | −$7.1m | −$72.1m |
| Operating margin | 0.2% | — |
| Net margin | -51.9% | -210.7% |
| Return on equity | -70.9% | — |
| Free cash flow | −$2.0m | −$4.0m |
| Cash | $2.9m | $1.2m |
| Total debt | $0 | $1.7m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 61 |
| Market value | $12.7m | $89.1m |
| Price vs our value range | — | Above our value range |
| Moat score | 20 (Weak) | 28 (Weak) |
| Insider trades, 12 months | 8 buys, 3 sales | 21 buys, 3 sales |