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Barnwell Industries Inc (BRN) stock

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NYSE: BRN NYSE Oil & Gas Exploration & Production Next results ~November 10, 2026

Barnwell Industries Inc is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Barnwell Industries Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 1 selling8 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds9 adding, 9 cuttingOf 2 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Barnwell Industries files

Where Barnwell Industries stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $12m, down 19.1% on a year earlier, a smaller fall than the 27.1% decline a quarter earlier. Free-cash-flow margin fell to -51.9% from -23.2% a year earlier. The diluted share count is up 19.8% on a year earlier, which dilutes existing holders. It passes 1 of our 2 financial-health checks.

Our model value for Barnwell Industries is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 10, 2026 (estimated)

Barnwell Industries Inc's trailing-twelve-month revenue fell 19.1% year on year, with a free-cash-flow margin of -51.9%.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 80.8% while net income grew 17.0%: a 98pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Results due soon. Results are expected around 10 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 19.1% over the last 12 months.
  • Burning cash. Free cash flow was -51.9% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 19.8% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of -0.3 against the S&P 500.

Latest results: FY2026 Q3

Filed August 11, 2026
Revenue
$3m, up 5.9% on a year earlier
Share reaction
-1.0% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500

Barnwell Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.3%
  • 1 week+1.1%
  • 1 month-9.2%
  • This year-19.8%
  • 1 year-32.1%
  • 5 years-64.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$11.7M
Operating margin
2.2%
Net margin
-46.7%
EPS (TTM, diluted)
$-0.45

Growth

Revenue growth
−19.1%
Change in growth rate
+7.9 pts
Share count change
+19.8%

Cash

Free cash flow (TTM)
-$6.1M
FCF margin
-51.9%
Stock pay % of revenue
3.1%

Earnings

Last results
August 12, 2026
Next results (est.)
November 10, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Announcement
  4. Deal
  5. Results
  6. Agreement
  7. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Barnwell Industries Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Barnwell Industries Inc as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.48 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Book value (net assets) Net assets per share: the value if returns just equal the cost of equity. ~$0.6 Primary model, counts double
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Barnwell Industries Inc with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$1.60$1.75$1.73$0.51$0.83$2.95$2.58$2.64$2.26$1.30$0.89
Market value$13m$14m$14m$4m$7m$25m$25m$26m$23m$13m$11m
+ Net debt (− = net cash)−$16m−$16m−$6m−$5m−$5m−$11m−$13m−$3m−$4m−$3m−$4m
Enterprise value−$2m−$2m$8m−$426412$2m$14m$12m$23m$18m$10m$6m
Multiples
Price / sales 1.0x1.1x1.5x0.3x0.4x1.4x0.9x1.0x1.3x1.0x0.9x
Price / earnings —12.4x———4.0x4.6x————
Price / free cash flow 17.2x———————47.0x——
EV / EBITDA n/mn/m1.7x—0.8x1.9x0.9x2.4x3.5x3.2x2.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

20 /100

Weak moat

How hard Barnwell Industries's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -7.5% of total assets over 10 years.

  • Durability 4 / 20

    Operating margin has been a median 15.7%; its worst year was -29.0%.

  • Cash conversion 2 / 20

    Free cash flow was positive in 2 of 10 years, at a median -15.6% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 44.8% over five years; stock-based pay has been a median 1.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Barnwell Industries Inc: too few analysts cover it.

Management guidance

Earnings release, August 12, 2026

No numeric guidance in Barnwell Industries Inc's latest earnings release (filed August 12, 2026). Some companies give their outlook only on the earnings call.

Positioning

Short interest
1.0%
of tradable shares
Days to cover
0.21
at average volume
Short interest, 1 month
+91%
to October 15, 2026
Held by institutions
23%
of shares
Held by insiders
45.6%
of shares
Employees
16
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −32.1%

$1.31 on October 31, 2025 to $0.89

ThenNowEffect
Revenue (last 12 months) $14m $12m −19.1%
P/S multiple 0.9x 0.9x +0.6%
Share count 10m 12m −16.5%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years −64.8%

$2.53 on November 3, 2023 to $0.89

ThenNowEffect
Revenue (last 12 months) $27m $12m −56.5%
P/S multiple 0.9x 0.9x −2.3%
Share count 10m 12m −17.2%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BRN+129%+3%−17%−38%−27%−20%
Industry peers (median)+86%+55%−8%+2%−15%+18%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BRN50%42%25%33%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BRN−64%−55%−35%−52%−47%−33%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 88% from January 22, 2018 to March 30, 2020. Getting back needed a 734% gain, reached on January 28, 2021, 304 days after the low.

Price behaviour

52-week range
$0.87 – $1.29
From 52-week high
−31.0%
vs 50-day average
−6.3%
vs 200-day average
−14.5%
Volatility (1 year)
56%
Beta vs S&P 500
-0.33

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±3.6%
After a week
6 up, 6 down
typical move ±6.9%
After a month
7 up, 5 down
typical move ±8.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 −1.0% +0.9% 0.0% +7.2%
May 26, 2026 −2.7% +0.6% −2.7% −7.2%
February 23, 2026 0.0% −0.3% +27.7% +14.9%
December 19, 2025 +8.5% +1.5% +6.6% +3.8%
August 14, 2025 −2.6% −0.2% −0.9% −0.9%
May 15, 2025 −3.2% +1.1% +2.4% +49.2%
February 14, 2025 −3.4% +0.3% −8.0% −2.8%
December 16, 2024 −9.1% 0.0% −9.8% +0.6%
August 13, 2024 +4.0% +2.0% +0.9% −1.3%
May 14, 2024 +1.9% +1.7% +8.3% −2.6%
February 12, 2024 −4.8% −1.4% −4.8% +2.6%
December 18, 2023 −1.4% +1.2% +10.9% +13.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Barnwell Industries Inc
$10M $15M $20M $25M $30M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $25.3M Revenue (TTM), FY24 Q1: $23.9M Revenue (TTM), FY24 Q2: $23.4M Revenue (TTM), FY24 Q3: $22.2M Revenue (TTM), FY24 Q4: $19.1M Revenue (TTM), FY25 Q1: $16.8M Revenue (TTM), FY25 Q2: $15.7M Revenue (TTM), FY25 Q3: $14.4M Revenue (TTM), FY25 Q4: $13.7M Revenue (TTM), FY26 Q1: $12.5M Revenue (TTM), FY26 Q2: $11.5M Revenue (TTM), FY26 Q3: $11.7M $11.7M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $25.3M
FY24 Q1 $23.9M
FY24 Q2 $23.4M
FY24 Q3 $22.2M
FY24 Q4 $19.1M
FY25 Q1 $16.8M
FY25 Q2 $15.7M
FY25 Q3 $14.4M
FY25 Q4 $13.7M
FY26 Q1 $12.5M
FY26 Q2 $11.5M
FY26 Q3 $11.7M
Revenue growth, TTM YoY Barnwell Industries Inc
-40% -30% -20% -10% 0% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -11.5% Revenue growth, TTM YoY, FY24 Q1: -21.9% Revenue growth, TTM YoY, FY24 Q2: -19.9% Revenue growth, TTM YoY, FY24 Q3: -17.3% Revenue growth, TTM YoY, FY24 Q4: -24.5% Revenue growth, TTM YoY, FY25 Q1: -29.5% Revenue growth, TTM YoY, FY25 Q2: -32.6% Revenue growth, TTM YoY, FY25 Q3: -35.0% Revenue growth, TTM YoY, FY25 Q4: -28.2% Revenue growth, TTM YoY, FY26 Q1: -25.7% Revenue growth, TTM YoY, FY26 Q2: -27.1% Revenue growth, TTM YoY, FY26 Q3: -19.1% -19.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -11.5%
FY24 Q1 -21.9%
FY24 Q2 -19.9%
FY24 Q3 -17.3%
FY24 Q4 -24.5%
FY25 Q1 -29.5%
FY25 Q2 -32.6%
FY25 Q3 -35.0%
FY25 Q4 -28.2%
FY26 Q1 -25.7%
FY26 Q2 -27.1%
FY26 Q3 -19.1%
Operating margin (TTM) Barnwell Industries Inc
-10% 0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 20.5% Operating margin (TTM), FY24 Q1: 12.3% Operating margin (TTM), FY24 Q2: 6.3% Operating margin (TTM), FY24 Q3: 6.9% Operating margin (TTM), FY24 Q4: 0.4% Operating margin (TTM), FY25 Q1: -4.1% Operating margin (TTM), FY25 Q2: 4.8% Operating margin (TTM), FY25 Q3: 3.2% Operating margin (TTM), FY25 Q4: 0.2% Operating margin (TTM), FY26 Q1: 1.6% Operating margin (TTM), FY26 Q2: -4.2% Operating margin (TTM), FY26 Q3: 2.2% 2.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 20.5%
FY24 Q1 12.3%
FY24 Q2 6.3%
FY24 Q3 6.9%
FY24 Q4 0.4%
FY25 Q1 -4.1%
FY25 Q2 4.8%
FY25 Q3 3.2%
FY25 Q4 0.2%
FY26 Q1 1.6%
FY26 Q2 -4.2%
FY26 Q3 2.2%
FCF margin (TTM) Barnwell Industries Inc
-60% -40% -20% 0% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -41.9% FCF margin (TTM), FY24 Q1: -11.3% FCF margin (TTM), FY24 Q2: -9.6% FCF margin (TTM), FY24 Q3: -1.9% FCF margin (TTM), FY24 Q4: -1.5% FCF margin (TTM), FY25 Q1: -10.8% FCF margin (TTM), FY25 Q2: -14.1% FCF margin (TTM), FY25 Q3: -23.2% FCF margin (TTM), FY25 Q4: -35.9% FCF margin (TTM), FY26 Q1: -44.9% FCF margin (TTM), FY26 Q2: -52.1% FCF margin (TTM), FY26 Q3: -51.9% -51.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -41.9%
FY24 Q1 -11.3%
FY24 Q2 -9.6%
FY24 Q3 -1.9%
FY24 Q4 -1.5%
FY25 Q1 -10.8%
FY25 Q2 -14.1%
FY25 Q3 -23.2%
FY25 Q4 -35.9%
FY26 Q1 -44.9%
FY26 Q2 -52.1%
FY26 Q3 -51.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 42 38 34 25 31 18 14 13 9 12 18 18 29 25 18 14 12
Gross profit — — — — — — — 10 6 — — — — — — — —
EBITDA — 22 8 8 14 14 2 7 5 −4 3 7 14 10 5 3 3
Operating income — 12 −3 −1 8 10 1 6 4 −7 1 6 12 5 0 0 0
Net income 4 −0 −10 −9 1 1 −4 1 −2 −12 −5 6 6 −1 −6 −7 −5
Diluted EPS $0.46 −$0.01 −$1.22 −$1.03 $0.08 $0.15 −$0.44 $0.14 −$0.21 −$1.50 −$0.57 $0.73 $0.57 −$0.10 −$0.56 −$0.71 −$0.45
Growth (year on year)
Revenue — −8.1% −11.4% −27.8% +27.8% −44.2% −22.3% −4.4% −28.1% +28.9% +51.9% −1.3% +57.6% −11.5% −28.5% −24.2% −19.1%
EBITDA — — −63.6% −1.8% +79.9% −3.6% −84.2% +228.1% −29.4% −178.0% — +149.8% +97.2% −33.2% −45.5% −39.5% −31.9%
Operating income — — −125.7% — — +32.8% −94.7% +978.8% −33.9% −278.7% — +714.5% +83.3% −55.5% −94.1% — −44.4%
Net income — −102.8% — — — +87.9% −386.2% — −251.2% — — — −11.8% −117.4% — — —
Diluted EPS — −102.2% — — — +87.5% −393.3% — −250.0% — — — −21.9% −117.5% — — —
Margins
Gross margin — — — — — — — 75.2% 61.0% — — — — — — — —
EBITDA margin — 57.0% 23.4% 31.8% 44.8% 77.4% 15.8% 54.1% 53.1% −32.2% 15.9% 40.3% 50.5% 38.1% 29.1% 23.2% 22.3%
Operating margin — 30.6% −8.9% −2.9% 24.4% 58.2% 4.0% 44.9% 41.3% −57.2% 4.2% 35.0% 40.7% 20.5% 1.7% 0.2% 2.2%
Net margin 9.2% −0.3% −29.8% −34.8% 2.1% 7.2% −26.5% 9.0% −18.9% −102.8% −25.9% 34.5% 19.3% −3.8% −30.8% −51.9% −46.7%
Free-cash-flow margin 5.8% −5.3% 13.5% −3.8% 6.3% −50.4% 5.7% −22.5% −62.4% −28.5% −15.1% −12.5% −22.8% −41.9% 2.7% −14.8% −31.8%
Cash flow
Cash from operations 7 13 11 3 6 −7 2 −2 −5 −2 1 1 7 2 5 −2 −4
Capital spending 5 15 7 4 4 2 1 1 1 1 4 3 14 13 4 0 0
Free cash flow 2 −2 5 −1 2 −9 1 −3 −6 −3 −3 −2 −7 −11 0 −2 −4
Stock-based pay 0 0 −0 −0 −0 −0 −0 0 −0 −0 0 1 1 0 0 0 0
Free cash flow after stock pay 2 −2 5 −1 2 −9 1 −3 −6 −3 −3 −3 −7 −11 0 −2 −4
Balance sheet
Cash 11 10 9 8 16 8 16 16 6 5 5 11 13 3 4 3 4
Total debt 26 24 17 17 11 3 — 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) 15 14 8 9 −5 −5 −16 −16 −6 −5 −5 −11 −13 −3 −4 −3 −4
Diluted shares 8m 8m 8m 8m 8m 8m 8m 8m 8m 8m 8m 9m 10m 10m 10m 10m 12m
Returned to shareholders
Dividends — — — — — — — — — — — 0 0 1 0 — —
Total returned — — — — — — — — — — — 0 0 1 0 — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 2 checks passed · June 30, 2026
What it owns · $21m
Short-term assets $6mLonger-term assets $15m
What it owes, and who funded it · $21m
Short-term liabilities $3mLonger-term liabilities $9mShareholders' equity $9m
  • Short-term assets cover short-term liabilities $6m of assets due within a year against $3m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $6m short-term assets against $9m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Barnwell Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+19.8%
year over year
Days sales outstanding
32 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Last 12 months unless stated BRN BSIN MXC EP KGEI INDO Median
Revenue, last 12 months $12m $7m $7m $31m $57m $2m $1.3bn
Revenue growth, last 12 months −19.1% −48.7% −6.1% −20.8% −2.1% −24.6% 10.1%
Revenue growth, 3-year average −24.2% −43.7% −8.7% −11.3% — — 1.4%
Revenue growth, latest quarter 5.9% 5.2% 12.9% 8.6% — — 31.2%
Operating margin 2.2% −153.7% 22.4% −224.1% — −227.5% 19.9%
Operating margin, 3-year average 4.1% −162.7% 23.4% −99.0% — −172.7% 15.8%
Net margin −46.7% −155.3% 23.3% −229.6% 27.0% −253.2% 9.9%
Cash from operations / revenue −31.8% −62.1% 57.5% −19.8% 72.3% −270.0% 42.1%
Free-cash-flow margin −51.9% −63.4% −10.3% −20.2% −36.8% −272.3% 18.9%
Free-cash-flow margin, 3-year average −25.7% −28.9% 5.4% −36.5% — — 18.6%
Stock pay / revenue 3.1% 28.4% 2.4% 2.6% 3.0% 46.0% 1.5%
Change in share count 19.8% 33.7% −0.5% 24.7% 0.4% 27.5% 0.5%

Median of all 58 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to September 30, 2025
Segments
Line of business Revenue Share YoY
Oil and Natural Gas $13.6M 99.0% ▼ 22.0%
All Other Segments $134,000 1.0% ▼ 25.1%
Land Investment $0 0.0% ▼ 100.0%
Products and services
Line of business Revenue Share YoY
Oil Reserves $10.5M 76.8% ▼ 22.5%
Natural Gas Liquids Reserves $1.6M 11.6% ▼ 15.5%
Natural Gas Reserves $1.5M 11.0% ▼ 25.3%
Gas Processing and Other $80,000 0.6% ▼ 12.1%
Geography
Region Revenue Share YoY
Canada $12.5M 91.4% ▼ 17.9%
United States $1.2M 8.6% ▼ 58.2%

From Barnwell Industries Inc's 10-K filed December 23, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.1M
Institutions reporting
22
Shares held vs prior quarter
▲ 17.8%
Positions opened / closed
6 / 4

Top buyers and sellers, Q2 2026: 9 institutions bought and 9 sold ; the biggest buyer was Jcp Investment Management, LLC (+315K shares) and the biggest seller Renaissance Technologies LLC (−49K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Jcp Investment Management, LLC $731,792 725K 34.1% ▲ 77.1%
Vanguard Capital Management LLC $366,606 363K 17.1% ▼ 6.5%
Renaissance Technologies LLC $277,066 274K 12.9% ▼ 15.3%
Accretive Wealth Partners, LLC $125,041 124K 5.8% ▼ 3.4%
Cwa Asset Management Group, LLC $101,000 100K 4.7% New
Aspen Grove Capital, LLC $90,900 90K 4.2% ▲ 12.8%
Bridgeway Capital Management, LLC $85,793 85K 4.0% 0.0%
Two Sigma Investments, LP $84,625 84K 3.9% New
Blackrock, Inc. $68,801 68K 3.2% 0.0%
Geode Capital Management, LLC $53,034 52K 2.5% ▼ 36.9%
Empowered Funds, LLC $50,443 50K 2.4% 0.0%
Vanguard Fiduciary Trust Co $31,369 31K 1.5% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Barnwell Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $201,303 8 trades by 3 insiders, last 12 months Insider sales History → $361,544 3 trades by 1 insider · 0% under pre-set plans
Net ▼ $160,241 net selling
Insider Date Trade Shares Price Value
Patman Philip F Jr CFO and Treasurer September 9, 2026 Buy 1,737 $1.00 $1,737
Patman Philip F Jr CFO and Treasurer September 8, 2026 Buy 5,219 $1.00 $5,219
Horowitz Joshua Director September 8, 2026 Buy 10,478 $1.00 $10,478
Horowitz Joshua Director February 26, 2026 Buy 4,433 $1.05 $4,655
Sherwood Ned L 10% owner December 3, 2025 Sell 131,910 $1.10 $145,101
Sherwood Ned L 10% owner December 2, 2025 Sell 13,743 $1.14 $15,667
Sherwood Ned L 10% owner December 2, 2025 Sell 174,587 $1.15 $200,776
Horowitz Joshua Director November 24, 2025 Buy 45,000 $1.10 $49,500
Horowitz Joshua Director November 24, 2025 Buy 14,563 $1.10 $16,019
Grossman Kenneth S Director November 24, 2025 Buy 59,563 $1.10 $65,519
Patman Philip F Jr Executive VP - Finance November 24, 2025 Buy 43,796 $1.10 $48,176

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 10, 2026 estimated from the company's past filing pattern, not announced

  • August 12, 2026
  • May 26, 2026
  • February 23, 2026
  • December 19, 2025
  • August 14, 2025
  • May 15, 2025

Recent SEC filings

Data status

When each part of this page on Barnwell Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Barnwell Industries Inc in brief

What does Barnwell Industries Inc do?
Barnwell Industries Inc is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in September.
What is Barnwell Industries Inc's stock ticker?
Barnwell Industries Inc trades under the ticker BRN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Barnwell Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Barnwell Industries Inc reported revenue of $11.7M, 19.1% lower than a year earlier, according to its SEC filings.
What is Barnwell Industries Inc's free cash flow?
Barnwell Industries Inc's free-cash-flow margin is -51.9% of revenue over the trailing twelve months.
Who are Barnwell Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Jcp Investment Management, LLC, Vanguard Capital Management LLC and Renaissance Technologies LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Barnwell Industries Inc's market cap?
On November 2, 2026, Barnwell Industries Inc's market capitalisation was about $10.7M and net debt of -$4.5M. Market figures come from third-party market data and may be delayed.
Who are Barnwell Industries Inc's competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Barnwell Industries Inc are BIG SKY Industrial Inc., Mexco Energy Corp, Empire Petroleum Corp, Kolibri Global Energy Inc. and Indonesia Energy Corp Ltd. The side-by-side comparison below sets their revenue, margins and growth against Barnwell Industries Inc's.
Are insiders buying or selling Barnwell Industries Inc stock?
Over the last 12 months, Barnwell Industries Inc's directors and officers reported 8 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Barnwell Industries Inc's next earnings date?
Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Barnwell Industries Inc announces its own schedule.