Login
Companies $BRN
$0.88 +$0.00 (0.34%) Close
Barnwell Industries Inc logo

Barnwell Industries Inc

brninc.com

What Do They Do?

Produces and sells oil, natural gas and natural gas liquids to marketers, and owns land interests in Hawaii.

How Do They Make Money?

Marketers buy oil, natural gas and natural gas liquids under short-term contracts indexed to market prices; the company earns the sale when it delivers the products.

revenue
SegmentShareRevenue
Oil
Sold outright

77%
FY2022: 55%
Natural gas
Sold outright

11%
FY2022: 16%
Natural gas liquids
Sold outright

12%
FY2022: 8.1%
Other
0.6%
FY2022: 0.4%

Who Are Their Customers?

Sells produced oil, natural gas and natural gas liquids directly to marketers under short-term contracts.

Do Revenues Turn Into Profits?

No. It lost $7.1M in FY2025.

Operating income, FY2025
0% of revenue
▼ −90% vs FY2024 ($303K, 2%)
Net income, FY2025
−52% of revenue
▲ +28% (Loss) vs FY2024 (−$5.6M, −31%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Jun 30, 2026
Revenue
▲ +6%
vs $3.2M in Q3 FY2025
Net income
▼ −72% (Loss)
vs −$1.6M in Q3 FY2025
Oil share of revenue before interest income vs 74.3% in Q3 FY2025
  • Sep 15, 2026 Barnwell completed the sale of its remaining Hawaii development interests The closing completed its exit from all known remaining Hawaii real-estate-related interests.

Shrinking. Revenue fell 24% in 4 years, from $18.1M in FY2021 to $13.7M in FY2025, about 7% a year.

Contract drilling exit The older report describes Hawaii well drilling and water-pumping services; the latest report treats Water Resources as discontinued after its sale.

U.S. oil and gas holdings The older report describes oil and gas activity in Oklahoma; the latest adds Texas interests and says the Oklahoma and Texas holdings were sold.

Revenue over time
Oil Natural gas Natural gas liquids Other Drilling and pump Contingent residual payments
$50M$25M$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support