OverviewSuggest Edit

Barnwell Industries, Inc. is involved in the acquisition and development of oil and natural gas properties. The Company is engaged in the following lines of business: acquiring, developing, producing and selling oil and natural gas in Canada (oil and natural gas segment); investing in land interests in Hawaii (land investment segment); drilling wells and installing and repairing water pumping systems in Hawaii (contract drilling segment); and developing homes for sale in Hawaii (residential real estate segment).

TypePublic
Founded1956
HQHonolulu, HI, US
Websitebrninc.com

Latest Updates

Employees (est.) (Dec 2019)42(+40%)
Revenue (FY, 2020)$18.3 M(+52%)
Share Price (May 2021)$2.9(-6%)
Cybersecurity ratingAMore

Key People/Management at Barnwell Industries

Douglas N Woodrum

Douglas N Woodrum

Director
Kevin K. Takata

Kevin K. Takata

Director
Philip J McPherson

Philip J McPherson

Director
Murray C. Gardner

Murray C. Gardner

Director
Kenneth S Grossman

Kenneth S Grossman

Director
Morton H. Kinzler

Morton H. Kinzler

Chairman of the Board, Chief Executive Officer
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Barnwell Industries Office Locations

Barnwell Industries has offices in Honolulu, Waimea and Calgary
Honolulu, HI, US (HQ)
1100 Alakea St STE 2900
Calgary, CA
2410 500 4 Ave SW
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Barnwell Industries Financials and Metrics

Barnwell Industries Revenue

Barnwell Industries's revenue was reported to be $18.35 m in FY, 2020
USD

Revenue (Q1, 2021)

4.4m

Net income (Q1, 2021)

743.0k

Market capitalization (7-May-2021)

24.1m

Closing stock price (7-May-2021)

2.9

Cash (31-Dec-2020)

5.3m

EV

19.1m
Barnwell Industries's current market capitalization is $24.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

38.5m34.0m24.6m28.0m17.5m13.2m12.9m9.4m12.1m18.3m

Revenue growth, %

28%(44%)(24%)

Cost of goods sold

3.9m3.0m2.2m5.0m3.7m2.1m3.2m3.7m

Gross profit

34.6m31.0m22.3m23.0m13.8m11.1m9.7m5.7m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

9.0m8.5m7.2m12.4m6.5m6.8m5.2m7.2m7.8m6.8m6.0m3.5m5.2m1.9m1.5m8.2m4.3m3.0m1.3m1.8m1.9m3.1m2.6m3.0m3.4m4.9m4.6m4.0m4.4m

Cost of goods sold

833.0k637.0k460.0k1.1m608.0k653.0k367.0k1.3m1.1m1.3m1.5m472.0k815.0k550.0k618.0k263.0k1.2m850.0k593.0k821.0k883.0k1.1m1.3m1.2m

Gross profit

8.2m7.9m6.7m11.3m5.9m6.1m4.8m5.9m6.7m5.5m4.5m3.0m4.4m1.3m884.0k7.9m3.1m2.2m726.0k1.0m1.0m2.0m1.3m1.7m

Gross profit Margin, %

91%93%94%91%91%90%93%82%86%81%75%86%84%70%59%97%73%72%55%55%54%66%49%58%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

9.8m8.8m7.8m16.1m8.5m15.6m16.3m6.0m4.6m4.6m

Accounts Receivable

5.8m3.6m3.3m2.9m2.3m1.4m2.0m1.9m2.2m

Prepaid Expenses

298.0k361.0k230.0k221.0k1.1m852.0k950.0k1.8m

Inventories

Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

205.0k(11.0m)(8.7m)1.3m1.8m(2.9m)2.3m(1.4m)(12.4m)(4.7m)

Depreciation and Amortization

10.1m11.0m8.5m6.4m3.4m1.6m1.2m1.1m3.0m2.1m

Accounts Payable

(214.0k)

Cash From Operating Activities

13.3m11.5m3.2m5.6m(7.1m)1.8m(2.1m)(5.1m)(2.1m)750.0k
USDQ3, 2011

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.3 x
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Barnwell Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Barnwell Industries Online and Social Media Presence

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Barnwell Industries News and Updates

Barnwell Industries, Inc. Reports Earnings for Its First Quarter Ended December 31, 2020

HONOLULU, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported net earnings of $584,000, $0.07 per share, for the three months ended December 31, 2020, as compared to a net loss of $414,000, $0.05 per share, for the three months ended December 31, 2019.

Barnwell Industries Reaches Agreement With MRMP Stockholders to End Potential Proxy Contest

Agrees to Designated Slate of Directors for Election at 2021 Annual Meeting of Stockholders Agrees to Designated Slate of Directors for Election at 2021 Annual Meeting of Stockholders

Barnwell Industries, Inc. Reports Receipt of Notice of Nominations and Formation of Special Committee; Provides Business Update

HONOLULU, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell”, the “Company”) announced today that it has received notice of director nominations for election at the 2021 annual meeting of stockholders (the “2021 Annual Meeting”) from Ned L. Sherwood, Bradl…

Barnwell Industries, Inc. Reports Results For The Third Quarter And Nine Months Ended June 30, 2020

HONOLULU, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported a net loss of $3,456,000, or $0.42 per share, and $5,384,000, or $0.65 per share, for the three and nine months ended June 30, 2020, respectively, as compared to a net loss of $1,365,000, $0.1…

Barnwell Industries, Inc. Reports Results for the Second Quarter and Six Months Ended March 31, 2020

HONOLULU, June 23, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported losses of $1,514,000, $0.18 per share, and $1,928,000, $0.23 per share, for the three and six months ended March 31, 2020, respectively, as compared to net losses of $2,125,000, $0.26 per shar…

Leading Proxy Advisor Glass Lewis Recommends Barnwell Industries, Inc. Stockholders Vote FOR Company’s Entire Slate of Experienced Director Nominees on WHITE Proxy Card

Dissident Stockholders’ Plan “Lacks Key Details” and Dissident Nominees “Largely Lacking … Industry-Specific Expertise” Dissident Stockholders’ Plan “Lacks Key Details” and Dissident Nominees “Largely Lacking … Industry-Specific Expertise”
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Barnwell Industries Frequently Asked Questions

  • When was Barnwell Industries founded?

    Barnwell Industries was founded in 1956.

  • Who are Barnwell Industries key executives?

    Barnwell Industries's key executives are Douglas N Woodrum, Kevin K. Takata and Philip J McPherson.

  • How many employees does Barnwell Industries have?

    Barnwell Industries has 42 employees.

  • What is Barnwell Industries revenue?

    Latest Barnwell Industries annual revenue is $18.3 m.

  • What is Barnwell Industries revenue per employee?

    Latest Barnwell Industries revenue per employee is $436.8 k.

  • Who are Barnwell Industries competitors?

    Competitors of Barnwell Industries include Carnarvon Petroleum, Pioneer Natural Resources and Eagle Energy Exploration.

  • Where is Barnwell Industries headquarters?

    Barnwell Industries headquarters is located at 1100 Alakea St STE 2900, Honolulu.

  • Where are Barnwell Industries offices?

    Barnwell Industries has offices in Honolulu, Waimea and Calgary.

  • How many offices does Barnwell Industries have?

    Barnwell Industries has 3 offices.