Barnwell Industries, Inc. Reports Results for its Fourth Quarter and Year Ended September 30, 2024 [Yahoo! Finance]
Barnwell Industries, Inc. (BRN)
NASDAQ:AMEX Investor Relations:
brninc.com
Company Research
Source: Yahoo! Finance
HONOLULU, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its fourth quarter and year ended September 30, 2024. The Company had revenue of $4,268,000 and a net loss of $1,883,000 or $0.19 per share for the fourth quarter and had revenue of $21,724,000 and a net loss of $5,565,000 or $0.56 per share for the full year. The Company remains debt free and ended the fiscal year with $4,505,000 in cash and cash equivalents and $1,071,000 in working capital. Continuing Optimization Program is Showing Positive Results For the year ended September 30, 2024, production of natural gas and natural gas liquids increased by 6% and 23%, respectively, although natural gas revenues decreased due to lower prices. Oil production remained flat as compared to the prior year. This performance underscores the quality, consistency and long-term viability of Barnwell's Twining and legacy assets. Production operating costs declined by
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News
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. Reports Results for its Fourth Quarter and Year Ended September 30, 2024GlobeNewswire
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Barnwell Industries, Inc. (NYSE: BRN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
BRN
Sec Filings
- 12/17/24 - Form 10-K
- 12/16/24 - Form 8-K
- 12/6/24 - Form SC
- BRN's page on the SEC website