Barnwell Industries, Inc. Reports Results for its Third Quarter Ended June 30, 2024
Barnwell Industries, Inc. (BRN)
NASDAQ:AMEX Investor Relations:
brninc.com
Company Research
Source: GlobeNewswire
Twining Drilling Program is Underway While Optimization InvestmentsMaintain Production and Reduce Operating Costs HONOLULU, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its third fiscal quarter ended June 30, 2024. For the quarter, the Company had revenue of $5,527,000 and a net loss of $1,246,000 or $0.12 per share. In the three months ended June 30, 2023, the Company reported quarterly revenue of $5,675,000 and a net loss of $717,000 or $0.07 per share. The Company remains debt free and ended the quarter with $3,292,000 in working capital, including $4,393,000 in cash and cash equivalents. Continuing Optimization Program is Showing Positive Results Corporate oil and gas production for the current quarter has remained level to the quarter a year ago without any new drilling activity or acquisitions. Production operating costs declined by $772,000, or 26%, from $3,006,000 in the three months ended June 30, 2
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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. (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
- 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
- 8/29/24 - Form 4
- 8/23/24 - Form 4
- 8/13/24 - Form 8-K
- BRN's page on the SEC website