Barnwell Industries, Inc. Reports Year-End and Fourth Quarter Results
Barnwell Industries, Inc. (BRN)
NASDAQ:AMEX Investor Relations:
brninc.com
Company Research
Source: GlobeNewswire
HONOLULU, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported a net loss of $12,414,000, $1.50 per share, for the year ended September 30, 2019, as compared to a net loss of $1,770,000, $0.21 per share, for the year ended September 30, 2018. For the quarter ended September 30, 2019, Barnwell reported a net loss of $4,324,000, $0.52 per share, as compared to a net loss of $1,058,000, $0.13 per share, for the quarter ended September 30, 2018. Mr. Alexander Kinzler, Chief Executive Officer of Barnwell, commented, “The increase in the loss for the year ended September 30, 2019 as compared to the year ended September 30, 2018 was primarily due to the following factors: a $5,710,000 non-cash impairment of our oil and gas properties during the current year due to lower commodity prices in 2019 as compared to 2018; a $2,255,000 gain recognized last year primarily from the sale of oil properties in the Red Earth area; a $1,443,000 decrease in l
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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
- 10/28/24 - Form 4
- 10/28/24 - Form 4
- 10/28/24 - Form 4
- BRN's page on the SEC website