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Barnwell Industries announces planned chief financial officer transition

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Barnwell Industries announces planned chief financial officer transition

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The latest update is out from Barnwell ( (BRN) ).

On December 30, 2025, Barnwell Industries, Inc. announced that longtime Executive Vice President, Chief Financial Officer, Treasurer, principal financial officer and principal accounting officer Russell M. Gifford will retire effective December 31, 2025. The company said that Executive Vice President-Finance Philip F. Patman, Jr. will succeed Gifford as Chief Financial Officer, Treasurer and principal financial officer, marking a planned senior management transition in the firm’s financial leadership structure.

The most recent analyst rating on (BRN) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Barnwell stock, see the BRN Stock Forecast page.

Spark’s Take on BRN Stock

According to Spark, TipRanks’ AI Analyst, BRN is a Neutral.

Barnwell’s overall stock score reflects significant financial challenges, with declining revenues and profitability being the most impactful factors. Technical analysis provides some short-term positive signals, but valuation remains unattractive due to negative earnings and lack of dividends. Strategic improvements are necessary to enhance financial performance and investor appeal.

To see Spark’s full report on BRN stock, click here.

More about Barnwell

Average Trading Volume: 60,327

Technical Sentiment Signal: Sell

Current Market Cap: $14.17M

For detailed information about BRN stock, go to TipRanks’ Stock Analysis page.

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