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Barnwell (BRN)
:BRN
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Barnwell
(NYSE MKT:BRN)
39Underperform
Barnwell (BRN) vs. S&P 500 (SPY)
Market Cap
$16.29M
Dividend YieldN/A
Average Volume (3M)19.71K
Price to Earnings (P/E)―
Beta (1Y)0.26
Revenue Growth-18.26%
EPS Growth-149.71%
CountryUS
Employees27
SectorEnergy
Sector Strength87
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.68
Shares Outstanding10,053,534
10 Day Avg. Volume13,621
30 Day Avg. Volume19,713
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.84
Price to Cash Flow (P/CF)-5.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Barnwell Business Overview & Revenue Model
Company DescriptionBarnwell Industries, Inc. (BRN) is a publicly traded company engaged primarily in two sectors: oil and gas exploration and development, and real estate. The company operates within the United States and Canada, focusing on acquiring, developing, and producing oil and natural gas properties. Additionally, Barnwell has interests in land investment and real estate development, particularly in Hawaii, where it is involved in the sale and management of residential properties.
How the Company Makes MoneyBarnwell Industries generates revenue through its operations in the oil and gas sector by producing and selling crude oil, natural gas, and natural gas liquids. Revenue is earned from the sales of these resources, which are extracted from Barnwell's various properties. In the real estate sector, Barnwell earns money through the development and sale of residential lots and properties, primarily in Hawaii. Additionally, the company may receive income from joint venture investments and the leasing of its real estate holdings. These diverse revenue streams are supported by strategic acquisitions and partnerships that enhance Barnwell's ability to explore and develop its resources effectively.
Barnwell Financial Statement Overview
Summary
Barnwell is facing financial challenges with declining revenues and significant net losses impacting profitability. While the balance sheet shows low leverage and a stable equity base, the company's ability to generate consistent free cash flow is a concern.Income Statement
Barnwell's income statement reveals a challenging environment with declining revenues and profitability. The TTM data shows a gross profit margin of 7.31%, which is relatively low, and a net profit margin of -45.25%, indicating significant losses. The revenue has been decreasing over the recent periods, with a noticeable decline from $28.5 million in 2022 to $15.1 million in the latest TTM. EBIT and EBITDA margins are also negative, reflecting operational difficulties.35
Negative
Balance Sheet
Barnwell's balance sheet shows a moderate financial position with a debt-to-equity ratio of 0.01, indicating low leverage, which is a positive aspect. The equity ratio stands at 43.38%, suggesting a stable asset base supported by equity. However, the declining stockholders' equity and total assets over recent periods suggest potential concerns regarding asset management and shareholder value.60
Neutral
Cash Flow
The company's cash flow statement indicates some positive aspects, such as a positive operating cash flow of $2.58 million in TTM, but free cash flow is minimal at $0.068 million. The free cash flow to net income ratio is positive, reflecting operational cash generation despite net losses. However, the free cash flow growth is inconsistent, which could impact future capital investments.50
Neutral
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 19.55M | 21.72M | 25.27M | 28.55M | 18.11M | 18.35M | Gross Profit |
| 1.44M | 2.29M | 4.71M | 11.74M | 5.04M | 3.84M | EBIT |
| -3.62M | -5.35M | -2.25M | 7.09M | 3.74M | -1.63M | EBITDA |
| -1.69M | -10.00K | 4.40M | 10.06M | 9.09M | -1.96M | Net Income Common Stockholders |
| -6.82M | -5.57M | -961.00K | 5.51M | 6.25M | -4.68M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.96M | 4.50M | 2.83M | 12.80M | 11.28M | 4.58M | Total Assets |
| 26.01M | 30.67M | 35.42M | 37.22M | 24.43M | 15.18M | Total Debt |
| 122.00K | 7.00K | 47.00K | 161.00K | 227.00K | 312.00K | Net Debt |
| -1.83M | -4.50M | -2.78M | -12.64M | -11.05M | -4.27M | Total Liabilities |
| 14.71M | 17.61M | 16.66M | 18.05M | 14.93M | 17.14M | Stockholders Equity |
| 11.29M | 13.04M | 18.74M | 19.14M | 9.50M | -2.04M |
| Cash Flow | Free Cash Flow | ||||
| 68.00K | 4.71M | -9.69M | -2.93M | -1.10M | -2.38M | Operating Cash Flow |
| 2.58M | 4.71M | 1.94M | 7.29M | 831.00K | 750.00K | Investing Cash Flow |
| -3.48M | -2.83M | -11.18M | -7.11M | 3.69M | -833.00K | Financing Cash Flow |
| -222.00K | -226.00K | -786.00K | 1.56M | 2.19M | 60.00K |
Barnwell Technical Analysis
Negative
1.62
Price Trends
1.69
Negative
1.67
Negative
1.97
Negative
Market Momentum
<0.01
Negative
48.11
Neutral
37.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRN, the sentiment is Negative. The current price of 1.62 is above the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.69, and below the 200-day MA of 1.97, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.11 is Neutral, neither overbought nor oversold. The STOCH value of 37.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRN.
Barnwell Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Performance Comparison
BRN
Barnwell
1.62
-0.79
-32.78%
MTRX
Matrix Service Company
12.53
-0.44
-3.39%
SJT
San Juan Basin Royalty
5.54
0.10
1.84%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.