Want to see BRN full AI Analyst Report?
Top Page
Barnwell
(BRN)
Select Model
Select Model
Rating:45Neutral
Price Target:
$1.00
▲(5.26% Upside)
Action:Reiterated
Date:08/05/26
The score is held down primarily by weak financial performance—sharp TTM profitability deterioration and negative operating/free cash flow—despite a low-debt balance sheet. Technicals are neutral-to-weak (below key longer-term moving averages with slightly negative MACD), and valuation is constrained by losses (negative P/E). Corporate events provide a small offset via portfolio simplification and cash proceeds, but do not outweigh the core earnings and cash-flow pressure.
Positive Factors
Low leverage / balance sheet strength
Very low debt reduces refinancing and interest-rate risk, giving Barnwell structural financial flexibility. That balance-sheet headroom supports surviving commodity downturns, funding opportunistic investments or acquisitions, and provides resilience over the next several months if operational cash remains weak.
Negative Factors
Sharp revenue decline and deep losses
A large revenue decline and very negative margins indicate the current cost base is not covered by operations. This structural earnings weakness erodes equity and return metrics, signaling that without sustainable production or cost improvements the company faces persistent profitability pressure over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet strength
Very low debt reduces refinancing and interest-rate risk, giving Barnwell structural financial flexibility. That balance-sheet headroom supports surviving commodity downturns, funding opportunistic investments or acquisitions, and provides resilience over the next several months if operational cash remains weak.
Read all positive factors
Barnwell Key Performance Indicators (KPIs)
Barnwell (BRN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$14.83M
Dividend YieldN/A
Average Volume (3M)33.68K
Price to Earnings (P/E)―
Beta (1Y)-0.17
Revenue Growth-36.07%
EPS Growth1.03%
CountryUS
Employees18
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.61
Shares Outstanding14,395,560
10 Day Avg. Volume27,649
30 Day Avg. Volume33,684
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)1.87
Price to Sales (P/S)0.95
P/FCF Ratio-2.65
Enterprise Value/Market Cap0.49
Enterprise Value/Revenue0.63
Enterprise Value/Gross Profit16.61
Enterprise Value/Ebitda-1.87
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Barnwell Business Overview & Revenue Model
Company Description
Barnwell Industries, Inc., established in 1956 and based in Honolulu, Hawaii, is a diversified company operating across three distinct business areas: oil and natural gas, land investment, and contract drilling. The company's energy operations inv...
How the Company Makes Money
Barnwell primarily makes money through (1) oil and natural gas operations and (2) land operations. In its oil and natural gas segment, revenue is generated from selling produced hydrocarbons (crude oil and natural gas) into the market; cash flow i...
Barnwell Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.47M | 13.70M | 21.72M | 25.27M | 28.55M | 18.11M |
| Gross Profit | 436.00K | 1.58M | 2.29M | 4.71M | 11.74M | 5.04M |
| EBITDA | -3.87M | -3.09M | 890.00K | 4.40M | 10.06M | 9.09M |
| Net Income | -6.56M | -6.91M | -5.57M | -961.00K | 5.51M | 6.25M |
Balance Sheet | ||||||
| Total Assets | 21.55M | 20.81M | 30.67M | 35.42M | 37.22M | 24.43M |
| Cash, Cash Equivalents and Short-Term Investments | 4.02M | 2.89M | 4.50M | 2.83M | 12.80M | 11.28M |
| Total Debt | 67.00K | 264.00K | 7.00K | 47.00K | 266.00K | 344.00K |
| Total Liabilities | 13.39M | 13.79M | 17.61M | 16.66M | 18.05M | 14.93M |
| Stockholders Equity | 8.13M | 7.01M | 13.04M | 18.74M | 19.14M | 9.50M |
Cash Flow | ||||||
| Free Cash Flow | -3.95M | -4.94M | 1.18M | -9.69M | -2.93M | -1.10M |
| Operating Cash Flow | -3.27M | -1.87M | 4.71M | 1.94M | 7.29M | 831.00K |
| Investing Cash Flow | 2.66M | 773.00K | -2.83M | -11.18M | -7.11M | 3.69M |
| Financing Cash Flow | 3.18M | -418.00K | -226.00K | -786.00K | 1.56M | 2.19M |
Barnwell Technical Analysis
Positive
0.95
Price Trends
1.04
Negative
1.08
Negative
1.11
Negative
Market Momentum
-0.01
Positive
50.56
Neutral
35.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRN, the sentiment is Positive. The current price of 0.95 is below the 20-day moving average (MA) of 1.03, below the 50-day MA of 1.04, and below the 200-day MA of 1.11, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 50.56 is Neutral, neither overbought nor oversold. The STOCH value of 35.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BRN.
Barnwell Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | $17.76M | 13.47 | 6.76% | 1.09% | -10.83% | -23.27% | |
54 Neutral | $31.93M | -0.26 | -38.74% | ― | -18.02% | -131.87% | |
45 Neutral | $14.83M | -1.69 | -82.32% | ― | -36.07% | 1.03% | |
43 Neutral | $1.29M | ― | -172.05% | ― | -22.13% | -238.13% |
* Energy Sector Average
BRN
Barnwell
1.02
-0.13
-11.30%
MXC
Mexco Energy
8.82
0.92
11.59%
MTR
Mesa Royalty
2.88
-2.80
-49.29%
VIVK
Vivakor
1.65
-3,943.88
-99.96%
BATL
Battalion Oil
1.35
0.03
2.27%
TPET
Trio Petroleum Corp.
0.26
-0.88
-77.11%
Barnwell Corporate Events
Business Operations and StrategyM&A Transactions
Barnwell exits Hawaii real estate, refocuses on energy
Positive
Aug 4, 2026
Barnwell Hawaiian Properties, a subsidiary of Barnwell Industries, and Ka‘upulehu Developments agreed on July 31, 2026 to sell their remaining Hawaii development interests and related project rights to buyer David Johnston for $1.77 million ...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Barnwell shareholders approve equity plan and governance items
Positive
Jul 6, 2026
At its June 29, 2026 annual meeting, Barnwell Industries’ stockholders approved amendments to the 2018 Equity Incentive Plan, increasing the shares available for issuance and raising individual annual share limits to support ongoing equity-b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.