Barnwell (BRN) AI Stock Analysis

• Market Cap: $11.58M
• Dividend Yield: N/A
• Average Volume (3M): 25.40K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.26
• Revenue Growth: -34.85%
• EPS Growth: -68.02%
• Country: US
• Employees: 27
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.15
• Shares Outstanding: 10,073,534
• 10 Day Avg. Volume: 27,925
• 30 Day Avg. Volume: 25,401
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 0.67
• Enterprise Value/Gross Profit: 7.03
• Enterprise Value/Ebitda: -3.12
• 1Y Price Target: $1.00
• Price Target Upside: -13.04% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $1.00 ▼(-13.04% Downside)

Barnwell's overall stock score is primarily impacted by its challenging financial performance, characterized by declining revenues and significant net losses. Technical analysis indicates a bearish trend, while valuation metrics reflect unprofitability. The lack of earnings call data and corporate events does not alter the score.

Barnwell Business Overview & Revenue Model

Company Description

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. It operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. The company acquires and develops crude and natural gas assets in the province of Alberta; and invests in land interests in Hawaii. It also owns and operates five water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; drills water and water monitoring wells of varying depths; installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is headquartered in Honolulu, Hawaii.

How the Company Makes Money

Barnwell generates revenue primarily through the exploration and production of oil and natural gas, which includes the sale of crude oil, natural gas liquids, and natural gas. The company earns income from its interests in various oil and gas properties, with revenue fluctuating based on market prices for these commodities. Additionally, Barnwell has revenue streams from its real estate segment, which includes rental incomes from residential and commercial properties. The company may also benefit from strategic partnerships in both the energy and real estate sectors, allowing for shared resources and expanded market reach, although specific partnerships are not detailed.

Barnwell Financial Statement Overview

Summary

Barnwell's financial performance is hindered by declining revenues and significant net losses. The income statement shows a negative net profit margin and decreasing revenue, reflecting a challenging operational environment. Despite low leverage on the balance sheet, the inconsistency in cash flow generation raises concerns about sustainable financial health.

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.

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.

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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.51M	21.72M	25.27M	28.55M	18.11M	18.35M
Gross Profit	1.49M	2.29M	4.71M	11.74M	5.04M	3.51M
EBITDA	-3.34M	890.00K	4.40M	10.06M	9.09M	-1.96M
Net Income	-6.56M	-5.57M	-961.00K	5.51M	6.25M	-4.76M
Balance Sheet
Total Assets	23.76M	30.67M	35.42M	37.22M	24.43M	15.18M
Cash, Cash Equivalents and Short-Term Investments	1.15M	4.50M	2.83M	12.80M	11.28M	4.58M
Total Debt	107.00K	75.00K	118.00K	266.00K	344.00K	312.00K
Total Liabilities	15.17M	17.61M	16.66M	18.05M	14.93M	17.14M
Stockholders Equity	8.57M	13.04M	18.74M	19.14M	9.50M	-2.04M
Cash Flow
Free Cash Flow	-1.19M	1.18M	-9.69M	-2.93M	-1.10M	-2.38M
Operating Cash Flow	9.00K	4.71M	1.94M	7.29M	831.00K	750.00K
Investing Cash Flow	-3.05M	-2.83M	-11.18M	-7.11M	3.69M	-833.00K
Financing Cash Flow	-310.00K	-226.00K	-786.00K	1.56M	2.19M	60.00K

Barnwell Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRN, the sentiment is Neutral. The current price of 1.15 is above the 20-day moving average (MA) of 1.15, above the 50-day MA of 1.15, and below the 200-day MA of 1.42, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.65 is Neutral, neither overbought nor oversold. The STOCH value of 73.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BRN.

Barnwell Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MXC	72 Outperform	18.39M	11.22	9.15%	1.11%	13.06%	45.64%
BRN	46 Neutral	$11.58M	―	-58.49%	―	-34.85%	-68.02%
BATL	39 Underperform	17.11M	-0.49	5.33%	―	-7.24%	54.62%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%