Earnings summaries and quarterly performance for BARNWELL INDUSTRIES.
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Recent press releases and 8-K filings for BRN.
Barnwell Industries Adopts New Shareholder Rights Plan
BRN
Takeover Bid
- Barnwell Industries, Inc. (BRN) adopted a limited-duration shareholder rights plan on January 30, 2026, replacing a plan that expired on January 26, 2026.
- The plan issues one right for each common share outstanding as of February 13, 2026, with an exercise price of $7.00 per share.
- These rights become exercisable if a person acquires 20% or more of Barnwell's outstanding common stock, designed to prevent "creeping" control and protect long-term shareholder value.
- The plan is effective immediately and will expire on July 29, 2026, unless earlier redeemed or exchanged.
5 days ago
Barnwell Industries, Inc. Reports Q4 and Fiscal Year 2025 Results and Strategic Updates
BRN
Earnings
New Projects/Investments
Demand Weakening
- Barnwell Industries, Inc. reported revenue from continuing operations of $3,022,000 and a net loss from continuing operations of $2,429,000 or $0.24 per share for the fourth quarter ended September 30, 2025. For the full fiscal year 2025, revenue from continuing operations was $13,697,000 and net loss from continuing operations was $7,103,000 or $0.71 per share.
- The increase in net loss for the year was primarily due to higher general and administrative expenses, a loss from the sale of the Company’s U.S. oil and natural gas working interests, lower commodities prices, reduced production, and softer results in the land investment segment. The company no longer owns any oil and natural gas assets in the U.S. as a result of the sale.
- In November 2025, the company completed a private placement offering, issuing common stock and warrants, which generated approximately $2,443,000 in gross proceeds for general corporate purposes.
- Barnwell plans to close its Honolulu office and relocate its corporate headquarters to co-head offices in Houston, Texas, and Calgary, Alberta, in early calendar year 2026, as part of efforts to streamline operations and reduce expenses.
Dec 19, 2025, 9:25 PM
Barnwell Industries Announces $2.4 Million Private Placement and Board Appointment
BRN
Board Change
New Projects/Investments
- Barnwell Industries, Inc. announced a private placement with accredited investors for the purchase and sale of approximately 2.2 million shares of common stock at $1.10 per share, expecting gross proceeds of approximately $2.4 million.
- The private placement involves the issuance of 2,221,141 shares of common stock and warrants to purchase up to 1,029,104 shares of common stock, with an exercise price of $1.65 per share for the warrants.
- The transaction, led by Bradley Radoff, is expected to close on or around November 28, 2025, and the proceeds will be used for general corporate purposes.
- Conditioned upon the closing, Joshua Schechter, designated by Mr. Radoff, will be appointed to the Company's Board of Directors.
Nov 26, 2025, 1:30 PM
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