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BARNWELL INDUSTRIES INC

NYSE:BRN
US$0.930Close 7 Oct 2026 · delayed

Past year: ▼ 29%(92.0c – 1.31 USD)

Market cap
A$19.0m
Shares on issue
14.4m
In-ground value
A$4.8m
Risked multiple
0.25×
Story beats
10 since 2004
Last event
4 Aug 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

12 Aug 2026quarterly activities report▼ Bad

Barnwell reported third-quarter revenue of $3.4 million (up from $2.5 million) and a consolidated net loss of $403,000 for the period ended June 30, 2026. Production rose 9% to 82,000 BOE.

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11 Aug 2026quarterly activities report▼ Bad

Barnwell reported third-quarter revenue of $3.4 million (up from $2.5 million) and a consolidated net loss of $403,000 for the period ended June 30, 2026. Production rose 9% to 82,000 BOE.

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4 Aug 2026material agreement▲ GoodMajor

Barnwell agreed to sell its remaining Hawaii real estate interests -- its stakes in the KKM Makai and KD Kona 2013 partnerships and its Kaupulehu Increment II project rights -- to David Johnston (son of longtime KD partner and Barnwell director Terry Johnston) for $1.77 million gross, about $1.5 million net; closing is expected by September 15, 2026 and would complete Barnwell's exit from all its Hawaii real estate holdings, ending the Kaupulehu land story that began in 2004.

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26 May 2026quarterly activities report▼ Bad

BARNWELL INDUSTRIES INC reported quarterly revenue of $2.5 million and a net loss of $1.1 million for the period ended 2026-03-31.

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21 May 2026agm notice● Neutral

Barnwell issued a notice for its June 29, 2026 annual meeting, with voting open until June 28. Items covered director elections, a 2018 Equity Incentive Plan increase from 1.6 million to 3.08 million shares, equity award ratification, executive-pay votes and auditor ratification.

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21 May 2026quarterly activities report▼ Bad

Barnwell filed its quarterly report on Form 10-Q for the period ended March 31, 2026, covering its oil and natural gas, land investment and other segments.

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21 May 2026agm notice● Neutral

Barnwell filed its proxy statement for the June 29, 2026 annual meeting. Items included director elections, a rise in 2018 Plan shares from 1.6 million to 3.08 million, ratification of excess equity awards, executive-pay votes and auditor ratification.

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15 May 2026late filing notice▼ Bad

BARNWELL INDUSTRIES INC notified the SEC that its quarterly report would be filed late.

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17 Apr 2026substantial holder notice● Neutral

JCP Investment Partnership, LP disclosed a new substantial BARNWELL INDUSTRIES INC shareholding.

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9 Apr 2026securities registration● Neutral

BARNWELL INDUSTRIES INC filed a prospectus supplement for an offering off its existing shelf.

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31 Mar 2026director interest notice● Neutral

Bradley Louis Radoff became a BARNWELL INDUSTRIES INC 10%+ owner and company insider (initial ownership filing).

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27 Feb 2026director interest notice● Neutral

BARNWELL INDUSTRIES INC director Joshua Horowitz bought 4,433 shares on the open market at $1.05.

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25 Feb 2026material agreement● Neutral

Barnwell replaced its 2021 at-the-market equity program with a new one through Roth Capital Partners, nominally authorized up to $50 million but currently capped at about $3.2 million under SEC "baby shelf" rules given the company's small public float, at a 2.5% commission.

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25 Feb 2026securities registration● Neutral

BARNWELL INDUSTRIES INC filed a prospectus supplement for an offering off its existing shelf.

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23 Feb 2026quarterly activities report▼ Bad

BARNWELL INDUSTRIES INC reported quarterly revenue of $2.7 million and a net loss of $1.4 million for the period ended 2025-12-31.

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23 Feb 2026quarterly activities report▼ Bad

BARNWELL INDUSTRIES INC reported quarterly revenue of $2.7 million and a net loss of $1.4 million for the period ended 2025-12-31.

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17 Feb 2026late filing notice▼ Bad

BARNWELL INDUSTRIES INC notified the SEC that its quarterly report would be filed late.

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2 Feb 2026security holder rights change● Neutral

Barnwell's prior rights plan expired on schedule (January 26, 2026) and the board immediately adopted a new one at the same 20% trigger but a lower $7 exercise price and a shorter term, expiring by late July 2026 unless renewed.

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30 Jan 2026securities registration● Neutral

Barnwell filed a prospectus registering the resale of 3,250,245 shares by investors from its November 2025 private placement, comprising 2,221,141 shares and 1,029,104 warrant shares. The company receives no proceeds from the resales, only from any warrants exercised for cash.

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12 Jan 2026securities registration● Neutral

BARNWELL INDUSTRIES INC registered a securities offering with the SEC using its shelf eligibility.

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12 Dec 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC director Kenneth S Grossman received 9,346 shares as part of the equity award.

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12 Dec 2025securities registration● Neutral

BARNWELL INDUSTRIES INC filed notice of an exempt private placement.

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12 Dec 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC Executive VP - Finance Philip F Patman Jr. received 9,346 shares as part of the equity award.

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12 Dec 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC insider Joshua Horowitz received 9,346 shares as part of the equity award.

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4 Dec 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood sold 320,240 shares.

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4 Dec 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC director Joshua Schechter received 43,860 shares as part of the equity award.

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2 Dec 2025substantial holder notice● Neutral

Radoff Family Foundation and Bradley Radoff disclosed a combined 9.1% stake (1,120,181 shares) in Barnwell, bought in the company's November 2025 private placement at $1.10 per share. The Foundation held 560,090 shares, or 4.6%.

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2 Dec 2025director interest notice● Neutral

Joshua Schechter became a BARNWELL INDUSTRIES INC director and company insider (initial ownership filing).

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26 Nov 2025director interest notice● Neutral

BARNWELL INDUSTRIES INC Executive VP - Finance Philip F Patman Jr. bought 43,796 shares on the open market at $1.10.

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26 Nov 2025capital raising announcement● NeutralMajor

Barnwell agreed on Nov 24, 2025 to sell 2,221,141 new shares at $1.10 each (about $2.44M gross) in a private placement led by investor Bradley Radoff, with some directors also buying; this explains the directors' $1.10 open-market-priced purchases reported the same day. Most non-director buyers also get warrants to buy 1,029,104 more shares at $1.65, exercisable from 180 days after closing for three years, so existing holders face dilution if issued. Radoff gets the right to appoint a director (Joshua Schechter expected to join after the Nov 28 closing). The company says proceeds are for general corporate purposes. The press release also describes the exit from water well drilling, the planned closing of the Hawaii headquarters, and the retirement of its two longest-serving executives.

What it means for a shareholder

2.2m new shares at US$1.10 to raise about US$2.4m. That's 18% dilution: every existing holder's slice gets 18% smaller. If you held US$1,000 of shares (909 at the issue price), your slice goes from 0.00902% to 0.00739% of the company. To keep it you'd need 200 more shares - about US$220 at the issue price.

Create a free account to see this worked out for your own holding.

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