Barnwell Industries Inc (BRN)
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
$0.95-1.55%
Close 2026-09-04 · 1-day change
AMEXEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
QuarterlyIQ Insights · BRN
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -41.0% |
| Our one-year growth estimate | diamond | -11.3% |
Growth built into the price is above our model estimate.
The price assumes 29.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of — · Company calendar date is not available
BRN — litigation filed
Dated 2026-08-04
Entry into a Material Definitive Agreement On July 31, 2026, Barnwell Hawaiian Properties, Inc., a Delaware corporation (“BHP”) and a subsidiary of Barnwell Industries, Inc. (the “Company”), together with Ka’upulehu Developments, a Hawaii general partnership (“KD”) for which BHP serves as authorized general partner, entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with David Johnston, as purchaser (the “Buyer”). BHP and KD are each severally, and not jointly, sellers unde…
Why it matters: A return to revenue growth would signal a shift in the energy sector. This could improve Barnwell's outlook.
Supportive ifRevenue growth picks back up above 2% year over year.
Worry ifRevenue growth remains below 2% year over year.
Why it matters: The GDP report could indicate if the energy sector is moving out of its mature phase. This affects Barnwell's market environment.
Watch forGDP growth above 2% in the upcoming report on June 25, 2026.
Also watch forGDP growth below 1% in the same report.
Why it matters: Cost cuts show strong management and better efficiency.
Supportive ifGeneral and admin costs dropped over 8% from last quarter.
Worry ifGeneral and administrative expenses go up or do not drop much.
Why it matters: Better income means Barnwell is cutting costs. This can make investors more confident.
Supportive ifIncome rises to over $100,000 in Q3 2026.
Worry ifOperating income falls below $72,000 in Q3 2026.
Why it matters: A drop in revenue would signal ongoing challenges in growth and market conditions.
Worry ifQ2 revenue was below $2.5 million. This shows revenue is still going down.
Less concerning ifQ2 revenue stays the same or goes above $2.5 million.
Why it matters: Strong revenue growth shows that production is increasing. It also means better pricing.
Supportive ifQ3 revenue is over $3.5 million. This shows growth from $3.379 million in Q2.
Worry ifQ3 revenue falls below $3.5 million, suggesting a slowdown in production or pricing.
Why it matters: Improving operating income shows better cost management. It is key for financial health.
Supportive ifOperating income goes over $100,000 in Q3 2026.
Worry ifOperating income stays below $90,000 in Q3 2026.
Why it matters: A smaller net loss shows better cost management and efficiency.
Supportive ifNet loss was below $1.15 million for Q2. This shows good cost control.
Worry ifNet loss is above $1.15 million. This shows ongoing financial problems.
Why it matters: This sale could give Barnwell more money to invest in better opportunities.
Watch forManagement says there is a deal or strong interest from buyers for the Canadian assets.
Also watch forNo news or interest is reported. This suggests the sale process is stuck.
Why it matters: This sale will simplify Barnwell's portfolio and strengthen its balance sheet. It may provide cash for higher-return investments.
Supportive ifThe sale of Hawaii development interests is complete. It brings in about $1.5 million in cash.
Worry ifThe sale does not close by the end of September 2026, delaying cash proceeds.
Why it matters: More production may show ongoing improvement. This can help increase revenue.
Supportive ifProduction exceeds 82,000 barrels of oil equivalent (BOE) in Q3 2026.
Worry ifProduction falls below 82,000 BOE in Q3 2026.
Why it matters: A smaller net loss shows better financial health. It also means more operational efficiency.
Supportive ifNet loss in Q3 2026 is less than $440,000.
Worry ifNet loss in Q3 2026 is greater than or equal to $440,000.
Why it matters: Results may lead to big growth chances or mergers. This can affect long-term value.
Watch forManagement announces a new partnership or acquisition. This will help boost growth.
Also watch forNo strategic actions are taken. This shows there are no good opportunities.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$135 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $563 loss on $10,000 · 5.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,271 loss on $10,000 · 32.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.