|
|
|
Barnwell Industries inc (NYSEAMER: BRN) |
|
Barnwell Industries inc
Officers & Directors
Laurance E. Narbut Joshua S. Horowitz, Director Alexander C. Kinzler, General Counsel, Secretary and Executive Chairman of the Board Craig D. Hopkins, President and Chief Executive Officer Russell M. Gifford Kenneth S. Grossman Douglas N. Woodrum, Director ,
Barnwell Industries inc currently has 18 employees.
News about Barnwell Industries inc Key Personnel |
In a significant strategic maneuver aimed at streamlining operations and enhancing financial sustainability, Barnwell Industries, Inc. (NYSE American: BRN) has announced the sale of its water drilling subsidiary, Water Resources International, Inc. for a total of approximately $1,050,000. This divestiture, revealed through a press release issued in early March 2025, reflects the company s intention to prioritize its oil and natural gas segment, specifically during a period marked by considerable financial challenges.Barnwell s decision to sell its water well drilling operations comes at a critical time, as the company reported a cumulative net loss of $-7 million for the 12 months ending in the first quarter...
|
Overview of Barnwell Industries, Inc.Barnwell Industries, Inc. engaged in the oil and gas production industry, recently found itself at the crossroads of a significant governance challenge and troubling financial performance. As of the first quarter of 2025, the company recorded a cumulative net loss of $7 million, resulting in a staggering negative return on equity (ROE) of -47.25%. As it stands, Barnwell s ROE places it at a disadvantage compared to its peers—46 other companies in the industry have outperformed it in terms of ROE. However, there is a glimmer of hope, as Barnwell s overall ranking in ROE has improved significantly, advancing from 2829 in the fourth quarter of 2024 to 2032 in the current q...
|
|
|
|
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.