Barnwell Industries Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Ceo alexander kinzler to transition ceo leadership to barnwell of canada  president and coo craig hopkins

Meaningful production increases across all products continued reduction in general and administrative expenses

Divestiture of hawaii contract drilling operations to streamline operations and reduce corporate overhead

Transaction unlocks substantial shareholder value; sale expected to streamline operations to focus on domestic and canadian oil and natural gas business transaction unlocks substantial shareholder value; sale expected to streamline operations to focus on domestic and canadian oil and natural gas business

Production of all products increased over the prior year's third quarter company declares cash dividend honolulu, aug. 11, 2023 (globe newswire) -- barnwell industries, inc. (nyse american: brn) today reported net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended june 30, 2023, respectively, as compared to net earnings of $2,531,000, $0.25 per share, and $5,656,000, $0.59 per share, for the three and nine months ended june 30, 2022, respectively. mr. alexander c.

With the overall U.S. stock market struggling for direction, stock picking is now of paramount importance. Little-followed microcaps offer an area where bargains can be found.

A number of VBR "green energy" picks have popped higher in January, pulling investment returns for the group of past picks strongly higher. A performance review of 46 previous selections since late June is discussed.

A handful of past VBR picks are becoming net asset turnaround ideas on price weakness. Ultra-low price to tangible book value and EV to EBITDA readings are entering bargain territory.

The Nasdaq Composite dipped by more than 600 points on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Improving VBR performance numbers are discussed. 4 new buy signals are explained.

Strong financial results demonstrate significant improvements and turnaround of the company Strong financial results demonstrate significant improvements and turnaround of the company

HONOLULU, July 14, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (the “Company”) today announced that Barnwell of Canada, Limited, its wholly-owned subsidiary (“Barnwell Canada”), has entered into and completed a purchase and sale agreement with an independent third party for the sale of Barnwell Canada's interests in certain natural gas and oil properties located in the Spirit River area of Alberta, Canada. The purchase price for Barnwell Canada's interests was approximately US$1,037,000, at current Canadian dollar exchange rates, and is subject to customary adjustments including adjustments to reflect an effective closing date of sale of July 8, 2021. Barnwell expects to report a gain on this transaction which will be recognized in its fourth quarter ending September 30, 2021.

HONOLULU, July 13, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (the “Company”, “we”, “our”) announced today that it had unaudited pro forma stockholders' equity, as of July 13, 2021, in excess of the $4.0 million minimum amount of stockholders' equity that the Company is required to maintain under the NYSE American's continued listing standards.

Trending penny stocks can be a great addition to your watchlist, here's 7 popular small-caps for your list The post Popular Penny Stocks to Buy Right Now? 7 For Your Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

The stock price of Barnwell Industries (NYSEAMERICAN: BRN) increased by 24.44% today. This is why it happened.