Barnwell Industries (BRN) Posts Earnings Results

Barnwell Industries (NYSEAMERICAN:BRN) announced its quarterly earnings data on Thursday, December 21st. The energy company reported $0.08 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Barnwell Industries had a negative return on equity of 14.46% and a negative net margin of 38.36%. The company had revenue of $4.37 million for the quarter.

Barnwell Industries (NYSEAMERICAN:BRN) traded down $0.12 during trading hours on Friday, reaching $2.16. The company had a trading volume of 8,802 shares, compared to its average volume of 31,300. The firm has a market capitalization of $17.90, a price-to-earnings ratio of 15.43 and a beta of 1.41. Barnwell Industries has a fifty-two week low of $1.58 and a fifty-two week high of $2.70.

Separately, TheStreet upgraded Barnwell Industries from a “d+” rating to a “c+” rating in a research note on Wednesday, January 3rd.

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About Barnwell Industries

Barnwell Industries, Inc is engaged in various lines of business, such as acquiring, developing, producing and selling oil and natural gas in Canada; investing in land interests in Hawaii; drilling wells, and installing and repairing water pumping systems in Hawaii, and developing homes for sale in Hawaii.

Earnings History for Barnwell Industries (NYSEAMERICAN:BRN)

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