- United States
- /
- Oil and Gas
- /
- NYSEAM:BRN
Barnwell Industries Inc's (NYSEMKT:BRN) Earnings Dropped -145.09%, Did Its Industry Show Weakness Too?
When Barnwell Industries Inc (AMEX:BRN) released its most recent earnings update (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. Understanding how Barnwell Industries performed requires a benchmark rather than trying to assess a standalone number at one point in time. Below is a quick commentary on how I see BRN has performed. See our latest analysis for Barnwell Industries
Was BRN's weak performance lately a part of a long-term decline?
For the most up-to-date info, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. This technique enables me to examine many different companies in a uniform manner using the most relevant data points. For Barnwell Industries, its latest earnings (trailing twelve month) is -US$193.00K, which, against the prior year's level, has turned from positive to negative. Since these figures are relatively nearsighted, I have determined an annualized five-year value for Barnwell Industries's net income, which stands at -US$2.85M. This shows that, though net income is negative, it has become less negative over the years.
What does this mean?
While past data is useful, it doesn’t tell the whole story. With companies that are currently loss-making, it is always hard to envisage what will happen in the future and when. The most insightful step is to assess company-specific issues Barnwell Industries may be facing and whether management guidance has consistently been met in the past. I recommend you continue to research Barnwell Industries to get a better picture of the stock by looking at:
- Financial Health: Is BRN’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
Valuation is complex, but we're here to simplify it.
Discover if Barnwell Industries might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
About NYSEAM:BRN
Barnwell Industries
Acquires and develops crude oil and natural gas assets in Canada.
Low and slightly overvalued.
Market Insights
Community Narratives

