AMEX:BRN

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Barnwell Industries

Executive Summary

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Barnwell Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BRN's weekly volatility has decreased from 25% to 11% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

4.7%

BRN

8.0%

US Oil and Gas

2.8%

US Market


1 Year Return

103.1%

BRN

-31.4%

US Oil and Gas

20.9%

US Market

Return vs Industry: BRN exceeded the US Oil and Gas industry which returned -31.4% over the past year.

Return vs Market: BRN exceeded the US Market which returned 20.9% over the past year.


Shareholder returns

BRNIndustryMarket
7 Day4.7%8.0%2.8%
30 Day24.7%30.8%12.8%
90 Day25.1%9.1%6.6%
1 Year103.1%103.1%-26.8%-31.4%23.6%20.9%
3 Year-49.5%-49.5%-34.2%-43.2%47.3%37.6%
5 Year-47.1%-47.1%-21.7%-37.1%94.3%72.9%

Long-Term Price Volatility Vs. Market

How volatile is Barnwell Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Barnwell Industries undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Barnwell Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Barnwell Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of BRN's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Barnwell Industries regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Barnwell Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

57.5%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Barnwell Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Barnwell Industries performed over the past 5 years?

-66.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRN is currently unprofitable.

Growing Profit Margin: BRN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRN is unprofitable, and losses have increased over the past 5 years at a rate of 66.1% per year.

Accelerating Growth: Unable to compare BRN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).


Return on Equity

High ROE: BRN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Barnwell Industries's financial position?


Financial Position Analysis

Short Term Liabilities: BRN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BRN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BRN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BRN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BRN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BRN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.5% each year


Next Steps

Dividend

What is Barnwell Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BRN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BRN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BRN is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.6yrs

Average board tenure


CEO

Alexander Kinzler (61 yo)

3.92yrs

Tenure

US$358,301

Compensation

Mr. Alexander C. Kinzler has been the President and Chief Operating Officer of Barnwell Industries Inc. since December 2002 and has been its Chief Executive Officer since December 31, 2016. Mr. Kinzler has...


CEO Compensation Analysis

Compensation vs Market: Alexander's total compensation ($USD358.30K) is below average for companies of similar size in the US market ($USD561.84K).

Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Alexander Kinzler
President3.92yrsUS$358.30k11.24%
$ 1.0m
Douglas Woodrum
Nominee Director0.58yrno datano data
Ned Sherwood
Nominee Director0.58yrno data14.96%
$ 1.3m
Philip McPherson
Nominee Director0.58yrno datano data
Kevin Takata
Independent Director16.83yrsUS$38.00k0.034%
$ 3.1k
Robert Inglima
Independent Director13.08yrsUS$40.57k0.38%
$ 34.3k
Kenneth Grossman
Independent Director0.58yrno datano data
Bradley Tirpak
Nominee Director0.58yrno data0.41%
$ 36.9k
Peter O'Malley
Independent Director0.58yrno datano data
Erminia Bossio
Independent Director0.58yrno datano data
Scott Kepner
Nominee Director0.58yrno datano data

0.6yrs

Average Tenure

61yo

Average Age

Experienced Board: BRN's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Barnwell Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Barnwell Industries, Inc.
  • Ticker: BRN
  • Exchange: AMEX
  • Founded: 1956
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$8.939m
  • Shares outstanding: 8.28m
  • Website: https://www.brninc.com

Number of Employees


Location

  • Barnwell Industries, Inc.
  • 1100 Alakea Street
  • Suite 2900
  • Honolulu
  • Hawaii
  • 96813
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRNAMEX (NYSE MKT LLC)YesCommon StockUSUSDJan 1968

Biography

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. It operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. The company...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:14
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.