Barnwell Industries, Inc. (BRN)

Over the past six months, Barnwell Industries' stock price has declined, trading at $1.20 as of November 25, 2025, a 30.99% decrease from $1.71 on November 15, 2024. The 52-week range has been between $1.08 and $2.28. In August 2025, Barnwell reported a decline in revenue and a wider net loss in its Q3 financial results. In September 2025, news emerged about Barnwell directors adjourning their annual meeting and imposing a bylaw amendment to restrict opposition shareholders' voice. In October 2025, Philip F. Patman, Jr. was appointed as Executive Vice President of Finance. In November 2025, Barnwell Industries announced a $2.4 million private placement led by Bradley Radoff and the appointment of Joshua Schecter to the board, and Kenneth Grossman purchased 59,563 shares of the company.

The provided search results do not contain specific information about the demand seasonality for Barnwell Industries, Inc.'s products and services. However, its demand could be influenced by broader economic cycles, energy prices, and regional development trends. The oil and gas industry can experience seasonality due to factors like heating demand in winter months affecting natural gas consumption, or summer driving seasons impacting oil demand. Drilling services and land investment might also see fluctuations based on capital expenditure cycles in the energy sector and real estate market conditions.

Barnwell Industries, Inc. (BRN) is a diversified company in the energy, real estate, and manufacturing sectors, established in 1959. The company operates in the Oil & Gas Exploration & Production industry. Its major products and services include oil and natural gas acquisition, development, production, and sale; land investment through Barnwell Industries Development, Inc.; and contract drilling through Foremost®, which manufactures and sells drilling equipment and provides water well services in Hawaii. Hydro-Dyne Engineering specializes in advanced hydraulic equipment and systems.

Barnwell Industries' operations are primarily located in the United States and Canada. In the United States, the company's oil and natural gas properties are mainly located, with non-operated interests in wells in Oklahoma and Texas, while its contract drilling and land investment activities are focused in Hawaii, where the company is headquartered. In Canada, Barnwell Industries is involved in oil and natural gas development, production, and sales, with a core asset in Twining, Alberta.

Information specifically detailing Barnwell Industries' brand reputation in the past year is not explicitly available. However, the company's financial performance, including declining revenue and wider net losses, and internal corporate governance issues could implicitly affect stakeholder perception and its reputation. The recent private placement and board appointment could be seen as efforts to stabilize and strengthen the company.

Barnwell Industries (BRN) ownership includes individual/insider owners and institutional investors. Insiders hold a significant portion of the stock, with Ned L. Sherwood being the largest individual shareholder, owning 38.77% of the company. Other major individual owners include Morton H. Kinzler, Alexander C. Kinzler, Joseph Eugene Magaro, David R. Jarvis, Joshua Horowitz, and Kenneth S. Grossman. Insiders have been net buyers of BRN stock in the past 24 months. Approximately 10.80% to 40.71% of Barnwell Industries' stock is owned by institutional investors, with 33 institutional owners holding a total of 1,291,571 shares as of November 2025. Largest institutional shareholders include Vanguard Group Inc., Renaissance Technologies LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Bridgeway Capital Management Inc, and BlackRock, Inc.