Company profile

Ticker
BRN
Exchange
Website
CEO
Alexander C. Kinzler
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
720496921

BRN stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

12 Feb 20
3 Apr 20
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 4.85M 3.11M 3.41M 2.96M
Net income -414K -4.32M -1.37M -2.13M
Diluted EPS -0.05 -0.52 -0.16 -0.26
Net profit margin -8.54% -139% -40.04% -71.72%
Operating income 1.11M -3.41M 105K -530K
Net change in cash -2.21M -422K -1.39M 329K
Cash on hand 2.4M 4.61M 5.04M 6.43M
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 12.08M 9.37M 13.03M 13.63M
Net income -12.41M -1.77M 1.17M -3.62M
Diluted EPS -1.5 -0.21 0.14 -0.44
Net profit margin -103% -18.89% 8.99% -26.53%
Operating income -6.91M 3.87M 5.85M 542K
Net change in cash -1.35M -10.32M 731K 7.08M
Cash on hand 4.61M 5.97M 16.28M 15.55M
Cost of revenue 3.65M 3.23M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
3 Mar 20 Kinzler Alexander C Common Stock By will or laws of descent Aquire W 0 575,941 0 927,000
14 Feb 20 James S Barnwell III Common Stock Buy Aquire P 1.1 10,000 11K 61,726
31 Jan 20 Sherwood Ned L Common Stock, par value $0.50 per share Buy Aquire P 0.8027 36,739 29.49K 1,000,211.138
8 Jan 20 Kinzler Alexander C Common Stock Buy Aquire P 1.09 7,059 7.69K 351,059
2 Jan 20 Sherwood Ned L Common Stock, par value $0.50 per share Buy Aquire P 0.9581 15,070 14.44K 963,472.138
3.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 11 14 -21.4%
Opened positions 1 2 -50.0%
Closed positions 4 4
Increased positions 1 3 -66.7%
Reduced positions 2 2
13F shares
Current Prev Q Change
Total value 324K 387K -16.3%
Total shares 313.53K 744.54K -57.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Renaissance Technologies 155.84K $161K +11.6%
BLK BlackRock 82.07K $85K 0.0%
Vanguard 44.2K $46K 0.0%
NTRS Northern Trust 15.2K $15K 0.0%
Geode Capital Management 14.15K $14K 0.0%
Earnest Partners 1K $1K 0.0%
Victory Capital Management 572 $1K -3.4%
MS Morgan Stanley 500 $1K -1.0%
BAC Bank of America 3 $0 0.0%
RY Royal Bank of Canada 1 $0 NEW
Largest transactions
Shares Bought/sold Change
Dimensional Fund Advisors 0 -307.18K EXIT
Bridgeway Capital Management 0 -129.32K EXIT
Renaissance Technologies 155.84K +16.2K +11.6%
BK Bank Of New York Mellon 0 -10.18K EXIT
Hilton Capital Management 0 -500 EXIT
Victory Capital Management 572 -20 -3.4%
MS Morgan Stanley 500 -5 -1.0%
RY Royal Bank of Canada 1 +1 NEW
NTRS Northern Trust 15.2K 0 0.0%
Earnest Partners 1K 0 0.0%

Financial report summary

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Risks
  • Our failure to maintain continued compliance with the listing requirements of the NYSE American exchange could result in the delisting of our common stock.
Management Discussion
  • ITEM 2.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • This Form 10-Q, and the documents incorporated herein by reference, contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 ("PSLRA"). A forward-looking statement is one which is based on current expectations of future events or conditions and does not relate to historical or current facts. These statements include various estimates, forecasts, projections of Barnwell’s future performance, statements of Barnwell’s plans and objectives, and other similar statements. All such statements we make are forward-looking statements made under the safe harbor of the PSLRA, except to the extent such statements relate to the operations of a partnership or limited liability company. Forward-looking statements include phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “predicts,” “estimates,” “assumes,” “projects,” “may,” “will,” “will be,” “should,” or similar expressions. Although Barnwell believes that its current expectations are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Forward-looking statements involve risks, uncertainties and assumptions which could cause actual results to differ materially from those contained in such statements. The risks, uncertainties and other factors that might cause actual results to differ materially from Barnwell’s expectations are set forth in the “Forward-Looking Statements” and “Risk Factors” sections of Barnwell’s Annual Report on Form 10-K for the year ended September 30, 2019. Investors should not place undue reliance on these forward-looking statements, as they speak only as of the date of filing of this Form 10-Q, and Barnwell expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein.
  • Management has determined that our most critical accounting policies and estimates are those related to the full-cost ceiling calculation and depletion of our oil and natural gas properties, the estimation of our contract drilling segment's revenues and expenses, and the calculation of our income taxes, all of which are discussed in our Annual Report on Form 10-K, as amended by our Form 10-K/A Amendment No. 1 and Form 10-K/A Amendment No. 2, for the fiscal year ended September 30, 2019. There have been no significant changes to these critical accounting policies and estimates during the three months ended December 31, 2019. We continue to monitor our accounting policies to ensure proper application of current rules and regulations.
Content analysis ?
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Constraining
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