hweb2
4 years ago
Same thing happened last year. Not sure if good or bad. I think the stock got a bump AH on this part of the press release-
Separately, the Company announced that two additional developer lots closed in December 2020 at Kaupulehu, North Kona, Hawaii, in consideration for which the Company’s Kaupulehu Developments venture received $485,000 in percentage of sales payments ($320,000 net to the Company) and the Company received cash distributions of $1,712,000, which includes an additional preferred return payment of $459,000. These transactions will be reflected in the Company’s financials for the quarter ended December 31, 2020.
whytestocks
4 years ago
News: $BRN Barnwell Industries, Inc. Reports Results for the Second Quarter and Six Months Ended March 31, 2020
HONOLULU, June 23, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported losses of $1,514,000, $0.18 per share, and $1,928,000, $0.23 per share, for the three and six months ended March 31, 2020, respectively, as compared to net losses of $2,125,000, $0.26 p...
In case you are interested BRN - Barnwell Industries, Inc. Reports Results for the Second Quarter and Six Months Ended March 31, 2020
cjstocksup
5 years ago
We are pleased to report operating profits in our oil and gas and contract drilling segments as well as an 87% increase in revenues and a further 3% reduction in general and administrative expenses.
https://ih.advfn.com/stock-market/AMEX/barnwell-industries-BRN/stock-news/81720204/barnwell-industries-inc-reports-results-for-the
Barnwell Industries, Inc. Reports Results for the First Quarter Ended December 31, 2019
Barnwell Industries, Inc. (NYSE American: BRN) today reported a net loss of $414,000, $0.05 per share, for the three months ended December 31, 2019, as compared to a net loss of $4,600,000, $0.56 per share, for the three months ended December 31, 2018.
“Our first quarter results reflect a significant improvement over the prior year. We are pleased to report operating profits in our oil and gas and contract drilling segments as well as an 87% increase in revenues and a further 3% reduction in general and administrative expenses. We are seeing significant production from the well we participated in at Spirit River. Our new well at Twining is tied in, but still in the clean-up phase of recovering fluids used for fracing the well. About 50% of such fracing fluids have been recovered during the first 30 days of initial production through February 1. The Twining well’s initial production rates are improving with both the percentage of oil produced daily as well as total daily oil production continuing to increase. We will provide further updates on the well after 60 and 90 days of initial production.
“Barnwell ended the quarter with $1,232,000 in working capital which includes $2,399,000 in cash and cash equivalents.”
OilStockReport
13 years ago
BRN made some gains this week!
The stocks for Alexander & Baldwin Inc., Barnwell Industries Inc. and Hoku Corp. were the only Hawaii ones to see gains Tuesday.
Alexander & Baldwin added 2.03 percent, Barnwell Industries increased by 1.99 percent and Hoku was up 1.55 percent.
The broader markets ended lower on Tuesday, with the Dow Jones Industrial Average down 25.05 points to close at 12,356.21 and the Nasdaq down 12.74 points to close at 2,746.16.