Insider Trading Roundup: Barnwell Industries, Inc. $BRN

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Barnwell Industries, Inc. (ARCA:BRN) insider have most recently took part in a trading activity. On Aug 24, 2017 Barnwell James S Iii, Director bought 5,000 shares having total worth of $9,150 at the price of $1.83 per share, following the transaction a total of 20,726 shares owned by Barnwell James S Iii.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 14 times by insiders. an employee of the company was the buyer in 14 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 0.33%
12 Month 14 0 6.89%

Shares of Barnwell Industries, Inc. (ARCA:BRN) traded up 1.97% on Aug 23, 2017, hitting $1.82. 6,434 shares of the company’s stock traded hands. Barnwell Industries, Inc. has a 52 week low of $1.35 and a 52 week high of $2.47. The company’s market cap is $13 million.

Barnwell Industries, Inc. (ARCA:BRN) last announced its earnings results on Aug 9, 2017. The company reported -0.06 earnings per share (EPS) for the quarter. The company had revenue of $1 million for the quarter During the same quarter in the previous year, the company posted 0.09 earnings per share. The company’s revenue for the quarter was down 84% on a year-over-year basis.

2017-08-09 2017-05-10 2017-02-09 2016-08-10 2016-05-11 2015-12-16 2015-08-06 2015-05-13 2014-12-15 2014-08-07
earnings per share -0.06 -0.07 0.20 0.09 0.00 0.33 0.12 -0.24 0.26 -0.03
Revenue(M) 1.34 3.03 4.29 8.22 0 2.81 5.2 3.49 9.55 6.81

Barnwell Industries Inc was incorporated in Delaware in 1956. The company through its wholly-owned subsidiary Barnwell of Canada, Limited acquires, explores and develops oil and natural gas properties in Canada. It invests in land interests in Hawaii and is also engaged in drilling wells and installing and repairing water pumping systems in Hawaii and developing homes for sale in Hawaii. It operates in four business segments: Oil and Natural Gas Segment; Land Investment Segment; Residential Real Estate Segment; and Contract Drilling Segment. Through its wholly-owned subsidiary, Barnwell of Canada it initiates and participates in exploratory and developmental operations for oil and natural gas on property in which it has an interest, and evaluates proposals by third parties with regard to participation in such exploratory and developmental operations elsewhere. Its investments in oil and natural gas properties consist of investments in Canada, in the Province of Alberta, with minor holdings in the Provinces of Saskatchewan and British Columbia. These property interests are held under governmental leases or licenses. It sells substantially all of its oil and natural gas liquids production under short-term contracts between itself and marketers of oil. The Company through wholly-owned Kaupulehu Mauka Investors, LLC, owns acquisition rights as to 14 lots within agricultural-zoned leasehold land in the upland area of Kaupulehu situated between the Queen Kaahumanu Highway and the Mamalahoa Highway at Kaupulehu, on the island of Hawaii. The acquisition rights give Barnwell the right to acquire 14 residential lots, currently estimated to be two to five acres in size, which may be developed on the Mauka Lands. Barnwell’s wholly-owned subsidiary, Water Resources, drill water, water monitoring and geothermal wells of varying depths in Hawaii, installs and repairs water pumping systems, and is the state of Hawaii’s distributor for Floway pumps and equipment. Water Resources owns and operates one Spencer-Harris portable rotary drilling rig capable of drilling up to approximately 7,000 feet, an IDECO H-35 rotary drilling/workover rig, two GEFCO SS-40-T portable rotary drilling rigs, a National T-32 drilling rig, and other ancillary drilling equipment. Water Resources also owns and operates one Walker Neer P-15-A and one Franks double drum service rig for deep set pump removal, installations and repairs. Additionally, Water Resources leases a three-quarter of an acre maintenance facility in Honolulu, Hawaii, one acre maintenance and storage facility with 2,800 square feet of interior space in Kawaihae, Hawaii, and a one acre equipment storage yard in Waimea, Hawaii, and maintains an inventory of drilling materials and pump supplies. The Company is subject to a variety of federal, state and local laws and regulations relating to land use and development and to environmental compliance and permitting obligations, including those related to the us

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.