Barnwell Industries (BRN) reported fiscal third-quarter revenue of $3.379 million for the period ended June 30, 2026, compared with $2.535 million in the prior quarter. The company reported a consolidated net loss of $403,000, while net loss attributable to Barnwell shareholders was $440,000, or $0.03 per share.
Barnwell said sequential results improved as production increased, costs declined and the company completed its corporate transition from Honolulu to Houston. The company ended the quarter debt free with $4.467 million in cash and cash equivalents and $3.070 million of working capital.
- Oil and gas production totaled 82,000 BOE, up from 75,000 BOE in the previous quarter.
- General and administrative expenses decreased to $1.409 million from $1.521 million in the prior quarter.
- Adjusted EBITDA, a non-GAAP measure, was $425,000 for the quarter, compared with negative $369,000 in the prior quarter.
- The company’s limited-duration shareholder rights plan expired July 29, 2026, and was not renewed.
- Barnwell said it continues to evaluate strategic alternatives for its Canadian oil and gas business, including a potential sale.
- The company entered an agreement in July 2026 to sell its remaining Hawai‘i development interests and related project rights for approximately $1.55 million in cash.
$BRN Insider Trading Activity
$BRN insiders have traded $BRN stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BRN stock by insiders over the last 6 months:
- JOSHUA HOROWITZ purchased 4,433 shares for an estimated $4,654
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BRN Hedge Fund Activity
We have seen 10 institutional investors add shares of $BRN stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JCP INVESTMENT MANAGEMENT, LLC added 409,224 shares (+inf%) to their portfolio in Q1 2026, for an estimated $441,961
- CITADEL ADVISORS LLC removed 119,461 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $129,017
- CWA ASSET MANAGEMENT GROUP, LLC added 100,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $101,000
- ASPEN GROVE CAPITAL, LLC added 53,806 shares (+206.9%) to their portfolio in Q1 2026, for an estimated $58,110
- GEODE CAPITAL MANAGEMENT, LLC added 48,743 shares (+141.2%) to their portfolio in Q1 2026, for an estimated $52,642
- JANE STREET GROUP, LLC added 35,528 shares (+inf%) to their portfolio in Q1 2026, for an estimated $38,370
- DIMENSIONAL FUND ADVISORS LP removed 35,085 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $35,435
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
