📊 BRN Key Takeaways
Is Barnwell Industries Inc. (BRN) a Good Investment?
Barnwell Industries is a fundamentally distressed business with severe operational challenges, including negative net margins of -51.9%, persistent operating losses, and negative free cash flow of -787K despite minimal capital expenditure. The company's revenue base of only 2.7M with negligible growth and deteriorating profitability trends indicate a company struggling with core business viability in the oil and gas sector.
Barnwell Industries shows weak core fundamentals: revenue is essentially flat, operating profitability is minimal, and net losses remain severe with a -51.9% net margin. The balance sheet is a relative support because the company has cash, no long-term debt, and acceptable liquidity, but negative operating cash flow and free cash flow suggest the business is not currently funding itself sustainably.
Why Buy Barnwell Industries Inc. Stock? BRN Key Strengths
- Zero long-term debt provides financial flexibility with no debt servicing obligations
- Adequate liquidity with current ratio of 1.46x and cash position of 3.6M (16.7% of total assets)
- Strong interest coverage ratio of 9.7x eliminates near-term solvency risk
- Debt-free balance sheet with $3.62M in cash and no long-term debt
- Current and quick ratios of 1.46x indicate near-term liquidity is manageable
- Positive operating income and solid interest coverage suggest limited financing pressure
BRN Stock Risks: Barnwell Industries Inc. Investment Risks
- Severe profitability crisis with -51.9% net margin and -17.5% ROE indicating value destruction
- Negative free cash flow of -787K despite minimal capex suggests operational cash burn and unsustainable business model
- Microscopic revenue base of 2.7M with only 0.4% growth shows minimal business traction and market relevance
- Deteriorating EPS (-26.8% YoY decline) despite reported slight net income improvement indicates severe shareholder value erosion
- Net losses are large relative to revenue, with ROE of -17.5% and ROA of -6.6%
- Operating cash flow and free cash flow are negative, pointing to weak earnings quality and cash burn
- Revenue growth of just 0.4% YoY indicates limited business momentum
Key Metrics to Watch
- Operating cash flow trend - must turn positive to demonstrate business viability
- Revenue growth acceleration - current 0.4% growth is insufficient for a 2.7M base company
- Path to operating profitability - with only 68K operating income on 2.7M revenue, margins must substantially improve
- Cash burn rate - at current trajectory, ability to maintain operations is questionable
- Operating cash flow and free cash flow trend
- Net margin and revenue growth consistency
Barnwell Industries Inc. (BRN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Barnwell Industries Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BRN Profit Margin, ROE & Profitability Analysis
BRN vs Energy Sector: How Barnwell Industries Inc. Compares
How Barnwell Industries Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Barnwell Industries Inc. Stock Overvalued? BRN Valuation Analysis 2026
Based on fundamental analysis, Barnwell Industries Inc. has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Barnwell Industries Inc. Balance Sheet: BRN Debt, Cash & Liquidity
BRN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Barnwell Industries Inc.'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $-0.56 indicates the company is currently unprofitable.
BRN Revenue Growth, EPS Growth & YoY Performance
BRN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.7M | -$1.4M | $-0.13 |
| Q3 2025 | $3.2M | -$1.2M | $-0.12 |
| Q2 2025 | $3.6M | -$1.2M | $-0.12 |
| Q1 2025 | $4.5M | -$664.0K | $-0.07 |
| Q3 2024 | $5.5M | -$717.0K | $-0.07 |
| Q2 2024 | $5.2M | -$148.0K | $-0.01 |
| Q1 2024 | $6.1M | -$664.0K | $-0.07 |
| Q3 2023 | $5.7M | -$717.0K | $-0.07 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Barnwell Industries Inc. Dividends, Buybacks & Capital Allocation
BRN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Barnwell Industries Inc. (CIK: 0000010048)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BRN
What is the AI rating for BRN?
Barnwell Industries Inc. (BRN) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BRN's key strengths?
Claude: Zero long-term debt provides financial flexibility with no debt servicing obligations. Adequate liquidity with current ratio of 1.46x and cash position of 3.6M (16.7% of total assets). ChatGPT: Debt-free balance sheet with $3.62M in cash and no long-term debt. Current and quick ratios of 1.46x indicate near-term liquidity is manageable.
What are the risks of investing in BRN?
Claude: Severe profitability crisis with -51.9% net margin and -17.5% ROE indicating value destruction. Negative free cash flow of -787K despite minimal capex suggests operational cash burn and unsustainable business model. ChatGPT: Net losses are large relative to revenue, with ROE of -17.5% and ROA of -6.6%. Operating cash flow and free cash flow are negative, pointing to weak earnings quality and cash burn.
What is BRN's revenue and growth?
Barnwell Industries Inc. reported revenue of $2.7M.
Does BRN pay dividends?
Barnwell Industries Inc. does not currently pay dividends.
Where can I find BRN SEC filings?
Official SEC filings for Barnwell Industries Inc. (CIK: 0000010048) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BRN's EPS?
Barnwell Industries Inc. has a diluted EPS of $-0.13.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is BRN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Barnwell Industries Inc. has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BRN stock overvalued or undervalued?
Valuation metrics for BRN: ROE of -17.5% (sector avg: 14%), net margin of -51.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy BRN stock in 2026?
Our dual AI analysis gives Barnwell Industries Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BRN's free cash flow?
Barnwell Industries Inc.'s operating cash flow is $-759.0K, with capital expenditures of $28.0K. FCF margin is -28.7%.
How does BRN compare to other Energy stocks?
Vs Energy sector averages: Net margin -51.9% (avg: 12%), ROE -17.5% (avg: 14%), current ratio 1.46 (avg: 1.3).