Barnwell Industries

BRN

시가총액 US$1321만

HOUSTON, TX / ACCESS Newswire / October 14, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has posted a set of questions and answers on its website regarding the previously announced agreement to sell its Canadian oil and natural gas business to a Canadian corporation. The Q&As provide shareholders with additional information about the proposed transaction, including the purchase price and retained royalty, the continuation of operations by Barnwell until closing, the retention of all economics, and various closing requirements.

Canadian sale advances Company's transformation while preserving participation in future drilling through 5% gross overriding royalty HOUSTON, TX / ACCESS Newswire / October 6, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has entered into a definitive agreement to sell its Canadian oil and natural gas business to an Alberta corporation for a base purchase price of C$9 million, subject to working capital and indebtedness adjustments. The consideration consists of C$4 million in cash and a 5% gross overriding royalty providing Barnwell with continued participation in future drilling, valued at C$5 million for purposes of the transaction.

HOUSTON, TX / ACCESS Newswire / October 5, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced that it has decided to terminate its qualified defined benefit pension plan and satisfy all benefit obligations. The termination is another step in simplifying Barnwell's balance sheet, reducing legacy liabilities and positioning its capital for future value creation.

Transaction Completes Company's Exit From Hawaii and Further Simplifies Portfolio HOUSTON, TX / ACCESS Newswire / September 16, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced that it has completed the previously announced sale of its remaining Hawaii development interests and related project rights. The transaction had a gross purchase price of approximately $1.77 million, resulting in approximately $1.54 million in net cash proceeds to Barnwell.

HOUSTON, TX / ACCESS Newswire / August 12, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced a clarification to its August 11, 2026 earnings release relating to its previously announced Hawaii transaction. As correctly disclosed by the Company on August 4, 2026, the definitive agreement provides for a gross purchase price of approximately $1,770,000, of which approximately $1.5 million is expected to be net to Barnwell.

Sequential Quarter-on-Quarter Results Improve as Company Increases Production, Lowers Costs, and Strengthens Balance Sheet While Continuing to Evaluate Strategic Transformational Opportunities HOUSTON, TX / ACCESS Newswire / August 11, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its third quarter ended June 30, 2026. Barnwell continued to improve its operating and cost structure during the third quarter as the Company benefited from lower administrative expenses, improved oil and gas operating results stemming both from increased production and product pricing, and the completion of its corporate transition from Honolulu, Hawai‘i to a lower-cost Houston based platform.

Transaction Advances Portfolio Simplification, Strengthens Balance Sheet and Enhances Strategic Flexibility HOUSTON, TX / ACCESS Newswire / August 4, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today announced that it has entered into a definitive agreement to sell its remaining Hawaii development interests and related project rights. The transaction represents another important step in Barnwell's strategy to simplify its portfolio, strengthen its balance sheet and redeploy capital toward higher-return opportunities.

Final repayment of WRI seller financing and recent Hawaii distributions underscore the value of Barnwell's Hawaii holdings and the Company's execution of strategic repositioning plan HOUSTON, TX / ACCESS Newswire / June 18, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has received full repayment of the seller financing provided in connection with its previously announced sale of Water Resources International, Inc. ("WRI"). WRI was Barnwell's Hawaii-based water well drilling and pump installation business.

Sequential Quarter-on-Quarter Results Improve as Company Lowers Costs, Strengthens Balance Sheet and Advances Strategic Review HOUSTON, TX / ACCESS Newswire / May 21, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) today reported financial results for its second quarter ended March 31, 2026. Barnwell continued to improve its operating and cost structure during the second quarter as the Company benefited from lower administrative expenses, improved oil and gas operating results, and the completion of its corporate transition from Honolulu, Hawai‘i to a lower-cost Houston based platform.

HOUSTON, TX / ACCESS Newswire / March 23, 2026 / Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has received a cash distribution of approximately $290,000 from its investments in the Kukio Resort land development partnerships in Hawaii, specifically those in KD Kona and KKM Makai. Barnwell holds minority partnership interests in the Kukio Resort development, a high-end residential community located on the Kona coast of Hawaii.