15 May 2023quarterly activities report▼ Bad
BARNWELL INDUSTRIES INC reported quarterly revenue of $5.2 million and a net loss of $1.2 million for the period ended 2023-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 May 2023director interest notice● Neutral
BARNWELL INDUSTRIES INC insider Douglas N Woodrum received 11,363 shares as part of the equity award.
26 Apr 2023director interest notice● Neutral
BARNWELL INDUSTRIES INC director Joshua Horowitz bought 20,244 shares on the open market.
20 Apr 2023director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 79,119 shares on the open market.
18 Apr 2023agm notice● Neutral
BARNWELL INDUSTRIES INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
7 Apr 2023director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 201,505 shares on the open market at $2.73.
23 Mar 2023director interest notice● Neutral
BARNWELL INDUSTRIES INC President and CEO Alexander C Kinzler bought 10,000 shares on the open market at $2.14.
6 Mar 2023agm notice● Neutral
BARNWELL INDUSTRIES INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
13 Feb 2023substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION reported a BARNWELL INDUSTRIES INC shareholding of 389,722 shares (3.91% of votes) in a periodic institutional filing.
13 Feb 2023quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $7.5 million and net income of $1.1 million for the period ended 2022-12-31.
10 Feb 2023quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $7.5 million and net income of $1.1 million for the period ended 2022-12-31.
10 Feb 2023director interest notice● Neutral
Joshua Horowitz became a BARNWELL INDUSTRIES INC company insider (initial ownership filing).
10 Feb 2023director interest notice● Neutral
Laurance Elliot Narbut became a BARNWELL INDUSTRIES INC company insider (initial ownership filing).
26 Jan 2023security holder rights change● Neutral
As part of the renewed activist settlement, Barnwell terminated its October 2022 Tax Benefits Preservation Plan early, accelerating its expiration to January 25, 2023.
26 Jan 2023agm notice● Neutral
BARNWELL INDUSTRIES INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
26 Jan 2023material agreement● NeutralMajor
Barnwell reached a second, broader settlement with the same MRMP activist group: two new independent directors (Horowitz and Narbut) joined the board and the standstill was extended through the 2025 annual meeting cycle; Alexander Kinzler, originally an activist board nominee, is now the company's CEO and President.
25 Jan 2023substantial holder notice● Neutral
Alexander C. Kinzler reported a BARNWELL INDUSTRIES INC shareholding of 929,500 shares (9.33% of votes) in a periodic institutional filing.
24 Jan 2023agm notice● Neutral
BARNWELL INDUSTRIES INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
21 Dec 2022dividend declaration▲ Good
Barnwell's board declared a $0.015-per-share cash dividend, paid in January 2023 -- a resumption of shareholder returns.
19 Dec 2022material agreement● NeutralMajor
A new Barnwell Texas subsidiary bought a 22.3% non-operated working interest in Permian Basin, Texas leasehold acreage (plus a 15.4% interest in two planned wells) from Alchemist Energy LeaseCo for $805,651, prepaying about $4.29 million toward drilling costs -- a new US onshore growth push after years focused on Canada and Hawaii.
4 Nov 2022substantial holder notice● Neutral
Cynthia M. White reported a BARNWELL INDUSTRIES INC shareholding of 475,941 shares (4.78% of votes) in a periodic institutional filing.
4 Nov 2022substantial holder notice● Neutral
Alexander C. Kinzler reported a BARNWELL INDUSTRIES INC shareholding of 929,500 shares (9.33% of votes) in a periodic institutional filing.
17 Oct 2022security holder rights change● Neutral
Barnwell adopted a shareholder rights plan ("poison pill") triggered at 4.95% ownership to protect its net operating loss carryforwards from a Section 382 ownership change that would limit their future tax value; the plan was set to expire in October 2025 unless redeemed or renewed sooner.
13 Sept 2022director interest notice● Neutral
BARNWELL INDUSTRIES INC 10%+ owner Ned L Sherwood bought 134,590 shares on the open market.
12 Aug 2022quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $8.0 million and net income of $2.5 million for the period ended 2022-06-30.
12 Aug 2022quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $8.0 million and net income of $2.5 million for the period ended 2022-06-30.
16 June 2022director interest notice● Neutral
BARNWELL INDUSTRIES INC insider Douglas N Woodrum bought 100,000 shares on the open market at $2.66.
13 May 2022quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $6.7 million and net income of $2.1 million for the period ended 2022-03-31.
13 May 2022quarterly activities report● Neutral
BARNWELL INDUSTRIES INC reported quarterly revenue of $6.7 million and net income of $2.1 million for the period ended 2022-03-31.
24 Mar 2022agm notice● Neutral
BARNWELL INDUSTRIES INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).