Barnwell Industries (NYSEAMERICAN:BRN) issued its earnings results on Thursday. The energy company reported $0.08 EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $4.37 million during the quarter. Barnwell Industries had a negative net margin of 38.36% and a negative return on equity of 14.46%.
Shares of Barnwell Industries (NYSEAMERICAN:BRN) traded up $0.03 during midday trading on Friday, reaching $2.05. 143,700 shares of the company were exchanged, compared to its average volume of 13,396. Barnwell Industries has a 12-month low of $1.56 and a 12-month high of $2.70.
Separately, TheStreet cut shares of Barnwell Industries from a “c” rating to a “d+” rating in a research report on Friday, August 25th.
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Barnwell Industries, Inc is engaged in various lines of business, such as acquiring, developing, producing and selling oil and natural gas in Canada; investing in land interests in Hawaii; drilling wells, and installing and repairing water pumping systems in Hawaii, and developing homes for sale in Hawaii.
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