---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-047645"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:16:58.573590+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Barnwell reports FY2022 EPS $0.57 vs $0.73; Q4 loss; invests $5.1M in Permian Basin

## Summary
- FY2022 net earnings $5.5M ($0.57/share) down from $6.3M ($0.73); Q4 net loss $143,000 ($0.01/share).
- Oil & gas revenues more than doubled; oil production +24%, gas +39%, NGLs +100%; prices up 68%/77%/51%.
- Invested ~$5.1M for 15% non-operated working interest in two-well Permian Basin pad targeting Wolfcamp; production expected Q2 FY2023.
- Board suspended ATM program after selling 509,467 shares for net $2.36M in FY2022; working capital $11.2M including $12.8M cash.

## SEC filing metadata
- accession: 0001140361-22-047645
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036122047645/0001140361-22-047645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036122047645/brhc10046104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-047645
- JSON: https://secwatch.observer/filing/0001140361-22-047645.json
- Plain text: https://secwatch.observer/filing/0001140361-22-047645.txt

## Key facts
- Earnings Releases
  BARNWELL INDUSTRIES INC reported the quarter ended September 30, 2022 results: net income $143,000, EPS $0.01 per share.
  - Period: the quarter ended September 30, 2022
  - Net income: $143,000
  - EPS: $0.01 per share
  - Result: reported results
  source text: For the quarter ended September 30, 2022, Barnwell reported a net loss of $143,000, $0.01 per share, as compared to net earnings of $1,547,000, $0.16 per share, for the quarter ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/10048/000114036122047645/0001140361-22-047645-index.htm
- Earnings Releases
  BARNWELL INDUSTRIES INC reported the year ended September 30, 2022 results: net income $5,513,000, EPS $0.57 per share.
  - Period: the year ended September 30, 2022
  - Net income: $5,513,000
  - EPS: $0.57 per share
  - Result: reported results
  source text: Barnwell Industries, Inc. (NYSE American: BRN) today reported net earnings of $5,513,000, $0.57 per share, for the year ended September 30, 2022, as compared to net earnings of $6,253,000, $0.73 per share, for the year ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/10048/000114036122047645/0001140361-22-047645-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.