---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-039317"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T13:43:59.340379+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Barnwell Industries Q3 net loss $717k vs prior-year profit; declares $0.015 dividend

## Summary
- Net loss of $717k ($0.07 per share) for Q3 ended June 30, 2023, vs net earnings of $2,531k ($0.25) in prior year.
- Oil, natural gas, and NGL prices fell 37%, 72%, and 46% YoY, driving the loss; equity income from affiliates down $433k.
- Production increased: oil +13%, natural gas +30%, NGL +23% YoY, aided by new Permian Basin and Twining wells.
- Board declared a cash dividend of $0.015 per share, payable Sept 11, 2023 to holders of record Aug 24, 2023.
- Working capital $1,581k, cash $2,572k; management cites improved commodity pricing and Twining development for future results.

## SEC filing metadata
- accession: 0001140361-23-039317
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036123039317/0001140361-23-039317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036123039317/brhc20057410_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-039317
- JSON: https://secwatch.observer/filing/0001140361-23-039317.json
- Plain text: https://secwatch.observer/filing/0001140361-23-039317.txt

## Key facts
- Earnings Releases
  BARNWELL INDUSTRIES INC reported the three and nine months ended June 30, 2023 results: net income net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended June 30, 202, EPS $0.07 per share, and $0.09 per share.
  - Period: the three and nine months ended June 30, 2023
  - Net income: net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended June 30, 202
  - EPS: $0.07 per share, and $0.09 per share
  - Result: reported results
  source text: Barnwell Industries, Inc. (NYSE American: BRN) today reported net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended June 30, 2023, respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/10048/000114036123039317/0001140361-23-039317-index.htm

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