{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-049628","form_type":"8-K","ticker":"BRN","cik":"0000010048","company_name":"BARNWELL INDUSTRIES INC","filed_at":"2024-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.313876+00:00","generated_at":"2026-05-29T02:41:45.243294+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Barnwell Industries reports FY 2024 net loss of $5.6M; revenue $21.7M","bullets":["Net loss of $1.88M in Q4 and $5.57M ($0.56/share) for FY 2024; revenue $4.27M Q4, $21.72M full year.","Non-cash impairment of oil and gas properties totaled $2.89M for the year, driven by lower 12-month rolling pricing.","Natural gas production up 6%, NGLs up 23% YoY; oil production flat. Operating costs down 6% to $9.85M.","New Twining development well averaged ~107 barrels/day in first two months; Matterhorn Pipeline expected to improve gas pricing.","Company exploring strategic alternatives for contract drilling subsidiary Water Resources, including possible sale or wind-down."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-049628","json":"https://secwatch.observer/filing/0001140361-24-049628.json","markdown":"https://secwatch.observer/filing/0001140361-24-049628.md","text":"https://secwatch.observer/filing/0001140361-24-049628.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10048/000114036124049628/0001140361-24-049628-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10048/000114036124049628/ef20040183_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:41:45.243294+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}