earnings
confidence high
sentiment neutral
materiality 0.55
Barnwell Q2 net loss narrows to $0.09/share; revenue $2.535M
BARNWELL INDUSTRIES INC
2026-Q2 EPS reported
-$0.22
revenue$5,281,000
- Q2 FY2026 revenue $2.535M, net loss attributable to shareholders $1.150M ($0.09/share), improving from $1.426M loss ($0.13/share) in prior quarter.
- Cash G&A declined 8% sequentially to $1.392M; salaries, wages & bonuses down 26% QoQ as Houston HQ transition completes.
- Oil & gas operating results improved $119K to positive $87K; company remained debt-free with $4.016M cash and $2.152M working capital.
- Canadian oil & gas sale process ongoing; company evaluating strategic alternatives across broader industries, not limited to energy.