Barnwell FY26 Q3 net loss narrows to $440,000; revenue rises to $3.38 million
Reuters2026/08/11 11:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Barnwell posted Q3 revenue of USD 3.38 million, up 33.29% from the prior quarter.
- Net loss narrowed to USD 403,000; net loss attributable to shareholders improved to USD 440,000, or USD 0.03 per share.
- Non-GAAP adjusted EBITDA turned positive at USD 425,000 versus a loss in the prior quarter.
- Oil and gas output rose 9% to 82,000 BOE; oil and natural gas operating results climbed to USD 757,000 on higher revenues.
- Ended the quarter debt-free with USD 4.47 million cash; rights plan expired July 29, while it weighs a potential sale of Canadian assets.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barnwell Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608110700ACCESSWRNAPR_____1206002) on August 11, 2026, and is solely responsible for the information contained therein.
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