Barnwell Industries Company Profile - Sep 08, 2011

Document Sample
Barnwell Industries Company Profile - Sep 08, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Barnwell Industries, Inc.
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:LBC0                                  Key Data

   Barnwell Industries, Inc. (Barnell) operates in four business segments: oil and natural   Ticker:
   gas segment, land investment segment, residential real estate segment and contract        BRN
   drilling segment. The Company's oil and natural gas segment is engaged in oil and
   natural gas exploration, development, production and sales in Canada. Its land            2010 Sales:
   investment segment is engaged in investing in land interests in Hawaii. The
                                                                                             41,851,000
   residential real estate segment develops homes for sale in Hawaii. The Company's
   contract drilling segment provides well drilling services and water pumping system
   installation and repairs in Hawaii. During the fiscal year ended September 30, 2010       Major Industry:
   (fiscal 2010), Barnwell acquired undeveloped land in Seagram Lakes (1,584 net             Oil, Gas, Coal & Related
   acres), which is located in Saskatchewan. During fiscal 2010, Water Resources             Services
   International, Inc. (Water Resources) acquired the second GEFCO 40-T drill rig.
                       Stock Chart                                 Officers                  Sub Industry:
                                                          Chairman & Chief Executive         Exploration, Drilling Service
                                                               Morton H. Kinzler             & Equip

                                                          President & Chief Operating        Country:
                                                                     Officer                 United States
                                                               Alexander C. Kinzler
                                                                                             Currency:
                                                           Executive Vice President,         U.S. Dollars
                                                            Chief Financial Officer,
                                                            Secretary & Treasurer
                                                                                             Fiscal Year Ends:
                                                                Russell M. Gifford
                                                                                             September

                                                                                             Employees
                                                                                             46

                                                                                             Exchanges:
                                                                                             ASE

                                                                                             Share Type:
             Stock Price (9/2/2011): 3.77                                                    Common
              Recent stock performance
                  1 Week        3.0%
                                                                       
				
DOCUMENT INFO
Description: Barnwell Industries, Inc. (Barnell) operates in four business segments: oil and natural gas segment, land investment segment, residential real estate segment and contract drilling segment. The Company's oil and natural gas segment is engaged in oil and natural gas exploration, development, production and sales in Canada. Its land investment segment is engaged in investing in land interests in Hawaii. The residential real estate segment develops homes for sale in Hawaii. The Company's contract drilling segment provides well drilling services and water pumping system installation and repairs in Hawaii. During the fiscal year ended September 30, 2010 (fiscal 2010), Barnwell acquired undeveloped land in Seagram Lakes (1,584 net acres), which is located in Saskatchewan. During fiscal 2010, Water Resources International, Inc. (Water Resources) acquired the second GEFCO 40-T drill rig.
BUY THIS DOCUMENT NOW PRICE: $24.95 100% MONEY BACK GUARANTEED
PARTNER Wright Investors' Service
Wright Investors' Service is an internationally recognized investment management and financial advisory firm headquartered in Milford, Connecticut. For more than 40 years, Wright has used well-defined and sophisticated investment strategies to help institutions, plan sponsors, bank trust departments, trust companies and individual investors achieve their financial objectives through a sensible approach to managing assets that balances risk and return.