Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
The principal market on which Barnwell’s common stock is being traded is the NYSE American under the ticker symbol “BRN.” The following tables present the quarterly high and low sales prices, on the NYSE American, for Barnwell’s common stock during the periods indicated:
Quarter Ended High Low Quarter Ended High Low
December 31, 2019 $1.11 $0.30 December 31, 2020 $1.99 $0.76
March 31, 2020 $2.68 $0.30 March 31, 2021 $6.99 $1.25
June 30, 2020 $2.10 $0.44 June 30, 2021 $4.34 $2.02
September 30, 2020 $1.64 $0.66 September 30, 2021 $3.59 $2.00
Holders
As of December 10, 2021, there were 9,445,625 shares of common stock, par value $0.50, outstanding. As of December 10, 2021, there were approximately 80 shareholders of record and approximately 1,000 beneficial owners.
Dividends
No dividends were declared or paid during fiscal years 2021 or 2020. The payment of future cash dividends will depend on, among other things, our financial condition, operating cash flows, the amount of cash inflows from land investment activities, and the level of our oil and natural gas capital expenditures and any other investments.
Securities Authorized for Issuance Under Equity Compensation Plans
None.
Stock Performance Graph and Cumulative Total Return
Disclosure is not required as Barnwell qualifies as a smaller reporting company.
ITEM 6. SELECTED FINANCIAL DATA
Disclosure is not required as Barnwell qualifies as a smaller reporting company.
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