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, 2022 $3.33 $2.70 December 31, 2023 $2.78 $2.06
March 31, 2023 $2.97 $1.89 March 31, 2024 $2.53 $2.15
June 30, 2023 $3.10 $2.47 June 30, 2024 $3.20 $2.30
September 30, 2023 $2.79 $2.18 September 30, 2024 $2.53 $2.12
Holders
As of December 13, 2024, there were 10,053,534 shares of common stock, par value $0.50, outstanding. As of December 13, 2024, there were approximately 80 shareholders of record and approximately 1,000 beneficial owners.
Dividends
No dividends were declared or paid during the year ended September 30, 2024. The following table sets forth the cash dividends paid per share of common stock during the year ended September 30, 2023.
Record Date Date of Payment Dividend Paid
August 24, 2023 September 11, 2023 $0.015
May 25, 2023 June 12, 2023 $0.015
February 23, 2023 March 13, 2023 $0.015
December 27, 2022 January 11, 2023 $0.015
The payment of future cash dividends will depend on, among other things, our financial condition, operating cash flows, and the level of our oil and natural gas capital expenditures and any other investments.
Securities Authorized for Issuance Under Equity Compensation Plans
See information included in Part III, Item 12, under the caption “Equity Compensation Plan Information.”
Stock Performance Graph and Cumulative Total Return
Disclosure is not required as Barnwell qualifies as a smaller reporting company.
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ITEM 6. [RESERVED]
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