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Barnwell Industries is an off-the-beaten path company and clearly thereâs risk here that management and the board do not perform and take a status quo approach. In such a small company, with so many different kinds of businesses as moving parts, thatâs a big concern. But, this is a great candidate for activism.
Targeting Barnwell Industries. By Eric Jackson June 2, 2008 Barnwell Industries (BRN) should get an award for having the most moving parts for such a relatively small business. It is a $100 million company with natural gas holdings in Western Canada, a land investment business on the Big Island of Hawaii, and water contract drilling business.