Reviewing New Concept Energy (NYSE:GBR) and Barnwell Industries (NYSE:BRN)

Earnings and Valuation

This table compares Barnwell Industries and New Concept Energy”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Barnwell Industries	$13.70 million	1.00	-$5.57 million	($0.70)	-1.56
New Concept Energy	$153,000.00	25.29	-$20,000.00	($0.02)	-37.70

New Concept Energy has lower revenue, but higher earnings than Barnwell Industries. New Concept Energy is trading at a lower price-to-earnings ratio than Barnwell Industries, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Barnwell Industries has a beta of -0.56, meaning that its share price is 156% less volatile than the S&P 500. Comparatively, New Concept Energy has a beta of -0.04, meaning that its share price is 104% less volatile than the S&P 500.

Profitability

This table compares Barnwell Industries and New Concept Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Barnwell Industries	-34.01%	-48.90%	-22.57%
New Concept Energy	-25.85%	-0.83%	-0.82%

Insider and Institutional Ownership

40.7% of Barnwell Industries shares are owned by institutional investors. 17.6% of Barnwell Industries shares are owned by company insiders. Comparatively, 2.1% of New Concept Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

New Concept Energy beats Barnwell Industries on 7 of the 11 factors compared between the two stocks.

About Barnwell Industries

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. It also acquires and develops crude oil and natural gas assets in the province of Alberta, as well as invests in land interests in Hawaii. In addition, the company owns and operates threes water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; and drills water and water monitoring wells of varying depths. Further, it installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is based in Honolulu, Hawaii.

About New Concept Energy

New Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. is based in Dallas, Texas.