Welcome to our dedicated page for PARDEE RESOURCES CO news (Ticker: PDER), a resource for investors and traders seeking the latest updates and insights on PARDEE RESOURCES CO stock.
Pardee Resources Company Inc (OTC: PDER) is a diversified natural resources company headquartered in Philadelphia, Pennsylvania. The company engages primarily in the management and development of natural resources and renewable energy projects. Pardee Resources has a rich history of over 175 years, specializing in the sustainable management of lands for timber, coal, oil and gas production, and more recently, renewable energy projects.
With a strategic focus on long-term value creation, Pardee Resources has successfully diversified its portfolio through various ventures. The company manages extensive tracts of timberland across multiple states, providing a steady supply of quality wood products to the market. Additionally, Pardee Resources has substantial holdings in coal and oil and gas properties, ensuring a diversified income stream from mineral resources.
In recent developments, Pardee Resources has been expanding its investments in renewable energy, including solar and wind power projects. This forward-thinking approach aligns with global trends toward sustainable and environmentally friendly energy solutions. By leveraging its existing land assets for renewable energy projects, the company aims to contribute to a greener future while maintaining robust financial performance.
As of August 14, 2023, Pardee Resources announced administrative delays related to the distribution of its Second Quarter Report to shareholders. The report has been posted on the OTC Markets website and is accessible for review. Despite these delays, the company remains committed to transparency and timely communication with its shareholders.
Pardee Resources maintains a strong financial condition, supported by consistent revenue streams from its diverse portfolio. The company has forged strategic partnerships to enhance its operational capabilities and expand its market presence. These partnerships enable Pardee Resources to stay competitive in the ever-evolving natural resources and renewable energy sectors.
Overall, Pardee Resources Company Inc continues to adapt and grow, solidifying its position as a key player in the natural resources industry while embracing sustainable practices and innovative projects.
Pardee Resources Company (OTC: PDER) has announced a special year-end dividend of $25.00 per share. The dividend will be paid on December 19, 2024, to shareholders of record as of December 16, 2024. This special dividend is separate from and additional to the company's regular quarterly dividend payments.
Pardee Resources Company (OTC: PDER) has released its third quarter report, now available on the OTC Markets website. The company will also distribute the report to shareholders both electronically and via U.S. Mail in the coming days. The report includes both historical data and forward-looking statements regarding future events and results.
Pardee Resources Company (OTC: PDER) announced changes to its shareholder communication procedures starting with Q3 2024 Report. The company will first post notices, financial reports, and other materials on the OTC Markets website, followed by email and U.S. Mail distribution. Quarterly financial reports will be posted during the first week of May, August, and November, while annual reports will be available mid-April. The company will issue press releases when reports are posted on the OTC website.
Pardee Resources Company (OTC: PDER) announced plans to market approximately 47,000 acres of hardwood timberland in central and southern West Virginia, representing 30% of its timberland holdings. This move aims to rebalance the company's natural resource portfolio. There is no guarantee of receiving a satisfactory proposal or completing a sale on favorable terms. Pardee has not set a timetable for this initiative and will provide further updates only if deemed necessary. The statements in the press release include both historical information and forward-looking statements about future events and results.
Pardee Resources Company (OTC: PDER) has declared a special year-end dividend of $20.00 per share. This dividend will be paid on December 22, 2022, to shareholders on record by December 16, 2022. This special dividend complements the company's regular quarterly dividends, demonstrating its commitment to returning value to shareholders.
The declaration reflects the company’s robust financial position, though shareholders should stay alert to potential risks indicated in forward-looking statements regarding economic conditions.
Pardee Resources Company (OTC: PDER) announced that Harry G. Symons, Senior Vice President and Chief Financial Officer, will retire in May 2022. Steven J. Rolle joins as Senior Vice President of Finance effective January 4, 2022, and will succeed Symons as CFO. Carleton P. Erdman, President and CEO, praised Symons for his dedication and leadership over his 40-year career. Rolle brings nearly 30 years of experience in financial management and was previously CFO at 3SI Security Systems. The release also contained forward-looking statements about potential risks and economic conditions.
Pardee Resources Company (OTC: PDER) has declared a special year-end dividend of $15.00 per share, payable on December 23, 2021, to shareholders on record as of December 17, 2021. This dividend will be in addition to the company's regular quarterly dividends, showcasing its commitment to returning value to shareholders. The announcement reflects the company's financial health, although it also includes forward-looking statements that caution about potential risks and uncertainties affecting future results.
FAQ
What is the current stock price of PARDEE RESOURCES CO (PDER)?
What is the market cap of PARDEE RESOURCES CO (PDER)?
What does Pardee Resources Company Inc do?
Where is Pardee Resources Company Inc headquartered?
What recent developments has Pardee Resources Company Inc announced?
What are the core business areas of Pardee Resources Company Inc?
How does Pardee Resources Company Inc contribute to sustainability?
How long has Pardee Resources Company Inc been in operation?
What financial condition is Pardee Resources Company Inc in?
What is the significance of the Second Quarter Report for shareholders?
How can shareholders access the Second Quarter Report?
What strategic partnerships has Pardee Resources Company Inc formed?
