Welcome to our dedicated page for Pardee Res Co news (Ticker: PDER), a resource for investors and traders seeking the latest updates and insights on Pardee Res Co stock.
Pardee Resources Company (OTC: PDER) is a resource-focused company in the bituminous coal and lignite surface mining industry, with activities that extend to timberland, oil and gas interests, and renewable energy investments as described in its announcements. The PDER news page on Stock Titan aggregates these official press releases and related coverage so readers can see how the company manages and reallocates its resource portfolio over time.
Recent news items show Pardee Resources Company reporting on capital allocation decisions, such as special year-end dividends declared by its Board of Directors in addition to regular quarterly dividends. Other releases describe asset sales, including the divestiture of non-revenue producing oil and gas interests in Elk and Cameron Counties, Pennsylvania, as well as decisions to retain and continue managing hardwood timberland tracts in central and southern West Virginia after a marketing process concluded without a sale.
The company also issues news about its financial reporting cycle, announcing when first, second, and third quarter reports and the annual report are posted on the OTC Markets disclosure platform and distributed to shareholders. In the renewable energy area, press releases highlight investments by its subsidiary, Pardee Renewable Energy LLC, in partnerships that intend to install solar photovoltaic systems on public school rooftops in Roanoke, Virginia.
By following this news feed, investors and researchers can review how Pardee Resources Company communicates its dividend decisions, asset management choices, renewable energy initiatives, and regular reporting updates. Bookmark this page to access a consolidated view of PDER-related announcements as they are released.
Pardee Resources Company (OTC: PDER) said a West Virginia jury awarded $16.0 million to Big Huff Minerals LLC and its coal lessee for coal value under transmission towers. The court previously found the lessee would incur $58.0 million in added mining costs, creating a potential $74.0 million judgment plus ~$10.0 million prejudgment interest. Pardee expects its share to be ~33%, but the utility may seek reversal or appeal and collection is uncertain.
Pardee Resources Company (OTC: PDER) declared a special year-end dividend of $15.00 per share, payable on December 18, 2025 to shareholders of record on December 15, 2025. This special dividend is in addition to the company's regular quarterly dividends.
The announcement contains forward-looking statements and a standard caution about risks, uncertainties, and no obligation to update those statements.
Pardee Resources Company (OTC: PDER) posted its third quarter report on the OTC Markets disclosure page on Nov. 4, 2025 and will distribute the report to shareholders electronically and by U.S. Mail in the next several days.
The release includes historical information and contains forward-looking statements subject to risks, uncertainties, and economic conditions that could cause actual results to differ materially; the company disclaims any obligation to update those statements.
Pardee Resources Company (OTC: PDER) has announced the posting of its second quarter report on the OTC Markets website. The report will be distributed to shareholders both electronically and via U.S. Mail in the coming days.
The company included standard forward-looking statements disclaimers, noting that future developments and results may differ from expectations due to various risks, uncertainties, and economic conditions.
Pardee Resources Company (OTC: PDER) has announced a significant renewable energy investment through its subsidiary, Pardee Renewable Energy LLC. The company will invest $15.2 million for a 90% equity stake in four renewable energy partnerships focused on installing solar photovoltaic systems.
The project involves installing 4.6 MW capacity solar PV systems on nine public schools in Roanoke, Virginia, partnering with Secure Solar Futures. The investment will be partially funded through $8.3 million in commercial bank loans at the partnership level and qualifies for federal investment tax credits. Installation is scheduled for completion in Q4 2025.
Pardee Resources Company (OTC: PDER) announced the posting of its first quarter report for 2025 on the OTC Markets website. The company will distribute the report to shareholders both electronically and via U.S. Mail in the coming days.
Pardee Resources Company (OTC: PDER) has announced the conclusion of its marketing initiative for approximately 47,000 acres of hardwood timberland in central and southern West Virginia without completing a sale. The company received multiple offers for the timber properties but deemed none of them acceptable.
President and CEO Carleton P. Erdman stated that the company will continue to manage these properties for shareholder benefit. The decision comes after a strategic review of the potential sale opportunities, with the company ultimately choosing to maintain ownership of these significant timber assets.
Pardee Resources Company (OTC: PDER) has announced the completion of a significant divestment, selling approximately 8,800 acres of oil and gas interests in Elk and Cameron Counties, Pennsylvania for $10 million. The divested assets, which were originally acquired over a century ago, were non-revenue producing and considered non-strategic to the company's operations, according to President and CEO Carleton P. Erdman.
Pardee Resources Company (OTC: PDER) has announced the publication of its 2024 Annual Report, which is now available for review on the OTC Markets website. The company plans to distribute the report to shareholders through both electronic means and U.S. Mail in the near future.
The announcement includes standard forward-looking statements disclaimers, noting that while the company makes judgments and has future expectations about its business, actual results may differ materially due to various risks, uncertainties, and economic conditions.
Pardee Resources Company (OTC: PDER) has announced the posting of a regular shareholder communication on the OTC Markets website. The company will distribute this communication to shareholders both electronically and via U.S. Mail in the coming days.
The announcement includes standard forward-looking statements disclaimers, noting that while these statements represent current judgments and expectations about their business, actual results may differ materially due to various risks, uncertainties, and economic conditions.
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