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) 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.
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.
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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.