Pardee Resources Company Annual Report: Year Ended December 31, 2011

April 23, 2012

Pardee Resources Company (OTCPink: PDER.PK) reported revenues from operations for its year ended December 31, 2011 increased 2.8% to $56.76 million, compared to revenues from operations of $55.22 million for 2010.  Revenues from operations during 2012 benefited from

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Pardee Resources Company Announces Dividend Hike For 2012

March 3, 2012

Pardee Resources Company (OTCPink: PDER.PK) announced that the board of directors has voted to increase the the annual dividend 10% to $6.60 per share.  The next quarterly dividend payment will be $1.65 and it is payable on March 7, 2012 to shareholders of record, February 29, 2011. The company went on to say that 2011 […]

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Pardee Resources Third Quarter Earnings Slip Due to the Lack of a Special Option Payment

November 8, 2011

Revenue and net income for the third quarter ended September 30, 2011 at Pardee Resource Company (OTCPink: PDER.PK) lacked a special option payment of $7 million dollars in connection with a mineral lease. Including the option payment from 2010, revenues for the third quarter of 2011 fell

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Pardee Resources Continues to Run on Coal

August 10, 2011

It is no secret now that coal is playing a major role in the growth at Pardee Resources Company (OTC/Pink Sheets: PDER.PK – $265.00). The company recently reported its second quarter earnings and the story has not changed. Revenues came in at

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Pardee Resources Company: A Coal Play With Bonus Exposure To The Marcellus Shale, Timber, Real Estate And Renewable Energy

November 22, 2010

This is the first installment of the series of articles I promised to write in my earlier article titled Looking Through Pink Sheets For Value Investments. As much as the Pink Sheets can be a minefield of scams and risky investments, it can also be a treasure-trove of real companies that could easily trade on […]

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Coal Division Supports Strong First Half 2010 Report At Pardee Resources Company

August 9, 2010

Led by the coal division Pardee Resources Company (Pink Sheets: PDER – $197.50*) reported revenue of $22.472 million in the first six months of 2010 compared to $16.988 million for the same period in 2009. The coal division contributed $17.268 Million of the total. Net Income for the first six months of 2010 came in […]

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Pardee Resources Company Announces Receipt Of $7 Million Option Payment

August 3, 2010

Pardee Resources Company (Pink Sheets: PDER – $197.50*) announced today it received a special $7 Million option payment in connection with a mineral lease. This payment will add approximately $6.00 per share to the Company’s third quarter. The payment is in addtion to the Company’s regular royalty payments from on-going operations. *Price per share at […]

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Pardee Resources Dealt Blow By Louisiana Second Circuit Court Of Appeal

June 30, 2010

According to a press release earlier this month, the Louisiana Second Circuit Court of Appeal rendered a decision that reversed the summary judgment granted in favor of Pardee Resources Company (Pink Sheets: PDER) and its lessee concerning Pardee’s mineral servitude in the Kings Dome Field. Pardee Resouces is considering what action it might take in […]

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Pardee Resources Reports Lower Revenues And Income

May 17, 2010

Pardee Resources reports net income of $4.31 per share for the three months ended March 31, 2010. This compares to net income of $5.62 in the three months ended March 31, 2009. However, in 2009 the company received a one-time legal settlement of $1.5 million from an oil and gas lessee. Without this legal settlement, […]

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