Pardee Resources Company Inc. (PDER)

Overview

Pardee Resources Company, Inc. stands as a seasoned entity in the realm of natural resources, with a history tracing back to 1840. Based in Philadelphia, Pennsylvania, the company has honed its expertise across a spectrum of sectors, including timber, oil and gas, coal, agriculture, and alternative energy. Operating through various subsidiaries, Pardee Resources has not only focused on owning and acquiring natural resource properties but has also been dedicated to their development and management. This multifaceted approach has allowed the company to establish a diversified asset portfolio across several states in the United States, including West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, and California, as well as extending its reach internationally to Portugal. The strategic management of these assets reflects the company's commitment to leveraging natural resources in a sustainable and profitable manner.

Products and Services

• Timber

The company is a significant operator in the hardwood timber sector, primarily focusing on the sustainable management and operation of timber and surface lands. This not only supports the environment but also contributes to the timber industry's supply chain.

• Oil and Gas

Pardee Resources owns and manages oil and gas assets, involving the exploration, development, and production of oil and gas reserves. This segment of their business taps into the energy sector, providing essential resources for various industries and consumers alike.

• Coal

The company's ownership and leasing of coal properties, encompassing both thermal and metallurgical reserves, place it as a key player in the energy sector. This involves managing coal mining operations that supply coal for energy production and steel manufacturing.

• Agriculture

Through owning land, mineral rights, and farmland, as well as managing agriculture leases, Pardee Resources contributes to the agriculture sector. This facet of their business supports food production and the agriculture industry's infrastructure.

• Alternative Energy

Embracing the future of energy, Pardee Resources is also invested in the development and management of alternative energy sources. This includes owning solar photovoltaic systems, highlighting the company's commitment to renewable energy and its benefits to the environment and society.