PDERPardee Resources Co.

About Pardee Resources Co. (PDER)

Pardee Resources Co. (PDER) is a Oil & Gas Equipment & Services company headquartered in Philadelphia, PA, United States whose shares trade over-the-counter on the Pink tier.

Pardee Resources Company (the Company) is a natural resources company that conducts its business through its subsidiaries principally in the timber, oil and gas, coal, agriculture, and alternative energy industries. The Company's subsidiaries own land, mineral rights, farmland, agriculture leases, and solar photovoltaic systems, principally in West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, California, and Portugal. Through its subsidiaries, the Company grants timber-cutting rights on certain of its properties, leases certain of its properties to third parties for coal mining and processing, grows table grapes and almonds, leases properties to third parties for oil and gas exploration and production and operates solar photovoltaic systems. The Company owns a 55% interest in an almond tree farm limited liability company (LLC). The Company also owns an 85% interest in a grape ranch limited liability company (LLC). Also, through its subsidiaries, the Company owns developed and undeveloped oil and gas rights and participates in oil and gas prospects on properties leased from third parties.

Products and services

Pardee Resources Company (the Company) is a natural resources company that conducts its business through its subsidiaries principally in the timber, oil and gas, coal, agriculture, and alternative energy industries. The Company's subsidiaries own land, mineral rights, farmland, agriculture leases, and solar photovoltaic systems, principally in West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, California, and Portugal. Through its subsidiaries, the Company grants timber-cutting rights on certain of its properties, leases certain of its properties to third parties for coal mining and processing, grows table grapes and almonds, leases properties to third parties for oil and gas exploration and production and operates solar photovoltaic systems. The Company owns a 55% interest in an almond tree farm limited liability company (LLC). The Company also owns an 85% interest in a grape ranch limited liability company (LLC). Also, through its subsidiaries, the Company owns developed and undeveloped oil and gas rights and participates in oil and gas prospects on properties leased from third parties.

PDER key facts

Ticker symbol

PDER

Market tier

Pink

Sector

Energy

Industry

Oil & Gas Equipment & Services

Headquarters

Philadelphia, PA, United States

Country of incorporation

US

Year of incorporation

1989

Employees

22

Estimated market cap

$195.28M (as of Apr 16, 2025)

Shares outstanding

650,938

Reporting standard

Alternative Reporting Standard

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Pardee Resources Co. leadership

• Carleton P. Erdman — President, CEO
• Steven J. Rolle — CFO, Senior VP
• Jeffrey W. Wagner — Senior VP, General Counsel, Corporate Secretary
• Jeffery W. Allen — Senior VP
• Stephen D. Harp — Senior VP
• Linda Dougherty — VP, Shareholder Rel., Assistant Corporate Secretary, Head of IR
• Walter L. Stroud — Vice President
• Linda M. Thorpe — Vice President, Assistant Corporate Secretary

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