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Pardee Earnings Drop 85% as Coal, Gas and Agriculture Weigh
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Pardee Earnings Drop 85% as Coal, Gas and Agriculture Weigh
RADNOR, PA — Pardee Resources Company (OTC: PDER) reported an 85% drop in second-quarter earnings attributable to shareholders as weaker coal and oil-and-gas operations, an agricultural impairment and the absence of a large prior-year asset-sale gain outweighed growth in alternative energy. Net income attributable to Pardee shareholders fell to $1.51 million, or $2.30 a share, from $9.85 million, or $15.07 a share, in the second quarter of 2025.…
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