Pardee Resources Reports Q2 2020 Results

In June we posted Pardee's annual meeting slides. Also see our recent posts on Pardee's 2019 annual report and its share repurchases. We just received the second quarter (2020) report for Pardee:

Quick takeaways: met coal was idled because of covid, so their coal division income fell from $8.3 million for the first half of 2019 to $2.4 million for the first half of 2020. Oil and gas division and timber were both down as well. Interestingly, the alternative energy division produced more power and had higher revenue than in the year prior.

We will have more to say about Pardee in the November Issue of the Oddball Stocks Newsletter.

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