Why invest in PENN
Pennant Petroleum does business the right way because we work as a team, compete to WIN, and care about our stakeholders, which include our customers, our communities where we work and live, our employees, and our investors. When investing with Pennant Petroleum, you can expect dependable execution of financial commitments, sustainable growth, strong commitment to doing business the right way with our stakeholders, and powering and delivering consistent results.Recognizing that environmental, social and governance transparency and disclosure is increasingly important to investors, we have advanced principles to provide portfolio managers, banks, and governance committees a means of comparing coal investments.
Coal is expected to be an essential source of global electricity generation and steelmaking for many decades to come. Today’s clean coal technologies can reduce sulfur dioxide, nitrogen oxides, particulate matter, mercury, and other emissions by 90 to 99 percent, enabling substantial improvement in air quality, even as coal use has greatly increased. High-efficiency, low-emissions plants reduce carbon dioxide emission rates by 20 to 30 percent compared to a less efficient plant of the same size. Longer-term investments in next-generation carbon capture, use and storage technologies are necessary to transition to the ultimate goal of near-zero emissions from coal. We understand that energy is vital to life, and we make it a top priority to follow standards consistent with the best-in-class coal companies.