Pantheon focuses on Alaska farm-out talks and shifts to calendar-year reporting
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Pantheon Resources is focusing on farm-out negotiations following board changes in March, with several interested parties reviewing data. The company expects to update the market on progress by the end of summer. Additionally, Pantheon has shifted its accounting reference date from June 30 to December 31 to better align with calendar-year planning and tax timetables. The latest analyst rating for PANR stock is a Buy with a £35.00 price target, although Spark's AI Analyst rates it as Neutral due to weak financial performance and valuation concerns.
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