Welcome to our dedicated page for Hallador Energy Company news (Ticker: HNRG), a resource for investors and traders seeking the latest updates and insights on Hallador Energy Company stock.
Hallador Energy Company (Nasdaq: HNRG) generates a steady stream of news related to its combined coal and power operations. The company describes itself as a vertically integrated Independent Power Producer (IPP) based in Terre Haute, Indiana, with two core businesses: Hallador Power Company, LLC, which produces electricity and capacity at the approximately one gigawatt Merom Generating Station, and Sunrise Coal, LLC, which produces and supplies fuel to Merom and other companies. News about Hallador often centers on developments at this power plant and the coal operations that support it.
Investors following HNRG news can expect regular updates on financial and operating results, typically released through quarterly press releases that are also furnished on Form 8-K. These announcements detail segment performance in electric sales and coal sales, contracted positions for energy, capacity, and coal, and non-GAAP measures such as Adjusted EBITDA. They also discuss factors affecting results, such as maintenance outages at Merom, energy pricing environments, and coal production trends.
Hallador’s news flow also includes capital markets activity and development initiatives. Recent releases have covered underwritten public offerings of common stock and the use of an automatic shelf registration statement on Form S-3, with stated intentions to use proceeds for general corporate purposes, including potential commitments for equipment related to a planned additional natural gas generating facility. Other updates describe the company’s application into the Expedited Resource Addition Study (ERAS) program for additional natural gas generation adjacent to the Merom site.
Corporate governance and leadership changes are another recurring theme. Hallador has announced board appointments and executive transitions, including the appointment of a new chief financial officer and the addition of directors with experience in power markets and grid operations. Conference call and webcast notices accompany quarterly results, and the company also issues notices about participation in investor conferences. For readers tracking HNRG, this news page provides a centralized view of Hallador’s operational, financial, capital markets, and governance developments over time.
Hallador Energy (Nasdaq: HNRG) will hold a conference call on Wednesday, May 6, 2026 at 5:00 p.m. ET to discuss first quarter results for the period ended March 31, 2026. Management will present results, take questions, and the results will be released before the call.
Dial-in numbers, conference ID, and a live webcast with replay are available via the company’s investor relations website.
Hallador Energy (NASDAQ:HNRG) signed a three-year agreement to sell substantially all remaining accredited capacity for planning years 2026 through summer 2028 at record pricing.
The capacity is priced at approximately 2x the levels in the company's forward sales book and is expected to generate about $86 million of cumulative revenue over the term. Management says the pricing could support capacity revenues of roughly $130 million annually beginning in 2029, and that Merom's largely fixed cost structure should allow most incremental capacity revenue to flow to operating cash flow. The company also referenced progress on a proposed 515MW natural gas simple cycle project via the ERAS program.
Hallador Energy (Nasdaq: HNRG) reported full-year 2025 results with total revenue up 16% to $469.5M, operating cash flow up 23% to $81.1M, and Adjusted EBITDA rising ~3x to $56.0M. The company’s Merom ERAS application was accepted for a 515 MW gas expansion (~50% generation increase) with a ~$14M deposit and target completion by Q3 2029.
Hallador ended 2025 with $30.0M bank debt, $38.8M liquidity, ~$1.3B forward commitments through 2029, and closed a new $120M 3-year secured credit facility in March 2026.
Hallador Energy (Nasdaq: HNRG) closed a $120 million Senior Secured Credit Agreement on March 5, 2026, maturing March 5, 2029. The Facilities comprise a $75 million revolving credit facility and a $45 million delayed draw term loan facility.
The revolving facility includes a $25 million letters-of-credit sub-facility, a $10 million swingline, and an accordion feature to request up to $25 million incremental commitments. The Company plans to use proceeds to refinance its prior credit facility, provide working capital and support strategic growth. Texas Capital Bank serves as administrative agent; Old National Bank and First Financial Bank participated in the syndicate.
Hallador Energy (Nasdaq: HNRG) appointed Daniel Hudson to its Board, effective March 6, 2026, expanding the Board to seven members with six independent directors. Mr. Hudson brings over three decades in power generation and has led or advised on $35 billion in energy transactions.
Also effective March 6, 2026, Heath Lovell was promoted to Chief Operating Officer, retaining his roles as President of Hallador Power Company and Sunrise Coal and bringing operational leadership with prior regional coal operations experience and an MBA.
Hallador Energy (Nasdaq: HNRG) will hold a conference call on March 12, 2026 at 5:00 p.m. ET to discuss fourth quarter and full year results for the period ended December 31, 2025. A press release with results will be issued prior to the call.
Management will lead the call with Q&A. Interested parties may submit questions in advance to the investor relations team at HNRG@elevate-ir.com. Dial-in and live webcast registration links are available, and a replay will be hosted in the investor relations section at www.halladorenergy.com.
Hallador Energy (Nasdaq: HNRG) priced an underwritten public offering of 2,777,778 common shares at $18.00 per share, expected to raise approximately $50 million in gross proceeds before underwriting discounts, commissions and expenses. The underwriters have a 30-day option to buy up to an additional 416,666 shares. Closing is expected on or about January 15, 2026, subject to customary closing conditions. Net proceeds are intended for general corporate purposes, including funding initial financial commitments for a planned additional natural gas generating facility. Texas Capital Securities is sole bookrunner; Northland Capital Markets and A.G.P./Alliance Global Partners are co-managers.
Hallador Energy (Nasdaq: HNRG)/b) announced a proposed underwritten public offering of of common stock, with an underwriter option to purchase up to an additional 15% of the shares for 30 days. All shares will be sold by Hallador and the offering is subject to market conditions and may not be completed as described. Net proceeds are intended for general corporate purposes, including possible initial payments for reserve equipment to support a planned additional natural gas generating facility. Texas Capital Securities is sole bookrunner and Northland Capital Markets is co-manager. The offering uses an automatically effective Form S-3; a prospectus supplement will be filed with the SEC.
Hallador Energy (Nasdaq: HNRG) announced that Barbara Sugg was appointed to its Board of Directors effective January 1, 2026, replacing David Hardie, who resigned effective the same date.
With Sugg's election the Board remains at six members, five of whom are independent under Nasdaq standards. Sugg is the former President and CEO of Southwest Power Pool, where she led an organization of >800 employees, secured funding for joint transmission projects totaling approximately $2 billion, oversaw reliable integration of >10 gigawatts of energy resources, and led SPP's expansion into the western interconnection. She holds a BS in Computer Science and completed Harvard Business School's Advanced Management Program.
Hallador Energy (Nasdaq: HNRG) finalized its application to the Expedited Resource Addition Study (ERAS) program on Dec. 16, 2025, and made deposits totaling approximately $13 million as required.
The ERAS filing seeks an expedited pathway for up to 515 MW of natural gas generation adjacent to Hallador’s Merom Generating Station. The company said it is evaluating financing options, expects to secure generating infrastructure while the ERAS application is under review, and filed a prospectus supplement to raise up to $50 million of common stock under its existing ATM program.