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 (HNRG) delivers essential energy solutions through coal production and expanding electric operations. This news hub provides investors and industry observers with direct access to strategic developments from the Indiana-based company transitioning within the evolving energy landscape.
Track comprehensive updates including production milestones, operational expansions, and market positioning strategies. Our curated collection features earnings announcements, partnership developments, and regulatory updates that shape HNRG's dual focus on traditional steam coal production and emerging electric generation capabilities.
Discover timely information on mine operations, energy capacity contracts, and sustainability initiatives. This resource serves analysts monitoring coal market dynamics and investors evaluating HNRG's strategic shift toward diversified energy production. Bookmark this page for streamlined access to verified updates from Hallador Energy's corporate communications and official filings.
Hallador Energy Company (Nasdaq: HNRG) has scheduled its third quarter 2024 earnings conference call for Tuesday, November 12, 2024, at 5:00 p.m. Eastern time. The company will release its financial results for the quarter ended September 30, 2024, before the call. Management will host the conference call followed by a Q&A session. Investors can submit questions in advance via email to HNRG@elevate-ir.com. The call will be accessible through dial-in registration and webcast, with replay available in the investor relations section of the company's website.
Hallador Energy Company (HNRG) reported Q2 2024 financial results with total revenue of $90.9 million and a net loss of $10.2 million or $(0.27) per share. The company generated $23.5 million in operating cash flow but faced an Adjusted EBITDA loss of $(5.8) million. Challenging market conditions for spot electricity sales due to surplus natural gas inventory impacted performance.
Despite challenges, Hallador strengthened its balance sheet, reducing total bank debt to $45.5 million and improving total liquidity to $60.7 million. The company secured a $45 million prepayment for an 11-month forward power sale, representing 22% of projected annual output. Hallador continues to focus on electric sales as an independent power producer and has total forward energy and capacity sales of $871.7 million through 2029.
Hallador Energy Company (Nasdaq: HNRG) has scheduled its Second Quarter 2024 Conference Call for August 6, 2024, at 5:00 p.m. ET. The company will discuss its financial results for the quarter ended June 30, 2024. A press release detailing the results will be issued prior to the call. Management will host the conference call, which will be followed by a question-and-answer session.
Interested parties can submit questions in advance via email to HNRG@elevate-ir.com. The call can be accessed via phone or webcast, with replay options available on the company's investor relations website. For any connection issues, Elevate IR can be contacted at (720) 330-2829.
Hallador Energy Company reported a net loss of $1.7 million, $(0.05) basic earnings per share, operating cash flow of $16.4 million, and adjusted EBITDA of $6.8 million for Q1 2024. The company is transitioning to an independent power producer, with Electric Operation revenue surpassing Coal Operation revenue. Forward sales book increased to $657.0 million, supporting the shift. Coal Division restructuring aims to improve margins. Solid forward sales position and revenue contracts through 2029 reflect positive growth.
Hallador Energy Company will announce its first quarter 2024 financial results on May 6, 2024, followed by a conference call on May 7, 2024. The call will be webcast live on their website.
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