Hallador Energy Company Stock Price, News & Analysis

Hallador Energy Company (HNRG) will release its second quarter 2021 financial results on August 9, 2021. The results will be available on Form 10-Q after market hours. An investor conference call and webcast will follow on August 10, 2021, at 2:00 p.m. ET to discuss these results. Participants can join the call via toll-free numbers provided for domestic and Canadian callers. The replay will be available until August 17, 2021. Hallador, through its subsidiary Sunrise Coal, operates in the coal production sector for electric power generation.

Hallador Energy Company (NASDAQ – HNRG) has announced a collaboration with Hoosier Energy to develop up to 1000 megawatts of renewable energy near the Merom Coal Generation Station in Sullivan, Indiana, which Hoosier plans to retire in May 2023. Hallador aims to generate approximately 200MW from solar and battery storage by 2025 through power purchase agreements. This move signifies Hallador's commitment to transitioning towards renewable energy and supporting customer needs amidst coal plant retirements, ultimately benefiting shareholders and the community.

Hallador Energy Company (NASDAQ – HNRG) reported a net loss of $1.0 million ($0.03 per share) for Q1 2021, a significant improvement compared to a loss of $3.7 million in Q1 2020. Adjusted EBITDA decreased to $11.4 million from $13.9 million year-over-year. The company faced shipment delays due to severe cold weather, impacting cash flow, but projected an increase in coal sales by 400,000 tons for the year. Production costs fell to $28.88 per ton from $31.67 in Q1 2020. As of March 31, 2021, bank debt stood at $136.1 million, with a leverage ratio of 2.78X.

Hallador Energy Company (HNRG) will release its first quarter 2021 financial results on May 3, 2021, after market close. An earnings conference call is scheduled for May 4, 2021, at 2:00 p.m. ET, where management will discuss the results. Investors can participate via a toll-free domestic line or through a webcast available on the company's website. Replay options will be available until May 11, 2021. Hallador operates through its subsidiary, Sunrise Coal, and produces coal primarily for the electric power generation sector.

Hallador Energy Company (HNRG) reported a net loss of $6.2 million for 2020, a significant improvement from $59.9 million the previous year. The company achieved $52.6 million in positive operating cash flow, using it to reduce bank debt by 24% ($42.4 million), bringing total bank debt to $137.7 million. Shipments totaled 6.0 million tons with an average price of $40.56 per ton. Extended contracts with customers are expected to aid future sales. The company maintains liquidity of $51.8 million and is positioned well for recovery in energy markets.

Hallador Energy Company plans to release its fourth quarter and full-year 2020 financial results on Form 10-K after market close on March 8, 2021. Management will host a conference call and webcast on March 9, 2021, at 2:00 p.m. ET to discuss these financial results. The call will be available on their website and through respective domestic and Canadian toll-free numbers. The conference replay will be accessible until March 15, 2021.

Hallador Energy Company (HNRG) announced on December 21, 2020, that it has regained compliance with Nasdaq's minimum bid price requirement. The notification, received on December 17, confirmed that HNRG's common stock closing bid price was at or above $1.00 for ten consecutive business days. This compliance reinstatement indicates stability in the company's stock performance, and Nasdaq has now closed this matter.

Hallador Energy Company (NASDAQ – HNRG) reported a net income of $1.9 million, equating to $0.06 per share for Q3 2020. The company has successfully reduced its bank debt by $33 million this year, aiming for a total reduction of 20%-25%. Operating cash flow was reported at $34.1 million, with coal shipments expected to improve in Q4. As of September 30, liquidity was $52.7 million and leverage stood at 2.46X, comfortably below the 3.5X covenant. Despite economic uncertainties due to COVID-19, Hallador maintains a strong contracted sales position through 2022.

Hallador Energy Company (HNRG) plans to release its third quarter 2020 financial results on Form 10-Q after market close on November 2, 2020. An investor conference call will take place on November 3, 2020, at 2:00 p.m. ET to discuss the results. The call will be accessible via a live webcast and through dial-in options for domestic and Canadian callers. Replay options will be available until November 10, 2020.

Hallador, through its subsidiary Sunrise Coal, produces coal for the electric power generation industry.