Welcome to our dedicated page for Hallador Energy Company SEC filings (Ticker: HNRG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Hallador Energy Company (Nasdaq: HNRG) SEC filings page on Stock Titan brings together the company’s regulatory disclosures, including annual and quarterly reports and current reports on Form 8-K. Hallador is an energy company based in Terre Haute, Indiana that describes itself as a vertically integrated Independent Power Producer (IPP) 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. Its filings provide detailed insight into both the coal and electric operations segments.
Through Hallador’s Forms 10-K and 10-Q, investors can review segment information for Coal Operations and Electric Operations, including electric sales, coal sales to third parties, contracted revenue, contract liabilities, and capital expenditures. The company’s balance sheets disclose assets such as land and mineral rights, buildings and equipment, mine development, and finance lease right-of-use assets, along with liabilities including bank debt, lease financing, asset retirement obligations, and contract liabilities. Non-GAAP measures like Adjusted EBITDA are reconciled to GAAP metrics within these reports.
Hallador also uses Form 8-K to furnish press releases on quarterly financial and operating results. Recent 8-K filings reference second and third quarter results, with attached exhibits detailing revenue by segment, net income, operating cash flow, and forward energy, capacity, and coal sales to third-party customers. Other filings relate to capital markets activity, such as the use of an automatic shelf registration statement on Form S-3 and prospectus supplements for public offerings of common stock.
On Stock Titan, users can access these filings as they are made available through the SEC’s EDGAR system and take advantage of AI-powered summaries that explain the key points of lengthy documents. The platform highlights important items in Hallador’s 10-K and 10-Q reports, clarifies the implications of 8-K disclosures, and makes it easier to track how developments such as the ERAS application for additional natural gas generation and equity offerings are reflected in the company’s regulatory record.
BlackRock, Inc. has disclosed a significant ownership stake in Hallador Energy Co common stock. As of 12/31/2025, BlackRock reports beneficial ownership of 2,270,441 shares, representing 5.2% of Hallador’s outstanding common stock. It has sole power to vote 2,229,176 shares and sole power to dispose of 2,270,441 shares, with no shared voting or dispositive power.
The filing explains that these holdings are attributed to certain BlackRock business units, and that various underlying clients or investors have the right to receive dividends or sale proceeds, with no single such person exceeding 5% of Hallador’s common shares. BlackRock certifies that the position was acquired and is held in the ordinary course of business, and not for the purpose of changing or influencing control of Hallador Energy.
Hallador Energy (HNRG) director reports no share ownership. Barbara Ann Sugg, identified as a director of Hallador Energy Company, filed an initial Form 3 stating that she beneficially owns no non-derivative or derivative securities of the company. The statement relates to an event dated 01/01/2026 and confirms that, as of that date, she did not hold Hallador Energy stock or related derivative instruments in either direct or indirect form.
Hallador Energy director Zarrell Gray reported buying additional company stock. On January 14, 2026, Gray purchased 13,888 shares of Hallador Energy common stock at $18 per share in connection with a firm commitment underwritten offering. After this transaction, Gray directly owned 76,480 common shares of the company. The filing was made on a Form 4, which discloses changes in insider ownership.
Hallador Energy director Wesley Charles Ray IV reported an insider purchase of the company’s common stock. On January 14, 2026, an entity associated with him, the Charles R. Wesley IV Revocable Trust, purchased 55,555 shares of Hallador Energy common stock at $18 per share in connection with a firm commitment underwritten offering.
After this transaction, the trust held 323,469 common shares indirectly, while Wesley Charles Ray IV also held 93,862 common shares directly in his own name.
Hallador Energy Company reported that it has terminated its at-the-market equity program with B. Riley Securities, which had allowed sales of up to $100,000,000 of common stock. The termination is effective January 18, 2026 and does not trigger any penalties, meaning the company will no longer sell shares through that facility.
The company also entered into an underwriting agreement with Texas Capital Securities for an underwritten public offering of 2,777,778 shares of common stock, with a 30-day option for underwriters to buy up to 416,666 additional shares. The underwriters exercised this option in full, and the offering closed on January 15, 2026. Hallador Energy received net proceeds of approximately $53.6 million from the stock sale, after underwriting discounts, commissions and other offering expenses.
Hallador Energy Company is offering 2,777,778 shares of common stock at $18.00 per share, with expected net proceeds of about $46.6 million, or $53.6 million if underwriters fully exercise a 416,666-share option. The shares are listed on Nasdaq under “HNRG.” The company plans to use the cash for general corporate purposes, which may include initial financial commitments to reserve equipment for a planned additional natural gas generating facility next to its Merom power plant. After the offering, Hallador expects to have 46,498,457 shares outstanding, or 46,915,123 shares if the underwriter option is fully exercised.
Hallador Energy Company plans to raise $50,000,000 through a primary offering of common stock listed on the Nasdaq Capital Market under the symbol HNRG, with underwriters holding a 30-day option to purchase up to an additional $7,500,000 of shares. The company expects to use the net proceeds for general corporate purposes, including initial financial commitments to reserve equipment for a planned additional natural gas generating facility.
Hallador recently had its application accepted into MISO’s Expedited Resource Addition Study program for a potential 515 MW natural gas project adjacent to its Merom Generating Station, which it targets to bring online in late 2028, subject to a 6- to 9‑month review and significant construction, regulatory and financing risks. The company has also received commitments for new senior credit facilities consisting of a $75.0 million revolving credit facility and a $45.0 million delayed draw term facility, intended to refinance an existing credit agreement and provide working capital, though closing remains subject to customary conditions and may not occur.
Hallador Energy Company has filed an automatic shelf registration statement on Form S-3ASR as a well-known seasoned issuer, allowing it to offer various securities from time to time after effectiveness. The base prospectus covers potential issuances of common stock, preferred stock, depositary shares, debt securities, warrants, subscription rights, purchase contracts and units, with specific terms and pricing to be detailed in future prospectus supplements.
Hallador expects to use any net proceeds, unless stated otherwise in a supplement, for general corporate purposes. The company is a vertically integrated power and coal business operating primarily in Indiana through its Sunrise coal mining subsidiary and its wholly owned 1,080 MW Merom coal-fired power plant, which sells energy and capacity into the MISO market. Hallador’s common stock trades on the Nasdaq Capital Market under the symbol HNRG, and the last reported sale price was $20.29 on January 12, 2026. As of September 30, 2025, there were 43,012,620 shares of common stock outstanding.
Hallador Energy Company is updating its at-the-market common stock program to permit sales of up to
The company has already sold Common Stock for aggregate gross proceeds of approximately
Hallador Energy (HNRG) director reports insider stock purchase. Director Charles R. Wesley IV, through the Charles R. Wesley IV Revocable Trust, bought 13,000 shares of Hallador Energy common stock on 11/21/2025 at a price of $19.2819 per share, in an open-market purchase reported with transaction code "P".
Following this transaction, the trust now beneficially owns 247,914 Hallador Energy shares indirectly, while Wesley also holds 91,270 shares directly. The filing is made by a single reporting person and reflects increased insider ownership, with no derivative securities reported.