Here are the 10-K annual reports from Hallador Energy Company (HNRG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow HNRG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HNRG filings page.
Hallador Energy Company files its annual report outlining its role as a vertically integrated independent power producer and coal supplier centered in Indiana. The company owns the 1,080 MW coal‑fired Merom plant within MISO and operates Sunrise underground mines in the Illinois Basin.
Electric operations sell accredited capacity and energy through long‑term contracts and wholesale markets, while coal operations supply Merom and third‑party utilities across the Midwest and Southeast. As of June 30, 2025, public float was valued at $520,726,758, and as of March 10, 2026, shares outstanding were 47,023,495.
Hallador highlights heavy environmental, safety and regulatory oversight from FERC, MSHA, OSHA, EPA and others, extensive permitting and bonding requirements, and evolving climate and water rules that could raise costs or constrain coal‑fired generation. It also discloses customer concentration, long‑term coal and power contracts through 2028, prior coal asset impairments and ongoing credit, ESG, cyber and climate‑transition risks.