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.
Hallador Energy (HNRG) reported stronger results for the quarter ended September 30, 2025. Revenue rose to $146.8 million from $105.2 million a year ago, and net income increased to $23.9 million from $1.6 million. For the nine months, revenue was $367.5 million versus $310.8 million, with net income of $42.1 million compared to a $10.3 million loss in the prior-year period.
Electric sales were $93.2 million and coal sales were $51.3 million in Q3. Operating cash flow for the nine months was $73.0 million; capital expenditures were $44.3 million. Liquidity totaled $46.4 million, including $33.8 million of revolver availability and cash. Bank debt was $44.0 million at quarter-end at an all-in rate of 9.27%. A third amendment to the credit agreement deferred certain covenants to Q3 2025 and moved the $6.0 million October 2025 and $6.5 million January 2026 payments to January 2026, with full repayment of the term loan by March 2026 funded from restricted cash.
The company executed prepaid, physically delivered power contracts of $35.0 million and $20.0 million, and ended with contract liabilities of $147.6 million. Management is in discussions to refinance the facility and remained in covenant compliance as of September 30, 2025.
Hallador Energy Company furnished a Form 8-K to announce it issued a press release with third quarter 2025 financial and operating results. The press release is included as Exhibit 99.1 and incorporated by reference in the 8-K.
The company states the information furnished under Item 2.02, including Exhibit 99.1, is not deemed “filed” under the Exchange Act and will not be incorporated by reference into other filings unless specifically referenced.
Hallador Energy (HNRG): Director David C. Hardie reported open‑market sales of company stock on 10/01/2025. He sold 75,000 shares at a weighted average price of $19.7596 through Hallador Alternative Assets Fund LLC and 25,000 shares at a weighted average price of $19.7596 through the David Hardie Separate Property Trust.
Following these transactions, he beneficially owned 1,584,929 shares indirectly via Hallador Alternative Assets Fund LLC and 21,072 shares indirectly via the David Hardie Separate Property Trust.
David C. Hardie, a director of Hallador Energy Company (HNRG), reported sales of common stock on September 29 and September 30, 2025. The Form 4 shows four sale transactions totaling 173,783 shares sold: 55,337 and 18,446 shares on 09/29/2025 at a weighted average price of $19.6484, and 75,000 and 25,000 shares on 09/30/2025 at a weighted average price of $19.5285. After the transactions, the Form 4 reports beneficial ownership of 1,659,929 shares indirectly by Hallador Alternative Assets Fund LLC and 46,072 shares indirectly by the David Hardie Separate Property Trust. The filing is signed by Mr. Hardie on 10/01/2025 and includes footnotes disclosing the price ranges underlying the weighted averages and an offer to provide share-by-share pricing information on request.
Todd E. Telesz, Chief Financial Officer of Hallador Energy Co. (HNRG), received a grant of 24,907 restricted stock units (RSUs) reported as a non-derivative transaction on 09/26/2025. Each RSU represents a contingent right to one share of common stock and the reporting person is shown as the direct beneficial owner of the 24,907 shares following the award. The RSUs vest in three scheduled tranches: 8,219 on June 23, 2026; 8,219 on June 23, 2027; and 8,469 on June 23, 2028, subject to continued service through each vesting date. The award also vests in full upon a Change in Control, and shares will be delivered under the company’s 2nd Amended and Restated 2008 RSU Plan.
David C. Hardie, a director of Hallador Energy Co. (HNRG), reported multiple open-market sales of the companys common stock on Sept. 25-26, 2025. The filings show four sale transactions: 26,236 and 8,746 shares sold on 09/25/2025 at a weighted average price of $19.8168 (individual trade prices ranged $19.40$19.995), and 58,401 and 19,467 shares sold on 09/26/2025 at a weighted average price of $19.1815 (individual trade prices ranged $19.10$19.53). After these transactions the Form 4 reports beneficial indirect ownership of 1,790,266 shares held by Hallador Alternative Assets Fund LLC and 89,518 shares held by the David Hardie Separate Property Trust. The filer notes willingness to provide detailed per-trade quantities on request.
David C. Hardie, a director of Hallador Energy Company (HNRG), reported multiple sales of Common Stock on September 22–23, 2025. The filings show four dispositions totaling 85,429 shares sold across the two days at weighted-average prices of approximately $19.2546 and $19.0845. After these transactions, beneficial ownership is reported as 1,874,903 shares held indirectly by Hallador Alternative Assets Fund LLC and 117,731 shares held indirectly by the David Hardie Separate Property Trust. The filer certified willingness to provide detailed per-price sale information on request.
Form 144 filed for Hallador Energy Company (HNRG) by an individual planning an open-market sale of 139,089 common shares, with an aggregate market value of $3,059,000.00 through National Financial Services LLC on 08/17/2025 via NASDAQ. The securities were acquired by inheritance on 12/31/1996 from Robert Hardie, father. The filer reported a prior sale of 30,380 shares on 05/19/2025 generating $578,684.32 in gross proceeds. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and a signature block warning about false statements.
Hallador Energy Company (HNRG) filed a Form 144 disclosing a proposed Rule 144 sale of 511,000 common shares through National Financial Services LLC on NASDAQ, with an aggregate market value of $12,242,000 and total shares outstanding listed as 42,976,180. The filing lists prior acquisitions of the shares, including purchases and conversions dated 07/23/2006, 06/30/2022 and 08/08/2022.
The notice also reports securities sold in the past three months: 67,457 shares were sold on 05/19/2025 for $1,284,934.43. The filer represents there is no undisclosed material adverse information. The document provides transaction details but no company financial results or forward guidance.