Education
About Us
Working with TipRanks
Follow Us
Hallador Energy Company (HNRG)
NASDAQ:HNRG
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
0.23Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong full-year financial improvements (16% revenue growth, ~3x Adjusted EBITDA, net income of $41.9M, and 23% higher operating cash flow) and clear strategic progress (ERA award, $14M deposit, $1.3B forward sales book, equity raise and new $120M credit facility). These positives were tempered by operational outages at the Merum plant that reduced near-term availability and lowered quarterly cash flow, a year-over-year decline in the reported forward energy & capacity position, and execution risks tied to the expedited ERA expansion. On balance, the company appears well positioned financially and strategically, but near-term reliability and project execution remain key risks to watch.Company Guidance
Strong Full-Year Top-Line Growth
Total revenue for fiscal 2025 increased 16% year-over-year to $469,500,000, driven primarily by a 19% increase in electric sales to $310,700,000 and an 8% increase in coal sales to $148,700,000.
Material Profitability and EBITDA Improvement
Net income improved materially to $41,900,000 for 2025 and Adjusted EBITDA increased approximately threefold to $56,000,000, reflecting significant operating leverage as market conditions strengthened.
Improved Operating Cash Flow
Operating cash flow for the full year rose 23% to $81,100,000, supporting capital deployment and strategic initiatives.
Quarterly Operational and Sales Momentum
In Q4 2025 consolidated operating revenue rose 8% to $102,400,000. Q4 electric sales increased 3% to $71,600,000 and Q4 coal sales increased 24% to $29,100,000. Q4 Adjusted EBITDA rose 35% to $8,400,000 versus the prior-year quarter.
Strategic Progress on Capacity Expansion (ERAs)
Hallador was awarded one of 50 ERA slots in December and funded approximately $14,000,000 of refundable deposits supporting up to 515 MW of potential natural gas generation at the Merum site; MISO study expected to complete in Q3 with a targeted commercial online date around 2029.
Strengthened Liquidity and Balance Sheet Actions
Company raised capital via an ATM (~$14,000,000) and a January 2026 public offering (~$57,500,000 gross proceeds) and closed a new $120,000,000 three-year senior secured credit facility ( $75M revolver / $45M delayed draw ), improving financial flexibility to support development and deposits.
Large Forward Sales Book and Integrated Fuel Advantage
Total forward sales book, including energy/capacity, third-party coal sales and intercompany sales, stands at approximately $1,300,000,000, and Sunrise Coal continues to provide a reliable, price-certain fuel supply that supports generation and third‑party coal market participation.
Board Strengthening with Industry Expertise
Two additions to the board (Barbara Sugg and another director with deep natural gas and capital markets experience) were announced to support the next phase of growth and project execution.
HNRG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HNRG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $19.33 | $17.10 | -11.54% |
Nov 10, 2025 | $20.01 | $23.81 | +18.99% |
Aug 11, 2025 | $19.62 | $18.26 | -6.93% |
May 12, 2025 | $15.19 | $18.44 | +21.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hallador Energy Company (HNRG) report earnings?
Hallador Energy Company (HNRG) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Hallador Energy Company (HNRG) earnings time?
Hallador Energy Company (HNRG) earnings time is at May 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HNRG EPS forecast?
HNRG EPS forecast for the fiscal quarter 2026 (Q1) is -0.04.