Hallador Energy Company (HNRG) AI Stock Analysis

• Market Cap: $695.78M
• Dividend Yield: N/A
• Average Volume (3M): 621.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: -27.04%
• EPS Growth: -892.84%
• Country: US
• Employees: 615
• Sector: Energy
• Sector Strength: 51
• Industry: Coal
• EPS (TTM): 0.23
• Shares Outstanding: 42,976,180
• 10 Day Avg. Volume: 593,628
• 30 Day Avg. Volume: 621,059
• PEG Ratio: -0.57
• Price to Book (P/B): 5.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.04K
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 0.38
• Enterprise Value/Gross Profit: 3.56
• Enterprise Value/Ebitda: -3.46
• 1Y Price Target: $23.50
• Price Target Upside: 39.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: $16.00 ▼(-4.88%Downside)

Hallador Energy's overall stock score reflects significant financial challenges, with persistent losses and liquidity concerns weighing heavily. While the earnings call provided some optimism with revenue growth and debt reduction, the recent termination of a strategic agreement introduces further uncertainty. Mixed technical indicators and a challenging valuation add to the cautious outlook.

Hallador Energy Company Business Overview & Revenue Model

Company Description

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown, Indiana; and Ace in the Hole mine located near Clay City, Indiana. It is also involved in gas exploration activities in Indiana. Hallador Energy Company was founded in 1949 and is headquartered in Terre Haute, Indiana.

How the Company Makes Money

Hallador Energy Company generates revenue primarily through the sale of coal extracted from its mining operations. The company's key revenue streams include long-term contracts and spot sales to electric utilities and industrial customers who use coal as a primary energy source. Hallador Energy's earnings are influenced by factors such as coal prices, production levels, and operational efficiencies. Additionally, strategic partnerships with logistics providers and agreements with utility companies enhance the company's ability to deliver coal effectively to its customers. Market conditions, regulatory changes, and environmental policies also play a significant role in shaping the company's financial performance.

Hallador Energy Company Financial Statement Overview

Summary

Hallador Energy faces financial challenges with a negative net profit margin and operational inefficiencies reflected in negative EBIT and EBITDA margins. Although the balance sheet shows moderate stability, the persistent negative cash flow trends raise concerns about long-term viability.

Income Statement

The income statement shows a volatile performance with significant challenges. The TTM (Trailing-Twelve-Months) data reflects a substantial net loss, resulting in a negative net profit margin. Gross profit margin improved compared to previous years, but the EBIT and EBITDA margins are negative, indicating operational inefficiencies. Revenue has shown some fluctuations, and the latest TTM figures suggest a downturn in operating performance.

Balance Sheet

The balance sheet indicates moderate stability with a reasonable level of stockholders' equity. The debt-to-equity ratio is relatively low, suggesting manageable leverage. However, the equity ratio shows a decline, implying increased liabilities relative to assets. Return on equity (ROE) is negative due to recent losses, highlighting profitability concerns.

Cash Flow

Cash flow analysis reveals mixed results. Operating cash flow remains positive, but free cash flow is negative in the latest TTM period, signaling potential liquidity issues. The operating cash flow to net income ratio is positive, indicating that operations generate cash despite losses. However, free cash flow growth is negative, suggesting challenges in sustaining cash reserves.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	94.75M	634.48M	361.99M	247.67M	242.08M
Gross Profit	49.37M	161.09M	48.51M	8.85M	16.48M
EBITDA	-157.81M	131.98M	78.31M	44.76M	45.20M
Net Income	-226.14M	44.79M	18.11M	-3.75M	-6.22M
Balance Sheet
Total Assets	369.12M	589.78M	630.55M	353.98M	384.13M
Cash, Cash Equivalents and Short-Term Investments	7.23M	2.84M	3.01M	2.55M	8.04M
Total Debt	53.05M	119.69M	101.74M	107.77M	141.62M
Total Liabilities	264.83M	321.19M	415.53M	167.75M	194.87M
Stockholders Equity	104.28M	268.59M	215.02M	182.24M	185.26M
Cash Flow
Free Cash Flow	12.57M	-15.94M	149.00K	19.92M	31.89M
Operating Cash Flow	65.93M	59.41M	54.17M	47.97M	52.58M
Investing Cash Flow	-46.47M	-75.29M	-53.37M	-27.52M	-18.19M
Financing Cash Flow	-14.43M	16.57M	-207.00K	-26.69M	-35.63M

Hallador Energy Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.82
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HNRG, the sentiment is Positive. The current price of 16.82 is above the 20-day moving average (MA) of 15.87, above the 50-day MA of 16.58, and above the 200-day MA of 12.97, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 52.52 is Neutral, neither overbought nor oversold. The STOCH value of 75.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HNRG.

Hallador Energy Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARLP	76 Outperform	$3.59B	13.14	12.63%	10.18%	-8.59%	-54.87%
NRP	71 Outperform	$1.38B	10.09	31.98%	4.01%	-19.21%	-30.92%
HCC	68 Neutral	$3.00B	28.32	5.20%	0.61%	-21.04%	-75.78%
Sector *	67 Neutral	$15.31B	9.88	6.83%	5.21%	4.41%	-68.95%
AMR	66 Neutral	$1.75B	66.55	1.66%	0.36%	-23.34%	-95.18%
METC	63 Neutral	$1.10B	43.10	-0.08%	2.22%	-10.23%	-100.04%
HNRG	54 Neutral	$695.78M	―	-107.44%	―	-27.04%	-892.84%

Hallador Energy Company Corporate Events

Hallador Energy Appoints Todd Telesz as New CFO

On June 4, 2025, Hallador Energy Company announced the appointment of Todd Telesz as Chief Financial Officer, effective June 23, 2025, succeeding Marjorie Hargrave. Hargrave, who joined Hallador in April 2024, played a key role in reducing costs and improving financial reporting efficiency. Telesz, with extensive experience in the power sector, is expected to advance Hallador’s strategy to acquire additional generation as energy cooperatives retire fossil-based generation portfolios, aiding the company’s transition from a coal producer to an independent power producer.

The most recent analyst rating on (HNRG) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Hallador Energy Company stock, see the HNRG Stock Forecast page.

Hallador Energy Approves Key Proposals at Annual Meeting

On May 29, 2025, Hallador Energy Company held its annual meeting in Lone Tree, Colorado, where shareholders approved several key proposals. The approval included the election of directors, an advisory vote on executive compensation, the ratification of independent auditors, and the Second Amended and Restated 2008 Restricted Stock Unit Plan. These decisions reflect the company’s strategic direction and governance priorities, potentially impacting its operational and financial strategies.

The most recent analyst rating on (HNRG) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Hallador Energy Company stock, see the HNRG Stock Forecast page.

Hallador Energy’s Agreement Terminated by Counterparty

On May 19, 2025, Hallador Energy Company announced that its Conversion Transaction Commitment Agreement, effective January 2, 2025, with a global datacenter developer was terminated by the counterparty. Despite this setback, the company continues to engage in discussions for an additional exclusivity period and is exploring opportunities with other interested third parties, which it believes will enhance its strategic positioning and deliver long-term value to shareholders.

The most recent analyst rating on (HNRG) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Hallador Energy Company stock, see the HNRG Stock Forecast page.