Hallador Energy Company (HNRG) AI Stock Analysis

• Market Cap: $695.91M
• Dividend Yield: N/A
• Average Volume (3M): 788.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: -14.68%
• EPS Growth: -3155.06%
• Country: US
• Employees: 615
• Sector: Energy
• Sector Strength: 46
• Industry: Coal
• EPS (TTM): 0.19
• Shares Outstanding: 43,010,230
• 10 Day Avg. Volume: 1,139,390
• 30 Day Avg. Volume: 788,807
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 1.68
• Enterprise Value/Gross Profit: 3.10
• Enterprise Value/Ebitda: -5.37
• 1Y Price Target: $21.33
• Price Target Upside: 34.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 54 Neutral
• Price Target: $15.50 ▼(-2.33% Downside)

Hallador Energy's overall stock score is driven by its financial performance challenges, particularly in profitability and cash flow management. While the earnings call provided positive guidance and strategic initiatives, the technical analysis and valuation metrics suggest caution. The termination of a significant agreement adds some uncertainty, but the company's proactive approach to new opportunities is a positive sign.

Hallador Energy Company Business Overview & Revenue Model

Company Description

Hallador Energy Company (HNRG) is a publicly traded energy company primarily engaged in the production and sale of thermal coal. The company operates through its subsidiaries, which focus on mining and selling coal for electricity generation. Hallador's operations are primarily located in the Illinois Basin, a region known for its high-quality coal reserves. The company is dedicated to providing reliable and cost-effective coal solutions to its customers while adhering to environmental and safety standards.

How the Company Makes Money

Hallador Energy generates revenue primarily through the sale of thermal coal to electric utility companies and industrial customers. The company enters into long-term contracts with its customers, which provide stable revenue streams and help mitigate market volatility. In addition to coal sales, Hallador may also earn revenue from coal-related services, such as transportation and logistics. The company's financial performance can be influenced by factors such as coal market prices, production costs, and demand for electricity, as well as regulatory conditions affecting the coal industry. Strategic partnerships with utilities and other energy producers also contribute to its earnings by securing long-term supply agreements.

Hallador Energy Company Financial Statement Overview

Summary

Hallador Energy faces financial challenges with a volatile income statement, negative net profit margins, and operational inefficiencies. While the balance sheet shows moderate stability, negative cash flow trends and persistent losses 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	419.94M	94.75M	634.48M	361.99M	247.67M	244.24M
Gross Profit	226.96M	49.37M	161.09M	48.51M	48.83M	58.28M
EBITDA	-131.28M	-154.44M	131.98M	79.63M	45.31M	45.57M
Net Income	-196.01M	-226.14M	44.79M	18.11M	-3.75M	-6.22M
Balance Sheet
Total Assets	409.51M	369.12M	589.78M	630.55M	353.98M	384.13M
Cash, Cash Equivalents and Short-Term Investments	9.23M	7.23M	2.84M	3.01M	2.55M	8.04M
Total Debt	17.14M	57.81M	119.69M	101.74M	107.77M	141.62M
Total Liabilities	287.36M	264.83M	321.19M	415.53M	167.75M	194.87M
Stockholders Equity	122.15M	104.28M	268.59M	215.02M	182.24M	185.26M
Cash Flow
Free Cash Flow	25.77M	12.57M	-15.94M	149.00K	19.92M	31.89M
Operating Cash Flow	75.83M	65.93M	59.41M	54.17M	47.97M	52.58M
Investing Cash Flow	-45.80M	-46.47M	-75.29M	-53.37M	-27.52M	-18.19M
Financing Cash Flow	-8.39M	-14.43M	16.57M	-207.00K	-26.69M	-35.63M

Hallador Energy Company Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.87
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HNRG, the sentiment is Neutral. The current price of 15.87 is below the 20-day moving average (MA) of 17.53, below the 50-day MA of 16.46, and above the 200-day MA of 13.65, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 43.31 is Neutral, neither overbought nor oversold. The STOCH value of 7.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HNRG.

Hallador Energy Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRP	73 Outperform	$1.35B	9.67	28.59%	4.09%	-20.92%	-26.59%
ARLP	72 Outperform	$3.07B	13.12	12.59%	11.75%	-8.59%	-55.01%
HCC	66 Neutral	$3.04B	75.16	1.95%	0.55%	-27.62%	-90.48%
METC	63 Neutral	$1.42B	43.10	-5.55%	2.30%	-12.79%	-134.14%
AMR	57 Neutral	$1.79B	64.14	-2.29%	0.36%	-29.63%	-108.26%
Sector *	54 Neutral	C$4.15B	0.97	16.40%	5.23%	10.45%	-57.37%
HNRG	54 Neutral	$695.91M	―	-89.44%	―	-14.68%	-3155.06%

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.

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.

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.