Hallador Energy Company (HNRG) AI Stock Analysis

• Market Cap: $827.95M
• Dividend Yield: N/A
• Average Volume (3M): 566.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: -14.68%
• EPS Growth: -3155.06%
• Country: US
• Employees: 615
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): 0.19
• Shares Outstanding: 43,010,230
• 10 Day Avg. Volume: 587,646
• 30 Day Avg. Volume: 566,685
• 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: 0.85
• Enterprise Value/Revenue: 1.68
• Enterprise Value/Gross Profit: 3.10
• Enterprise Value/Ebitda: -5.37
• 1Y Price Target: $20.00
• Price Target Upside: 0.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 55 Neutral
• Price Target: $19.50 ▼(-1.71% Downside)

Hallador Energy's overall stock score is driven by a combination of financial performance challenges and positive earnings call sentiment. While the company shows strong revenue growth, profitability issues and a negative P/E ratio weigh down the valuation. Technical analysis suggests potential for upward movement, but caution is advised. The positive earnings call highlights strategic initiatives and improved financial metrics, providing some optimism for future performance.

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 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 Company shows significant revenue growth but struggles with profitability and cash flow management. The balance sheet indicates manageable leverage, yet negative return on equity highlights inefficiencies in generating shareholder value. Overall, the company needs to improve operational efficiency and profitability to enhance financial health.

Income Statement

The income statement shows significant volatility. The TTM data indicates a substantial revenue growth of over 300%, but this is overshadowed by negative margins across the board, including a net profit margin of -46.68% and an EBIT margin of -44.96%. This suggests that despite revenue growth, the company is struggling with profitability and operational efficiency.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.14 in the TTM period, indicating manageable leverage. However, the return on equity is negative, suggesting that the company is not generating sufficient returns on shareholders' investments. The equity ratio is not provided, but the available data suggests a need for improved financial stability.

Cash Flow

Cash flow analysis reveals a mixed picture. The TTM period shows a decline in free cash flow growth by 31.83%, indicating cash generation challenges. However, the operating cash flow to net income ratio is positive, suggesting some operational cash flow strength. The free cash flow to net income ratio is also positive, but overall cash flow performance needs improvement.

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: Positive
• Last Price: 19.84
• 50DMA: Positive
• 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 Positive. The current price of 19.84 is below the 20-day moving average (MA) of 19.92, above the 50-day MA of 18.34, and above the 200-day MA of 15.18, indicating a neutral trend. The MACD of 0.37 indicates Positive momentum. The RSI at 52.60 is Neutral, neither overbought nor oversold. The STOCH value of 18.03 is Positive, 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
SXC	70 Neutral	$674.78M	9.28	11.20%	6.01%	-7.70%	17.73%
NC	68 Neutral	$325.94M	10.35	7.87%	2.18%	27.25%	―
NRP	66 Neutral	$1.39B	9.57	28.59%	3.99%	-20.92%	-26.59%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
HNRG	55 Neutral	$827.95M	-4.31	-89.44%	―	-14.68%	-3155.06%
METC	52 Neutral	$2.36B	-97.38	-5.55%	1.33%	-12.79%	-134.14%
AREC	44 Neutral	$314.75M	-6.71	―	―	-94.49%	-105.63%

Hallador Energy Company Corporate Events

Hallador Energy’s Earnings Call Highlights Strategic Growth

Hallador Energy’s recent earnings call conveyed a generally positive sentiment, highlighting strong financial performance and strategic initiatives aimed at enhancing operational flexibility and securing long-term agreements. Despite facing some seasonal and operational challenges, the company demonstrated resilience and a forward-looking approach to growth.

Hallador Energy Reports Strong Q2 2025 Results

Hallador Energy Company, a vertically-integrated Independent Power Producer based in Terre Haute, Indiana, operates in the energy sector with core businesses in electricity generation and coal production. In its second quarter of 2025, Hallador Energy reported a 10% increase in total revenue year-over-year, reaching $102.9 million. The company also saw a rise in net income to $8.2 million, translating to earnings of $0.19 per share, alongside an operating cash flow of $11.4 million and an adjusted EBITDA of $3.4 million.