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Hallador Energy Company HNRG

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
1.28
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 1 1 3 2
Sell
Insider Ownership
23.77%

Capital & Financial Ratios

Market Cap
715.16
Revenue
452.23
Net Income
(0.91)
Free Cash Flow
(47.27)
Net Debt
8.31
Current Ratio
0.72
Debt/Equity
0.23
P/E ratio
378.00
P/S ratio
1.58
P/B ratio
3.74
Past 5Y EPS Growth
(24.05%)
This Y EPS Growth
(126.39%)
Next Y EPS Growth
320.07%
Next 5Y EPS Growth
8.76%
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
Annual Dividend Yield
total individual payouts
2023 ‡‡‡
2022 ‡‡‡
2021 ‡‡‡
2020 0.04
2019 0.16
2018 0.16
2017 0.16
2016 0.16
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 7.12 12.15 15.37 34.93
Receivables 19.94 15.44 13.99 14.40
Inventory 61.95 75.79 88.39 99.17
Other 1.54
92.81 104.86 123.39 150.00
2023 2024 2025 Q'26
Payables 62.91 44.30 41.85 64.64
ST’ Debt 24.44 4.10 3.75
Other 66.32 97.60 103.34 136.46
157.60 152.90 152.60 208.69
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 101.81 101.51
’25 117.72 102.83 146.85 102.07
469.47
’24 111.57 93.83 105.16 93.61
404.16
’23 188.33 161.19 165.77 119.58
634.88
’22 58.91 65.93 85.08 152.07
361.99
’21 46.70 55.64 79.82 65.51
247.67
’20 62.48 50.85 65.25 65.66
244.24
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 20.50 (23.89)
’25 38.42 11.36 23.20 8.16
81.13
’24 16.37 23.52 (12.91) 38.95
65.93
’23 26.11 18.13 35.28 (20.11)
59.41
’22 2.98 (2.70) 13.66 40.23
54.17
’21 2.97 9.92 24.14 10.94
47.97
’20 16.26 0.92 16.94 18.47
52.58
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 13.02 (50.15)
’25 26.75 (1.54) 6.38 (16.51)
15.08
’24 1.52 12.80 (23.57) 29.25
20.01
’23 12.65 1.05 17.15 (46.72)
(15.88)
’22 (5.97) (15.89) (1.78) 24.46
0.80
’21 (2.75) 4.80 16.91 1.49
20.45
’20 10.23 (3.04) 12.98 11.77
31.94
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.20) (0.32)
’25 0.23 0.19 0.55 (0.01)
0.96
’24 (0.05) (0.27) 0.04 (5.45)
(5.72)
’23 0.61 0.47 0.44 (0.27)
1.25
’22 (0.33) (0.11) 0.05 0.83
0.55
’21 (0.03) (0.10) 0.26 (0.25)
(0.12)
’20 (0.12) 0.01 0.06 (0.15)
(0.20)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡

Recommendation Rating

1
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡‡ 2.20 6.87 4.33 8.37
Low Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡ 11.57 15.79 14.00 24.70
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 980 936 615 633
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.37 0.68 0.66 0.74
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 361.99 634.88 404.16 469.47 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 26.35% 49.44% 51.87% 50.84%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 19.86 49.26 (235.54) 43.70
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.49% 7.76% (58.28%) 9.31% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 18.11 44.79 (226.14) 41.87 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 30.75 (26.57) (2.83) (56.47)
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 11.30 19.16 10.23 10.94 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 0.57 1.35 (5.72) 0.98 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.69 1.79 1.67 1.89
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.67) (2.27) (1.16) (1.54) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.03 (0.48) 0.51 0.35
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.71 8.11 2.64 3.72
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 32.04 33.13 39.50 42.93 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡ 17.50 6.77 0.00 19.43 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.81 0.48 1.12 1.74 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.36 1.14 4.34 5.11 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.07 0.65 1.21 1.87 ‡‡‡ ‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 481.23 (26.02) 24.51 58.09
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 54.17 59.41 65.93 81.13 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (53.36) (75.29) (45.93) (66.06) ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.80 (15.88) 20.01 15.08 ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (101.08) (64.78) (48.04) (29.21)
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 101.74 115.05 50.24 31.02
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 95.32 107.93 38.09 15.64
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 215.02 268.59 104.29 159.83
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.68% 7.34% (47.17%) 10.78%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.33% 11.16% 0.47% 21.49%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 9.11% 18.52% (121.29%) 31.71%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Hallador Energy Company (HNRG), a mid-tier Illinois Basin coal producer, exemplifies fossil fuel volatility amid the energy transition, with 2023 revenues surging 76% to $635 million on Ukraine-driven price spikes, only to crater 36% to $404 million in 2024 as prices normalized. Gross margins hit 51.9% last year, but massive impairments triggered a -$226 million net loss, halving book value per share to $2.64 and ROE to -121%. While analysts forecast 15-44% upside with $1.07 EPS in 2025, heavy insider net selling (10x buys by value) and dilution raise red flags, positioning HNRG as a high-beta bet on short-term coal demand rather than a reliable turnaround.

Deleveraging shines brightly—net debt down 65% to $38 million, FCF at $20 million supporting capex cuts—but equity shrank to $104 million, PB ratio spiked to 4.3x, and ROIC plummeted to 0.6%. Stock volatility remains extreme (223% range in 2024), decoupling from eroding fundamentals, with PS at 1.1x and EV/FCF at 25x hinting at value traps amid looming EPA rules and coal’s shrinking U.S. power share.

Contrarians see capped upside from renewables’ cost edge and stranded asset risks, despite potential AI/data center demand blips. Tactical traders may chase weather-driven spikes, but long-term holders face secular headwinds—fully priced for perfection at current levels. Dive deeper for the full dissection of cycles, metrics, and hedges.

Hallador Energy Company (HNRG) Latest News

News by impact score

Fine-tune

17 Sep

4 , 3:03 PM
Hallador Energy closed up to $675 million in debt financing for the Turtle Creek Project, prompting a rise in its shares. Major debt financing directly funds core project development and supports revenue growth potential.

4 , 8:00 AM
Hallador Energy Company secures up to $675 million debt financing for Turtle Creek Gas. Securing $675 million debt financing funds major Turtle Creek Gas expansion and alters Hallador's financial trajectory.

17 Aug

4 transcript www.fool.com, 7:29 PM
Hallador Energy (HNRG) released its Q2 2026 earnings call transcript covering quarterly financial results, operations, and forward outlook. Earnings call details on financials and guidance can significantly shift HNRG stock trajectory and investor views.

11 Aug

4 transcript , 1:02 AM
Hallador Energy advances strategic gas project per Q2 2026 earnings call. Strategic gas project advancement signals significant growth potential for Hallador Energy.

3 app.moby.co, 8:30 AM
Hallador Energy Company Q2 2026 earnings call covered financial results, production volumes, cost management and forward outlook for its coal operations amid energy market conditions. Quarterly earnings and guidance typically move near-term sentiment and valuation without altering long-term trajectory.

10 Aug

3 transcript www.marketbeat.com, 7:04 PM
Hallador Energy Q2 earnings call highlights financial results and operational updates. Q2 earnings details may moderately influence Hallador Energy's market trajectory.

3 , 4:05 PM
Hallador Energy Company reported Q2 2026 results with its gas project budget reduced below $800 million. Budget reduction below $800 million for the gas project signals cost controls that may affect capital spending and project scope.

8 Jun

4 Insider Monkey, 1:35 AM
Hallador Energy acquires turbines for $350 million to de-risk its Merom project. $350 million turbine purchase commits major capital to secure Merom project execution.

5 Jun

4 stocktwits.com, 5:05 PM
Hallador Energy will begin DOE negotiations for $27.2M to modernize its Indiana power plant. DOE funding negotiations enable major plant upgrades that can materially improve operations and financial results.

4 GlobeNewswire, 4:05 PM
Hallador Energy selected by Department of Energy for negotiations on ~$27.2 million award. Selection for $27.2 million DOE award negotiations signals major non-dilutive funding potential that can materially strengthen operations and investor sentiment.

2 Jun

4 www.power-technology.com, 9:47 AM
Hallador Energy Company purchases Siemens turbines from EWC for $350m. Major equipment acquisition expands production capacity and alters capital structure.

1 Jun

4 GlobeNewswire, 4:30 PM
Hallador Energy acquires 460 MW of Siemens turbines for $350 million to accelerate Merom natural gas generation project. Major $350 million turbine purchase accelerates shift to natural gas generation capacity.

15 May

3 Simply Wall St., 8:23 AM
Hallador Energy (NASDAQ:HNRG) reported strong earnings, but additional considerations are required for accurate assessment. Strong earnings provide moderate positive influence on financial performance, balanced by undisclosed additional factors.

7 May

4 transcript www.fool.com, 12:27 PM
Hallador Energy Company (HNRG) Q1 2026 earnings call transcript covers financial results, operational updates, and forward guidance. Q1 2026 earnings transcript discloses financial performance and strategic outlook, significantly influencing HNRG's market trajectory and investor sentiment.

3 transcript app.moby.co, 8:30 AM
Hallador Energy Company held its Q1 2026 earnings call covering quarterly financial results, operations, and forward guidance. Quarterly earnings calls deliver financial metrics and guidance that moderately shape near-term stock movement and outlook.

6 May

5 GlobeNewswire, 4:05 PM
Hallador Energy Company signs 12-year capacity agreement valued over $1 billion; reports first quarter 2026 financial and operating results. A 12-year capacity agreement exceeding $1 billion guarantees massive long-term revenue, fundamentally transforming HNRG's financial stability and market position.

3 www.marketbeat.com, 10:16 PM
Hallador Energy (HNRG) Q1 earnings call highlights key financial results, operational updates, and forward guidance for the coal producer. Q1 earnings highlights provide insights into financial performance and operations, moderately influencing HNRG's short-term market sentiment and trajectory.

3 Zacks, 6:30 PM
Hallador Energy (HNRG) reported a Q1 loss and missed revenue estimates. Q1 loss and revenue miss highlight financial weakness, likely causing moderate pressure on stock price and investor sentiment.

12 Apr

3 Insider Monkey, 4:56 PM
Wall Street analysts rank Hallador Energy (HNRG) among the best American energy stocks to buy. Analyst endorsements can moderately lift market sentiment and short-term stock performance for HNRG.

25 Mar

4 GlobeNewswire, 4:15 PM
Hallador Energy Company secures record capacity pricing in a three-year agreement. Record capacity pricing in a three-year deal provides revenue stability and enhances financial performance.

14 Mar

4 transcript www.fool.com, 8:28 AM
Hallador Energy (HNRG) released its Q4 2025 earnings call transcript detailing financial results, operational updates, and future outlook. Q4 earnings transcript reveals year-end financials, guidance, and strategic plans with potential to drive major shifts in investor sentiment and stock trajectory.

13 Mar

4 app.moby.co, 8:30 AM
Hallador Energy Company (HNRG) issued Q4 2025 earnings call summary detailing financial results, operational updates, and future outlook. Q4 2025 earnings call summary discloses key financial metrics and strategic directions significantly shaping HNRG's market performance.

12 Mar

4 , 11:05 PM
Hallador Energy Co (HNRG) Q4 2025 earnings call highlights strong revenue growth amid ongoing challenges. Strong revenue growth in Q4 2025 indicates significant positive shift in financial performance and investor sentiment for HNRG.

4 Associated Press Finance, 6:12 PM
Hallador Energy (HNRG) released its Q4 earnings snapshot, detailing quarterly financial results. Q4 earnings snapshots reveal key financial metrics that significantly influence HNRG's stock price and investor sentiment.

4 GlobeNewswire, 4:05 PM
Hallador Energy Company (HNRG) reported fourth quarter and full year 2025 financial and operating results. Quarterly and annual financial results disclosure significantly impacts stock price and investor sentiment for HNRG.

3 www.marketbeat.com, 7:46 PM
Hallador Energy Company (HNRG) released highlights from its Q4 earnings call, covering financial results, operational updates, and future outlook. Q4 earnings highlights impact HNRG's financial performance and investor sentiment but are balanced by market factors.

3 Zacks, 7:15 PM
Hallador Energy (HNRG) reported a Q4 net loss and revenue that fell short of analyst estimates. Q4 loss and revenue miss highlight weaker financial results with moderate influence on investor sentiment and short-term performance.

10 Mar

4 GlobeNewswire, 4:30 PM
Hallador Energy Company (HNRG) closed $120 million in senior secured credit facilities. Closing $120 million senior secured credit facilities provides major liquidity boost for operations and strategic growth.

9 Mar

3 GlobeNewswire, 4:30 PM
Hallador Energy Company (HNRG) appoints power industry veteran Daniel Hudson to its Board of Directors and elevates Heath Lovell to Chief Operating Officer. Board addition of industry expertise and COO promotion strengthen leadership for moderate operational and strategic improvements.

12 Feb

4 Simply Wall St., 6:40 AM
Hallador Energy Company (HNRG) is highlighted as an undervalued small-cap stock with notable insider buying activity in February 2026. The article emphasizes the potential for growth in HNRG, driven by strategic initiatives and market positioning. Insider transactions suggest confidence in the company's future performance, making it a stock to watch for investors seeking opportunities in undervalued sectors. Insider buying indicates strong confidence in the company's future, suggesting significant potential for market impact.

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