HALLADOR ENERGY CO

HNRG

HALLADOR ENERGY CO

HNRG

Insider Sentiment (TTM):

Last Purchase:2026-06-29Last Sale:2025-10-01Shares Purchased (TTM):60,000Shares Sold (TTM):286,638

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:34,001,191Shares Outstanding:46,519,000Institutional Ownership Pct.:73.09%

Earnings Market Reaction:

Filing Date:2026-08-10Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value	29	37	10	13	9	7	7	4	6	2	3	3
Restricted Cash And Cash Equivalents	-	-	5	23	23	9	5	6	4	5	4	4
Restricted Cash And Cash Equivalents At Carrying V…	6	7	-	-	23	9	-	-	-	-	-	-
Accounts Receivable Net Current	14	9	14	25	19	13	15	12	19	14	20	21
Energy Related Inventory Coal	48	47	43	28	44	36	37	31	33	30	23	24
Commodity Contract Asset Current	-	-	-	-	-	-	-	-	-	-	0	0
Inventory Supplies Net Of Reserves	51	48	46	44	43	40	39	40	39	40	39	37
Prepaid Expense Current	2	2	6	4	2	2	1	6	2	3	2	4
Assets Of Disposal Group Including Discontinued Op…	-	-	-	-	-	-	-	2	-	-	2	-
Other Assets Current	-	2	-	-	-	-	-	-	-	-	-	-
Assets Current	150	151	123	137	140	107	105	100	104	93	93	92
Property Plant And Equipm…
Mineral Rights	70	70	70	70	70	70	70	115	115	115	115	115
Construction In Progress Gross	58	36	40	100	97	95	27	167	164	162	159	153
Finance Lease Right Of Use Asset	-	13	13	13	13	13	13	20	20	16	12	-
Property Plant And Equipment Gross	690	661	646	637	626	613	606	832	831	831	824	842
Accumulated Depreciation Depletion And Amortizatio…	-385	-376	-368	-371	-364	-361	-348	-360	-349	-349	-335	-359
Property Plant And Equipment Net	305	285	278	266	263	253	258	472	482	482	489	483
Equity Method Investments	2	3	3	3	3	2	3	2	2	3	3	3
Operating Lease Right Of Use Asset	3	2	-	-	-	-	-	-	-	-	-	-
Other Assets Noncurrent	8	8	4	4	4	4	4	6	7	7	6	7
Assets	468	449	408	409	410	366	369	580	595	585	590	585
Liabilities And Stockhold…
Liabilities Current
Secured Debt Current	-	-	-	43	17	17	4	24	18	24	24	21
Accounts Payable And Accrued Liabilities Current	-	-	42	44	52	46	44	43	46	47	63	77
Deferred Revenue	-	-	-	-	-	-	-	-	-	-	23	26
Accounts Payable Current	32	20	-	-	-	-	-	-	-	-	-	-
Accrued Liabilities And Other Liabilities	33	35	-	-	-	-	-	-	-	-	-	-
Finance Lease Liability Current	-	5	7	7	7	7	7	6	6	5	4	-
Contract With Customer Liability Current	136	130	103	113	133	107	98	57	85	41	66	-
Liabilities Current	209	190	153	207	209	177	153	172	196	164	158	172
Liabilities Noncurrent
Convertible Long Term Notes Payable	-	-	-	-	-	-	-	-	0	10	10	10
Energy Marketing Contract Liabilities Current	-	-	-	-	-	-	-	41	41	42	43	48
Finance Lease Liability Noncurrent	-	1	1	3	5	7	9	9	11	10	8	-
Secured Long Term Debt	39	-	30	-	26	4	37	43	25	49	63	36
Deferred Income Tax Liabilities Net	0	1	2	-	-	-	-	6	6	9	9	12
Asset Retirement Obligations Noncurrent	16	16	15	16	16	15	15	16	15	15	15	16
Energy Marketing Contract Liabilities Noncurrent	-	-	-	-	-	-	-	13	25	36	47	55
Contract With Customer Liability Noncurrent	10	32	46	34	29	43	49	-	-	5	47	-
Other Liabilities Noncurrent	3	3	2	2	2	5	2	2	2	2	2	2
Liabilities Noncurrent	69	53	96	56	78	74	112	89	83	137	164	142
Liabilities	278	243	248	263	287	251	265	261	279	302	321	313
Redeemable Noncontrolling Interest Equity Carrying…	-	-	-	-	-	-	-	-	0	0	0	0
Common Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	258	258	203	189	189	190	189	188	187	144	128	120
Retained Earnings Accumulated Deficit	-68	-53	-44	-43	-67	-75	-85	130	129	139	141	151
Stockholders Equity	190	206	160	146	122	115	104	319	316	284	269	272
Liabilities And Stockholders Equity	468	449	408	409	410	366	369	580	595	585	590	585
Preferred Stock Par Or Stated Value Per Share	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Preferred Stock Shares Authorized	10	10	10	10	10	10	10	10	10	10	10	10
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	-	-	0	-	-	0	0	0	0	0	0	0
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	100	100	100	100	100	100	100	100	100	100	100	100
Common Stock Shares Issued	47	47	44	43	43	43	43	43	43	37	34	33
Shares Outstanding	47	47	44	43	43	43	43	43	43	37	34	33

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	3.83%	-5.50%	-17.84%	-	-	-	-	-	-	-	-	-
2025	14.02%	6.65%	11.45%	-13.15%	-1.73%	10.24%	-0.30%	-3.25%	-7.60%	-18.11%	-19.19%	-0.36%
2024	63.99%	42.05%	48.17%	25.54%	81.48%	92.52%	23.92%	12.34%	2.68%	16.38%	33.36%	50.87%
2023	-	-	-	-	-	-	-2.99%	-33.93%	-34.75%	-30.41%	-29.18%	22.88%
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Performance and Valuation Metrics

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Metrics	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Liquidity Ratios
Current Ratio	0.72	0.80	0.81	0.66	0.67	0.60	0.69	0.58	0.53	0.57	0.59	0.54
Quick Ratio	0.71	0.79	0.77	0.64	0.66	0.59	0.68	0.55	0.52	0.55	0.57	0.51
Working Capital	-58.69M	-38.94M	-29.22M	-70.80M	-69.38M	-70.00M	-48.05M	-71.80M	-91.63M	-71.16M	-64.78M	-79.26M
Leverage & Debt
Debt to Equity	1.46	1.18	1.55	1.80	2.35	2.17	2.54	0.82	0.88	1.06	1.20	1.15
Interest Coverage TTM	0.63	1.54	2.28	-6.99	-8.88	-9.82	-10.24	-0.49	0.43	1.85	3.13	3.79
Debt Ratio	0.59	0.54	0.61	0.64	0.70	0.68	0.72	0.45	0.47	0.52	0.54	0.54
Efficiency & Turnover
Asset Turnover TTM	0.77	0.72	0.80	0.73	0.57	0.67	0.55	1.08	1.05	1.00	1.04	0.80
Days Sales Outstanding TTM	17.98	13.45	17.28	18.62	24.25	15.36	24.69	9.43	11.82	14.34	14.32	17.69
Receivables Turnover TTM	20.30	27.13	21.12	19.60	15.05	23.77	14.79	38.69	30.89	25.46	25.48	20.63
Per Share Metrics
Diluted EPS TTM	-0.02	0.49	0.96	-4.00	-4.55	-4.93	-5.72	-0.48	-0.16	0.60	1.22	2.31
Free Cash Flow Per Share TTM	-1.07	-0.04	0.28	1.25	0.60	0.89	0.32	-1.39	-0.47	-0.78	-0.48	1.67
Dividend Per Share TTM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Margin Metrics
Gross Profit Margin TTM	97.28%	96.88%	94.56%	96.22%	92.56%	95.72%	63.68%	69.96%	51.15%	29.55%	25.44%	-20.16%
Operating Profit Margin TTM	5.07%	14.09%	19.65%	-45.57%	-66.08%	-65.06%	-83.51%	-1.60%	1.43%	6.38%	10.24%	28.43%
Net Profit Margin TTM	-0.27%	7.66%	13.47%	-48.32%	-68.84%	-67.32%	-86.47%	-3.27%	-0.97%	3.49%	7.06%	22.02%
Growth Metrics
Net Revenue Growth (1Y)	18.13%	-7.46%	18.82%	-43.01%	-54.52%	-47.18%	-58.81%	63.32%	55.59%	52.52%	75.39%	42.92%
Net Income Growth (1Y)	-99.53%	-110.52%	-118.52%	743.36%	3,127.58%	-1,119.02%	-604.85%	-124.21%	-108.60%	-58.15%	147.41%	-532.80%
EPS Growth (1Y)	-99.58%	-109.64%	-117.04%	735.34%	2,768.62%	-932.45%	-523.43%	-118.84%	-107.53%	-60.35%	139.27%	-530.75%
Valuation Metrics
P/E TTM	-898.73	33.55	19.52	-4.85	-3.44	-2.44	-2.00	-19.51	-48.46	8.82	6.54	5.62
P/B TTM	4.31	3.68	5.11	5.76	5.52	4.54	4.34	1.26	0.93	0.65	1.09	1.76
P/S TTM	2.44	2.57	2.63	2.34	2.37	1.64	1.73	0.64	0.47	0.31	0.46	1.24
Market Cap	819.64M	757.33M	817.43M	841.65M	674.66M	523.36M	452.32M	401.70M	294.32M	185.57M	292.90M	477.88M
Enterprise Value	829.85M	726.15M	840.48M	859.40M	697.71M	542.11M	502.24M	474.55M	347.45M	277.64M	400.03M	538.83M
Calculated Values
Free Cash Flow TTM	-50.46M	-1.99M	11.92M	53.89M	25.77M	37.80M	12.57M	-59.34M	-17.72M	-27.07M	-15.94M	55.34M
Net Debt	10.20M	-31.18M	23.06M	17.75M	23.05M	18.75M	49.92M	72.85M	53.13M	92.07M	107.14M	60.95M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-29Purchase

Owner: Hudson, Daniel Timothy

Title: -

Shares: 10,000

Price/Share: $16.94

Value: $169,400.00

Shares Owned: 15,000

Relationship: Director

Ownership: Direct

2026-06-25Purchase

Owner: Hudson, Daniel Timothy

Title: -

Shares: 2,000

Price/Share: $17.70

Value: $35,400.00

Shares Owned: 5,000

Relationship: Director

Ownership: Direct

2026-06-16Purchase

Owner: Wesley, Charles Ray Iv

Title: -

Shares: 15,000

Price/Share: $16.69

Value: $250,350.00

Shares Owned: 338,469

Relationship: Director

Ownership: Indirect

2025-12-17Purchase

Owner: Wesley, Charles Ray Iv

Title: -

Shares: 20,000

Price/Share: $17.83

Value: $356,600.00

Shares Owned: 267,914

Relationship: Director

Ownership: Indirect

2025-11-21Purchase

Owner: Wesley, Charles Ray Iv

Title: -

Shares: 13,000

Price/Share: $19.28

Value: $250,640.00

Shares Owned: 247,914

Relationship: Director

Ownership: Indirect

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-06-29	Hudson, Daniel Timothy	Director	-	Direct	Purchase	10,000	16.94	$169,400.00	15,000	4
2026-06-25	Hudson, Daniel Timothy	Director	-	Direct	Purchase	2,000	17.70	$35,400.00	5,000	4
2026-06-16	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	15,000	16.69	$250,350.00	338,469	4
2025-12-17	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	20,000	17.83	$356,600.00	267,914	4
2025-11-21	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	13,000	19.28	$250,640.00	247,914	4
2025-10-01	Hardie, David C	Director	-	Indirect	Sale	100,000	19.76	$1,976,000.00	21,072	4
2025-09-30	Hardie, David C	Director	-	Indirect	Sale	100,000	19.53	$1,953,000.00	46,072	4
2025-09-26	Hardie, David C	Director	-	Indirect	Sale	77,868	19.18	$1,493,508.24	89,518	4
2025-09-23	Hardie, David C	Director	-	Indirect	Sale	8,770	19.08	$167,331.60	117,731	4
2025-08-19	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	20,000	15.27	$305,400.00	234,914	4
2025-05-19	Hardie, David C	Director	-	Indirect	Sale	97,837	19.05	$1,863,794.85	139,089	4
2025-04-10	Gray, Zarrell Thomas	Director	-	Direct	Purchase	9,000	13.60	$122,400.00	60,000	4
2025-04-07	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	10,000	10.40	$104,000.00	214,914	4
2024-12-10	Hardie, David C	Director	-	Indirect	Sale	16,282	13.10	$213,294.20	2,006,431	4
2024-11-25	Hardie, David C	Director	-	Indirect	Sale	12,390	13.21	$163,671.90	2,044,041	4
2024-11-21	Hardie, David C	Director	-	Indirect	Sale	1,799	13.05	$23,476.95	2,090,127	4
2024-11-19	Hardie, David C	Director	-	Indirect	Sale	388	12.91	$5,009.08	2,106,731	4
2024-09-06	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	25,000	5.97	$149,250.00	184,302	4
2024-08-29	Gray, Zarrell Thomas	Director	-	Direct	Purchase	2,000	6.50	$13,000.00	51,000	4
2024-08-26	Gray, Zarrell Thomas	Director	-	Direct	Purchase	14,000	6.35	$88,900.00	47,000	4
2024-08-22	Gray, Zarrell Thomas	Director	-	Direct	Purchase	5,000	5.75	$28,750.00	33,000	4
2024-08-16	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	5,000	5.77	$28,850.00	159,302	4
2024-03-22	Wesley, Charles Ray Iv	Director	-	Indirect	Purchase	44,000	5.21	$229,240.00	154,302	4
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Institutional Ownership

No data available for chart

2026-03-31

73.09%

Inst. Shares: 34,001,191

Shares Outstanding: 46,519,000

2025-12-31

73.58%

Inst. Shares: 31,587,368

Shares Outstanding: 42,932,000

2025-09-30

59.07%

Inst. Shares: 25,404,828

Shares Outstanding: 43,007,000

2025-06-30

59.66%

Inst. Shares: 25,425,620

Shares Outstanding: 42,619,000

2025-03-31

56.72%

Inst. Shares: 24,173,734

Shares Outstanding: 42,619,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	34,001,191	46,519,000	73.09%
2025-12-31	31,587,368	42,932,000	73.58%
2025-09-30	25,404,828	43,007,000	59.07%
2025-06-30	25,425,620	42,619,000	59.66%
2025-03-31	24,173,734	42,619,000	56.72%
2024-12-31	21,800,962	39,504,000	55.19%
2024-09-30	18,628,957	42,598,000	43.73%
2024-06-30	18,488,267	37,879,000	48.81%
2024-03-31	13,926,368	34,816,000	40.00%
2023-12-31	13,127,829	33,133,000	39.62%
2023-09-30	11,931,099	33,140,000	36.00%
2023-06-30	11,615,641	33,137,000	35.05%
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HALLADOR ENERGY CO (HNRG) — SEC Financial Statements & Analysis

HALLADOR ENERGY CO (HNRG) is a electric services company, incorporated in CO. HALLADOR ENERGY CO trades on Nasdaq as: HNRG. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), HALLADOR ENERGY CO reported a 18.13% year-over-year revenue growth, a Gross Profit Margin of 97.28% (TTM), a Debt-to-Equity ratio of 1.46x, a Price-to-Sales (P/S) ratio of 2.44x (TTM), a Price-to-Book (P/B) ratio of 4.31x (TTM), at a market cap of $819.64M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 18.13%
Gross Profit Margin TTM: 97.28%
Debt To Equity: 1.46x
P/S TTM: 2.44x
P/B TTM: 4.31x
Market Cap: $819.64M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is HALLADOR ENERGY CO in?

HALLADOR ENERGY CO (HNRG) operates in the Electric Services industry.

What is HNRG's market cap?

HALLADOR ENERGY CO (HNRG) has a market capitalization of $819.64M as of 2026-06-30.

What exchange does HNRG trade on?

HALLADOR ENERGY CO (HNRG) trades on the Nasdaq.

Where is HALLADOR ENERGY CO incorporated?

HALLADOR ENERGY CO is incorporated in CO.