Hallador Energy Earnings Reports

Hallador Energy faced a challenging Q4 2024, reporting a substantial net loss due to a $215M non-cash write-down of its coal subsidiary. Revenue declined YoY as the company continued shifting towards power generation. However, adjusted EBITDA improved significantly, reflecting better operational efficiency. The company also made progress in securing long-term energy contracts, including an agreement with a data center developer.

Hallador Energy Company reported a positive financial turnaround in Q3 2024, with total revenue increasing to $105.0 million and net income reaching $1.6 million, or $0.04 earnings per share. The company signed a non-binding term sheet with a data center developer and focused on strengthening its balance sheet through debt reduction.

Hallador Energy Company reported a Q2 total revenue of $90.9 million and a net loss of $10.2 million, or $(0.27) earnings per share. The company generated $23.5 million in operating cash flow and faced challenges due to low natural gas and electricity prices.

Hallador Energy reported a net loss of $1.7 million for Q1 2024, with basic earnings per share of $(0.05). The company generated $16.4 million in operating cash flow and $6.8 million in adjusted EBITDA. A key highlight was the Electric Operation's revenue exceeding the Coal Operation's revenue, marking progress in the company's transition to an independent power producer.

Hallador Energy Company reported full year 2023 net income of $44.8 million, $1.35 basic earnings per share, operating cash flow of $59.4 million, and adjusted EBITDA of $107 million.

Hallador Energy Company reported a net income of $16.1 million for the third quarter of 2023. The company's revenue growth was supported by a well-contracted sales book, despite operational challenges that increased cost per ton. Debt reduction efforts and increased profitability have led to a lower debt-to-adjusted EBITDA ratio and increased liquidity.

Hallador Energy Company reported a net income of $16.9 million and adjusted EBITDA of $35.3 million for the second quarter of 2023. The company's leverage ratio decreased to below 1.0x EBITDA, and liquidity increased to $56.9 million as of June 30, 2023.

Hallador Energy reported a net income of $22.1 million and adjusted EBITDA of $34.0 million for Q1 2023. Coal margins improved significantly, and the company reduced its bank debt by $10 million. They anticipate robust coal pricing for the remainder of the year.

Hallador Energy Company reported a net income of $18.1 million, or $0.57 per share, for the full year 2022. The company signed 2.2 million tons of new coal sales contracts at an average price of approximately $125 per ton in the summer of 2022, with deliveries continuing through 2025.

Hallador Energy reported a net income of $1.6 million for Q3 2022. Margins improved by $3.16 per ton due to higher average sales prices. The company also reduced its bank debt by $44 million.

Hallador Energy Company reported a net loss of $3.4 million for the quarter ended June 30, 2022. The company improved its cost structure, contracted for forward sales at higher prices, and raised capital to improve liquidity. Progress was made towards acquiring the Merom power plant.

Hallador Energy Company reported a net loss of $3.8 million, or $0.12 per share, and highlighted the acquisition of the Merom Generation Station as a strategic move to assist customers in transitioning to renewables.

Hallador Energy Company reported a net income of $8.0 million and adjusted EBITDA of $20.5 million for the third quarter of 2021. The company reduced bank debt by $15.2 million due to record shipments during the quarter.

Hallador Energy reported a net loss of $3.0 million, or ($.10) per share, for the second quarter of 2021. However, the company is experiencing a strong market turnaround, adding 500,000 tons of contracted sales during the quarter and expecting a 40% increase in shipments in the last half of 2021.

Hallador Energy Company reported a net loss of $1.0 million for Q1 2021, with adjusted EBITDA at $11.4 million. The company saw significantly lower production costs and added approximately 400,000 contracted tons during the quarter.

Hallador Energy Company reported a net loss of $6.2 million and reduced bank debt by 24%, amounting to $42.4 million for the full year 2020. The company generated $52.6 million in operating cash flow and successfully extended customer contracts during the year.

Hallador Energy Company reported a net income of $1.9 million, or $0.06 per share, for Q3 2020. The company is focused on reducing debt and has paid down $33 million year-to-date. Shipments improved over Q2 levels, and costs remained within expectations.

Hallador Energy Company reported a profitable quarter despite the pandemic, with a focus on lowering costs, reducing debt, and helping customers manage inventory. The company is cautiously optimistic about the recovery of coal shipments and energy markets.

Hallador Energy Company reported a net loss of $3.7 million, or ($0.12) per share, for the first quarter of 2020. The results were affected by non-cash adjustments and increased operating costs. The company has taken proactive steps to enhance liquidity, including amending its credit facility and suspending its dividend.

Hallador Energy Company reported its financial and operating results for the year ended December 31, 2019. The company experienced strong shipments in Q4 and decided to permanently close the Carlisle Mine. However, the company reported a net loss of $59.9 million after $77.9 million in asset impairments.