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Jun 30, 2023
Hallador Energy Q2 2023 Earnings Report
Hallador Energy reported record net income and adjusted EBITDA for the first half of 2023, with leverage ratio moving below 1.0X.
Key Takeaways
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.
Net income for Q2 2023 was $16.9 million.
Basic earnings per share for Q2 2023 was $0.51.
Operating cash flow for Q2 2023 was $18.1 million.
Adjusted EBITDA for Q2 2023 was $35.3 million.