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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.
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