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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.
Net income was $1.6 million, or $0.05 per share.
Adjusted EBITDA was $18.4 million.
Margins improved $3.16 per ton due to higher average sales prices.
Bank debt was reduced by $44 million.
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