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Dec 31, 2020
Hallador Energy Q4 2020 Earnings Report
Reported net loss and reduced bank debt during a global pandemic.
Key Takeaways
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.
Generated $52.6 million in operating cash flow during the year.
Bank debt reduced by $42.4 million, a 24% decrease.
Shipments totaled 6.0 million tons.
2020 production costs were $31.07/ton.