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.

Total Revenue

$65.5M

Previous year: $78.7M

-16.8%

EPS

-$0.15

Previous year: -$0.05

+200.0%