Hallador Energy Company reported a net loss of $3.8 million, or $0.12 per share, and highlighted the acquisition of the Merom Generation Station as a strategic move to assist customers in transitioning to renewables.
Net loss of $3.8 million, ($.12) per share.
Acquisition of the Merom Generation Station announced.
Strategic move to assist customers in transitioning to renewables.
Generated $48.0 million in operating cash flow which was utilized to pay down bank debt by $26.0 million.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act.”).