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Dec 31, 2023
Hallador Energy Q4 2023 Earnings Report
Reported record net income and adjusted EBITDA for 2023.
Key Takeaways
Hallador Energy Company reported full year 2023 net income of $44.8 million, $1.35 basic earnings per share, operating cash flow of $59.4 million, and adjusted EBITDA of $107 million.
Net income increased by approximately $27 million to $45 million for 2023.
Secured Nearly $500 Million in New Long-Term Capacity and Energy Contracts since January 1, 2023.
Restructured coal division to increase margins and adjust to current market conditions, which will reduce capital expenditure at the Oaktown Mining Complex by $10 million.
Signed Memorandum of Understanding (MOU) with Hoosier Energy and WIN REMC to Provide Opportunities for Non-Traditional Energy Sales at the Merom Site.
Hallador Energy
Hallador Energy
Hallador Energy Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income