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HNRG — Hallador Energy News Story

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Brief: Hallador Energy Q2 Net Income USD 8.2 Million

Corrects first row in Key Details table to say Q2 revenue beats estimates, not misses

Overview

Hallador Q2 revenue up 10% to $102.9 mln, driven by coal sales

Adjusted EBITDA rises to $3.4 mln, beating analyst expectations, per LSEG data

Net income increases to $8.2 mln

Outlook

Company optimistic about securing long-term power purchase agreement

Hallador exploring strategic acquisitions and enhancements

Result Drivers

COAL SALES - Revenue growth driven by strong increase in coal sales to $38.1 mln

OPERATIONAL RESILIENCE - Co attributes performance to operational resilience despite seasonal softness and scheduled outage

COST EFFICIENCY - Improved cost efficiency and stronger recovery rates benefited coal operations

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$102.9 mln$94.10 mln (3 Analysts)
Q2 Net Income$8.20 mln
Q2 Adjusted EBITDABeat$3.40 mln$1.96 mln (3 Analysts)
Q2 Adjusted Free Cash Flow$11.40 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the coal peer group is "buy" Wall Street's median 12-month price target for Hallador Energy Co is $23.00, about 7.7% above its August 8 closing price of $21.22 Press Release: ID:nGNX3WtWjk (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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