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
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$102.9 mln
$94.10 mln (3 Analysts)
Q2 Net Income
$8.20 mln
Q2 Adjusted EBITDA
Beat
$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.)