Hallador Energy FY25 revenue slightly misses estimates

Hallador Energy

12/03/2026 21:03

Overview

US power producer's FY25 revenue up 16% yr/yr, slightly missed analyst expectations

Adjusted EBITDA for FY25 beat estimates, rising nearly threefold yr/yr

Outlook

Hallador has $866.9 mln of contracted third-party revenue through 2029

Company targets completion of 515MW Merom gas generator expansion by Q3 2029

Result Drivers

ELECTRIC SALES GROWTH - Electric sales rose 19% yr/yr, contributing to overall revenue increase

COAL SEGMENT IMPROVEMENT - Improved coal segment results followed production optimization and cost restructuring

POWER PRICING ENVIRONMENT - Constructive power pricing supported full-year growth, per company

PREPAID POWER SALES - Cash flow was supplemented by proceeds from prepaid forward power sales contracts

Company press release: ID:nGNXffzCV

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
$469.5 mln
$470.66 mln (4 Analysts)
FY Net Income
$41.9 mln
FY Adjusted EBITDA
Beat
$56 mln
$54.73 mln (4 Analysts)
FY Operating Cash Flow
$81.1 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the independent power producers peer group is "buy"

Wall Street's median 12-month price target for Hallador Energy Co is $27.00, about 42.7% above its March 11 closing price of $18.92

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 30 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)