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Stock impact report

Hallador Energy Company Reports First Quarter 2024 Financial and Operating Results

Hallador Energy Company (HNRG) 
Last hallador energy company earnings: 3/9 05:24 pm Check Earnings Report
US:NASDAQ Investor Relations: halladorenergy.com
Company Research Source: GlobeNewswire
TERRE HAUTE, Ind., May 06, 2024 (GLOBE NEWSWIRE) -- Hallador Energy Company (NASDAQ – HNRG) reported a net loss of $1.7 million, $(0.05) basic earnings per share, operating cash flow of $16.4 million, and adjusted EBITDA of $6.8 million for the quarter ended March 31, 2024. Brent Bilsland, President and Chief Executive Officer, stated, "Throughout the first quarter, we continued our progress on transitioning the focus of Hallador from a coal production company to an independent power producer. During the first three months of 2024, our Electric Operation's revenue exceeded that of our Coal Operation's revenue. Additionally, we were successful in adding approximately $138.0 million in forward energy and capacity sales, growing our Electric Operation's forward sales book to approximately $657.0 million and total contracted forward sales capacity, energy and coal through 2029 to $1.5 billion (on a segment basis). In support of our expectation that Hallador Power sales will continue to Show less Read more
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