Hallador Energy restructures Sunrise Coal Division, significantly reducing Operating Costs
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., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hallador Energy Company (NASDAQ: HNRG) today announced a restructuring of the company’s Sunrise Coal Division designed to strengthen its financial and operational efficiency and create significant operational savings and higher margins. “As we transition Hallador from a coal production company to a vertically integrated independent power producer, we will idle production at our higher cost Freelandville and Prosperity Mines, reduce our capital reinvestment for coal production in 2024 by approximately $10 million, and focus our seven units of underground equipment on four units of our lowest cost production. We will further improve the cost structure of these units by increasing their run time from five and a half days per week to seven days per week. We expect our coal production to generate 4.5 million tons annually,” said Brent Bilsland, Hallador’s CEO. As part of the initiative, the company will reduce its workforce by appro
Show less
Read more
Impact Snapshot
Event Time:
HNRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HNRG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HNRG alerts
High impacting Hallador Energy Company news events
Weekly update
A roundup of the hottest topics
HNRG
News
- HALLADOR ENERGY COMPANY TO ANNOUNCE FIRST QUARTER 2024 RESULTSGlobeNewswire
- Is Hallador Energy (HNRG) Getting Valuable Every Day? [Yahoo! Finance]Yahoo! Finance
- Hallador Energy (NASDAQ: HNRG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hallador Energy (NASDAQ: HNRG) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Hallador Energy Company Announces the Appointment of Marjorie Hargrave as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
HNRG
Earnings
- 8/7/23 - Beat
HNRG
Analyst Actions
- 3/21/24 - TheStreet
HNRG
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- 4/19/24 - Form 3
- HNRG's page on the SEC website