Touchstone
Last syncNov 1, 2026, 6:55 PM ET

HNRG

Hallador Energy Co Utilities Electric Services Russell 3000
$11.22Close $491.6MMarket cap $10.99 – $23.8152-week range Nov 9, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 7 · weaker than 93% of stocks over 12 months
  • Far from its high 53% below its 52-week high
  • Earnings shrinking EPS −269% year on year
  • Results soon Nov 9, 2026, in 8 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 53%
1wk up 1.5% price change
1mo down 19.1% price change
12-month return down 45% market up 11% · its own down 56%
F-score — — Not assessed
Altman Z″ 0.86 Moderate riskadjusted
P/E 11.7× price / earnings
PEG — P/E / EPS growth
P/B 3.1× price / book
Earnings yield up 11.9% EBIT / enterprise value
Cheaper than 63% of the market · cheap
Revenue growth up 16% year on year
EPS growth down 269% latest quarter · -81 pts
Sales growth down 1% latest quarter · +12 pts
ROE up 32% return on equity
Free cash margin up 3% $11.9M FCF
D/E 0.19 long-term debt / equity
Net debt / EBITDA 0.2×
Interest cover 3.6×EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 21% ($0.0B → $0.0B)
  • Revenue reaccelerating (-36% then +16%)

Trade setup

ATR% 7.3% $0.82 a day · 2×ATR $9.58
RS 7 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 0.72 50 sessions
Implied move — no option chain · report Nov 9, 2026
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Shareholders diluted The share count rose 2.8% over the year, from 43m to 44m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 10, 2026
Results reaction Aug 10, 2026+7% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $469.5M +16% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $242.1M FY2021 · $243.9M FY2022 · $362.0M FY2023 · $634.9M FY2024 · $404.2M FY2025 · $469.5M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $41.9M back to a profit
-$250M $0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$6.2M FY2021 · -$3.8M FY2022 · $18.1M FY2023 · $44.8M FY2024 · -$226.1M FY2025 · $41.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $11.9M -5% on FY2024
-$20M $0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $31.9M FY2021 · $19.9M FY2022 · $149,000 FY2023 · -$15.9M FY2024 · $12.6M FY2025 · $11.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross
  • Net 9%
  • Free cash 3%
-100% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 23% · Net -3% · Free cash 13% FY2021 · Gross 18% · Net -2% · Free cash 8% FY2022 · Gross 26% · Net 5% · Free cash 0% FY2023 · Gross 25% · Net 7% · Free cash -3% FY2024 · Net -56% · Free cash 3% FY2025 · Net 9% · Free cash 3%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $19.6M net debt
  • Cash
  • Long-term debt
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $8.0M · Long-term debt $97.3M FY2021 · Cash $2.5M · Long-term debt $84.7M FY2022 · Cash $3.0M · Long-term debt $49.7M FY2023 · Cash $2.8M · Long-term debt $63.5M FY2024 · Cash $7.2M · Long-term debt $37.4M FY2025 · Cash $10.1M · Long-term debt $29.7M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 43.82m +43.1% since FY2020
43.82m 30.61m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 30.61m FY2021 · 30.79m FY2022 · 32.98m FY2023 · 34.05m FY2024 · 42.62m FY2025 · 43.82m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $242.1M $243.9M $362.0M $634.9M $404.2M $469.5M
Gross margin 23% 18% 26% 25% — —
Operating income $3.1M -$6.0M $30.4M $65.0M -$218.4M $61.1M
Net income -$6.2M -$3.8M $18.1M $44.8M -$226.1M $41.9M
Net margin -3% -2% 5% 7% -56% 9%
Earnings per share — -$0.12 $0.54 $1.22 -$5.72 $0.96
Free cash flow $31.9M $19.9M $149,000 -$15.9M $12.6M $11.9M
Free cash margin 13% 8% 0% -3% 3% 3%
Cash $8.0M $2.5M $3.0M $2.8M $7.2M $10.1M
Long-term debt $97.3M $84.7M $49.7M $63.5M $37.4M $29.7M
Shareholders' equity $185.3M $215.0M $215.0M $268.6M $104.3M $159.8M
Shares outstanding 30.61m 30.79m 32.98m 34.05m 42.62m 43.82m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Mar 12, 2026 Annual ↗ Dec 31, 2025 71d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Aug 11, 2025 Quarterly ↗ Jun 30, 2025 42d
May 12, 2025 Quarterly ↗ Mar 31, 2025 42d
Mar 17, 2025 Annual ↗ Dec 31, 2024 76d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Mar 14, 2024 Annual ↗ Dec 31, 2023 74d
Nov 6, 2023 Quarterly ↗ Sep 30, 2023 37d

Current reports

FiledDisclosed
Oct 8, 2026 Material agreement · New obligation · Regulation FD ↗
Sep 17, 2026 Material agreement · New obligation · Regulation FD ↗
Aug 14, 2026 Material agreement · New obligation ↗
Aug 10, 2026 Results ↗
Jun 26, 2026 Material agreement · New obligation ↗
Jun 11, 2026 Director or officer change ↗
Jun 5, 2026 Regulation FD ↗
Jun 3, 2026 Item 1.04 ↗
Jun 2, 2026 Material agreement · Regulation FD ↗
May 29, 2026 Shareholder vote ↗
May 6, 2026 Director or officer change · Other events ↗
May 6, 2026 Results ↗