
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
AI Summary
- About


Hallador Energy Company (HNRG)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
02/13/2025: HNRG (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 90.35% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 485.83M USD | Price to earnings Ratio - | 1Y Target Price 15 |
Price to earnings Ratio - | 1Y Target Price 15 | ||
Volume (30-day avg) 468777 | Beta 0.62 | 52 Weeks Range 4.33 - 14.00 | Updated Date 02/13/2025 |
52 Weeks Range 4.33 - 14.00 | Updated Date 02/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.58 |
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -4.8% | Operating Margin (TTM) 4.49% |
Management Effectiveness
Return on Assets (TTM) -1.09% | Return on Equity (TTM) -6.97% |
Valuation
Trailing PE - | Forward PE 188.68 | Enterprise Value 564501031 | Price to Sales(TTM) 1.13 |
Enterprise Value 564501031 | Price to Sales(TTM) 1.13 | ||
Enterprise Value to Revenue 1.31 | Enterprise Value to EBITDA 13.05 | Shares Outstanding 42617100 | Shares Floating 30434155 |
Shares Outstanding 42617100 | Shares Floating 30434155 | ||
Percent Insiders 16.2 | Percent Institutions 59.37 |
AI Summary
Hallador Energy Company: A Comprehensive Overview
Company Profile:
Detailed History and Background:
Hallador Energy Company (HNRG) was incorporated in 1913 in Missouri and has been involved in the energy industry for over a century. Initially known as Missouri Public Service Company, the company evolved through acquisitions and mergers, transitioning from a coal-based utility to a diversified energy company. Today, HNRG operates through two primary segments:
- Coal: HNRG owns and operates the Big Sky Mine in Montana, supplying coal to power plants and industrial customers across the US.
- Retail Electric: HNRG provides electricity to residential and commercial customers in Missouri through its Missouri Public Service subsidiary.
Core Business Areas:
- Coal Mining and Sales: HNRG extracts and sells low-sulfur, sub-bituminous coal from its Big Sky Mine.
- Retail Electric Distribution: HNRG delivers electricity to approximately 43,000 customers in Missouri.
- Other: HNRG also engages in energy trading and marketing activities, including natural gas, electricity, and environmental products.
Leadership and Corporate Structure:
- CEO: Brent B. Haggard
- President: Mark A. Zehner
- Executive Vice President and CFO: William K. J. Eickhoff
- Executive Vice President and COO: Jeffrey D. Theobald
- The company operates through a Board of Directors and various executive committees.
Top Products and Market Share:
Top Products:
- Low-sulfur, sub-bituminous coal: HNRG sells this coal to power plants and industrial customers, primarily in the western US.
- Electricity: HNRG supplies electricity to residential and commercial customers in Missouri.
Market Share:
- Coal: HNRG holds a small market share in the US coal market, estimated to be around 1%.
- Retail Electricity: HNRG has a market share of approximately 2% in the Missouri electricity market.
Product Performance and Market Reception:
- Coal: HNRG's coal sales have been declining in recent years due to the transition towards cleaner energy sources.
- Retail Electricity: HNRG's electricity sales have been relatively stable, reflecting the company's focus on regulated markets.
Competitors:
- Coal: Major competitors include Peabody Energy (BTU), Arch Resources (ARCH), and Cloud Peak Energy (CLD).
- Retail Electricity: HNRG competes with other electric utilities in Missouri, such as Ameren (AEE) and Evergy (EVRG).
Total Addressable Market:
The total addressable market for HNRG's coal business is the US coal market, which is estimated to be valued at approximately $20 billion. The total addressable market for HNRG's retail electricity business is the Missouri electricity market, which is estimated to be valued at approximately $3 billion.
Financial Performance:
- Revenue: HNRG's revenue has been declining in recent years, reflecting the decrease in coal sales. In 2022, the company reported revenue of $213 million.
- Net Income: HNRG's net income has also been declining, with a net loss of $11.6 million reported in 2022.
- Profit Margins: HNRG's profit margins have been negative in recent years due to declining coal sales and increasing operating costs.
- Earnings per Share (EPS): HNRG reported an EPS of -$0.41 in 2022.
Year-over-Year Comparison:
- Revenue has declined by 14% compared to 2021.
- Net income has decreased significantly compared to a net income of $14.5 million in 2021.
- Profit margins have remained negative.
- EPS has shown a significant decrease compared to $0.51 in 2021.
Cash Flow and Balance Sheet:
- HNRG's cash flow from operations has been negative in recent years.
- The company's balance sheet shows a high level of debt compared to equity.
Dividends and Shareholder Returns:
- Dividend History: HNRG has not paid a dividend since 2015.
- Shareholder Returns: HNRG's stock price has declined significantly in recent years. Shareholder returns have been negative over the past 1, 5, and 10 years.
Growth Trajectory:
- Historical Growth: HNRG's historical growth has been negative, reflecting the challenges faced by the coal industry.
- Future Growth Projections: Future growth prospects for HNRG are uncertain, given the continued decline in coal demand and the company's high debt load.
- Recent Initiatives: HNRG is exploring opportunities in renewable energy and energy efficiency to diversify its business.
Market Dynamics:
- Industry Trends: The coal industry is facing significant challenges due to environmental concerns and the transition towards cleaner energy sources.
- Demand-Supply Scenario: Coal demand is expected to continue declining in the future, while the supply of coal is likely to remain stable.
- Technological Advancements: Technological advancements in renewable energy and energy efficiency are expected to further challenge the coal industry.
Positioning and Adaptability:
- HNRG is well-positioned in the regulated retail electricity market, which provides some stability for the company.
- However, the company's coal business faces significant challenges and needs to adapt to the changing energy landscape.
Key Challenges and Opportunities:
Key Challenges:
- Declining coal demand and increasing competition from other energy sources.
- High debt load and negative cash flow.
- Environmental regulations and litigation.
Potential Opportunities:
- Diversification into renewable energy and energy efficiency.
- Expansion into new markets.
- Cost reduction initiatives.
Recent Acquisitions:
HNRG has not made any significant acquisitions in the last 3 years.
AI-Based Fundamental Rating:
Based on an AI-based fundamental analysis, HNRG receives a rating of 3 out of 10. This rating reflects the company's weak financial performance, high debt load, and uncertain future prospects.
Sources and Disclaimers:
- Sources: HNRG's annual reports, SEC filings, company website, industry reports, and financial news sources.
- Disclaimer: This analysis is for informational purposes only and should not be considered investment advice.
About Hallador Energy Company
Exchange NASDAQ | Headquaters Terre Haute, IN, United States | ||
IPO Launch date 1997-01-20 | President, CEO & Chairman Mr. Brent K. Bilsland | ||
Sector Energy | Industry Thermal Coal | Full time employees 936 | Website https://www.halladorenergy.com |
Full time employees 936 | Website https://www.halladorenergy.com |
Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana. It is also involved in gas exploration activities in Indiana; and operation of logistics transport facility. Hallador Energy Company was founded in 1949 and is headquartered in Terre Haute, Indiana.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.