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Hallador Energy Company

HNRGUtilitiesNASDAQ

Utilities - Independent Power Producers · Last scanned Sep 9, 2026

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Financials · Annual
Revenue
$469.5M
+16.2% YoY
Net Income
$41.9M
+118.5% YoY
EBITDA
$99.8M
+163.3% YoY
Free Cash Flow
-$5.1M

Scan Results

Daily timeframe
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DateIndicatorDetails
Aug 12 MACD Positive CrossoverHistogram +0.1410, positive momentum
Aug 11 MACD Positive CrossoverHistogram +0.1020, positive momentum
About Hallador Energy Company

Hallador Energy Company, through its subsidiaries, operates as an independent power producer and fuel company in the United States. With a market capitalization of $796.7M, it sits in small-cap territory. It operates in two segments, Electric Operations and Coal Operations.

Where HNRG stands vs its 150-day and 200-day moving averages

As of the August 12, 2026 close, HNRG finished 10.42% below its 150-day moving average ($17.46) and 13.92% below its 200-day moving average ($18.17). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is HNRG overbought or oversold?

At the August 12, 2026 close, HNRG's RSI(14) was 45.1, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$796.7M
P/E (TTM)845.00
Fwd P/E25.74
EPS$0.02
Beta0.31
52W Change-6.5%
ROE-0.6%
Analysis

Hallador Energy Company carries $47.7M in total debt against $29.0M in cash reserves — debt is roughly 1.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$5.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -0.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $362.0M (2022) to $469.5M (2025), reflecting a 30% increase over the period.

The relatively low beta of 0.31 suggests HNRG is a less volatile holding compared to the broader index. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. No single metric tells the full story. Reviewing HNRG's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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