Key Points
- Director Charles Ray Iv Wesley bought 13,000 shares at an average price of $19.28 on Nov. 21 for $250,640, increasing his holding to 247,914 shares (a 5.53% boost), per an SEC Form 4 filing.
- Hallador shares traded down about 4.1% to $19.21 with above‑average volume; the company has a market cap of roughly $842M, a 12‑month range of $8.37–$24.70, and a negative PE.
- The company reported a quarter of $0.55 EPS (vs. $0.06 expected) and $146.85M revenue (vs. $110.92M est.) but posted a negative net margin (-46.6%); analysts' consensus is a Hold with an average price target of $21.25.
Hallador Energy Company (NASDAQ:HNRG - Get Free Report) Director Charles Ray Iv Wesley purchased 13,000 shares of the company's stock in a transaction that occurred on Friday, November 21st. The shares were purchased at an average cost of $19.28 per share, for a total transaction of $250,640.00. Following the completion of the purchase, the director owned 247,914 shares in the company, valued at $4,779,781.92. This trade represents a 5.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Hallador Energy Stock Down 4.1%
Shares of NASDAQ:HNRG traded down $0.82 during midday trading on Friday, hitting $19.21. 731,103 shares of the company's stock were exchanged, compared to its average volume of 673,701. The company has a market cap of $841.88 million, a PE ratio of -3.85 and a beta of 0.44. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.67 and a quick ratio of 0.26. Hallador Energy Company has a 12 month low of $8.37 and a 12 month high of $24.70. The stock has a 50 day moving average price of $20.10 and a 200-day moving average price of $17.92.
Hallador Energy (NASDAQ:HNRG - Get Free Report) last posted its quarterly earnings data on Monday, November 10th. The energy company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.06 by $0.49. The firm had revenue of $146.85 million during the quarter, compared to analyst estimates of $110.92 million. Hallador Energy had a negative net margin of 46.61% and a positive return on equity of 11.58%. On average, sell-side analysts anticipate that Hallador Energy Company will post -0.31 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have weighed in on HNRG. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Hallador Energy in a report on Wednesday, October 8th. Wall Street Zen raised Hallador Energy from a "hold" rating to a "buy" rating in a research note on Sunday, October 26th. Citigroup cut Hallador Energy to a "neutral" rating in a research note on Tuesday, August 12th. Alliance Global Partners reaffirmed a "buy" rating on shares of Hallador Energy in a research note on Tuesday, November 11th. Finally, Zacks Research cut Hallador Energy from a "strong-buy" rating to a "hold" rating in a report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Hallador Energy currently has a consensus rating of "Hold" and an average price target of $21.25.
Read Our Latest Report on Hallador Energy
Institutional Investors Weigh In On Hallador Energy
Several institutional investors and hedge funds have recently made changes to their positions in HNRG. Bleakley Financial Group LLC purchased a new position in Hallador Energy in the second quarter worth about $319,000. Vanguard Group Inc. lifted its holdings in Hallador Energy by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company's stock worth $20,797,000 after purchasing an additional 65,652 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Hallador Energy in the first quarter worth $1,126,000. Invesco Ltd. lifted its holdings in shares of Hallador Energy by 356.4% in the first quarter. Invesco Ltd. now owns 273,300 shares of the energy company's stock worth $3,356,000 after buying an additional 213,421 shares in the last quarter. Finally, Nuveen LLC purchased a new position in Hallador Energy during the first quarter valued at $1,090,000. Institutional investors own 61.38% of the company's stock.
About Hallador Energy
(
Get Free Report)
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.
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