Welcome to our dedicated page for Hallador Energy Company news (Ticker: $HNRG), a resource for investors and traders seeking the latest updates and insights on Hallador Energy Company stock.
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Hallador Energy Company reported a net loss of $1.7 million, $(0.05) basic earnings per share, operating cash flow of $16.4 million, and adjusted EBITDA of $6.8 million for Q1 2024. The company is transitioning to an independent power producer, with Electric Operation revenue surpassing Coal Operation revenue. Forward sales book increased to $657.0 million, supporting the shift. Coal Division restructuring aims to improve margins. Solid forward sales position and revenue contracts through 2029 reflect positive growth.
Hallador Energy Company will announce its first quarter 2024 financial results on May 6, 2024, followed by a conference call on May 7, 2024. The call will be webcast live on their website.