Welcome to our dedicated page for Hallador Energy news (Ticker: HNRG), a resource for investors and traders seeking the latest updates and insights on Hallador Energy stock.
Hallador Energy Company reports developments tied to its vertically integrated independent power and fuel business in Indiana. The company operates electric and coal businesses, with electric operations in the Midcontinent Independent System Operator footprint and coal operations that support its fuel and sales activities.
Recurring HNRG news includes financial and operating results, accredited capacity sales, energy and coal sales, contracted revenue updates, credit facilities, and liquidity actions. Company updates also cover board composition, executive roles, compensation plans, risk oversight, and other governance matters connected to Hallador’s power-generation and coal operations.
Hallador Energy (Nasdaq:HNRG) announced that subsidiary Hallador Power was selected by the U.S. Department of Energy’s Hydrocarbons and Geothermal Energy Office to begin award negotiations for up to $27.2 million in potential federal funding to modernize the Merom Generating Station in Indiana.
The estimated total project cost is approximately $56.9 million, targeting water management upgrades to meet future Effluent Limitation Guidelines and support reliable energy delivery in MISO zone 6. Hallador does not expect the potential DOE funding to be material to its 2026 financial results and notes there is no guarantee funding will be awarded.
Hallador Energy (NASDAQ:HNRG) agreed to acquire about 460 MW of Siemens gas turbines and related equipment from Energy World Corporation for $350 million (~$760/kW), plus about $100 million of transport, refurbishment, insurance, and logistics, for a total delivered cost of $450 million.
The equipment anchors Hallador’s proposed Merom simple-cycle natural gas project, now progressing through MISO’s ERAS process. Hallador reports no bank debt, a $120 million credit facility, a contracted sales book above $2.1 billion, and a 12‑year capacity agreement over $1 billion. If the project proceeds as anticipated, Hallador expects potential revenue and cash flow from late 2028 to mid‑2029, subject to interconnection, long‑term offtake, financing, permitting, and a final investment decision expected after ERAS completion around September 2026.
Hallador Energy (Nasdaq: HNRG) reported Q1 2026 results and announced a 12-year capacity agreement running 2028–2040 expected to generate more than $1 billion of contracted revenue. Q1 revenue was $101.8M, operating cash flow $20.5M, net loss $(9.3)M and adjusted EBITDA $5.5M.
The capacity-only sale covers ~2/3 of accredited capacity from 2029–2040, doubles forward sales book, and is subject to customary regulatory approvals expected H2 2026.
Hallador Energy (Nasdaq: HNRG) will hold a conference call on Wednesday, May 6, 2026 at 5:00 p.m. ET to discuss first quarter results for the period ended March 31, 2026. Management will present results, take questions, and the results will be released before the call.
Dial-in numbers, conference ID, and a live webcast with replay are available via the company’s investor relations website.
Hallador Energy (NASDAQ:HNRG) signed a three-year agreement to sell substantially all remaining accredited capacity for planning years 2026 through summer 2028 at record pricing.
The capacity is priced at approximately 2x the levels in the company's forward sales book and is expected to generate about $86 million of cumulative revenue over the term. Management says the pricing could support capacity revenues of roughly $130 million annually beginning in 2029, and that Merom's largely fixed cost structure should allow most incremental capacity revenue to flow to operating cash flow. The company also referenced progress on a proposed 515MW natural gas simple cycle project via the ERAS program.
Hallador Energy (Nasdaq: HNRG) reported full-year 2025 results with total revenue up 16% to $469.5M, operating cash flow up 23% to $81.1M, and Adjusted EBITDA rising ~3x to $56.0M. The company’s Merom ERAS application was accepted for a 515 MW gas expansion (~50% generation increase) with a ~$14M deposit and target completion by Q3 2029.
Hallador ended 2025 with $30.0M bank debt, $38.8M liquidity, ~$1.3B forward commitments through 2029, and closed a new $120M 3-year secured credit facility in March 2026.
Hallador Energy (Nasdaq: HNRG) closed a $120 million Senior Secured Credit Agreement on March 5, 2026, maturing March 5, 2029. The Facilities comprise a $75 million revolving credit facility and a $45 million delayed draw term loan facility.
The revolving facility includes a $25 million letters-of-credit sub-facility, a $10 million swingline, and an accordion feature to request up to $25 million incremental commitments. The Company plans to use proceeds to refinance its prior credit facility, provide working capital and support strategic growth. Texas Capital Bank serves as administrative agent; Old National Bank and First Financial Bank participated in the syndicate.
Hallador Energy (Nasdaq: HNRG) appointed Daniel Hudson to its Board, effective March 6, 2026, expanding the Board to seven members with six independent directors. Mr. Hudson brings over three decades in power generation and has led or advised on $35 billion in energy transactions.
Also effective March 6, 2026, Heath Lovell was promoted to Chief Operating Officer, retaining his roles as President of Hallador Power Company and Sunrise Coal and bringing operational leadership with prior regional coal operations experience and an MBA.
Hallador Energy (Nasdaq: HNRG) will hold a conference call on March 12, 2026 at 5:00 p.m. ET to discuss fourth quarter and full year results for the period ended December 31, 2025. A press release with results will be issued prior to the call.
Management will lead the call with Q&A. Interested parties may submit questions in advance to the investor relations team at HNRG@elevate-ir.com. Dial-in and live webcast registration links are available, and a replay will be hosted in the investor relations section at www.halladorenergy.com.
Hallador Energy (Nasdaq: HNRG) priced an underwritten public offering of 2,777,778 common shares at $18.00 per share, expected to raise approximately $50 million in gross proceeds before underwriting discounts, commissions and expenses. The underwriters have a 30-day option to buy up to an additional 416,666 shares. Closing is expected on or about January 15, 2026, subject to customary closing conditions. Net proceeds are intended for general corporate purposes, including funding initial financial commitments for a planned additional natural gas generating facility. Texas Capital Securities is sole bookrunner; Northland Capital Markets and A.G.P./Alliance Global Partners are co-managers.