Hallador Energy Company (HNRG)

Nov 10, 2026

Hallador Energy (HNRG) reported a net loss of $4.5 million in Q3 2026 due to a debt extinguishment loss and increased power costs, despite a 77% sequential increase in Merom generation. The company is advancing its Turtle Creek natural gas project, targeting a final investment decision by year-end 2026 and commercial operation by H2 2028, aiming to double its value to $1.6 billion. Hallador has secured $3 billion in contracted forward sales, primarily with investment-grade utilities, and is focused on maximizing Merom's availability to capitalize on rising energy and capacity prices.

Nov 10, 2026

Hallador Energy is moving forward with its proposed 460-megawatt Turtle Creek natural gas project in Indiana, aiming for a final investment decision by the end of 2026. The company has acquired turbine equipment and secured a $600 million construction financing facility, targeting commercial operation in the second half of 2028. Significant steps remain, including finalizing engineering, construction, and grid interconnection agreements, as well as obtaining necessary environmental permits.

Nov 10, 2026

Hallador Energy Co (HNRG) reported on its Q3 2026 earnings call, highlighting record contracted capacity for its Merom plant through 2035 and significant progress on the Turtle Creek project, including securing $600 million in financing. Despite these positive developments and strong pricing for capacity sales, the company posted a net loss of $4.5 million and a decline in adjusted EBITDA for the quarter, primarily due to increased purchased power costs and interest expenses on the Turtle Creek loan before its commercial operation. Management discussed strategies for Turtle Creek's offtake agreements, turbine delivery, and efforts to improve Merom's margins and availability.

Nov 10, 2026

Hallador Energy (NASDAQ:HNRG) reported a quarterly loss of $0.10 per share, missing consensus estimates by $0.18, despite revenue of $130.25 million exceeding expectations. The company experienced a year-over-year decline in revenue and adjusted EBITDA, with operating cash flow turning negative. While the Merom power station's availability improved, the planned Turtle Creek project, a significant growth opportunity, still lacks key agreements and secured capital, though management aims for a final investment decision by year-end 2026.

Nov 7, 2026

CenterBook Partners LP significantly increased its stake in Hallador Energy Company (HNRG) by 81.7% in the third quarter, now owning 1.31% of the company. Despite Hallador missing EPS estimates for the quarter, its revenue exceeded expectations, and the stock traded up 7.9% mid-day Friday. Analyst ratings for HNRG are mixed, with a consensus of "Moderate Buy" but varying individual recommendations from "Strong Buy" to "Strong Sell."

Nov 2, 2026

Hallador Energy (NASDAQ:HNRG) is scheduled to release its Q3 2026 earnings after the market closes on Monday, November 9th. Analysts predict earnings of $0.07 per share on $118.25 million in revenue, following a Q2 earnings miss but a revenue beat. The stock, currently trading near its 12-month low, holds a "Moderate Buy" consensus rating with an average price target of $24.88 despite mixed analyst opinions and recent downgrades.