Core Viewpoint - Hallador Energy Company has announced a public offering of 2,777,778 shares of common stock at a price of $18.00 per share, aiming to raise approximately $50 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering consists of 2,777,778 shares priced at $18.00 each, with total gross proceeds expected to be around $50 million [1]. - Hallador has granted underwriters a 30-day option to purchase an additional 416,666 shares [1]. - The closing of the offering is anticipated to occur on or about January 15, 2026, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, which may include funding initial financial commitments for equipment to support a planned additional natural gas generating facility [2]. Group 3: Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana, with two core businesses: Hallador Power Company, LLC, which operates the Merom Generating Station, and Sunrise Coal, LLC, which supplies fuel to the station and other companies [6].

Core Viewpoint - Hallador Energy Company plans to offer and sell $50 million of its common stock in an underwritten public offering, with a potential additional 15% option for underwriters [1] Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding its completion or the actual size and terms [1] - Hallador intends to use the net proceeds for general corporate purposes, including funding initial financial commitments for a new natural gas generating facility [2] - Texas Capital Securities is the sole bookrunner, while Northland Capital Markets is acting as co-manager for the offering [2] Group 2: Registration and Prospectus - The securities are being offered under an automatic shelf registration statement on Form S-3, effective upon filing with the SEC on January 13, 2026 [3] - A preliminary prospectus supplement has been filed with the SEC, and a final prospectus supplement will also be filed [4] Group 3: Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer based in Terre Haute, Indiana, with two core businesses: Hallador Power Company, which operates the Merom Generating Station, and Sunrise Coal, which supplies fuel [6]

Core Insights - Hallador Energy Company has appointed Barbara Sugg to its Board of Directors, effective January 1, 2026, following the resignation of David Hardie, maintaining a total of six board members, five of whom are independent under Nasdaq standards [1][2]. Group 1: Leadership Changes - Barbara Sugg brings over 30 years of leadership experience in the energy sector, previously serving as President and CEO of Southwest Power Pool (SPP), where she oversaw significant initiatives including securing approximately $2 billion in funding for joint transmission projects [2][3]. - David Hardie has been recognized for his invaluable contributions during his 35-year tenure with the company [2]. Group 2: Barbara Sugg's Experience - As CEO of SPP, Sugg led an organization of over 800 employees and was instrumental in integrating more than 10 gigawatts of energy resources while expanding SPP into the western interconnection [2]. - Prior to her role as CEO, Sugg was Senior Vice President of Information Technology and Chief Security Officer at SPP, focusing on technology modernization and cybersecurity [3]. Group 3: Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer based in Terre Haute, Indiana, with two core businesses: Hallador Power Company, which operates the 1 Gigawatt Merom Generating Station, and Sunrise Coal, which supplies fuel to the station and other companies [6].

Company Overview - Hallador Energy Company (NASDAQ:HNRG) is involved in the production of steam coal for the electric power generation industry in Indiana and has transitioned into a vertically integrated Independent Power Producer (IPP) [2] Recent Performance - The share price of Hallador Energy fell by 21.43% from December 10 to December 17, 2025, making it one of the energy stocks that lost the most during that week [1] Market Dynamics - Earlier in the month, Hallador Energy's stock gained due to natural gas prices reaching a three-year high, prompting power suppliers to increase output from coal-fired plants [3] - However, natural gas prices have since decreased by over 26%, influenced by record-high production, ample storage, and forecasts of warmer temperatures, which may lower heating demand [3] Investor Sentiment - The recent decline in share price may be attributed to profit-taking by investors and bearish sentiment in the energy sector, driven by a significant drop in crude oil and natural gas prices [4]

Core Insights - Three stocks with strong momentum and a buy rank are highlighted for investors: MongoDB, Hallador Energy, and Invesco [1][2][3] MongoDB, Inc. (MDB) - MongoDB is a database platform provider with a Zacks Rank of 1 - The Zacks Consensus Estimate for its current year earnings increased by 27% over the last 60 days - MongoDB's shares rose by 31.2% over the last three months, outperforming the S&P 500's 1.1% increase - The company has a Momentum Score of A [1] Hallador Energy Company (HNRG) - Hallador Energy is a steam coal company with a Zacks Rank of 1 - The Zacks Consensus Estimate for its current year earnings increased by 84.9% over the last 60 days - Hallador Energy's shares gained 20% over the last six months, compared to the S&P 500's 13.5% increase - The company also possesses a Momentum Score of A [2] Invesco Ltd. (IVZ) - Invesco is a publicly owned investment manager with a Zacks Rank of 1 - The Zacks Consensus Estimate for its current year earnings increased by 6.6% over the last 60 days - Invesco's shares increased by 17.4% over the last three months, while the S&P 500 advanced by 1.1% - The company has a Momentum Score of A [3]

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Stocks with Increased Earnings Estimates - Phillips 66 (PSX): The Zacks Consensus Estimate for its current year earnings has increased by 15.7% over the last 60 days [1] - MongoDB, Inc. (MDB): The Zacks Consensus Estimate for its current year earnings has increased by 27% over the last 60 days [1] - Hallador Energy Company (HNRG): The Zacks Consensus Estimate for its current year earnings has increased by 84.9% over the last 60 days [2] - SiriusPoint Ltd. (SPNT): The Zacks Consensus Estimate for its current year earnings has increased by 7.6% over the last 60 days [2] - John B. Sanfilippo & Son, Inc. (JBSS): The Zacks Consensus Estimate for its current year earnings has increased by 7.8% over the last 60 days [2]

Core Insights - The article highlights the author's extensive background in finance, particularly in corporate finance, M&A, and investment analysis, with a focus on real estate, renewable energy, and equity markets [1] Group 1: Professional Background - The author holds a Master's degree in Banking & Finance from Université Paris 1 Panthéon-Sorbonne [1] - The author's experience spans over 10 years in investment banking, specializing in financial modeling, valuation, and qualitative analysis [1] - The author has hands-on experience in private equity, asset management, and real estate [1] Group 2: Objectives and Engagement - The author aims to share insights and analysis on interesting companies with a global audience through Seeking Alpha [1] - The author expresses a desire to engage in debates and discussions to foster continuous improvement in investment decision-making [1] - The motivation behind the author's writing is to empower informed decisions and connect with readers [1]

Group 1 - The purpose of the call is to introduce Bent Oustad to the market, highlighting his familiarity with many attendees and his new role [1] - Bent Oustad has a background in corporate finance and real estate, having previously worked at Arthur Andersen and ABG Sundal Collier [2][3] - Oustad has recently relocated to Stockholm and expressed enthusiasm about his new position and the city [3]

Core Viewpoint - Hallador Energy Company has finalized its application for the Expedited Resource Addition Study (ERAS) program, which aims to facilitate the addition of up to 515 MW of natural gas generation at its Merom Generating Station, with deposits totaling approximately $13 million made as part of the application process [1][2]. Group 1: Application and Development Plans - The completion of the application is a significant step towards expanding power generation capabilities at the Merom site, allowing Hallador to serve a broader range of customers in the high-demand energy sector [2]. - The company is actively evaluating financing options and plans to secure generating infrastructure while the ERAS application is under review [2]. - To support the development efforts related to the ERAS project, Hallador has filed a prospectus supplement to raise up to $50 million of common stock under its existing ATM program [2]. Group 2: Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana, with two main businesses: Hallador Power Company, LLC, which operates the one Gigawatt (GW) Merom Generating Station, and Sunrise Coal, LLC, which supplies fuel to the Merom Generating Station and other companies [5].

Core Viewpoint - Hallador Energy Company (NASDAQ:HNRG) has experienced a significant increase in share price, attributed to favorable market conditions and analyst support, positioning it as a strong player in the energy sector [1][3][4]. Company Overview - Hallador Energy Company engages in the production of steam coal for the electric power generation industry in Indiana and has evolved into a vertically integrated Independent Power Producer (IPP) [2]. Market Performance - The share price of Hallador Energy surged by 11.78% from December 5 to December 12, 2025, making it one of the top-performing energy stocks during that week [1]. - Northland Securities reiterated a 'Buy' rating for Hallador Energy on December 3, setting a price target of $29, which suggests a 30% upside potential from the current share price [3]. Industry Context - The rise in natural gas prices has positively impacted American coal producers, including Hallador Energy, as power suppliers are likely to increase output from coal-fired plants due to lower costs compared to natural gas [4]. - Political support, particularly from President Trump, has revitalized the coal sector, leading to plans for capacity expansion among several coal producers [4].