Financial Performance - In Q3 2025, the company generated $146.8 million in revenue and $23.9 million in net income, a significant increase from $105.2 million in revenue and $1.6 million in net income in the same period last year[113]. - Total Electric Sales were $93.2 million, an increase of $21.1 million or 29.3% compared to Q3 2024[153]. - Year-to-date 2025 Total Electric Sales were $239.2 million, an increase of $46.2 million or 23.9% compared to YTD 2024[156]. - Electric Operations income before income taxes in Q3 2025 was $18.3 million, a decrease of $0.9 million or 4.8% compared to Q3 2024[153]. - Year-to-date 2025 Electric Operations income before income taxes was $49.1 million, an increase of $8.2 million or 20.0% compared to YTD 2024[156]. - The company reported a basic earnings per share of $0.56 for Q3 2025, compared to a loss of $5.06 in Q4 2024[162]. Sales and Operations - The company sold 1.6 million MWh in Q3 2025, representing a 100% increase from Q2 2025, with electric sales averaging $59.09 per MWh[136]. - Total electric sales in Q3 2025 reached $93.2 million, a 55.3% increase from Q2 2025, while total electric operations expenses were $75.2 million, up 46% from the previous quarter[138]. - Delivered Energy revenue increased $21.5 million or 38.3% in Q3 2025, with 0.4 million more MWh sold, a 33.4% increase[153]. - Coal operations generated $68.8 million in sales in Q3 2025, a 51.2% increase from Q2 2025, with net income rising 335.7% to $6.1 million[139]. - In Q3 2025, Total Coal Sales were $68.8 million, an increase of $20.5 million or 42.4% compared to Q3 2024[159]. - Coal sales increased by $20.5 million, or 42.4%, compared to Q3 2024, with a total of $169.1 million in YTD 2025[160]. Expenses and Costs - Total Electric Operations expenses in Q3 2025 were $75.2 million, an increase of $22.1 million or 41.6% compared to Q3 2024[153]. - Fuel costs increased $14.6 million or 48.3% in Q3 2025, with a per MWh increase of $2.85 or 11.2%[153]. - Total Coal Operations Expenses in Q3 2025 were $66.7 million, an increase of $2.7 million or 4.2% compared to Q3 2024[159]. - Other operating and maintenance costs rose by $8.0 million, or 29.7%, compared to Q3 2024, totaling $173.4 million in YTD 2025[160]. - Labor costs decreased by $8.6 million, or 12.9%, compared to the first nine months of 2024, due to organizational restructuring[160]. - Interest expense for the nine months ended September 30, 2025, was $6.21 million, compared to $0.51 million in 2024, reflecting a significant increase[148]. Capacity and Contracts - The company achieved an accredited capacity utilization of 93% in Q3 2025, compared to 59% in Q3 2024[130]. - The company has contracted approximately $58.1 million or 89.4% of its target for forward capacity sales in 2025, aiming for annual sales of around $65 million[131]. - Contracted revenue for Power and Coal segments totaled $921.70 million, with $571.72 million from Power and $349.98 million from Coal[140]. - Average daily contracted capacity was 668 MW in Q4 2025, with an average contracted capacity price per MWd of $211[140]. - The company entered into a $20 million prepaid forward power sales contract with deliveries scheduled through the first half of 2027, aimed at improving liquidity and securing long-term power purchase agreements[115]. Future Projections and Developments - The company expects to produce approximately 3.8 million tons of coal in 2025, with an average contracted sales price in 2026 projected to be $4.00 per ton higher than in 2025[125][124]. - Hallador Power submitted an application to add 525 MW of gas generation at the Merom site, targeting generation to come online by late 2028[120]. - The company is in advanced discussions with data center developers and load-serving entities, anticipating positive progress towards long-term agreements by early 2026[116]. Cash Flow and Liquidity - Cash provided by operations was $73.0 million for the nine months ended September 30, 2025, compared to $27.0 million for the same period in 2024, indicating a year-over-year increase of 170.4%[147]. - Total liquidity as of September 30, 2025, was $46.4 million, with an additional borrowing capacity of $33.8 million[147]. - The effective tax rate for the nine months ended September 30, 2025, is estimated at ~0% compared to ~24% for the same period in 2024[163]. Reclamation and Obligations - The company recorded a present value of reclamation obligations of $17.7 million, with surety bonds totaling $30.9 million in place to cover asset retirement obligations[143].

Financial Performance - Q3 total revenue increased by 40% year-over-year to $146.8 million, with coal sales up 62% to $51.3 million and electric sales up 29% to $93.2 million[3] - Q3 net income rose to $23.9 million, or $0.56 earnings per share, compared to $1.6 million in Q3 2024[4] - Adjusted EBITDA for Q3 increased 1.6 times to $24.9 million, up from $9.6 million in the same quarter last year[4] - Total sales and operating revenues for Q3 2025 reached $146.846 million, a 39.7% increase from $105.155 million in Q3 2024[18] - Net income for the nine months ended September 30, 2025, was $42.111 million, compared to a net loss of $10.346 million for the same period in 2024[20] - The company reported a basic net income per share of $0.56 for Q3 2025, compared to $0.04 for Q3 2024[18] Cash Flow and Liquidity - Operating cash flow for Q3 was $23.2 million, which was utilized for capital expenditures and debt service[4] - Operating cash flow for the nine months ended September 30, 2025, was $72.978 million, significantly higher than $26.985 million for the same period in 2024[20] - Total liquidity improved to $46.4 million at the end of Q3 2025, compared to $42.0 million at the end of Q2 2025[5] - Cash and cash equivalents increased to $12.663 million as of September 30, 2025, compared to $7.232 million at the end of 2024, marking a 75.5% increase[16] Capital Expenditures and Debt - Capital expenditures in Q3 were $19.5 million, bringing year-to-date capital expenditures to $44.3 million[5] - Capital expenditures for the nine months ended September 30, 2025, totaled $44.277 million, compared to $39.606 million in 2024, indicating a 11.8% increase[20] - Total bank debt decreased to $44.0 million as of September 30, 2025, down from $45.0 million at June 30, 2025[5] Assets and Liabilities - Total current assets rose to $136.546 million as of September 30, 2025, compared to $104.858 million at the end of 2024, reflecting a 30.2% increase[16] - Total liabilities decreased slightly to $263.273 million as of September 30, 2025, from $264.835 million at the end of 2024[16] - Total stockholders' equity increased to $146.188 million as of September 30, 2025, from $104.285 million at the end of 2024, reflecting a 40.3% increase[16] Future Plans and Contracts - The company filed an application for a 525 MW gas generation expansion through MISO's ERAS program, targeting an online date in Q4 2028[2] - Hallador signed a 5-month, $20.0 million prepaid forward sales contract scheduled for delivery between January 2027 and May 2027[6] - Total forward energy, capacity, and coal sales to third-party customers amounted to $921.7 million through 2029[6]

Core Insights - Hallador Energy Company reported a strong financial performance in Q3 2025, with total revenue increasing by 40% year-over-year to $146.8 million, driven by growth in both coal and electric sales [1][4][5] - The company achieved a net income of $23.9 million, translating to earnings per share of $0.56, and an adjusted EBITDA of $24.9 million, which is 1.6 times higher than the previous year [1][4][5] - Hallador filed an application for a 525 MW gas generation expansion under the ERAS program, targeting an online date in Q4 2028, indicating a strategic move to enhance its generation capabilities [2][4] Financial Performance - Total revenue for Q3 2025 was $146.8 million, a 40% increase from $105.2 million in Q3 2024 [4][5] - Coal sales rose by 62% year-over-year to $51.3 million, while electric sales increased by 29% to $93.2 million [4][5] - Operating cash flow for the quarter was $23.2 million, which was utilized for capital expenditures and debt service [1][4] Operational Highlights - The company experienced favorable summer weather and increased energy demand, which contributed to strong operational performance [2] - Both generating units operated efficiently throughout the summer, leading to reduced inventories and enhanced financial performance [2] - Hallador signed a $20 million prepaid forward sales contract during the quarter, scheduled for delivery between January 2027 and May 2027 [4] Debt and Liquidity - Total bank debt decreased to $44.0 million as of September 30, 2025, from $45.0 million at June 30, 2025 [4] - Total liquidity improved to $46.4 million compared to $42.0 million at June 30, 2025 [4] Future Growth Initiatives - The company is targeting significant growth through the ERAS application, which aims to fast-track capacity additions to the grid [2] - If successful, the expansion could add approximately 50% additional generating capacity to the Merom site, providing substantial value to shareholders [2]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Points - Hallador Energy Company will host a conference call on November 10, 2025, at 5:00 p.m. Eastern time to discuss its financial results for Q3 2025 [1][2] - The results will be reported in a press release prior to the call [1] - Interested parties can submit questions to the investor relations team before the call [2] Company Overview - Hallador Energy Company is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana [3] - The company operates two core businesses: Hallador Power Company, LLC, which produces electricity at the one-Gigawatt (GW) Merom Generating Station, and Sunrise Coal, LLC, which supplies fuel to the Merom Generating Station and other companies [3]

Core Viewpoint - Hallador Energy (HNRG) has established a cup base with a buy point set at 22.01, indicating potential for upward movement in stock price [1] Group 1: Stock Performance - Shares of Hallador Energy have experienced a five-session winning streak as of Thursday, reflecting positive momentum in the market [1] - The weekly chart indicates a lower handle entry point at 20.05, providing an additional opportunity for investors [1] Group 2: Market Patterns - Hallador Energy's shares are currently in a late-stage, base-on-base pattern, which may suggest a more mature phase of stock development compared to earlier-stage bases [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Hallador Energy (HNRG) - Hallador Energy currently holds a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Performance Metrics - HNRG shares have increased by 9.8% over the past week, significantly outperforming the Zacks Alternative Energy - Other industry, which rose by 1.14% [6] - Over the past month, HNRG's price change is 16.73%, compared to the industry's 2.96% [6] - In the last quarter, HNRG shares rose by 18.02%, and over the past year, they gained 117.27%, while the S&P 500 only increased by 8.73% and 17.21%, respectively [7] Trading Volume - The average 20-day trading volume for HNRG is 496,924 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for HNRG have been revised upwards, raising the consensus estimate from -$0.11 to $0.57 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions noted [10] Conclusion - Given the strong performance metrics and positive earnings outlook, Hallador Energy is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment opportunity [12]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Landscape - Wall Street is investing hundreds of billions into AI, but there is a looming question regarding the energy supply needed to sustain this growth [2] - AI data centers consume energy equivalent to that of small cities, indicating a significant strain on global power grids [2] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI advancements [3][6] Company Profile - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend due to tariffs [5][6] - It possesses a unique footprint in nuclear energy, which is crucial for America's future power strategy [7] - The company is debt-free and has a substantial cash reserve, equating to nearly one-third of its market capitalization, making it financially robust compared to its peers [8][10] Market Position - The company is noted for its ability to execute large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewables [7] - It has an equity stake in another AI-related venture, providing investors with indirect exposure to multiple growth opportunities in the AI sector [9][10] - The stock is considered undervalued, trading at less than seven times earnings, which presents a compelling investment opportunity [10][11] Future Outlook - The ongoing AI infrastructure supercycle, combined with the onshoring boom and increased U.S. LNG exports, positions the company favorably for future growth [14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, further solidifying the importance of energy infrastructure [12][13]

Financial Data and Key Metrics Changes - The company reported total operating revenue of $102.9 million for Q2 2025, down from $117.8 million in Q1 2025 and up from $93.8 million in the prior year period [19] - Net income for Q2 2025 was $8.2 million, compared to $10 million in Q1 2025 and a loss of $10.2 million in the prior year period [20] - Adjusted EBITDA for Q2 2025 was $3.4 million, down from $19.3 million in Q1 2025 and a loss of $5.8 million in the prior year period [20] - Operating cash flow for Q2 2025 was $11.4 million, compared to $38.4 million in Q1 2025 and $23.5 million in the prior year period [20] - Total bank debt increased to $45 million as of June 30, 2025, from $23 million at March 31, 2025 [21] Business Line Data and Key Metrics Changes - Electric sales for Q2 2025 were $60 million, unchanged from the prior year period but down from $85.9 million in Q1 2025, primarily due to seasonal factors and a planned maintenance outage [19] - Third-party coal sales increased to $38.1 million in Q2 2025, up from $30.2 million in Q1 2025 and $32.8 million in the prior year period, driven by higher shipments [19] Market Data and Key Metrics Changes - The company expects to produce approximately 3.7 million tons of coal in 2025, with 2.1 million tons already produced in the first half of the year [16] - The average contracted sales price for coal in 2026 is projected to be approximately $4 per ton higher than in 2025 [12] Company Strategy and Development Direction - The company is focusing on securing long-term power purchase agreements (PPAs) and has expanded its discussions with multiple counterparties, including utilities [9][10] - There is an ongoing evaluation of opportunities to acquire additional dispatchable generation assets to diversify the portfolio and enhance financial profiles [10][13] - The company is considering adding natural gas capabilities at its Merrell facility to create a dual fuel configuration [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the current market conditions, driven by increasing demand for accredited capacity and resilient baseload power [9] - The company is encouraged by the growing policy support for coal and coal-fired generation at both federal and state levels [15] - Management believes that the shift towards intermittent renewables will create long-term imbalances and greater market volatility, increasing the value of reliable baseload assets [10] Other Important Information - The company appointed Todd Talez as the new Chief Financial Officer, bringing extensive experience in the power and utility sectors [17] - The company has secured a $35 million prepaid firm energy sale with delivery scheduled throughout 2025 and 2026, which will enhance operational flexibility [6] Q&A Session Summary Question: Are you open to multiple agreements to avoid customer concentration? - Management indicated that they are open to multiple agreements and have been encouraged by the aggressive bids from utilities [26] Question: Should we expect the end user to fund the co-firing upgrade? - Management stated that some customers are interested in co-firing, while others are not, and the decision will depend on the offers received [29] Question: What are your thoughts on liquidity management? - The CFO mentioned opportunities to execute on prepays and refinance the existing capital structure [33] Question: What is the status of the larger scale PPA? - Management noted that while the pricing curve has dropped slightly, the capacity markets have strengthened, leading to competitive conversations [36] Question: Are you actively looking for acquisitions? - Management confirmed they are having conversations and are positioned to take advantage of potential acquisitions in coal-fired assets [41] Question: Will you provide economics around the co-firing opportunity soon? - Management indicated that they are gathering information but will not disclose costs until the project becomes more actionable [48] Question: What is your appetite for reentering exclusivity with counterparties? - Management expressed no current appetite for exclusivity, preferring to gather as much information as possible from various parties [52]

[PART I - FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) [Financial Statements](index=3&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) Hallador Energy reported a **$18.2 million** net income for the six months ended June 30, 2025, reversing a prior-year loss due to higher revenues and operational efficiencies [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to **$409.5 million** and stockholders' equity improved to **$122.2 million** as of June 30, 2025, reflecting recent profitability Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Current Assets** | $139,874 | $104,858 | | **Total Assets** | $409,513 | $369,120 | | **Total Current Liabilities** | $209,255 | $152,903 | | **Total Liabilities** | $287,360 | $264,835 | | **Total Stockholders' Equity** | $122,153 | $104,285 | [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The company achieved profitability in H1 2025 with **$18.2 million** net income, reversing prior-year losses due to increased revenues and decreased operating expenses Statement of Operations Summary (in thousands, except per share data) | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Total sales and operating revenues | $220,676 | $205,619 | | Income (Loss) from Operations | $25,808 | $(4,553) | | Net Income (Loss) | $18,227 | $(11,900) | | Diluted EPS | $0.42 | $(0.32) | [Condensed Consolidated Statements of Cash Flows](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operations was **$49.8 million** for H1 2025, leading to a **$20.2 million** increase in cash, cash equivalents, and restricted cash Cash Flow Summary (in thousands) | Cash Flow Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $49,783 | $39,891 | | Net cash used in investing activities | $(24,897) | $(25,570) | | Net cash used in financing activities | $(4,669) | $(10,716) | | **Increase in cash, cash equivalents, and restricted cash** | **$20,217** | **$3,605** | [Notes to Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Key notes detail the company's two operating segments, a **$215.1 million** impairment charge, a credit agreement amendment, a new **$35.0 million** prepaid power contract, and a 2024 Coal segment restructuring - The company's business is organized into two reportable segments: **Electric Operations** (Merom Power Plant) and **Coal Operations** (Oaktown 1 mining complex)[21](index=21&type=chunk)[23](index=23&type=chunk) - In 2024, the company recorded a **$215.1 million** non-cash impairment charge in its Coal Operations segment due to lower quality coal at the Oaktown 2 mine, leading to its temporary sealing[32](index=32&type=chunk) - On June 27, 2025, the company amended its credit agreement for additional operating flexibility, with total bank debt at **$45.0 million** as of June 30, 2025[37](index=37&type=chunk)[38](index=38&type=chunk) - During Q2 2025, the company entered into a 17-month, **$35.0 million** prepaid physically delivered power contract with a significant financing component[59](index=59&type=chunk) - In February 2024, the company reorganized its Coal Operations segment, reducing its workforce by approximately **110 employees (12%)** and idling higher-cost surface mines to improve efficiency[83](index=83&type=chunk) Unsatisfied Performance Obligations as of June 30, 2025 (in thousands) | Revenue Stream | Total Remaining Obligation | | :--- | :--- | | Delivered energy revenues | $436,530 | | Capacity revenues | $183,200 | | Coal Operations revenues | $371,540 | | **Total Revenue** | **$991,270** | [Management's Discussion and Analysis (MD&A)](index=23&type=section&id=ITEM%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management reported strong Q2 2025 results, pursuing long-term PPAs and strategic acquisitions, benefiting from Coal Operations restructuring, and maintaining **$42.0 million** total liquidity - Q2 2025 generated **$102.9 million** in revenue with a **$17.6 million** EBITDA margin, an improvement of **$9.1 million** year-over-year[110](index=110&type=chunk) - The company is in discussions with data center developers and utilities for a long-term PPA for the Merom plant's capacity and energy[113](index=113&type=chunk) - Strategic initiatives include seeking acquisitions of additional dispatchable generation and evaluating natural gas co-firing capability at the Merom plant to enhance flexibility and reliability[114](index=114&type=chunk)[116](index=116&type=chunk) - The 2024 organizational restructuring in the Coal Operations segment has led to improved operational expenses, more efficient recoveries, and accelerating shipments[119](index=119&type=chunk) Liquidity Position as of June 30, 2025 | Metric | Amount (in millions) | | :--- | :--- | | Cash provided by operations (YTD) | $49.8 | | Bank Debt | $45.0 | | Additional borrowing capacity | $32.8 | | **Total Liquidity** | **$42.0** | [Results of Operations - Electric Operations](index=29&type=section&id=Results%20of%20Operations%20-%20Electric%20Operations) The Electric Operations segment's income before income taxes increased **41.9%** to **$30.8 million** for H1 2025, driven by new PPA contracts and lower fuel costs Electric Operations Performance (YTD 2025 vs YTD 2024) | Metric | Six Months Ended June 30, 2025 (in millions) | Six Months Ended June 30, 2024 (in millions) | | :--- | :--- | :--- | | Electric Sales | $145.9 | $120.9 | | EBITDA Margin | $41.8 | $31.3 | | Income before Income Taxes | $30.8 | $21.7 | | MWh Sold (thousands) | 2,392 | 1,730 | - The increase in delivered energy revenue for YTD 2025 is attributed to new PPA contracts that started in Q1 2025[149](index=149&type=chunk) [Results of Operations - Coal Operations](index=31&type=section&id=Results%20of%20Operations%20-%20Coal%20Operations) The Coal Operations segment significantly reduced its loss before income taxes to **$3.7 million** for H1 2025, driven by decreased depreciation from the 2024 asset impairment and reduced labor costs Coal Operations Performance (YTD 2025 vs YTD 2024) | Metric | Six Months Ended June 30, 2025 (in millions) | Six Months Ended June 30, 2024 (in millions) | | :--- | :--- | :--- | | Coal Sales | $100.3 | $111.7 | | EBITDA Margin | $8.3 | $(4.0) | | Loss before Income Taxes | $(3.7) | $(29.2) | | Tons Sold (thousands) | 1,961 | 2,063 | - Labor costs decreased by **$8.8 million** YTD due to the February 2024 restructuring, which reduced the segment's headcount from **924 to 655**[162](index=162&type=chunk) - Depreciation, depletion, and amortization costs decreased by **$9.5 million** YTD as a direct result of the **$215.1 million** non-cash impairment charge recognized in Q4 2024[165](index=165&type=chunk) [Critical Accounting Estimates](index=34&type=section&id=Critical%20Accounting%20Estimates) The company's critical accounting estimates, requiring significant judgment, include coal reserves, asset retirement obligations, deferred taxes, inventory valuation, and long-lived asset impairment analysis - Key critical accounting estimates include **coal reserves**, **asset retirement obligations**, **deferred taxes**, **inventory valuation**, and **impairment analysis**[173](index=173&type=chunk) - Asset retirement obligations are discounted using credit-adjusted risk-free rates ranging from **7% to 10%**[176](index=176&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=35&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) There have been no material changes to the company's market risk disclosures since its 2024 Annual Report on Form 10-K - There were no material changes from the market risk disclosure in the 2024 Annual Report on Form 10-K[182](index=182&type=chunk) [Controls and Procedures](index=35&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) The CEO and CFO concluded the company's disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting during the quarter - The CEO and CFO concluded that the company's disclosure controls and procedures are effective[184](index=184&type=chunk) - No changes to internal control over financial reporting occurred during the quarter that materially affected, or are reasonably likely to materially affect, internal controls[185](index=185&type=chunk) [PART II - OTHER INFORMATION](index=37&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) [Mine Safety Disclosures](index=37&type=section&id=ITEM%204.%20MINE%20SAFETY%20DISCLOSURES) Exhibit 95.1 provides a comprehensive listing of the company's mine safety violations - A listing of the company's mine safety violations is provided in Exhibit 95.1 to the Form 10-Q[193](index=193&type=chunk) [Exhibits](index=37&type=section&id=ITEM%206.%20EXHIBITS) This section lists all exhibits filed with the Form 10-Q, including the Third Amendment to the Credit Agreement and required SOX certifications - Key exhibits filed include the Third Amendment to the Fourth Amended and Restated Credit Agreement and SOX 302 and 906 certifications[194](index=194&type=chunk)