Hallador Energy pany(HNRG)

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Hallador Energy pany(HNRG) - 2023 Q2 - Quarterly Report
2023-08-07 21:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-34743 HALLADOR ENERGY COMPANY (www.halladorenergy.com) Colorado (State of incorporation) 84-1014610 (IRS Employer Identification No.) 1183 East Canvasback Drive, Terre Haute, ...
Hallador Energy pany(HNRG) - 2023 Q1 - Quarterly Report
2023-05-08 20:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-34743 "COAL KEEPS YOUR LIGHTS ON" "COAL KEEPS YOUR LIGHTS ON" HALLADOR ENERGY COMPANY (www.halladorenergy.com) Colorado (State of incorporation) (IRS Employer Identification ...
Hallador Energy pany(HNRG) - 2022 Q4 - Earnings Call Transcript
2023-03-17 21:48
Hallador Energy Company (NASDAQ:HNRG) Q4 2022 Results Conference Call March 17, 2023 2:00 PM ET Company Participants Becky Palumbo - Investor Relations Brent Bilsland - President and Chief Executive Officer Larry Martin - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley Securities Kevin Tracey - Oberon Asset Management Mike Rybak - Butler Hall Nick Giles - B. Riley Securities Operator Hello, and welcome to the Hallador Fourth Quarter 2022 Earnings Call. My name is Elliot, and I'll ...
Hallador Energy pany(HNRG) - 2022 Q4 - Annual Report
2023-03-16 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K Commission file number: 001-3473 "COAL KEEPS YOUR LIGHTS ON" "COAL KEEPS YOUR LIGHTS ON" HALLADOR ENERGY COMPANY (www.halladorenergy.com) Colorado 84-1014610 (State of incorporation) (IRS Employer Identification No.) 1183 East Canvasback Drive, Terre Haute, Indiana 47802 (Address of principal executive offices) (Zip Code) Issuer's telephone number: 812.299.2800 Securities registered pursuant to Section 12(b) of the Act: | Tit ...
Hallador Energy pany(HNRG) - 2022 Q3 - Earnings Call Transcript
2022-11-16 01:57
Hallador Energy Company (NASDAQ:HNRG) Q3 2022 Earnings Conference Call November 15, 2022 2:00 PM ET Company Participants Rebecca Palumbo – Investor Relations Brent Bilsland – President and Chief Executive Officer Larry Martin – Chief Financial Officer Conference Call Participants Kevin Tracey – Oberon AM Arthur Calavritinos – ANC Capital Jeff Bronchick – Cove Street Capital Lucas Pipes – B. Riley Securities Operator Good afternoon and thank you for attending today's Hallador Energy Third Quarter 2022 Earnin ...
Hallador Energy pany(HNRG) - 2022 Q3 - Quarterly Report
2022-11-14 21:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-34743 "COAL KEEPS YOUR LIGHTS ON" "COAL KEEPS YOUR LIGHTS ON" HALLADOR ENERGY COMPANY (www.halladorenergy.com) Colorado (State of incorporation) 84-101461 ...
Hallador Energy pany(HNRG) - 2022 Q2 - Earnings Call Transcript
2022-08-16 19:48
Hallador Energy Company (NASDAQ:HNRG) Q2 2022 Earnings Conference Call August 16, 2022 2:00 PM ET Company Participants Rebecca Palumbo - Investor Relations Larry Martin - Chief Financial Officer Brent Bilsland - President and Chief Executive Officer Conference Call Participants Nick Giles - B. Riley Securities John Moran - Robotti & Company Operator Thank you for standing by and welcome to the Hallador Second Quarter 2022 Earnings Call. My name is Sam and I will be your moderator for today’s call. [Operator ...
Hallador Energy pany(HNRG) - 2022 Q2 - Quarterly Report
2022-08-15 20:24
Financial Performance - Q2 2022 net loss was $3.4 million, with operating cash flow decreasing by $2.7 million[80][82]. - Earnings per share for Q1 2022 was $(0.33), compared to $(0.03) in Q1 2021, indicating a decline in performance[102]. - Operating margins decreased by $8.3 million in the first half of 2022 compared to the same period in 2021, with margins expected to increase to approximately $20 per ton starting in Q4 2022[91]. - The effective tax rate for the six months ended June 30, 2022, was estimated at ~(2)%, significantly lower than ~25% for the same period in 2021[103]. - Management's evaluation of going concern indicates uncertainty regarding the ability to continue operations without substantial doubt[111]. Sales and Contracts - 1.6 million tons were shipped at an average sales price of $40.23 per ton, with remaining tons expected to average over $49 per ton[82][94]. - Total contracted tons for 2022 (Q3-Q4) are 4.0 million at an average price of $49 per ton, and 6.7 million tons for 2023 at an average price of $58 per ton[86][94]. - Average sales price for 2023 is projected to be approximately $17 per ton higher than the first half of 2022[87]. - The company added 2.2 million tons of new coal contracts priced over $125 per ton for delivery from Q4 2022 through 2025, expected to significantly increase margins[83]. Production and Costs - Production costs in Q2 2022 were $31.83 per ton, a decrease of $7.71 per ton from Q1 2022[82][100]. - Projected Adjusted EBITDA for 2023 is expected to exceed $160 million, up from the traditional $50 million, due to higher-priced coal contracts[87]. - Capital expenditures for the first six months of 2022 were $22.9 million, with an additional projected budget of $15 million for the remainder of the year[91]. Regulatory and Compliance - The company anticipates completing the acquisition of the Merom Power Plant in Q3 2022, subject to regulatory approvals[87]. - The company does not consider unreimbursed costs related to compliance matters to be material as of June 30, 2022[104]. - The company has identified its federal and Indiana state tax returns as major tax jurisdictions, expecting no material changes from audits[109]. Accounting and Valuation - Critical accounting estimates include coal reserves and asset retirement obligations, which could affect depreciation and impairment tests[106]. - Inventory valuation may be affected by the anticipated utilization of higher-cost coal from the Ace in the Hole mine[110]. - The fair value of interest rate swaps is based on anticipated future interest rates, which could impact financial results[108]. - The company plans to recognize certain costs related to government mandates when they can be estimated with reasonable certainty[104]. - No material changes in market risk disclosures were noted compared to the 2021 Annual Report[112].
Hallador Energy pany(HNRG) - 2022 Q1 - Quarterly Report
2022-05-23 20:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-34743 "COAL KEEPS YOUR LIGHTS ON" "COAL KEEPS YOUR LIGHTS ON" HALLADOR ENERGY COMPANY (www.halladorenergy.com) Colorado (State of incorporation) Registrant ...
Hallador Energy pany(HNRG) - 2021 Q4 - Earnings Call Transcript
2022-03-29 20:59
Hallador Energy Company (NASDAQ:HNRG) Q4 2021 Earnings Conference Call March 29, 2022 2:00 PM ET Company Participants Becky Palumbo - Investor Relations Brent Bilsland - President and CEO Larry Martin - CFO Conference Call Participants Lucas Pipes - B. Riley Securities Operator Hello, and welcome to the Hallador Energy Company Fourth Quarter 2021 Earnings Call. My name is [Elliot] and I'll be coordinating your call today [Operator Instructions]. And I’d like to hand over to our host, Becky Palumbo, Investor ...