Hallador signals 515 MW gas expansion through ERAS and eyes higher 2026 capex as market demand rises (NASDAQ:HNRG)

Core Insights - Hallador Energy Company reported a strong financial performance in 2025, with a 16% increase in revenue, reaching $469.5 million [2] Group 1: Financial Performance - The company achieved a revenue increase of 16% compared to the previous year [2] - Total revenue for 2025 was reported at $469.5 million [2] Group 2: Strategic Initiatives - CEO Brent Bilsland emphasized the company's ongoing transformation into a vertically integrated independent power producer [2] - Hallador is planning a 515 MW gas expansion through ERAS to meet rising market demand [2] - The company is also looking at higher capital expenditures (capex) for 2026 as market demand increases [2]