Hallador Energy (NASDAQ:HNRG) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Hallador Energy (NASDAQ:HNRG) posted its earnings results on Monday. The energy company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01, Zacks reports. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $94.80 million during the quarter, compared to analyst estimates of $102.46 million.

Hallador Energy Trading Up 4.1 %

HNRG stock opened at $11.95 on Wednesday. The firm has a fifty day moving average price of $10.98 and a 200 day moving average price of $10.51. Hallador Energy has a fifty-two week low of $4.33 and a fifty-two week high of $14.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. The firm has a market cap of $509.27 million, a PE ratio of -21.73 and a beta of 0.55.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners assumed coverage on shares of Hallador Energy in a report on Monday, December 9th. They issued a “buy” rating and a $17.00 target price for the company.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.