{"filings":[{"id":1306197,"accession_number":"0000788965-26-000006","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-06-26T21:06:36+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Hallador Energy amends credit covenants: total leverage ratio raised to 4.25x for June 30, 2026 onward","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Second Amendment to Credit Agreement with Texas Capital Bank and other lenders dated June 25, 2026.","Total leverage ratio cap increased from 2.50x to 4.25x effective June 30, 2026.","Senior secured leverage ratio set at 3.00x for Q2/Q3 2026, declining to 2.50x from June 30, 2027.","Amendment supports obligations under Asset Purchase Agreement with Energy World Corporation Ltd."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1002676,"accession_number":"0000788965-26-000004","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-06-11T21:28:42+00:00","items":["5.02","9.01"],"status":"ready","headline":"Hallador Energy appoints Matthew White as Chief Legal Officer effective June 8, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Annual base salary of $500,000, pro-rated from June 8, 2026.","Target annual performance bonus of $175,000 (prorated); maximum $350,000; based on safety, EBITDA, discretionary, strategic goals.","One-time RSU grant valued at $200,000 vesting in three equal annual installments; signing bonus of $100,000 in immediately-vesting RSUs.","Change-of-control retention bonus: $1.25M plus 2.5x prior-year bonus, prorated current-year bonus, and 24 months healthcare.","Severance agreement provides 12 months of total compensation if terminated without cause or for good reason after one year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":888916,"accession_number":"0000788965-26-000002","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-06-05T20:23:39+00:00","items":["7.01","9.01"],"status":"ready","headline":"Hallador selected for $27.2M DOE award to modernize Merom Generating Station","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["DOE selected Hallador Power subsidiary for up to $27.2M federal funding; total project cost ~$56.9M.","Modernization targets water management systems to meet future EPA Effluent Limitation Guidelines.","Project aims to upgrade 1,080 MW Merom Station for decades more reliability in MISO zone 6.","Company says no material impact expected on 2026 results; no guarantee award will finalize."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":834599,"accession_number":"0001104659-26-070122","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-06-03T20:30:28+00:00","items":["1.04"],"status":"ready","headline":"Hallador subsidiary receives MSHA imminent danger order at Oaktown mine","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On May 28, 2026, Sunrise Coal received an MSHA imminent danger order (Section 107(a)) at Oaktown Fuels Mine No. 1 (MSHA ID 12-02394).","Allegation: an independent contractor employee climbed onto a truck bed without fall protection. No injuries occurred.","No Sunrise Coal employees were affected, and mine production was not interrupted.","Sunrise Coal disputes the order, attributing the condition solely to the independent contractor, and reserves the right to contest it."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":787005,"accession_number":"0001104659-26-069138","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-06-02T10:00:42+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Hallador Energy acquires 460 MW Siemens turbines for $350M to advance Merom gas project","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $350M ($760/kW) plus ~$100M transport/refurb; total delivered cost ~$450M.","Equipment: never-fired Siemens gas turbines, generators, steam turbine; acquired at attractive valuation.","Expected revenue generation late 2028 to mid-2029 after Siemens restoration and MISO interconnection.","No outstanding bank debt; $120M credit facility; contracted sales book >$2.1B supports financing.","MISO ERAS study imminent; final investment decision expected after study completion in Sept 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":749077,"accession_number":"0001104659-26-068374","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-05-29T21:20:17+00:00","items":["5.07"],"status":"ready","headline":"Hallador Energy shareholders elect all director nominees, ratify auditors at 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected; Brent Bilsland received 29,189,874 votes for, Zarrell Gray 25,326,224.","Non-binding advisory vote on executive compensation approved with 27,365,688 votes for.","Ratification of Grant Thornton as independent auditor for 2026 approved with 37,380,746 votes for.","Total shares present: 37,538,341 (79.64% of outstanding)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98855,"accession_number":"0001104659-26-056354","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["5.02","8.01"],"status":"ready","headline":"Hallador Energy forms Risk Committee; Hudson appointed Chair with $25K retainer","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved new Risk Committee on May 1, 2026 to oversee enterprise risk management.","Daniel Hudson appointed Chair; receives additional annual retainer of $25,000.","Committee members: Hudson, Sugg, Bilsland, Batson, Telesz.","Non-employee director annual retainer remains $200,000.","Committee to oversee strategic, operational, financial, market, and cybersecurity risks."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98854,"accession_number":"0001104659-26-056345","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador reports Q1 net loss $9.3M; signs $1B+ capacity agreement through 2040","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 total revenue $101.8M, down from $117.7M YoY; net loss $9.3M vs net income $10.0M.","Adjusted EBITDA $5.5M vs $19.3M YoY; operating cash flow $20.5M.","Signed 12-year capacity agreement (2028-2040) for >$1B revenue at >2x historical pricing.","No bank debt at March 31, 2026; total liquidity $97.5M after new credit facility.","Forward sales book nearly doubled; total forward commitments ~$1.2B through 2029 (excl. new deal)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":101807000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98853,"accession_number":"0001104659-26-043845","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-04-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Hallador Energy CEO salary raised to $800k; $1M target bonus opportunities for top executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Base salary increases: CEO Bilsland from $675k to $800k; CFO Telesz $500k to $525k; COO Lovell $450k to $500k, effective April 1, 2026.","Target bonus for 2026: Bilsland $500k, Telesz $200k, Lovell $300k; 50% of bonus tied to Adjusted EBITDA ($68M target).","One-time RSU grants: Bilsland 69,808 ($1.2M), Telesz 15,998 ($275k), Lovell 23,270 ($400k); vest ratably over 3 years.","Change-in-control retention: Bilsland gets $2.4M salary portion + 3× prior bonus; Telesz $1.3125M, Lovell $1.25M, plus health coverage.","New severance agreements: 12 months base salary + prior year bonus on qualifying termination; effective until change-in-control or March 31, 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114556,"accession_number":"0001104659-26-036234","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["1.04","9.01"],"status":"ready","headline":"Hallador subsidiary receives MSHA imminent danger order at Oaktown Mine No. 1; company contests","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On March 25, 2026, Sunrise Coal received a Section 107(a) imminent danger order at Oaktown Fuels Mine No. 1 (MSHA ID 12-02394).","MSHA alleged an electrician worked on equipment that was not de-energized; order required work to cease until equipment was de-energized.","Hallador de-energized the equipment immediately; no injuries occurred and production was not interrupted.","The company disagrees with the imminent danger classification and intends to contest the order."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114555,"accession_number":"0001104659-26-027176","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador FY2025 net income $41.9M vs -$226M loss; revenue up 16% to $469.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted EBITDA tripled to $56.0M; operating cash flow +23% to $81.1M.","Q4 net loss $0.2M on $102.4M revenue; Merom plant availability impacted.","Bank debt reduced to $30M; new $120M 3-year credit facility closed.","Forward contracted revenue $866.9M through 2029; $1.3B total commitments.","MISO accepted ERAS application for 515MW gas expansion; $14M deposit paid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114554,"accession_number":"0001104659-26-025949","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Hallador closes $120M senior secured credit facilities, replacing PNC facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New facilities: $75M revolver and $45M delayed draw term loan, maturing Mar 5, 2029.","Revolver includes $25M LC subfacility, $10M swingline, and up to $25M accordion.","Proceeds to refinance prior PNC facility and provide working capital; prior facility terminated Mar 5, 2026.","Texas Capital Bank is administrative agent; Old National Bank and First Financial Bank also participate.","Management cites improved debt maturity profile and enhanced liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114553,"accession_number":"0001104659-26-025346","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Hallador Energy appoints Daniel Hudson to Board, promotes Heath Lovell to COO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expands to 7 members, 6 independent; Daniel Hudson appointed effective March 6, 2026.","Hudson brings 30+ years experience, advised on >$35B in energy asset transactions.","Heath Lovell promoted to COO effective March 6, 2026; continues as President of Hallador Power and Sunrise Coal.","Barbara Ann Sugg appointed to Audit and Compensation Committees effective March 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114552,"accession_number":"0001104659-26-004150","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-01-15T23:59:59+00:00","items":["1.02","8.01","9.01"],"status":"ready","headline":"Hallador Energy raises ~$53.6M net in public offering; terminates prior ATM program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Terminated ATM Sales Agreement with B. Riley Securities effective Jan 18, 2026; no penalties.","Priced public offering of 2,777,778 shares at $18.00/share; gross proceeds ~$50M.","Underwriters exercised 30-day option for 416,666 additional shares; total net proceeds ~$53.6M.","Offering closed Jan 15, 2026; proceeds for general corporate purposes including new natural gas facility.","Texas Capital Securities acted as sole bookrunner; Northland Capital Markets and A.G.P. as co-managers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114551,"accession_number":"0001104659-26-001098","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Hallador Energy appoints Barbara Sugg to board, replacing David Hardie after 35 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Hardie resigned effective Jan 1, 2026; no disagreement with company.","Barbara Sugg appointed director effective Jan 1, 2026, filling Hardie's seat.","Sugg is former CEO of Southwest Power Pool, overseeing grid operations and $2B in transmission projects.","Board remains six members, five independent per Nasdaq standards.","Sugg receives $200K annual retainer (50% cash, 50% RSUs) under director compensation program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130922,"accession_number":"0001104659-25-118446","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-12-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Hallador Energy appoints Eric Van Deman as Chief Accounting Officer and SVP","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Effective Dec 1, 2025; Van Deman previously VP Accounting Policy at Liberty Global plc, earlier KPMG senior manager.","Base salary $275,000, target annual bonus $75,000, and annual RSU grant valued at $100,000.","Initial two-year RSU grant of $200,000 (subject to board approval) vesting equally in 2026 and 2027.","No family relationships or disclosable transactions with directors or executive officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130921,"accession_number":"0001104659-25-109272","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q3 revenue up 40% YoY to $146.8M; files ERAS for 525MW gas expansion","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $23.9M ($0.56 EPS) vs $1.6M in Q3 2024; Adjusted EBITDA $24.9M (up 1.6x).","Electric sales $93.2M (+29% YoY); coal sales to 3rd party $51.3M (+62% YoY).","Operating cash flow $23.2M; total liquidity $46.4M; bank debt $44.0M.","Filed ERAS application for 525MW gas generation at Merom site; targeting online in Q4 2028.","Forward contracted revenue of $921.7M through 2029; signed 5-month $20M prepaid contract."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":367522000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147498,"accession_number":"0001558370-25-011065","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Energy Q2 net income $8.2M; revenue up 10% to $102.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $8.2M ($0.19 EPS) vs loss of $10.2M in Q2 2024.","Total revenue $102.9M, up 10% YoY; coal sales to 3rd parties $38.1M.","Adjusted EBITDA $3.4M vs negative $5.8M a year ago; operating cash flow $11.4M.","Total bank debt $45.0M; liquidity $42.0M; credit agreement amended for flexibility.","Forward contracted revenue $1.0B through 2029 from energy, capacity, and coal sales."],"consensus_eps_estimate":null,"consensus_eps_actual":0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":220676000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166141,"accession_number":"0001558370-25-008383","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Hallador appoints Todd Telesz as CFO effective June 23; Marjorie Hargrave departs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Todd Telesz, former Tri-State G&T CFO and Basin Electric CEO, appointed CFO effective June 23, 2025.","Outgoing CFO Marjorie Hargrave credited with reducing costs and improving reporting; leaving to pursue other opportunities.","Telesz receives $500,000 base salary, $175,000 short-term incentive target, $100,000 signing bonus, and $200,000 RSU grant (3-yr vest).","Appointment supports Hallador's transition from coal producer to integrated independent power producer.","No family relationships or reportable transactions with Telesz or immediate family."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166140,"accession_number":"0001558370-25-008332","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Hallador Energy shareholders approve RSU plan amendment and elect directors at 2025 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved an additional 2,000,000 shares for the RSU Plan and extended its term to May 29, 2035.","All six director nominees elected with votes-for ranging from 22.6M to 26.9M of shares present.","Advisory vote on executive compensation passed with 22.0M For vs 5.3M Against.","Grant Thornton ratified as independent auditor for FY2025 with 34.4M For (98.9% of votes cast).","Meeting quorum of 80.93% (34,782,299 shares) represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166139,"accession_number":"0001558370-25-008111","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Hallador Energy: datacenter developer terminates conversion transaction commitment on May 19","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Counterparty terminated Conversion Transaction Commitment Agreement (effective Jan 2, 2025) on May 19, 2025.","Company and counterparty continue discussing additional exclusivity period and non-exclusive talks.","Company evaluating opportunities with several other interested third parties.","Management believes competitive tension from other negotiations enhances positioning for a strategic transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166138,"accession_number":"0001558370-25-007392","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q1 2025 net income $10M vs loss; revenue up 6% to $117.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $10.0M ($0.23 EPS) vs Q1 2024 loss of $1.7M; Adjusted EBITDA $19.3M (3x YoY).","Total revenue $117.8M (+6% YoY); electric sales $85.9M (73% of revenue mix).","Operating cash flow $38.4M; bank debt reduced to $23M from $44M at Dec 2024.","Forward sales backlog $1.1B through 2029; contracted power revenue $630M.","CEO notes data center developer negotiations ongoing; exclusivity through early June 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":117787000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183645,"accession_number":"0001558370-25-003147","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-03-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q4 net loss $215.8M on $215M coal impairment; electric sales now 74% of revenue; debt halved to $44M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $94.2M (FY $404.4M); electric sales $69.7M (74% of total) vs $37.1M (31%) a year ago.","Q4 net loss $215.8M includes $215M non-cash write-down at Sunrise Coal; FY net loss $226.1M vs FY23 net income $44.8M.","Adjusted EBITDA Q4 $6.2M (up ~3x YoY); FY $16.8M vs $107.4M prior year.","Bank debt reduced to $44M at Dec 31, 2024 from $91.5M a year earlier; liquidity $37.8M.","Signed exclusive commitment with data center developer (Jan 2, 2025) for majority power output; partner committed up to $5M through early June 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183644,"accession_number":"0001558370-25-000046","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2025-01-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Hallador signs exclusive data center commitment agreement; up to $5M milestone payments","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered exclusive 105-business-day commitment agreement with leading global data center developer for potential Indiana project.","Cumulative payments up to $5M to Hallador: $1M in Jan, $2M in Mar, $2M in Jun if conditions not met.","If definitive agreements signed, expects to contract majority of energy at prices above forward curve for >10 years.","Agreement follows non-binding term sheet from Q3 2024; CEO highlights legitimacy and progress.","Completion subject to finalizing definitive agreements; no assurance of consummation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200228,"accession_number":"0001558370-24-015342","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q3 net income $1.6M vs Q2 loss; signs data center term sheet","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $105M (+12% QoQ); electric sales $71.7M (21% increase QoQ).","Net income $1.6M ($0.04 EPS) vs Q2 loss $10.2M; Adjusted EBITDA $9.6M vs ($5.8M) Q2.","Signed non-binding term sheet with leading global data center developer for 10+ year power supply; definitive agreements pending.","Post-quarter: $60M prepaid PPA; bank debt reduced to $23.5M at Oct 31 from $91.5M end 2023.","Forward contracted revenue $937.2M through 2029; total liquidity $53.8M at Oct 31."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":310175000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200227,"accession_number":"0001437749-24-030649","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-10-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Hallador Energy amends credit agreement to allow forward PPAs; revises financial covenants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Debt service coverage test deferred to June 30, 2025; max leverage 5.50x through Mar 2025, then 2.25x.","Minimum liquidity of $10M and min consolidated EBITDA of $5M for next three quarters.","Mandatory prepayment of term loans up to $20M upon receipt of Eligible PPA payments.","Amendment supports pursuit of data center power purchase agreements targeted by company RFP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216250,"accession_number":"0001437749-24-024963","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q2 net loss $10.2M; revenue $90.9M; adjusted EBITDA loss $5.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $90.9M vs $161.2M a year ago; net loss $10.2M ($0.27/sh) vs net income $16.9M.","Adjusted EBITDA loss $5.8M vs $35.3M in Q2 2023; operating cash flow $23.5M.","Bank debt reduced to $45.5M from $91.5M at Dec 2023; total liquidity $60.7M.","Signed 11-month, $45M forward power purchase agreement; total contracted revenue $871.7M through 2029.","Data center RFP in active negotiations; targeting long-term contract."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":200586000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216249,"accession_number":"0001437749-24-022186","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-07-03T23:59:59+00:00","items":["3.02","8.01"],"status":"ready","headline":"Hallador Energy exchanges $11M convertible notes for 2.09M shares of common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged $10M note (ALJ Investment Company) + $1M note (Hallador Alternative Assets Fund) with accrued interest.","Issued 1,900,000 shares to ALJ and 190,000 shares to Hallador Alternative Assets in settlement.","Issuance exempt under Section 4(a)(2), Section 3(a)(9) and Rule 506(b) of Regulation D.","Transaction eliminates $11M of convertible debt from the balance sheet.","Dilution of approximately 6.5% based on shares outstanding prior to issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235792,"accession_number":"0001437749-24-018969","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-06-03T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Hallador Energy shareholders elect all director nominees, approve advisory say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected 6 directors: Brent Bilsland (24.8M for), Zarrell Gray (25.1M), David Hardie (22.3M), Bryan Lawrence (22.3M), David Lubar (22.2M), Charles Wesley (17.0M for vs 8.7M withheld).","Advisory vote on executive compensation approved: 18.3M for, 7.3M against.","Ratified Grant Thornton as independent auditor: 31.0M for, 0.2M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235791,"accession_number":"0001437749-24-014892","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Q1 net loss $1.7M, revenue falls 42% YoY; power ops surpass coal","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $1.7M ($0.05/sh) vs prior-year profit $22.1M; revenue $109.7M down from $188.3M.","Operating cash flow $16.4M used to pay down bank debt by $14.5M to $77.0M; leverage 1.58x.","Added ~$138M in forward energy/capacity sales; total contracted revenue through 2029 reaches $1.5B.","Electric ops revenue exceeded coal ops for first time; coal restructuring cuts 110 jobs, saves $10M capex.","Adjusted EBITDA $6.8M vs $34.0M a year ago; coal cost per ton $53.38 but Oaktown March costs dropped to $30s."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":109672000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253561,"accession_number":"0001437749-24-009872","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Hallador corrects coal cost per ton: $44.94 vs $33.67 previously","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Average cost per ton of coal sold for 2023 corrected to $44.94 ($52.76 after eliminating intercompany sales).","Previously reported $33.67 ($26.98) was a typographical error; no other figures affected.","Correction applies to March 14 earnings release and Annual Report on Form 10-K.","Company filed Form 8-K solely to fix this error; no change to overall financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253560,"accession_number":"0001437749-24-009136","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-03-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Hallador Energy appoints Marjorie Hargrave as new CFO, effective April 10, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed Marjorie Hargrave as CFO effective April 10, 2024; succeeds Lawrence D. Martin.","Martin (with company since 2007) will stay for transition and special projects.","Hargrave's base salary $400k, target annual short-term incentive $200k, and $100k RSU grant.","Hargrave previously CFO at Leanin' Tree, Enservco, CTAP, High Sierra Energy; roles at Xcel Energy and Black Hills Corp."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253559,"accession_number":"0001437749-24-007696","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador posts record FY2023 net income $44.8M, Adj. EBITDA $107M; signs MOU for data center power sales at Merom","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $44.8M ($1.35 basic EPS), up from $18.1M in 2022; operating cash flow $59.4M.","Adjusted EBITDA $107M, nearly double prior year's $56.2M; total revenue $634.5M vs $362M.","Coal division restructured: cut 110 jobs, idled surface mines, reduced capex $10M, kept 4.5M tons high-margin production.","Signed MOU with Hoosier Energy/WIN REMC to market Merom plant to data centers and high-density power users.","Secured ~$500M in long-term capacity/energy contracts through 2028; raised ~$19M via ATM and board notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253558,"accession_number":"0001437749-24-005288","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2024-02-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Hallador Energy restructures Sunrise Coal Division, idles high-cost mines, cuts 110 jobs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Idles Freelandville and Prosperity Mines; reduces coal production capex by ~$10M in 2024.","Focuses on four lowest-cost units running 7 days/week; expects 4.5M tons annual output.","Workforce reduced by ~110 employees, primarily at Sunrise Coal, over next several days.","Transition from coal producer to vertically integrated independent power producer cited as rationale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271019,"accession_number":"0001104659-23-126645","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-12-18T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Hallador Energy enters $50M ATM equity offering with B. Riley Securities","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered at-market issuance sales agreement to sell up to $50M of common stock.","B. Riley Securities acts as sales agent under the ATM program.","Shares sold under effective Form S-3 registration statement filed with SEC.","Company filed prospectus supplement dated December 18, 2023.","Either party may terminate agreement on 5 days' notice."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271018,"accession_number":"0001437749-23-030459","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador reports record 9-month net income of $55.0M; secures $325M in future sales","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record 9-month net income $55.0M ($1.66 basic EPS) vs loss of $11.9M in 2022; adj. EBITDA $105.2M.","Q3 net income $16.1M, operating cash flow $35.3M; bank debt reduced to $61.8M, leverage ratio 0.71x.","Signed $325M in future energy/capacity sales for 2024-2028; 3.3M MWh energy at avg $56/MWh.","Contracted coal: 2.4M tons Q4 2023 at $54.30/ton; 8.1M tons priced total through 2027.","Liquidity $66.4M; new $140M credit facility extended maturity to 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":1.52,"consensus_revenue_estimate":null,"consensus_revenue_actual":515296000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287907,"accession_number":"0001437749-23-025496","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-09-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Chief Accounting Officer R. Todd Davis resigns effective Dec 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Davis notified Hallador on Sept 5, 2023 of his resignation as CAO, effective Dec 1, 2023.","He will assist in transitioning the CAO role until his departure.","Resignation is not related to any disagreements with the Company or its management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287906,"accession_number":"0001437749-23-022382","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador reports record H1 net income of $39M; leverage ratio falls to 0.94x","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $16.9M (Q2) and $39.0M (H1); diluted EPS $0.51 and $1.18 respectively.","Adjusted EBITDA of $35.3M (Q2) and $69.3M (H1); operating cash flow $18.1M and $44.2M.","Leverage ratio fell to 0.94x; closed $140M credit facility maturing 2026; liquidity $56.9M.","Coal margins improved to $23.92/ton in Q2, up $6.85 from Q1 and $15.53 YoY; shipped 1.7M tons.","Contracted coal revenue for H2 2023: $230.4M at $57.60/ton; 4.0M tons priced for 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":1.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":349528000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287905,"accession_number":"0001437749-23-021713","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Hallador Enters $140M Credit Facility Through 2026; Liquidity Increases to $56.9M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Converts $65M of funded debt into term loan maturing March 31, 2026; adds $75M revolver maturing July 31, 2026.","Interest rate: SOFR plus 4.00%-5.00% based on leverage ratio; max leverage 2.25x, debt service coverage 1.25x.","Maximum annual capex raised to $100M; permitted capital leases up to $25M; unsecured debt issuance up to $50M.","CEO Brent Bilsland says facility provides increased liquidity and flexibility for future power sales and profits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287904,"accession_number":"0001104659-23-082387","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Hallador files Merom Station financials; revenue $256.5M, net income $7.3M for 9mo Sep 2022","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Merom Station revenue $256.5M for 9M Sep 2022 vs $218.8M prior year; net income $7.3M vs $5.9M.","Total assets $604.9M; owner's net investment $566.0M as of Sep 30, 2022.","Acquisition agreed Feb 2022 includes 3.5-year PPA with Hoosier for up to 100% output through May 2023.","Regulatory asset for unrecovered plant cost $522.2M to be amortized through 2038.","Asset retirement obligations $19.8M at Sep 30, 2022; accretion expense $297K for 9M 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308246,"accession_number":"0001437749-23-016394","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-06-01T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Hallador Energy annual meeting results: all director nominees elected, compensation approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected; Brent Bilsland received 19.99M votes for, Charles Wesley 14.56M.","Advisory say-on-pay passed with 15.62M for vs 4.50M against.","Grant Thornton LLP ratified as independent auditor with 26.77M votes for.","Turnout: 26.79M shares (80.84% of outstanding) voted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308245,"accession_number":"0001437749-23-013093","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Energy Q1 2023 net income $22.1M, EPS $0.67; coal margins surge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $188.3M (vs $58.9M in Q1 2022); net income $22.1M vs loss $10.1M a year ago.","Coal margins $17.07/ton, up $6.66 from Q4 2022; average coal price $55.88/ton.","Bank debt reduced $10M to $75.2M; debt/EBITDA ratio improved to 1.2x.","Adjusted EBITDA $34.0M, up sharply from $2.6M in Q1 2022; operating cash flow $26.1M.","Contracted 5.8M tons for 2023 at $57/ton; 7.5M tons contracted for 2024-2027."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":188334000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327110,"accession_number":"0001437749-23-006948","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2023-03-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Energy posts full-year 2022 net income $18.1M; revenue up 46% to $362M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $18.1M ($0.57/share) vs. net loss $3.8M in 2021; revenue $362M (+46% YoY).","Average coal sales price rose to $45.64/ton from $39.51; estimated 2023 avg price $58.70/ton.","Bank debt reduced to $85.2M from $111.7M; amended credit facility, $35M revolver converted to term debt, maturity extended to May 2024.","Completed acquisition of Merom Generating Station (1-GW coal plant) in Oct 2022; captive demand for up to 40% of coal production from 2024.","Signed 2.2M tons of new coal contracts at ~$125/ton; production potential of 7.5M tons in 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327109,"accession_number":"0001437749-23-000668","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K/A","filed_at":"2023-01-06T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Hallador completes Merom 1-GW power plant acquisition; pro forma net income positive","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consideration includes $184.5M PPA liability, $34.3M coal contract asset, ~$17M coal inventory.","Pro forma net income for six mo. ended June 2022: $4.9M (vs. Hallador loss of $13.5M).","Pro forma diluted EPS: $0.16 for H1 2022; $1.07 for FY 2021.","Acquisition closed Oct 21, 2022; accounted for as asset acquisition (ASC 805).","Fair value of plant $165.8M; ARO assumed $7.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344842,"accession_number":"0001437749-22-027389","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-11-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador posts Q3 net income of $1.6M; pays down 34% of bank debt, signs higher-priced coal contracts","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $1.6M ($0.05 EPS); adjusted EBITDA $18.4M on revenue of $85M.","Bank debt reduced by $44M (34%) since Q2 to $87M; includes $17M in Q3 and $27M from Merom acquisition proceeds.","Average coal price rose to $49.01/ton in Q3 vs $38.71/ton in Q3 2021; 1.7M tons sold.","Contracted 2.2M tons at ~$125/ton for future delivery; projects net debt-free in 2023.","Completed Merom Generating Station acquisition on Oct 21, receiving net $34M and diversifying revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":209920000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344841,"accession_number":"0001437749-22-024532","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-10-21T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Hallador completes acquisition of 1-GW Merom Generating Station from Hoosier Energy","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Assumed decommissioning & environmental liabilities with estimated cost of $20M.","Will purchase ~$17M in coal inventory; initial payment of $5.4M plus periodic payments.","3.5-year PPA: Hoosier buys 100% of output through May 2023, then 22% energy/32% capacity through 2025.","Existing renewable PPA (150 MW solar, 50 MW battery) retained, start delayed until Merom retirement.","Acquisition preserves 100+ jobs; CEO calls it a diversified earnings platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344840,"accession_number":"0001437749-22-023586","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-10-04T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Hallador Energy amends credit agreement to allow Merom Generating Station acquisition; LC sublimit raised to $30M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ninth Amendment to credit agreement with PNC as administrative agent, executed Sept 28, 2022.","Amendment explicitly permits Hallador Power Company to acquire Hoosier Energy's 1-GW Merom Generating Station per prior Asset Purchase Agreement.","Letters of Credit sublimit increased from $25M to $30M.","Lenders also consented to trust agreement for surety bonds to Indiana Department of Environmental Management.","No other material changes; representations and warranties reaffirmed; no defaults."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344839,"accession_number":"0001437749-22-023470","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Hallador Energy dismisses Plante & Moran, appoints Grant Thornton as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Plante & Moran as independent auditor, effective Sept 27, 2022; prior reports were unmodified.","Appointed Grant Thornton as new auditor, effective for quarter ending Sept 30, 2022, approved by audit committee.","No disagreements or reportable events occurred with Plante & Moran during fiscal 2020-2021 and through dismissal.","No pre-appointment consultations with Grant Thornton on accounting principles or audit opinion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361314,"accession_number":"0001437749-22-020619","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-08-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Hallador Energy Q2 net loss $3.4M, adj. EBITDA $11.5M; secures forward sales >$125/ton","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $3.4M ($0.11 per share); adjusted EBITDA $11.5M for Q2 2022.","Production cost improved $7.71/ton to $31.83/ton versus Q1; margins up $6.53.","Raised $29M in convertible debt in Q2 and early Q3; $10M converted to equity.","Signed forward sales contracts for ~2.2M tons at over $125/ton; expects 2023 adjusted EBITDA ~$160M.","Progress toward closing Merom power plant acquisition, pending governmental and financial approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":124836000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361313,"accession_number":"0001437749-22-020174","cik":788965,"company_name":"HALLADOR ENERGY CO","ticker":"HNRG","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Hallador Energy amends credit facility, issues $4M convertible notes to directors","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Eighth amendment to credit agreement: max leverage ratio raised to 4.50x, debt service coverage waived for Q3 2022.","Capex limit for 2022 raised to $40M; $20M of unsecured debt authorized through Oct 31, 2022.","Issued $4.0M unsecured convertible notes (8% interest, due Dec 29, 2028) to two directors.","Notes convertible at $6.254/share; proceeds used for working capital.","Issuance exempt under Section 4(a)(2) and Rule 506(b) of Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":925169581.7082018,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-08-11T23:59:59+00:00|361313"}