other material
confidence high
sentiment neutral
materiality 0.35
Hallador files Merom Station financials; revenue $256.5M, net income $7.3M for 9mo Sep 2022
HALLADOR ENERGY CO
- 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.