---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-020619"
form_type: "8-K"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:37:54.909489+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hallador Energy Q2 net loss $3.4M, adj. EBITDA $11.5M; secures forward sales >$125/ton

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-020619
- form_type: 8-K
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000143774922020619/0001437749-22-020619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000143774922020619/hnrg20220704_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-020619
- JSON: https://secwatch.observer/filing/0001437749-22-020619.json
- Plain text: https://secwatch.observer/filing/0001437749-22-020619.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.