secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001437749-22-020619
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000143774922020619/0001437749-22-020619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000143774922020619/hnrg20220704_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020619

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer