Hallador Energy Q1 2023 net income $22.1M, EPS $0.67; coal margins surge

HALLADOR ENERGY CO

2023-Q1 EPS reported $0.61 revenue$188,334,000

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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HALLADOR ENERGY CO reported quarter ended March 31, 2023 results: net income $22.1 million, EPS $.67 basic earnings per share.

Period: quarter ended March 31, 2023
Net income: $22.1 million
EPS: $.67 basic earnings per share
Result: reported results

Exact text from the filing

Hallador Energy Company (NASDAQ – HNRG) today reported a net income of $22.1 million, $.67 basic earnings per share, and adjusted EBITDA of $34.0 million for the quarter ended March 31, 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

HALLADOR ENERGY CO filing history →

Source: SEC EDGAR

accession 0001437749-23-013093

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.