secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001437749-23-022382
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hallador reports record H1 net income of $39M; leverage ratio falls to 0.94x
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000143774923022382/0001437749-23-022382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000143774923022382/hnrg20230601_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-022382

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