secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001437749-23-030459
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hallador reports record 9-month net income of $55.0M; secures $325M in future sales
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- Record 9-month net income $55.0M ($1.66 basic EPS) vs loss of $11.9M in 2022; adj. EBITDA $105.2M.
- Q3 net income $16.1M, operating cash flow $35.3M; bank debt reduced to $61.8M, leverage ratio 0.71x.
- Signed $325M in future energy/capacity sales for 2024-2028; 3.3M MWh energy at avg $56/MWh.
- Contracted coal: 2.4M tons Q4 2023 at $54.30/ton; 8.1M tons priced total through 2027.
- Liquidity $66.4M; new $140M credit facility extended maturity to 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000143774923030459/0001437749-23-030459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000143774923030459/hnrg20230808_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030459

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