Hallador posts record FY2023 net income $44.8M, Adj. EBITDA $107M; signs MOU for data center power sales at Merom

HALLADOR ENERGY CO

Net income $44.8M ($1.35 basic EPS), up from $18.1M in 2022; operating cash flow $59.4M.
Adjusted EBITDA $107M, nearly double prior year's $56.2M; total revenue $634.5M vs $362M.
Coal division restructured: cut 110 jobs, idled surface mines, reduced capex $10M, kept 4.5M tons high-margin production.
Signed MOU with Hoosier Energy/WIN REMC to market Merom plant to data centers and high-density power users.
Secured ~$500M in long-term capacity/energy contracts through 2028; raised ~$19M via ATM and board notes.

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 financial results for fourth quarter and full year 2023.

Period: fourth quarter and full year 2023
Result: reported results

Exact text from the filing

On March 13, 2024, Hallador Energy Company issued a press release announcing its fourth quarter and full year 2023 financial results. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

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 0001437749-24-007696

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.