secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001437749-24-007696
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000143774924007696/0001437749-24-007696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000143774924007696/hnrg20231129_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-007696

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