Hallador Energy (NASDAQ:HNRG) Stock Price Up 5.9% – What’s Next?

Shares of Hallador Energy Company (NASDAQ:HNRG) were up 5.9% on Thursday . The company traded as high as $20.15 and last traded at $20.0450. Approximately 344,654 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 529,728 shares. The stock had previously closed at $18.92.

Key Hallador Energy News

Here are the key news stories impacting Hallador Energy this week:

• Positive Sentiment: MISO accepted Hallador’s ERAS application for a 515 MW gas generation expansion — this supports growth visibility, underpins management’s plan for higher 2026 capex and could add future power sales. Hallador signals 515 MW gas expansion through ERAS
• Positive Sentiment: B. Riley upgraded HNRG from Neutral to Buy and raised its price target to $27, signaling materially higher upside expectations from some analysts. B. Riley upgrade coverage (Benzinga)
• Neutral Sentiment: Fiscal 2025 showed company-level improvement: total revenue +16% YoY to $469.5M, operating cash flow +23% to $81.1M, net income rose and adjusted EBITDA roughly tripled — evidence of underlying business strength. Company FY’25 results (GlobeNewswire)
• Neutral Sentiment: Q4 EPS of ($0.01) matched consensus, reducing surprise on the bottom line even as some top-line and margin metrics disappointed. Q4 loss report (Zacks)
• Negative Sentiment: Q4 margin compression and cash‑flow weakness: cost of sales jumped ~49% YoY, gross profit fell sharply, and operating cash from the quarter dropped materially — investors reacted negatively to squeezed near‑term profitability. Stock falls on Q4 earnings (Quiver)
• Negative Sentiment: Higher capex in Q4 and planned 2026 spending raise short‑term financing and execution risk (cash was modest ~ $10.1M in the quarter), while recent insider sales and mixed institutional flows add to near‑term pressure. Capex and insider activity summary (Quiver)

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HNRG shares. Wall Street Zen downgraded Hallador Energy from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hallador Energy in a report on Thursday, January 22nd. Zacks Research lowered shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Finally, B. Riley Financial upgraded shares of Hallador Energy from a “neutral” rating to a “buy” rating and increased their target price for the company from $23.00 to $27.00 in a report on Friday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

Hallador Energy Price Performance

The stock has a market cap of $749.49 million, a PE ratio of 17.81 and a beta of 0.22. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.31 and a current ratio of 0.66. The business has a 50 day moving average price of $19.14 and a two-hundred day moving average price of $19.41.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings results on Thursday, March 12th. The energy company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $101.94 million during the quarter, compared to the consensus estimate of $105.48 million. Hallador Energy had a return on equity of 32.74% and a net margin of 8.92%. Research analysts expect that Hallador Energy Company will post -0.31 earnings per share for the current fiscal year.

Insider Transactions at Hallador Energy

In other Hallador Energy news, Director Charles Ray Iv Wesley acquired 20,000 shares of Hallador Energy stock in a transaction on Wednesday, December 17th. The stock was purchased at an average price of $17.83 per share, for a total transaction of $356,600.00. Following the purchase, the director directly owned 267,914 shares of the company’s stock, valued at $4,776,906.62. This trade represents a 8.07% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 23.73% of the stock is owned by company insiders.

Hedge Funds Weigh In On Hallador Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its position in Hallador Energy by 1.9% during the first quarter. AQR Capital Management LLC now owns 103,534 shares of the energy company’s stock valued at $1,271,000 after buying an additional 1,950 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Hallador Energy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock worth $187,000 after acquiring an additional 624 shares during the period. Millennium Management LLC boosted its stake in Hallador Energy by 1,233.6% in the first quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock valued at $5,975,000 after acquiring an additional 450,049 shares during the last quarter. Empowered Funds LLC grew its position in shares of Hallador Energy by 5.5% during the 1st quarter. Empowered Funds LLC now owns 246,106 shares of the energy company’s stock valued at $3,022,000 after acquiring an additional 12,921 shares during the period. Finally, Acadian Asset Management LLC bought a new position in shares of Hallador Energy during the 1st quarter valued at approximately $807,000. 61.38% of the stock is owned by hedge funds and other institutional investors.

Hallador Energy Company Profile

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.