TERRE HAUTE, Ind., May 15, 2025 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) ("Hallador" or the "Company"), today announced its participation in three upcoming investor conferences scheduled for May and June 2025. Marjorie Hargrave Chief Financial Officer MHargrave@halladorenergy.com Investor Relations Contact About Hallador Energy Company Hallador Energy Company (Nasdaq: HNRG) is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana. The Company has two core b ...

Hallador Energy Company (HNRG) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Sean Mansouri - Founder & CEOBrent Bilsland - President, CEO & ChairmanMarjorie Hargrave - Chief Financial Officer Conference Call Participants Nick Giles - Senior Research Analyst Operator Good afternoon. Thank you for attending Hallador Energy's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer ses ...

Hallador Energy Company (HNRG) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending Hallador Energy's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will follow at that time. As a reminder, this call may be recorded. I'd now like to turn the conference over to Sean Mazuric, the company's Investor Relations Advisor with Elevate ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number:001-34743 HALLADOR ENERGY COMPANY Registrant's telephone number, including area code: 812.299.2800 (www.halladorenergy.com) Colorado 84-1014610 (State of incor ...

First Quarter 2025 Highlights EXHIBIT 99.1 Hallador Energy Company Reports First Quarter 2025 Financial and Operating Results - Q1 Total Revenue up 6% YoY to $117.8 Million - - Q1 Net Income up Materially YoY to $10.0 Million or $0.23 Earnings per Share – - Q1 Operating Cash Flow up ~ 2x YoY to $38.4 Million - - Q1 Adjusted EBITDA up ~ 3x YoY to $19.3 Million - TERRE HAUTE, Ind., May 12, 2025 – Hallador Energy Company (Nasdaq: HNRG) ("Hallador" or the "Company") today reported its financial results for the ...

– Q1 Total Revenue up 6% YoY to $117.8 Million –– Q1 Net Income up Materially YoY to $10.0 Million or $0.23 Earnings per Share –– Q1 Operating Cash Flow up ~2x YoY to $38.4 Million –– Q1 Adjusted EBITDA up ~3x YoY to $19.3 Million – TERRE HAUTE, Ind., May 12, 2025 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today reported its financial results for the first quarter ended March 31, 2025. “We are pleased with our first quarter performance as we returned to top line ...

TERRE HAUTE, Ind., April 28, 2025 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”), will host a conference call on Monday, May 12, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The Company’s results will be reported in a press release prior to the call. Hallador’s management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions prior to the call by ...

Financial Data and Key Metrics Changes - In Q4 2024, consolidated revenue was $94.8 million, down from $104.8 million in Q3 and $119.2 million in the prior year period [28] - The net loss for Q4 was $215.8 million, compared to net income of $1.6 million in Q3 and a net loss of $10.2 million in the prior year period, primarily due to a non-cash impairment charge of $215 million related to the Sunrise Coal subsidiary [28][29] - Operating cash flow increased to $38.9 million in Q4, compared to cash used of $12.9 million in Q3 and $20.1 million in the prior year period [29] - Adjusted EBITDA for Q4 was $6.2 million, down from $9.6 million in Q3 but up from $2.1 million in the prior year period [30] Business Line Data and Key Metrics Changes - Electric sales in Q4 were $69.7 million, down from $71.7 million in Q3 and up from $37.1 million in the prior year period, while coal sales were $23.4 million, down from $31.7 million in Q3 and $91.7 million in the prior year period [27] - Hallador Power generated 1.16 million megawatt hours in Q4, up 5% from 1.1 million megawatt hours in Q3 [23] Market Data and Key Metrics Changes - The forward energy and capacity sales position increased to $685.7 million as of December 31, 2024, compared to $616.9 million at the end of Q3 [31] - Total liquidity at December 31, 2024, was $37.8 million, up from $34.9 million at September 30, 2024 [32] Company Strategy and Development Direction - The company is transitioning from a coal producer to a vertically-integrated power producer, aligning with market trends favoring the IPP model [7][8] - A significant milestone was reached with a non-binding term sheet signed with a global data center developer, indicating a strategic partnership that could drive long-term value [8][9] - The company is actively evaluating additional strategic transactions to expand electric operations and enhance scale [20] Management's Comments on Operating Environment and Future Outlook - Management noted that the transition from dispatchable to non-dispatchable generation increases the value of Hallador Power due to its reliability [10] - There are expectations for favorable pricing trends in 2025 and beyond, particularly related to data center development in Indiana [12][15] - The company anticipates that energy price volatility could increase over the next decade, sustaining a premium in forward power prices [16][17] Other Important Information - The company invested $13.8 million in capital expenditures during Q4, with total CapEx for 2024 at $53.4 million [31] - The company reduced total bank debt to $44 million in Q4, down from $70 million at the end of Q3 [32] Q&A Session Summary Question: Regulatory and review process with the grid operator - Management highlighted multiple access requests from developers, indicating a favorable environment for potential sales [36][37] Question: Remaining items before reaching a definitive agreement - Management indicated that they are encouraged by the progress made and the financial commitments from counterparties [41][42] Question: Capital intensity of upgrades at Merom - Management confirmed that studies are underway to assess the feasibility of coal firing with natural gas by 2032 [44][45] Question: Acquisition of other power assets - Management stated that they are exploring opportunities across various states and evaluating them on a case-by-case basis [49][50] Question: Pricing expectations for deals - Management expects a premium to the forward curves due to increasing demand from data centers and hyperscalers [68] Question: Control over fuel supply for future assets - Management noted that while control over fuel supply is advantageous, it is not a strict requirement for future acquisitions [63][64]

Hallador Energy Company (HNRG) Q4 2024 Earnings Call March 17, 2025 05:30 PM ET Company Participants Sean Mansouri - Founder & CEOBrent Bilsland - President, CEO & ChairmanMarjorie Hargrave - Chief Financial Officer Conference Call Participants Nick Giles - Senior Research AnalystJeff Grampp - Senior AnalystNone - Analyst Operator Good afternoon. Thank you for attending Hallador Energy's Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. At this time, all participants are in listen on ...

Financial Performance - Q4 2024 total revenue reached $94.2 million, with FY'24 total revenue at $404.4 million[1] - Total sales and operating revenues decreased to $404.394 million in 2024 from $634.878 million in 2023, a decline of approximately 36%[18] - Net loss for 2024 was $226.138 million, compared to a net income of $44.793 million in 2023, representing a significant turnaround in performance[18] Cash Flow and Assets - Q4 2024 operating cash flow increased to $32.5 million, while FY'24 operating cash flow totaled $65.9 million[1] - Cash and cash equivalents rose to $7.232 million in 2024 from $2.842 million in 2023, an increase of over 154%[22] - Net cash provided by operating activities was $65.934 million in 2024, compared to $59.414 million in 2023, indicating improved cash flow from operations[20] Sales Breakdown - Electric sales in Q4 2024 were $69.7 million, accounting for 74% of total revenue, compared to $37.1 million or 31% in the same period last year[4][5] - Coal sales in Q4 2024 were $23.4 million, representing 25% of total revenue, down from $81.3 million or 68% in the prior year[5] Debt and Liabilities - Total bank debt decreased by over 50% to $44 million at year-end 2024, down from $91.5 million at the end of 2023[11] - Total liabilities decreased to $264.835 million in 2024 from $321.192 million in 2023, a reduction of approximately 17.5%[16] Capital Expenditures and Impairments - Capital expenditures were reduced to $53.367 million in 2024 from $75.352 million in 2023, a decrease of approximately 29%[22] - The company reported a significant asset impairment charge of $215.136 million in 2024, compared to no such charge in 2023[18] Equity and Shares - The weighted average shares outstanding increased to 39.504 million in 2024 from 33.133 million in 2023, reflecting a dilution in share value[18] - The company’s total stockholders' equity decreased to $104.285 million in 2024 from $268.588 million in 2023, a decline of approximately 61%[16] Strategic Initiatives - Hallador has secured total forward energy, capacity, and coal sales to third-party customers of $1.1 billion through 2029, up from $937.2 million at the end of Q3 2024[11] - The company is actively pursuing opportunities to acquire additional dispatchable generators to enhance its electric operations[2] - Hallador signed an exclusive commitment agreement with a leading global data center developer, marking a significant milestone in its transformation strategy[11] Production Adjustments - The company reduced coal production volume by approximately 40% in 2024, leading to a non-cash write-down of approximately $215 million for Sunrise Coal[3] EBITDA Performance - Q4 2024 adjusted EBITDA surged approximately 3x year-over-year to $6.2 million, with FY'24 adjusted EBITDA at $16.8 million[1]