Hallador Energy (NASDAQ:HNRG – Free Report) had its price target increased by B. Riley from $9.00 to $13.00 in a research note released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the energy company’s stock. B. Riley also issued estimates for Hallador Energy’s Q3 2025 earnings at $0.10 EPS.
Separately, StockNews.com cut Hallador Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 18th.
Read Our Latest Stock Analysis on Hallador Energy
Hallador Energy Trading Down 4.0 %
Hallador Energy (NASDAQ:HNRG – Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The energy company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.14. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The company had revenue of $105.04 million during the quarter, compared to analysts’ expectations of $117.10 million. During the same quarter last year, the company posted $0.47 EPS. Equities research analysts predict that Hallador Energy will post -0.41 EPS for the current fiscal year.
Insider Activity at Hallador Energy
In other Hallador Energy news, Director Zarrell Thomas Gray bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The shares were purchased at an average price of $5.75 per share, with a total value of $28,750.00. Following the completion of the acquisition, the director now directly owns 33,000 shares of the company’s stock, valued at $189,750. This represents a 17.86 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles Ray Iv Wesley purchased 25,000 shares of the business’s stock in a transaction on Friday, September 6th. The stock was acquired at an average price of $5.97 per share, for a total transaction of $149,250.00. Following the completion of the purchase, the director now owns 184,302 shares of the company’s stock, valued at $1,100,282.94. This represents a 15.69 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 46,000 shares of company stock valued at $280,040 over the last 90 days. 32.30% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Hallador Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its stake in Hallador Energy by 1.7% in the second quarter. Bank of New York Mellon Corp now owns 183,683 shares of the energy company’s stock valued at $1,427,000 after purchasing an additional 3,017 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Hallador Energy by 66.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,357 shares of the energy company’s stock valued at $98,000 after buying an additional 4,132 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Hallador Energy by 10.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 53,172 shares of the energy company’s stock valued at $283,000 after buying an additional 4,887 shares during the last quarter. CWM LLC raised its stake in Hallador Energy by 154.4% during the 3rd quarter. CWM LLC now owns 8,227 shares of the energy company’s stock worth $78,000 after acquiring an additional 4,993 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Hallador Energy by 16.1% during the 2nd quarter. Rhumbline Advisers now owns 37,757 shares of the energy company’s stock worth $293,000 after acquiring an additional 5,241 shares in the last quarter. 61.38% of the stock is owned by institutional investors and hedge funds.
About Hallador Energy
Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.
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