Hallador Energy (HNRG) Fell This Week. Here is Why.

The share price of Hallador Energy Company (NASDAQ:HNRG) fell by 5.47% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

Hallador Energy (HNRG) Fell This Week. Here is Why.

A continuous supply of coal streaming out of the entrance of the underground mine.

With its roots in oil and gas exploration, Hallador Energy Company (NASDAQ:HNRG) has evolved to concentrate on coal development and transportation delivery. The company is also pivoting towards power generation over coal production amid a tough outlook for fossil fuels in the US.

After closing at an all-time high of $19.4 last month, Hallador Energy Company (NASDAQ:HNRG) has been under pressure after the company disclosed that its agreement with a datacenter developer, which granted exclusivity in a potential power supply deal, has been terminated by the counterparty. Moreover, the company’s shareholders approved the Second Amended and Restated 2008 Restricted Stock Unit Plan last week, increasing the number of shares available for issuance by 2,000,000 and extending the plan’s term until May 29, 2035.

However, despite the recent setback, Hallador Energy Company (NASDAQ:HNRG) has delivered an impressive return of more than 87% over the last year.

While we acknowledge the potential of HNRG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HNRG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds

Disclosure: None.