Here is Why Hallador Energy Company (HNRG) Gained This Week

Hallador Energy Company (NASDAQ:HNRG) was among the energy stocks that gained the most this week. In this article, we are going to discuss why the stock surged 21.9% between May 7th and May 14th.

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 stock of Hallador Energy Company (NASDAQ:HNRG) gained after the company reported better-than-expected results for its Q1 2025 this week. Hallador’s EPS of $0.23 was well above expectations by $0.39, while its revenue also surged by 7.4% YoY to $117.8 million, beating expectations by over $19 million. Electric sales, which make up 73% of the company’s revenue mix, also grew significantly to $85.9 million, underscoring Hallador’s commitment to emphasizing electric sales as an IPP. Thanks to its impressive performance, the company’s liquidity also improved to $69 million at the end of Q1 2025, compared to $37.8 million at the end of the previous quarter. Meanwhile, its total bank debt decreased significantly from $44 million to $23 million during the period.

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Disclosure: None.