Hallador Energy (NASDAQ:HNRG) Raised to “Buy” at B. Riley Financial

Hallador Energy (NASDAQ:HNRG) was upgraded by equities research analysts at B. Riley Financial from a “neutral” rating to a “buy” rating in a research note issued on Friday, Marketbeat reports. The firm presently has a $27.00 target price on the energy company’s stock, up from their previous target price of $23.00. B. Riley Financial’s price objective indicates a potential upside of 57.89% from the company’s previous close.

Several other analysts have also recently commented on the company. Zacks Research cut Hallador Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Hallador Energy in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.00.

Hallador Energy Stock Down 11.5%

HNRG opened at $17.10 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.66 and a debt-to-equity ratio of 0.02. Hallador Energy has a twelve month low of $9.25 and a twelve month high of $24.70. The company has a market cap of $749.49 million, a PE ratio of 17.81 and a beta of 0.22. The company has a 50-day moving average price of $19.14 and a 200 day moving average price of $19.43.

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

Insider Buying and Selling at Hallador Energy

In related news, Director Charles Ray Iv Wesley bought 20,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were acquired at an average cost of $17.83 per share, for a total transaction of $356,600.00. Following the acquisition, the director directly owned 267,914 shares in the company, valued at approximately $4,776,906.62. This trade represents a 8.07% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.73% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Hallador Energy

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in Hallador Energy by 92.5% during the fourth quarter. Royal Bank of Canada now owns 1,413 shares of the energy company’s stock worth $27,000 after buying an additional 679 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Hallador Energy in the 2nd quarter worth $27,000. State of Alaska Department of Revenue acquired a new stake in shares of Hallador Energy in the 3rd quarter worth $32,000. EverSource Wealth Advisors LLC raised its holdings in shares of Hallador Energy by 11,110.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,130 shares of the energy company’s stock worth $34,000 after acquiring an additional 2,111 shares during the period. Finally, USA Financial Formulas purchased a new position in shares of Hallador Energy during the 4th quarter worth $42,000. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Trending Headlines about Hallador Energy

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)

About Hallador Energy

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.