Business
Hallador Energy Company Reports Second Quarter 2025 Financial and Operating Results
- Q2 Total Revenue up 10% YoY to $102.9 Million -- Q2 Net Income Increases to $8.2 Million or $0.19 Earnings per Share –- Q2 Operating Cash Flow of $11.4
About this update from Hallador Energy Company
[{"type":"text","content":"- Q2 Total Revenue up 10% YoY to $102.9 Million -- Q2 Net Income Increases to $8.2 Million or $0.19 Earnings per Share –- Q2 Operating Cash Flow of $11.4 Million -- Q2 Adjusted EBITDA increases to $3.4 Million - TERRE HAUTE, Ind., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today reported its financial results for the second quarter ended June 30, 2025. “We delivered a strong second quarter highlighted by gains across the P&L, including increased revenue, net income and adjusted EBITDA, along with another period of positive cash flow from operations,” said Brent Bilsland, President and Chief Executive Officer. “Our performance reflects the operational resilience of our platform, particularly as we navigated seasonal spring softness in the energy market and a scheduled outage at one of our generating units. The strength of our remaining unit and higher-than-expected market pricing in late June helped offset those headwinds, while our coal operations benefited from improved cost efficiency and stronger recovery rates. As a result of these operational enhancements and our planned outage at Merom, inventory levels rose in the quarter, positioning us for an active second half as both units return to full dispatch and coal customer shipments accelerate.” Bilsland continued, “We’re also seeing increased momentum in our commercial strategy to secure a long-term power purchase agreement (PPA). Since concluding exclusive discussions with a major data center developer in May, we’ve engaged with a broader slate of potential partners, including utilities whose proposals offer compelling scale and execution benefits. The current market backdrop, characterized by ramping demand for accredited capacity and resilient baseload power, presents a significantly more attractive landscape than when we initiated our RFP process last year. We remain optimistic that these conversations will culminate in a long-term agreement that enhances value for our shareholders.” “Looking ahead, we remain focused on unlocking the full value of our dispatchable generation assets while continuing to evaluate strategic acquisitions and enhancements. The momentum we're seeing across federal and state policy, combined with growing interest from potential partners for a long-term PPA, reinforces our confidence in t...