Hallador Energy Company · NASDAQ:HNRG
Hallador Energy — Investor Presentation (June 2011)
15 slides from Hallador Energy's investor presentation, Jun 13, 2011
Slide 1: Hallador Energy Company Corporate Overview
HALLADOR ENERGY COMPANY Corporate Overview it
Slide 2: Agenda
Agenda Hallador Introduction R. DEVELOP. DELIVER Why Hallador Energy? Summary
Slide 3: History and Performance
HISTORY AND PERFORMANCE HALLADOR STOCK HISTORY
Slide 4: Hallador Highlights
Hallador Highlights eta > Joined the NASDAQ > Was named one of Forbes Magazine's “Top 100 Most Trustworthy Companies in America” > Delivered record coal shipments through our wholly owned subsidiary, Sunrise Coal, LLC > Purchased Coalbed Methane and New Albany Shale Gas Assets in Indiana and started
Slide 5: Hallador Energy Selected Financial Data
HALLADOR ENERGY SELECTED FINANCIAL DATA December 31, 2010 “in thousands) Return on Assets Return on Equty Dobe to Equity Long Term Debt to Equity ‘Bank Debt to EBITDA Levered Free Cash Flow Book Value Growth ‘SRP 500 Growth ‘Compounded Book Growth (2006-2010) ‘Compounded S&P 500 Growth (2006-2010) (
Slide 6: Hallador Energy Selected Financial Data
HALLADOR ENERGY SELECTED FINANCIAL DATA December 31, 2010 (in thousands) 2006 2007 2008 20092010 Current Assets 12092 31,361 26232 Long Term & Other Assets 53041 75,165 104,704 160432 Total Assets 61823 87257 136,065 196,664 ‘Current Liabilities (Excludes Bank Debt) 3.095 7351 1247810593 9,501 Bank
Slide 7: Management team
Victor P. Stabio Chief Executive Officer Brent K. Bilsland President W. Anderson Bishop Chief Financial Officer Lawrence D. Martin Chief Financial Officer Sunrise Coal Jay A. Toney Vice President Operations Sunrise Coal Hallador Employs 339 people, all but seven in the Sunrise Coal Offices and Mine.
Slide 8: Pure Illinois Basin Play
*Pure Illinois Basin Play *Unique Product *Lowest Cost Producer Safety *Growing Coal Reserves «Management Focused on Low-Cost Development
Slide 9: Right Place
RIGHT PLACE ec: Jo Boy US Caen 2011 Million Tons US Coal Production: 2009 2010 2011 2012 2013 2014 2015 2016 Central App -eILB
Slide 10: Right Product
RIGHT PRODUCT ‘Most of the ilinois Basin Coal Reserves (80%) are considered high chlorine (more than 20 Chlorine), which is considered corrosive to power plants by much ofthe industry. Sunrise Coal glow chlorine at less than .1O chlorine. High Fusion Temperatures (2400 degrees) are another unique at
Slide 11: Right Cost: lowest cost public operator in the ILB
RIGHT Efficient in-house development, maintenance and lean management has made Hallador’s Sunrise Coal the lowest cost public operator in the ILB. Sites Price IN| Operating Margin Cash Coss sore: US Coa Cmtndy, 42010 Bregy Vertue helps
Slide 12: Olympics
30 OLYMPICS Hallador President, Brent Bilsland appearing on Platt’s Eneray Week, February 2011
Slide 13: Carlisle and Allerton reserves
2006 2007 2008 2009 2010 CARLISLE (IMM TONS) 44 48 54 55 55 ALLERTON (MM TONS) oO oO i} oO 49 TOTAL 44 48 54 55 104 Tons Sold in Thousands: -0- 972 1,933 2,650 3,050 Includes all controlled and uncontrolled reserves. See Corporate Overview booklet for breakdown of controlled and uncontrolled reserve
Slide 14: Non-Union, Simple Accounting, Low Leverage
Non-Union Simple Accounting No Legacy Costs Low Leverage Stock Ownership for Employees
Slide 15: One permit and three contracts away
One permit and three contracts away from duplicating the Carlisle Mine success and doubling our market cap