FY2025 · ended Dec 31, 2025 · Revenue $469.47M, +16.2% YoY · Filed Mar 12, 2026
Hallador Energy Co (HNRG) files with the SEC under industry code 4911, Electric Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $469.5 million and net income of $41.9 million. Free cash flow was $11.9 million. As of Jun 30, 2026 it held $29.0 million in cash and investments and $47.7 million in total debt.
Revenue (TTM)
$454.91M
+8.5% vs year-ago TTM
Net income (TTM)
$-912,000
+99.5% vs year-ago TTM
Operating cash flow (TTM)
$27.96M
-63.1% vs year-ago TTM
Free cash flow (TTM)
$-50.46M
-295.8% vs year-ago TTM
EPS (TTM)
$-0.02
+99.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
47.02M
+10.3% vs prior year
Net cash
$-18.73M
as of Jun 30, 2026
Operating margin
3.8%
FY 2026
Company profile
- Industry
- Electric Services (SIC 4911)
- Listed as
- HNRG (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- CO
- Headquarters
- Terre Haute, IN
- SEC filer status
- Accelerated filer
- SEC CIK
- 788965
- Former names
- HALLADOR PETROLEUM CO (until Dec 21, 2009)
Other Electric Services companies
- Nextera Energy Inc NEE
- Southern Co SO
- Constellation Energy Corp CEG
- American Electric Power Co Inc AEP
- Dominion Energy, Inc D
- Entergy Corp /DE/ ETR
- Vistra Corp. VST
- Fortis Inc. FTS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $469.5M | $404.2M | $634.9M | $362.0M | $247.7M |
| Operating income | $61.1M | -$218.4M | $65.0M | $30.4M | -$6.0M |
| Net income | $41.9M | -$226.1M | $44.8M | $18.1M | -$3.8M |
| Diluted EPS | $0.96 | -$5.72 | $1.25 | $0.55 | — |
| Operating cash flow | $81.1M | $65.9M | $59.4M | $54.2M | $48.0M |
| Free cash flow | $11.9M | $12.6M | -$15.9M | $149,000 | $19.9M |
| Total assets | $408.1M | $369.1M | $589.8M | $630.6M | $354.0M |
| Total liabilities | $248.2M | $264.8M | $321.2M | $415.5M | $167.7M |
| Stockholders' equity | $159.8M | $104.3M | $268.6M | $215.0M | $182.2M |
| Cash and investments | $10.1M | $7.2M | $2.8M | $3.0M | $2.5M |
| Total debt | $39.1M | $57.8M | $100.7M | $82.7M | $107.8M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Oct 8, 2026 | Oct 7, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Sep 17, 2026 | Sep 15, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 14, 2026 | Aug 11, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Jun 26, 2026 | Jun 25, 2026 |
All 881 Hallador Energy Co SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.