Hallador Energy Posts 180.8% Net Income Growth in Q2 2025

Hallador Energy reported a strong fiscal second-quarter 2025 performance, marking a significant turnaround with net income rising to $8.2 million from a net loss of $10.2 million the previous year, and earnings per share improving to $0.19. Total revenue increased by approximately 5.8% to $102.9 million, driven primarily by robust coal sales and electric operations, despite a 50% decrease in electric sales volume due to planned maintenance and lower demand. The company achieved positive operating cash flow of $11.4 million while managing capital expenditures of $13.1 million, though its bank debt rose to $45 million amid scheduled maintenance activities. Hallador Energy secured $1.0 billion in forward energy, capacity, and coal sales through 2029, supporting its long-term growth outlook. The stock experienced volatility with a notable month-to-date gain of 23.86% following the earnings report, reflecting investor optimism about the company's operational efficiencies and financial health. Analysts had anticipated lower earnings and revenue before the report, underscoring the company’s better-than-expected results and improved market positioning.