Overview

* Hallador Q2 revenue up 10% to $102.9 mln, driven by coal sales

* Adjusted EBITDA rises to $3.4 mln, beating analyst expectations, per LSEG data

* Net income increases to $8.2 mln

Outlook

* Company optimistic about securing long-term power purchase agreement

* Hallador exploring strategic acquisitions and enhancements

Result Drivers

* COAL SALES - Revenue growth driven by strong increase in coal sales to $38.1 mln

* OPERATIONAL RESILIENCE - Co attributes performance to operational resilience despite seasonal softness and scheduled outage

* COST EFFICIENCY - Improved cost efficiency and stronger recovery rates benefited coal operations

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $102.9 $94.10

Revenue mln mln (3

Analysts

)

Q2 Net $8.20

Income mln

Q2 Beat $3.40 $1.96

Adjusted mln mln (3

EBITDA Analysts

)

Q2 $11.40

Adjusted mln

Free

Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the coal peer group is "buy"

* Wall Street's median 12-month price target for Hallador Energy Co ( HNRG ) is $23.00, about 7.7% above its August 8 closing price of $21.22

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)