Hallador Energy Q2 revenue beats estimates on higher capacity revenue, coal sales
HNRG•Analyst coverage and valuation
Hallador said the current average analyst rating on the shares is "buy", with 4 strong buy or buy ratings, no hold ratings, and no sell or strong sell ratings.
The median 12-month price target for Hallador Energy Company is $28.50, about 93.1% above its August 7 closing price of $14.76.
The stock recently traded at 20 times the next 12-month earnings, versus a P/E of 34 three months ago.
Outlook and contract visibility
The company now targets Turtle Creek Gas commercial operation in the second half of 2028.
Hallador said it has $2.4 billion in contracted forward sales at the segment level through 2040, which it said supports revenue visibility.
The company expects robust demand for accredited capacity and energy from a diverse set of counterparties.
Q2 revenue beats, adjusted EBITDA misses
Hallador Energy said its second-quarter revenue declined year over year but beat analyst expectations, helped by higher capacity revenue and coal sales.
