Hallador Energy Co (STU:H7H)

Q4 2025 Hallador Energy Co Earnings Call Transcript

Mar 12, 2026 / 09:00 PM GMT

Release Date Price: €16.2 (-2.41%)

Transcript 8-K10-K

Key Points

Positve

Hallador Energy Co (HNRG) reported a 16% increase in total revenue for the full year 2025, reaching $469.5 million.
Net income improved significantly to $41.9 million, showcasing strong financial performance.
Adjusted EBITDA increased approximately threefold to $56 million, indicating enhanced operational efficiency.
Electric sales were a major driver of revenue growth, increasing by approximately 19% to $310.7 million.
The company has a strong forward sales book of approximately $1.3 billion, reflecting robust future revenue potential.

Negative

Operational challenges at the Miram power plant in Q4 2025 and Q1 2026 reduced unit availability and impacted performance.
The company expects Q1 2026 results to be similar to Q4 2025 due to ongoing operational issues.
Operating cash flow for Q4 2025 decreased to $8.1 million from $32.5 million in the prior year period.
Capital expenditures increased significantly in Q4 2025, reaching $24.9 million compared to $13.8 million in the previous year.
The company experienced a net loss of $0.2 million for Q4 2025, although this was an improvement from the prior year's loss.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HNRG.OQ - Hallador Energy Co
Q4 2025 Hallador Energy Co Earnings Call
Mar 12, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon and thank you for attending Halador's Energy's 4th quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. Following our prepared remarks, we will conduct a question-and-answer session, and instructions will follow at that time. As a reminder, this call is being recorded. And I would like to turn the conference over to Sean Mansouri, the company's investor relations advisor for Elet IR. Please go ahead, Sean.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you and good afternoon, everyone. We appreciate you

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.