Price-Driven Insight from (HNRG) for Rule-Based Strategy
This article provides a price-driven insight into Hallador Energy Company (HNRG) for rule-based trading strategies. It highlights weak sentiment across all time horizons, supporting a short bias, and identifies a mid-channel oscillation pattern. The analysis presents specific entry zones, targets, and stop losses for position trading, momentum breakout, and risk hedging strategies, all generated by AI models.
Hallador Energy Company (HNRG) Stock Price, News, Quote & History
This article provides a comprehensive overview of Hallador Energy Company (HNRG), including its current stock price, recent performance, key financial metrics, and analyst ratings. Hallador Energy operates as an independent power producer and fuel company, primarily involved in coal mining and power generation. The data covers performance against benchmarks like the S&P 500, earnings trends, and valuation measures.
Hallador Energy Closes Up to $675 Million in Debt Financing for Turtle Creek Gas Project
Hallador Energy (HNRG) has secured up to $675 million in debt financing. This funding is intended to support its Turtle Creek Gas Project. The announcement was made on Thursday, September 17, 2026.
Hallador Secures Up to $675MM Debt Financing for Turtle Creek Gas
Hallador Energy has secured up to $675 million in debt financing for its Turtle Creek Gas project, including a $600 million senior secured term loan and the potential for a $75 million super-priority revolving credit facility. The financing will primarily fund the construction of the 460-megawatt natural gas-fired power plant, with approximately $120 million dedicated to repaying existing debt. Hallador's CEO, Brent Bilsland, stated this is the largest step in financing Turtle Creek, transforming the company into a multi-fuel independent power producer.
Hallador Energy Sees Unusually High Options Volume (NASDAQ:HNRG)
Hallador Energy (NASDAQ:HNRG) experienced unusually high call option activity, with traders purchasing 3,003 call options, a 131% increase over typical volume. This surge follows Hallador securing up to $675 million in debt financing for its Turtle Creek gas project, aimed at funding most of the project's sub-$800 million cost and reducing development uncertainty. Despite the positive financing news, the company recently missed quarterly EPS estimates and reported a loss, while analyst sentiment remains mixed with a "Moderate Buy" consensus and a $25.12 price target.
Hallador Secures up to $675MM for Indiana Gas Generation Project
Hallador Energy is borrowing up to $675 million to finance its 460-MW gas generation project, the Turtle Creek plant, in Indiana. This project is expected to sell power into the Midcontinent Independent System Operator (MISO) market. The funding will support the development of this significant energy infrastructure.
Hallador Energy Co (HNRG) Shares Surge 3.2% -- What GF Score of 64 Tells Investors
Hallador Energy Co (HNRG) saw its shares surge by 3.2% to $15.18, though it remains significantly overvalued according to GuruFocus's GF Value™ of $10.71. The company has a GF Score™ of 64/100, indicating above-average quality but with weaknesses in momentum and growth. Insider activity shows a net selling of $7.9 million over the past year, suggesting caution for potential investors.
Hallador Energy surges after closing $600M term loan to fund Turtle Creek project (HNRG:NASDAQ)
Hallador Energy (HNRG) surged 8.9% after announcing the closure of a $600M senior secured term loan facility. This funding is intended to support the company's proposed Turtle Creek natural gas project in Indiana. The loan consists of $550M funded at closing.
Financing plan could fund most of Hallador (NASDAQ: HNRG) new gas plant
Hallador Energy (NASDAQ: HNRG) has secured a $600 million senior secured term loan facility for its Turtle Creek Gas project, with an additional $75 million revolving credit facility possible, bringing the total financing package to $675 million. This funding is expected to cover the majority of the sub-$800 million project cost, including turbine purchases, plant expansion, and repayment of existing debt. Hallador believes this financing, combined with $2.4 billion in contracted forward sales, provides a clear path to fully fund the project with minimal equity dilution.
Update: Hallador Energy Shares Rise After Closing Up to $675 Million in Debt Financing for Turtle Creek Project
Hallador Energy (HNRG) shares rose after the company finalized debt financing of up to $675 million for its Turtle Creek Project. The update includes the latest stock price movement, indicating a positive market reaction to the news. Access to the full MT Newswires article requires a premium subscription.
Hallador Energy Company Secures Up to $675 Million Debt Financing for Turtle Creek Gas
Hallador Energy Company has secured up to $675 million in debt financing for its Turtle Creek Gas project, consisting of a $600 million senior secured term loan facility and the ability to establish a $75 million revolving credit facility. The funds will primarily be used to finance turbine acquisition, refurbishment, development costs, and construction of the 460-megawatt natural gas-fired power plant, with a total project cost expected to be less than $800 million. The company aims to fully fund the project without equity dilution, leveraging existing contracted forward sales of $2.4 billion, and believes current MISO market conditions support new dispatchable generation.
Hallador Energy secures loan commitment for Turtle Creek natural gas project
Hallador Energy Co. has secured a loan package of up to $675 million to finance its Turtle Creek Gas project at the Merom Generating Station in Sullivan County. This financing is the largest component of the project's overall plan, which involves creating a 460-megawatt natural gas-fired turbine. The company aims for commercial operation by the second half of 2028 and plans to refinance the loan after the plant becomes operational.
Hallador Energy closes $600 million loan for power project
Hallador Energy Company secured a $600 million senior secured term loan facility on September 15 to finance its Turtle Creek natural gas power project, which has an estimated total cost of less than $800 million. The loan includes an initial $550 million funding and a $50 million delayed draw commitment, with proceeds used for turbine acquisition, refurbishment, transportation, construction, and repayment of existing debt. This financing structure allows for more debt than traditional bank project financing, and the company does not anticipate a long-term power purchase agreement as a condition for its final investment decision.
Hallador lands up to $680M debt package to build Turtle Creek gas plant
Hallador Energy Company has secured up to $675 million in debt financing for its Turtle Creek gas project, announced in September 2026 as post-IPO debt. This significant financing package is expected to cover most of the project's estimated cost of under $800 million. The deal represents a major energy financing, providing Hallador with the capital needed to advance the large-scale gas project.
Press Release: Hallador Secures Up to $675 Million Debt Financing for Turtle Creek Gas
Hallador Energy Company (NASDAQ: HNRG) has secured up to $675 million in debt financing for its Turtle Creek gas project from funds and accounts managed by Strategic Facilities Group, LLC. This financing package, consisting of a $600 million project loan facility and a $75 million equity bridge loan facility, will fund the construction of the 1,100 MW natural gas-fired Turtle Creek power plant in Indiana. The project aims to convert Hallador's existing lignite coal-fired plant to natural gas, enhancing its generating capacity and reducing carbon emissions, with a commercial operation date expected in 2027.
Hallador Secures Up to $675 Million Debt Financing for Turtle Creek Gas
Hallador Energy Company has secured up to $675 million in debt financing, comprising a $600 million senior secured term loan and potential $75 million revolving credit facility, to fund its Turtle Creek Gas project. This financing package is expected to cover the majority of the sub-$800 million project cost, with Hallador planning to use its substantial contracted forward sales position and operating cash flow to fully fund the project without significant equity dilution. The company aims to accelerate Turtle Creek's commercial operation and leverage existing infrastructure to meet growing demand for dispatchable power in the MISO market.
Hallador Energy Company (NASDAQ:HNRG) Receives Average Recommendation of "Moderate Buy" from Brokerages
Hallador Energy Company (NASDAQ:HNRG) has received a consensus "Moderate Buy" rating from six brokerages, with an average 12-month price target of $25.13. Despite missing quarterly EPS estimates with a loss of $0.32 per share, the company exceeded revenue expectations at $101.51 million. Insiders have recently purchased 20,000 shares worth $338,820, and institutional investors own 61.38% of the stock.
Hallador Energy Company $HNRG Shares Purchased by Squarepoint Ops LLC
Squarepoint Ops LLC significantly increased its stake in Hallador Energy Company, acquiring an additional 131,390 shares to bring its total holdings to 215,999 shares valued at $3.76 million. This comes as Hallador Energy reported a larger-than-expected quarterly loss of $0.32 per share, despite revenue exceeding estimates. Analyst sentiment on HNRG is mixed, with some issuing "strong-buy" ratings and others downgrading to "sell" or "strong sell," leading to a consensus "Moderate Buy" rating with a target price of $25.12.
BlackRock Inc. Makes New $49.59 Million Investment in Hallador Energy Company $HNRG
BlackRock Inc. has made a new investment of approximately $49.59 million in Hallador Energy Company (HNRG), acquiring 2.85 million shares and now holding a 6.05% stake. Despite recent insider purchases and a "Moderate Buy" consensus rating among analysts, Hallador Energy missed its quarterly EPS expectations, reporting a loss of $0.32 per share against an anticipated loss of $0.12, although revenue exceeded estimates. Institutional investors collectively own 61.38% of the company, while insiders hold 17.43%.
Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Hallador Energy Company $HNRG
Connor Clark & Lunn Investment Management Ltd. has acquired a new stake in Hallador Energy Company (NASDAQ:HNRG), purchasing 151,037 shares valued at approximately $2.63 million, representing a 0.32% ownership. This investment comes as institutional investors and hedge funds collectively own 61.38% of the company. Despite Hallador Energy reporting a revenue beat but an EPS miss in its latest quarter, analysts maintain a "Moderate Buy" consensus rating with an average price target significantly above its current trading price.
Value Aligned Research Advisors LLC Makes New Investment in Hallador Energy Company $HNRG
Value Aligned Research Advisors LLC recently acquired 320,759 shares of Hallador Energy Company (NASDAQ:HNRG) worth approximately $5.58 million, representing a 0.68% stake. This investment highlights continued institutional interest in HNRG, even as analyst sentiment is mixed, with an average "Moderate Buy" rating despite recent downgrades. Insiders have also been active, purchasing 35,000 shares totaling $589,170 in the last 90 days.
Deutsche Bank AG Invests $13.53 Million in Hallador Energy Company $HNRG
Deutsche Bank AG has acquired a new position in Hallador Energy Company, purchasing 778,244 shares valued at approximately $13.53 million, representing about 1.65% of the company. Other institutional investors have also adjusted their holdings in Hallador Energy, which recently reported an EPS of ($0.32) for the quarter, missing analyst estimates. Insider activity shows directors acquiring shares, while several analysts have issued varied ratings for the stock.
JB Capital Partners LP Makes New $2.78 Billion Investment in Hallador Energy Company $HNRG
JB Capital Partners LP has made a new investment of $2.78 billion in Hallador Energy Company, acquiring 160,000 shares, representing 0.34% of the company. Institutional investors collectively own 61.38% of HNRG, and despite mixed analyst ratings, the consensus is a "Moderate Buy" with an average price target of $25.12. Hallador Energy reported a quarterly loss but exceeded revenue expectations, and insiders have recently increased their holdings in the company.
Hallador Energy Company (NASDAQ:HNRG) Receives Average Recommendation of "Moderate Buy" from Analysts
Hallador Energy Company (NASDAQ:HNRG) has received a consensus "Moderate Buy" rating from six analysts, with an average 12-month price target of $25.13 against a current share price of $15.38. Despite recent earnings missing expectations, the company's revenue exceeded forecasts, and there has been significant insider and institutional investor activity, with insiders purchasing 35,000 shares and institutional investors holding 61.38% of the company. Analyst recommendations are mixed, ranging from "strong sell" to "strong buy," reflecting varied opinions on the stock's future performance.
Hallador Locks In $2.4 Billion Of Segment Revenue Through 2040 As 460MW Turtle Creek Budget Falls Below $800 Million
Hallador Energy has secured approximately $2.4 billion in contracted segment-level revenue through 2040, providing significant forward revenue visibility. Concurrently, the company has reduced the estimated cost of its proposed 460MW Turtle Creek Gas project to below $800 million, enhancing its projected capital economics and accelerating its targeted commercial operation date to the second half of 2028. This comes despite a challenging Q2 for its existing Merom generation operation, making the project's financing structure a critical consideration to minimize equity dilution.
Hallador Locks In $2.4 Billion Of Segment Revenue Through 2040 As 460MW Turtle Creek Budget Falls Below $800 Million
Hallador Energy has secured approximately $2.4 billion in contracted segment-level revenue extending through 2040 and has reduced the projected cost of its 460MW Turtle Creek Gas project to below $800 million. This strengthens the company's financial outlook and the capital economics of its generation platform. The company is evaluating financing options for the Turtle Creek project, aiming to minimize equity dilution while advancing towards a final investment decision.
Hallador Energy (HNRG) Q2 2026 Earnings Call Transcript
Hallador Energy reported Q2 2026 results, highlighting a net loss due to planned outages at its Merom plant but emphasized significant progress on its Turtle Creek Gas project. The company announced a reduced budget and expedited timeline for the Turtle Creek plant, targeting commercial operations by mid-2028, and stressed its strategy of contracting accredited capacity long-term while keeping energy commitments shorter-dated to capitalize on future market repricing. Management expressed confidence in future growth due to increasing demand, especially from data centers, and an improved financial outlook post-Merom upgrades.
Hallador Energy (HNRG) Q2 2026 Earnings Call Transcript
Hallador Energy (HNRG) reported a Q2 2026 net loss of $15.2 million due to a planned outage at its Merom plant but emphasized significant progress on its Turtle Creek Gas project, a 460-megawatt plant with a reduced budget and expedited 2028 target for commercial operations. The company is actively securing long-term contracts, with $2.4 billion in total segment-level contracted revenue, and is pursuing non-dilutive financing for Turtle Creek while observing increasing demand for accredited capacity from data centers. Management expects improved Merom reliability and generation in Q3 and is exploring additional forward energy sales.
Hallador Energy (NASDAQ:HNRG) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Hallador Energy (NASDAQ:HNRG) from a "sell" to a "strong sell" rating, with Zacks Research also issuing a "strong sell." Despite these downgrades, the overall analyst consensus remains a "Moderate Buy" with a $25.12 target price. Hallador Energy reported a quarterly loss of $0.32 per share, missing estimates, but revenue exceeded expectations, and company insiders have recently purchased 35,000 shares.
Hallador Energy Amends Credit Agreement to Add $10 Million EBITDA Add-Back
Hallador Energy (HNRG) has amended its credit agreement to include a $10 million EBITDA add-back, specifically for certain power purchase agreement exclusivity payments expected in Q2 2026. This amendment, made with Texas Capital Bank and other lenders, aims to increase the company's flexibility under its financial covenants. The change was formalized on August 11, 2026, and officially filed via an 8-K on August 14, 2026.
Hallador Energy Amends Credit Agreement to Add $10 Million EBITDA Add-Back
Hallador Energy has amended its Credit Agreement to increase covenant flexibility by adding a $10 million EBITDA add-back. This amendment, agreed with Texas Capital Bank, allows for the inclusion of certain power purchase agreement exclusivity payments received in Q2 2026, capped at $10 million, providing additional headroom under financial covenants. The change became effective on August 11, 2026.
Hallador Energy Company (HNRG) revises EBITDA definition under amended credit facility
Hallador Energy Company (HNRG) has revised its Credit Agreement with Texas Capital Bank, amending the definition of EBITDA. This change allows HNRG to add back up to $10,000,000 in payments received from power purchase agreement exclusivity agreements during the fiscal quarter ended June 30, 2026. The modification is primarily for covenant calculation purposes within its existing credit facility.
Zacks Research Downgrades Hallador Energy (NASDAQ:HNRG) to Strong Sell
Zacks Research has downgraded Hallador Energy (NASDAQ:HNRG) from a "hold" to a "strong sell" rating. Despite this, the broader analyst consensus for HNRG remains a "Moderate Buy" with an average price target of $25.12. The company recently reported a quarterly loss of $0.32 per share, missing estimates, although revenue exceeded expectations.
Q3 EPS Estimate for Hallador Energy Decreased by Analyst
Northland Securities has significantly cut its Q3 2026 EPS forecast for Hallador Energy (NASDAQ: HNRG) to a loss of $0.02 per share, down from a previous estimate of $0.29. This revision follows the company's recent earnings report where it missed consensus EPS estimates, reporting a loss of $0.32 per share against an expected loss of $0.12, despite exceeding revenue expectations. The firm also adjusted its full-year EPS forecasts for 2026 and 2027, while analysts maintain a "Moderate Buy" consensus for the stock.
Analysts Offer Insights on Utilities Companies: Hallador Energy Company (HNRG) and Algonquin Power & Utilities (AQN)
Analysts have provided insights into Hallador Energy Company (HNRG) and Algonquin Power & Utilities (AQN). Hallador Energy received a reiterated Buy rating with a $28.00 price target from Alliance Global Partners, while Algonquin Power & Utilities maintained a Hold rating with a $6.00 price target from TD Cowen. Both companies have a Moderate Buy consensus among analysts, with Hallador showing a significant upside potential.
Hallador Energy Co (HNRG) investor Becker reports 3.0% stake in Schedule 13G/A
Mark D. Becker, a Hallador Energy Co (HNRG) shareholder, has filed an amended ownership report (Schedule 13G/A) indicating a beneficial ownership of 1,437,573 shares, which constitutes 3.0% of the company's common stock. These shares are held across two trusts, The MDB Irrevocable Trust and The Mark D. Becker Living Trust, with Becker retaining sole voting and dispositive power over them. The filing confirms his ownership is less than 5% of the class, based on 47,143,357 shares outstanding as of August 6, 2026.
Hallador Energy (HNRG) Stock Faces Margin Squeeze As Merom Costs Bite
Hallador Energy (HNRG) reported a Q2 net loss of US$15.2 million, primarily due to high maintenance and purchased power costs at its Merom plant, leading to negative adjusted EBITDA. While the company is making progress on its Turtle Creek gas peaker project and has significant contracted revenue, the short-term financial performance raises concerns about reliability and cash strain, causing a slight dip in stock price. Investors are evaluating whether these setbacks are temporary or indicate a more persistent problem.
Hallador Energy Q2 Earnings Call Highlights
Hallador Energy (HNRG) reported a net loss in Q2 2026 due to planned and unplanned outages at its Merom power plant, impacting profitability despite increased capacity revenue and energy sales volume. Management highlighted progress on the proposed Turtle Creek natural gas generation project, with a reduced cost estimate and targeting commercial operation in H2 2028. The company's forward contracted revenue position has significantly expanded, driven by long-term agreements and anticipated demand from data-center development.
Hallador Energy Q2 Earnings Call Highlights
Hallador Energy reported a Q2 net loss of $15.2 million, down from a net income of $8.2 million in the prior-year period, primarily due to a 60-day scheduled maintenance outage at its Merom power plant. Despite the setback, the company highlighted progress on its proposed Turtle Creek natural gas generation project, with estimated costs reduced, and an expanding long-term contracted sales position totaling approximately $1.8 billion. Management expects improved generation volumes in Q3 and is exploring financing options for Turtle Creek without equity dilution.
Hallador Energy Co (HNRG) (Q2 2026) Earnings Call Highlights: Strategic Gas Project Advances ...
Hallador Energy (HNRG) reported a net loss of $15.2 million and negative adjusted EBITDA in Q2 2026, a significant decline from the prior year. Despite the financial setbacks, the company is progressing with its Turtle Creek natural gas project, reducing cost estimates to under $800 million and securing substantial forward capacity agreements totaling $2.4 billion. Management is focused on financing options to minimize equity dilution and expects improved generation volumes in Q3 after maintenance.
Hallador Energy (Nasdaq: HNRG) posts loss as outages hit power unit, pursues $350M turbine deal
Hallador Energy (HNRG) reported a net loss of $24.6 million for the first half of 2026, a significant drop from a net income of $18.2 million in the prior year, primarily due to outages at its Merom power plant and lower Electric Operations revenue. Despite higher coal pricing and volume, the Electric Operations segment's EBITDA drastically fell, and operating cash flow turned negative. The company is pursuing a $350 million turbine acquisition to support future capacity expansion, extending Merom's useful life to 2040, and maintains long-term revenue visibility through $2.37 billion in contracted revenue.
Hallador Energy (NASDAQ:HNRG) Announces Quarterly Earnings Results, Misses Estimates By $0.20 EPS
Hallador Energy (NASDAQ:HNRG) reported a quarterly EPS loss of $0.32, missing analyst estimates by $0.20, despite revenue of $101.51 million which exceeded expectations. Following the announcement, shares rose 7.6% to $15.88. Analysts maintain a "Moderate Buy" rating with a $26.62 price target, and insider buying activity was noted.
Dimensional Fund Advisors LP Has $16.66 Million Stock Holdings in Hallador Energy Company $HNRG
Dimensional Fund Advisors LP significantly increased its stake in Hallador Energy Company (NASDAQ:HNRG) by 12% in the first quarter, now holding over 1 million shares valued at approximately $16.66 million. Despite Hallador Energy missing analysts' consensus estimates for both EPS and revenue in its latest earnings report, institutional investors and hedge funds own a substantial 61.38% of the stock. Analyst sentiment remains "Moderate Buy" with a target price of $26.62, and company insiders have also increased their holdings.
Hallador Energy (HNRG.US) will release its earnings report after market close on August 10.
Hallador Energy (HNRG.US) is scheduled to release its earnings report after the market closes on August 10. This announcement provides investors with key information regarding the timing of the company's financial disclosure.
Arrowstreet Capital Limited Partnership Makes New $2.35 Million Investment in Hallador Energy Company $HNRG
Arrowstreet Capital Limited Partnership has made a new investment of $2.35 million in Hallador Energy Company, acquiring 144,438 shares. This makes Arrowstreet Capital an approximately 0.31% owner of HNRG, while institutional investors collectively own 61.38% of the company. Despite Hallador Energy missing its recent quarterly earnings estimates, analysts maintain a "Moderate Buy" consensus with an average price target of $26.62, and company insiders have also been purchasing shares.
Hallador Energy (HNRG.US) will release its earnings report after market close on August 10.
Hallador Energy (HNRG.US) is scheduled to release its earnings report after the market closes on August 10. Investors will be anticipating the financial results and any forward-looking statements from the company at that time.
(HNRG) Price Dynamics and Execution-Aware Positioning
This article analyzes Hallador Energy Company (NASDAQ: HNRG) using AI models, revealing weak sentiment across all horizons which supports a short bias. It details three trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also provides a multi-timeframe signal breakdown and emphasizes an exceptional 66.0:1 risk-reward setup.
Bank of New York Mellon Corp Buys 79,229 Shares of Hallador Energy Company $HNRG
Bank of New York Mellon Corp increased its stake in Hallador Energy Company (NASDAQ:HNRG) by 24.8% in Q1, acquiring an additional 79,229 shares, bringing its total to 398,633 shares valued at approximately $6.49 million. Institutional investors now own 61.38% of HNRG, which has a "Moderate Buy" consensus rating from analysts with an average price target of $26.62. Despite Hallador Energy missing Q1 earnings estimates, company insiders have recently purchased shares, with directors acquiring 25,000 shares and insiders buying 35,000 shares worth $589,170 over the last 90 days.
Hallador Energy (HNRG) Expected to Post Earnings on Monday
Hallador Energy (HNRG) is anticipated to release its Q2 2026 earnings after market close on Monday, August 10th. Analysts project a loss of $0.12 per share on revenue of approximately $90.3 million. The company's previous quarter missed expectations, reporting a loss of $0.20 per share against an estimated $0.16 loss.
Analysts Are Bullish on Top Utilities Stocks: Vistra Corp (VST), Hallador Energy Company (HNRG)
Analysts are showing bullish sentiment towards Vistra Corp (VST) and Hallador Energy Company (HNRG) in the Utilities sector. UBS assigned a Buy rating to Vistra Corp with a $227 price target, while Northland Securities maintained a Buy rating on Hallador Energy with a $34 price target. Both companies are seen as having significant upside potential according to analyst consensus.
