📊 HNRG Key Takeaways
Is Hallador Energy Co (HNRG) a Good Investment?
Strong revenue growth of 16.2% YoY and exceptional profitability returns (ROE 26.2%, ROA 10.3%) are undermined by net income stagnation at 0% growth and deteriorating liquidity with current ratio of 0.81x. The company's capital-intensive model consumes 85% of operating cash flow, leaving limited financial flexibility.
Revenue growth and solid operating profitability with strong ROE and low leverage point to a fundamentally resilient operator. However, tight liquidity and capex-heavy spending are suppressing free cash flow, while net income is flat, limiting near‑term earnings momentum. Improvement in FCF conversion and working capital would be needed to get more constructive.
Why Buy Hallador Energy Co Stock? HNRG Key Strengths
- Solid revenue growth of 16.2% YoY demonstrates demand resilience
- Exceptional return metrics with ROE 26.2% and ROA 10.3% indicate highly efficient capital utilization
- Conservative debt structure with debt-to-equity of only 0.19x provides significant balance sheet flexibility
- Strong operating cash flow generation of $81.1M supports operational continuity
- EPS growth of 116.8% reflects disciplined capital allocation and shareholder-friendly management
- Mid‑teens revenue growth with 13% operating margin
- High ROE (26.2%) with low debt (0.19x D/E)
- Consistently positive operating cash flow
HNRG Stock Risks: Hallador Energy Co Investment Risks
- Net income growth of 0% despite 16.2% revenue growth signals margin compression and rising cost pressures
- Current ratio of 0.81x indicates liquidity stress with current liabilities exceeding current assets
- Free cash flow of only $11.9M (2.5% FCF margin) provides minimal buffer after capital expenditures
- Minimal cash position of $10.1M relative to $408.1M asset base limits financial resilience
- Interest coverage of 3.6x offers limited cushion if operations deteriorate or rates rise
- Flat net income growth despite revenue expansion suggests unfavorable cost dynamics or operational headwinds
- Sub‑1x current/quick ratios and low cash balance
- Capex intensity driving weak FCF margin (2.5%)
- Moderate interest coverage (3.6x) leaves limited cushion if earnings soften
Key Metrics to Watch
- Net profit margin trend and operating expense ratio movements
- Working capital management and quarterly liquidity metrics
- Free cash flow generation relative to capital expenditure requirements
- Operating cash flow sustainability and cost inflation pressures
- Interest coverage ratio and debt refinancing conditions
- Free cash flow margin
- Current ratio
Hallador Energy Co (HNRG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.5% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
HNRG Profit Margin, ROE & Profitability Analysis
HNRG vs Utilities Sector: How Hallador Energy Co Compares
How Hallador Energy Co compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Hallador Energy Co Stock Overvalued? HNRG Valuation Analysis 2026
Based on fundamental analysis, Hallador Energy Co appears fundamentally strong relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Hallador Energy Co Balance Sheet: HNRG Debt, Cash & Liquidity
HNRG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Hallador Energy Co's revenue has declined by 25% over the 5-year period, indicating business contraction. The most recent EPS of $-5.72 indicates the company is currently unprofitable.
HNRG Revenue Growth, EPS Growth & YoY Performance
HNRG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $105.2M | $1.6M | $0.04 |
| Q2 2025 | $93.8M | $8.2M | $0.19 |
| Q1 2025 | $111.6M | -$1.7M | $-0.05 |
| Q3 2024 | $105.0M | $1.6M | $0.04 |
| Q2 2024 | $90.9M | -$10.2M | $-0.27 |
| Q1 2024 | $109.7M | -$1.7M | $-0.05 |
| Q3 2023 | $85.1M | $1.6M | $0.05 |
| Q2 2023 | $65.9M | -$3.4M | $-0.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Hallador Energy Co Dividends, Buybacks & Capital Allocation
HNRG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Hallador Energy Co (CIK: 0000788965)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HNRG
What is the AI rating for HNRG?
Hallador Energy Co (HNRG) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 67% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are HNRG's key strengths?
Claude: Solid revenue growth of 16.2% YoY demonstrates demand resilience. Exceptional return metrics with ROE 26.2% and ROA 10.3% indicate highly efficient capital utilization. ChatGPT: Mid‑teens revenue growth with 13% operating margin. High ROE (26.2%) with low debt (0.19x D/E).
What are the risks of investing in HNRG?
Claude: Net income growth of 0% despite 16.2% revenue growth signals margin compression and rising cost pressures. Current ratio of 0.81x indicates liquidity stress with current liabilities exceeding current assets. ChatGPT: Sub‑1x current/quick ratios and low cash balance. Capex intensity driving weak FCF margin (2.5%).
What is HNRG's revenue and growth?
Hallador Energy Co reported revenue of $469.5M.
Does HNRG pay dividends?
Hallador Energy Co does not currently pay dividends.
Where can I find HNRG SEC filings?
Official SEC filings for Hallador Energy Co (CIK: 0000788965) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HNRG's EPS?
Hallador Energy Co has a diluted EPS of $0.96.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HNRG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Hallador Energy Co has a HOLD rating with 67% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is HNRG stock overvalued or undervalued?
Valuation metrics for HNRG: ROE of 26.2% (sector avg: 10%), net margin of 8.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy HNRG stock in 2026?
Our dual AI analysis gives Hallador Energy Co a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is HNRG's free cash flow?
Hallador Energy Co's operating cash flow is $81.1M, with capital expenditures of $69.2M. FCF margin is 2.5%.
How does HNRG compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 8.9% (avg: 12%), ROE 26.2% (avg: 10%), current ratio 0.81 (avg: 0.8).
Why is HNRG's return on equity (ROE) so high?
Hallador Energy Co has a return on equity of 26.2%, significantly above the Utilities sector average of 10%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 8.9% net margin.