HNRG
Hallador Energy Company
HNRG lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
HNRG Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Weak | |
| Weak |
HNRG's profitability is currently stable, but its revenue, cash flow and balance sheet are under pressure.
HNRG PE Valuation
HNRG has no meaningful PE right now: it lost money over the past year.
HNRG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect HNRG's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
HNRG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.63 | +$3.84 |
| Q2 2026 | $0.02 | +$5.00 |
| Q1 2026 | $0.53 | +$5.97 |
| Q4 2025 | $0.96 | +$6.68 |
| Q3 2025 | -$4.47 | -$3.92 |
| Q2 2025 | -$4.98 | -$4.83 |
| Q1 2025 | -$5.44 | -1022% |
| Q4 2024 | -$5.72 | -558% |
HNRG lost $0.63 per share over the past year, a smaller loss than the year before, but its loss has widened in each of the last three quarters.
HNRG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $130.3M | -11% |
| Q2 2026 | $101.5M | -1.3% |
| Q1 2026 | $101.8M | -14% |
| Q4 2025 | $101.9M | +8.2% |
| Q3 2025 | $146.8M | +40% |
| Q2 2025 | $102.9M | +13% |
| Q1 2025 | $117.8M | +7.4% |
| Q4 2024 | $94.2M | -21% |
HNRG's revenue has slid since its 2023 peak: $130M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6% | -14 points |
| Q2 2026 | -12% | -24 points |
| Q1 2026 | -5.5% | -17 points |
| Q4 2025 | 6.1% | +238 points |
| Q3 2025 | 20% | +15 points |
| Q2 2025 | 12% | +20 points |
| Q1 2025 | 12% | +9.3 points |
| Q4 2024 | -232% | -223 points |
HNRG's operating margin was 6% last quarter, down 14 points from the same quarter a year ago.
HNRG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$78.9M | -2258% |
| Q2 2026 | -$50.2M | -$48.5M |
| Q1 2026 | $12.8M | -52% |
| Q4 2025 | -$16.8M | -167% |
| Q3 2025 | $3.7M | +$28.1M |
| Q2 2025 | -$1.7M | -116% |
| Q1 2025 | $26.7M | +1688% |
| Q4 2024 | $25.2M | +$71.9M |
HNRG's free cash flow was −$133M over the past year, against $54M the year before.
HNRG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +12K shares |
| 1 year | +8.5% | +3.7M shares |
| 3 years | +28% | +10.3M shares |
| 5 years | +54% | +16.5M shares |
| Available history | +56% | +16.9M shares |
HNRG has 47M diluted shares, up 8.5% from a year ago.
HNRG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 11.9x | High |
| Q2 2026 | 0.2x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2024 | 1.3x | Healthy |
| Q2 2024 | 0.5x | Very low |
| Q1 2024 | 0.7x | Very low |
| Q4 2023 | 0.6x | Very low |
| Q3 2023 | 0.3x | Very low |
HNRG's net debt is about 12 years of its operating earnings (EBITDA), up from less than a year a year ago.
HNRG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.0 | Neutral |
| Stochastic | 15.5 | Oversold |
HNRG's weekly RSI is 35 (neutral) and its Stochastic is 15 (oversold).
HNRG PE vs Energy Sector
| Metric | HNRG | Sector median | Relative |
|---|---|---|---|
| PE | 505x | 13x | 3,749% above |
| PE % | 90 | 61 | 29 pts above |
HNRG has no meaningful PE right now: it lost money over the past year.
HNRG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.1 | 11% below |
| 20 week MA | $14.2 | 24% below |
| 50 week MA | $16.7 | 35% below |
| 100 week MA | $16.1 | 33% below |
| 200 week MA | $12.6 | 14% below |
HNRG is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
HNRG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.91 | $1.03 | -65% |
| 2021 | $1.03 | $2.42 | +135% |
| 2022 | $2.42 | $11.3 | +367% |
| 2023 | $11.3 | $8.84 | -22% |
| 2024 | $8.84 | $11.1 | +26% |
| 2025 | $11.1 | $19.3 | +73% |
| 2026 YTD | $19.3 | $10.9 | -44% |
HNRG's yearly returns have swung widely, from +367% in 2022 to −65% in 2020. It's down 44% so far in 2026.