Hallador Energy (HNRG) Stock Dips Amid Earnings Report

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4 days ago
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Hallador Energy (HNRG, Financial) experienced a significant stock price drop of 5.10%, bringing the share price to $10.05. The trading volume reached 293,186 shares with a turnover rate of 0.69% and a price fluctuation of 5.74%.

The latest financial report reveals an operating income of $89.65 million but a net loss of $10.20 million, resulting in an earnings per share (EPS) of -$0.27. The gross profit stood at -$750,000, and the price-to-earnings (P/E) ratio was -67.60. Despite the negative earnings, 100% of the analysts covering the stock maintain a buy recommendation.

The broader coal power industry saw an overall increase of 1.37%. Notable stocks in the sector include Consol Energy Inc. and Alliance Resource Partners, L.P., with Hallador Energy showing strong activity with a turnover rate of 0.69%. Hallador Energy and Consol Energy Inc. also experienced notable price fluctuations at 6.02% and 4.50%, respectively.

Hallador Energy is a U.S.-based coal mining company operating in Indiana, primarily involved in coal and power generation, with the majority of its revenue stemming from its coal business segment.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.