Hallador Energy Company (HNRG) Posts Earnings Results, Misses Expectations By $0.13 EPS
Hallador Energy Company (NASDAQ:HNRG) announced its quarterly earnings data on Tuesday. The energy company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.13, MarketWatch Earnings reports. Hallador Energy had a return on equity of 13.69% and a net margin of 5.06%.
Hallador Energy (NASDAQ HNRG) traded down 0.15% during midday trading on Tuesday, reaching $6.61. 45,269 shares of the company were exchanged. The firm has a market capitalization of $194.98 million, a PE ratio of 14.46 and a beta of -0.61. The company has a 50-day moving average of $7.51 and a 200 day moving average of $7.98. Hallador Energy has a 52 week low of $5.19 and a 52 week high of $10.40.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Stockholders of record on Monday, July 31st will be issued a $0.04 dividend. The ex-dividend date is Thursday, July 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.42%. Hallador Energy’s payout ratio is 35.56%.
Separately, Zacks Investment Research lowered shares of Hallador Energy from a “buy” rating to a “sell” rating in a report on Wednesday, July 12th.
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Hallador Energy Company Profile
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
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