Hallador Energy Company (HNRG) Scheduled to Post Earnings on Monday
Hallador Energy Company (NASDAQ:HNRG) will post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect Hallador Energy to post earnings of $0.12 per share for the quarter.
Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Tuesday, August 8th. The energy company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.13). The company had revenue of $64.31 million for the quarter, compared to analyst estimates of $64.20 million. Hallador Energy had a return on equity of 11.19% and a net margin of 3.13%. On average, analysts expect Hallador Energy to post $0.48 EPS for the current fiscal year and $0.16 EPS for the next fiscal year.
Shares of Hallador Energy Company (NASDAQ HNRG) traded down 4.66% during mid-day trading on Monday, hitting $5.11. The stock had a trading volume of 24,353 shares. Hallador Energy Company has a one year low of $5.02 and a one year high of $10.40. The firm has a 50 day moving average of $5.54 and a 200 day moving average of $6.72. The stock has a market cap of $152.09 million, a price-to-earnings ratio of 18.72 and a beta of -0.63.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Tuesday, October 31st will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 2.96%. The ex-dividend date is Monday, October 30th. Hallador Energy’s payout ratio is currently 59.26%.
A hedge fund recently bought a new stake in Hallador Energy stock. State Street Corp acquired a new position in Hallador Energy Company (NASDAQ:HNRG) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 184,020 shares of the energy company’s stock, valued at approximately $1,430,000. State Street Corp owned about 0.62% of Hallador Energy at the end of the most recent reporting period. Institutional investors own 57.47% of the company’s stock.
Several research analysts have recently commented on HNRG shares. Zacks Investment Research downgraded Hallador Energy from a “hold” rating to a “sell” rating in a report on Friday, September 22nd. ValuEngine downgraded Hallador Energy from a “strong-buy” rating to a “buy” rating in a report on Monday, August 14th.
About Hallador Energy
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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