HALLADOR ENERGY CO

For the period ended Mar 31, 2026. Filed May 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 6, 2026

HNRG$10.16-4.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share data)


· · Three Months Ended March 31, ·
· · 2026 · · 2025
SALES AND OPERATING REVENUES: · · · ·
Electric sales	$65,096	$85,943
Coal sales	35,080	30,185
Other revenues	1,631	1,596
Total sales and operating revenues	101,807	117,724
EXPENSES:
Fuel	14,963	15,210
Other operating and maintenance costs	29,156	28,389
Cost of purchased power	14,863	6,840
Utilities	3,333	4,152
Labor	27,388	27,029
Depreciation, depletion and amortization	10,606	14,977
Asset retirement obligations accretion	408	427
Exploration costs	84	21
General and administrative	6,858	6,825
Gain on disposal or abandonment of assets, net	(201)	(21)
Total operating expenses	107,458	103,849

INCOME (LOSS) FROM OPERATIONS	(5,651)	13,875

Interest income	147	63
Interest expense (1)	(3,970)	(3,723)
Loss on extinguishment of debt	(230)	—
Equity method investment (loss)	(121)	(236)
NET INCOME (LOSS) BEFORE INCOME TAXES	(9,825)	9,979

INCOME TAX EXPENSE (BENEFIT):
Current	—	—
Deferred	(504)	—
Total income tax expense (benefit)	(504)	—

NET INCOME (LOSS)	$(9,321)	$9,979

NET INCOME (LOSS) PER SHARE:
Basic	$(0.20)	$0.23
Diluted	$(0.20)	$0.23

WEIGHTED AVERAGE SHARES OUTSTANDING
Basic	46,519	42,619
Diluted	46,519	43,462

(1) Interest Expense:
Interest on bank debt	$862	$1,494
Other interest	2,834	1,732
Amortization of debt issuance costs	274	497
Total interest expense	$3,970	$3,723

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.