HALLADOR ENERGY CO

For the period ended Jun 30, 2026. Filed Aug 10, 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.

Jun 30, 2026 · Filed Aug 10, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share data)


· · Three Months Ended June 30, · · Six Months Ended June 30,
· · 2026 · · 2025 · · 2026 · · 2025
SALES AND OPERATING REVENUES: · · · · · · · ·
Electric sales	$59,509	$59,976	$127,286	$145,919
Coal sales	40,601	38,147	75,681	68,332
Other revenues	1,395	4,702	3,026	6,298
Total sales and operating revenues	101,505	102,825	205,993	220,549
EXPENSES:
Fuel	15,451	15,063	30,414	30,273
Other operating and maintenance costs	39,132	28,955	68,288	57,344
Cost of purchased power	8,633	2,172	23,496	9,012
Utilities	3,960	4,507	9,974	8,659
Labor	28,812	26,799	56,200	53,828
Depreciation, depletion and amortization	9,905	5,542	20,511	20,519
Asset retirement obligations accretion	416	437	824	864
Exploration costs	287	98	371	119
General and administrative	7,552	7,501	14,410	14,326
(Gain) loss on disposal or abandonment of assets, net	15	(55)	(186)	(76)
Total operating expenses	114,163	91,019	224,302	194,868

INCOME (LOSS) FROM OPERATIONS	(12,658)	11,806	(18,309)	25,681

Interest income	279	64	426	127
Interest expense (1)	(3,776)	(3,819)	(7,746)	(7,542)
Loss on extinguishment of debt	—	—	(230)	—
Equity method investment (loss)	(244)	197	(365)	(39)
NET INCOME (LOSS) BEFORE INCOME TAXES	(16,399)	8,248	(26,224)	18,227

INCOME TAX EXPENSE (BENEFIT):
Current	—	—	—	—
Deferred	(1,164)	—	(1,668)	—
Total income tax expense (benefit)	(1,164)	—	(1,668)	—

NET INCOME (LOSS)	$(15,235)	$8,248	$(24,556)	$18,227

NET INCOME (LOSS) PER SHARE:
Basic	$(0.32)	$0.19	$(0.52)	$0.43
Diluted	$(0.32)	$0.19	$(0.52)	$0.42

WEIGHTED AVERAGE SHARES OUTSTANDING
Basic	47,133	42,619	46,831	42,798
Diluted	47,133	43,048	46,831	43,434

(1) Interest Expense:
Interest on bank debt	$978	$1,404	$1,840	$2,898
Other interest	2,270	1,891	5,104	3,623
Amortization of debt issuance costs	528	524	802	1,021
Total interest expense	$3,776	$3,819	$7,746	$7,542

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.