Hallador Energy
Market Cap
US$28.0m
Last Updated
2020/03/28 00:17 UTC
Data Sources
Company Financials +
Executive Summary
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States.
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Hallador Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HNRG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.1%
HNRG
12.3%
US Oil and Gas
10.5%
US Market
1 Year Return
-82.5%
HNRG
-56.4%
US Oil and Gas
-11.5%
US Market
Return vs Industry: HNRG underperformed the US Oil and Gas industry which returned -56.4% over the past year.
Return vs Market: HNRG underperformed the US Market which returned -11.5% over the past year.
Shareholder returns
| HNRG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 12.3% | 10.5% |
| 30 Day | -31.9% | -35.6% | -15.4% |
| 90 Day | -68.4% | -51.6% | -21.4% |
| 1 Year | -81.6%-82.5% | -54.6%-56.4% | -9.6%-11.5% |
| 3 Year | -87.3%-88.5% | -52.0%-56.6% | 12.6%5.4% |
| 5 Year | -91.1%-92.3% | -54.7%-61.6% | 32.8%18.1% |
Price Volatility Vs. Market
How volatile is Hallador Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
US$5.00: That's What Analysts Think Hallador Energy Company Is Worth After Its Latest Results1 month ago | Simply Wall St
If You Had Bought Hallador Energy (NASDAQ:HNRG) Stock Five Years Ago, You'd Be Sitting On A 89% Loss, Today2 months ago | Simply Wall St
Do These 3 Checks Before Buying Hallador Energy Company (NASDAQ:HNRG) For Its Upcoming DividendValuation
Is Hallador Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HNRG ($0.92) is trading below our estimate of fair value ($8.35)
Significantly Below Fair Value: HNRG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HNRG is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: HNRG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HNRG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HNRG is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.5x).
Next Steps
Future Growth
How is Hallador Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-6.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if HNRG's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if HNRG's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HNRG's revenue is expected to decline over the next 3 years (-6.8% per year).
High Growth Revenue: HNRG's revenue is forecast to decline over the next 3 years (-6.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HNRG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Hallador Energy performed over the past 5 years?
-25.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HNRG is currently unprofitable.
Growing Profit Margin: HNRG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HNRG is unprofitable, and losses have increased over the past 5 years at a rate of -25.7% per year.
Accelerating Growth: Unable to compare HNRG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HNRG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.4%).
Return on Equity
High ROE: HNRG has a negative Return on Equity (-30.61%), as it is currently unprofitable.
Next Steps
Financial Health
How is Hallador Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HNRG's short term assets ($82.4M) exceed its short term liabilities ($64.8M).
Long Term Liabilities: HNRG's short term assets ($82.4M) do not cover its long term liabilities ($165.3M).
Debt to Equity History and Analysis
Debt Level: HNRG's debt to equity ratio (88.8%) is considered high.
Reducing Debt: HNRG's debt to equity ratio has reduced from 161.2% to 88.8% over the past 5 years.
Balance Sheet
Inventory Level: HNRG has a high level of physical assets or inventory.
Debt Coverage by Assets: HNRG's debt is not covered by short term assets (assets are 0.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HNRG has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: HNRG has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Hallador Energy's current dividend yield, its reliability and sustainability?
17.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HNRG's dividend (17.39%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: HNRG's dividend (17.39%) is in the top 25% of dividend payers in the US market (5.45%)
Stability and Growth of Payments
Stable Dividend: HNRG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HNRG's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: HNRG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Brent Bilsland (45yo)
6.17s
Tenure
US$545,830
Compensation
Mr. Brent K. Bilsland has been the Chief Executive Officer of Hallador Energy Company since January 24, 2014 and its President since September 2009. Mr. Bilsland was the President of Sunrise Coal, LLC, a s ...
CEO Compensation Analysis
Compensation vs Market: Brent's total compensation ($USD545.83K) is about average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Brent's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.17yrs | US$545.83k | 4.05% $1.1m | |
| Executive VP & CFO | 3.92yrs | US$301.77k | 1.01% $282.8k | |
| Senior VP & Chief Accounting Officer | 1yr | no data | 0.0037% $1.0k | |
| Director - Investor Relations | no data | no data | no data | |
| Consultant | 3.92yrs | US$406.16k | no data |
3.9yrs
Average Tenure
50yo
Average Age
Experienced Management: HNRG's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.17yrs | US$545.83k | 4.05% $1.1m | |
| Independent Director | 1.58yrs | no data | no data | |
| Independent Director | 30.67yrs | US$20.00k | 0.56% $155.9k | |
| Independent Director | 24.33yrs | no data | 1.64% $459.8k | |
| Independent Director | 26.17yrs | no data | 0.57% $160.1k | |
| Director | 1.58yrs | US$50.00k | 0.047% $13.2k |
13.2yrs
Average Tenure
64.5yo
Average Age
Experienced Board: HNRG's board of directors are seasoned and experienced ( 13.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hallador Energy Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hallador Energy Company
- Ticker: HNRG
- Exchange: NasdaqCM
- Founded: 1949
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: US$27.986m
- Shares outstanding: 30.42m
- Website: https://www.halladorenergy.com
Number of Employees
Location
- Hallador Energy Company
- 1183 East Canvasback Drive
- Terre Haute
- Indiana
- 47802
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HNRG | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Dec 1989 |
| H7H | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1989 |
Biography
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana. It is also involved in gas exploration activities in Indiana. The company was founded in 1949 and is headquartered in Terre Haute, Indiana.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 00:17 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.