Hallador Energy
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 last earnings update was 16 days ago. More info.
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HNRG Share Price and Events
7 Day Returns
1 Year Returns
HNRG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hallador Energy (HNRG) | 7.8% | 16.9% | 2% | -18.4% | 36.1% | -35.7% |
| US Oil and Gas | 0.9% | -4.9% | -3.1% | -17.5% | -0.8% | -32.9% |
| US Market | 1.6% | -1.7% | 2.1% | 2.6% | 38.5% | 41.4% |
1 Year Return vs Industry and Market
- HNRG underperformed the Market in United States of America which returned 2.6% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Hallador Energy
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hallador Energy.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.9% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.9 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.9 (1 + (1- 21%) (91.95%)) |
1.371 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.37 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.371 * 5.96%) |
10.9% |
Discounted Cash Flow Calculation for NasdaqCM:HNRG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Hallador Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 10.9%) |
|
|---|---|---|---|
| 2019 | 44.00 | Analyst x1 | 39.68 |
| 2020 | 38.00 | Analyst x1 | 30.90 |
| 2021 | 34.43 | Est @ -9.4% | 25.24 |
| 2022 | 32.44 | Est @ -5.76% | 21.45 |
| 2023 | 31.40 | Est @ -3.22% | 18.72 |
| 2024 | 30.95 | Est @ -1.43% | 16.64 |
| 2025 | 30.89 | Est @ -0.18% | 14.98 |
| 2026 | 31.11 | Est @ 0.69% | 13.60 |
| 2027 | 31.51 | Est @ 1.3% | 12.42 |
| 2028 | 32.06 | Est @ 1.73% | 11.39 |
| Present value of next 10 years cash flows | $205.01 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $32.06 × (1 + 2.73%) ÷ (10.9% – 2.73%) |
$403.17 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $403.17 ÷ (1 + 10.9%)10 |
$143.30 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $205.01 + $143.30 |
$348.31 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $348.31 / 30.24 |
$11.52 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $11.52 |
| Current discount | Discount to share price of
$5.81
= -1 x ($5.81 - $11.52) / $11.52 |
49.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Hallador Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Hallador Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Hallador Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Hallador Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $0.40 |
| NasdaqCM:HNRG Share Price ** | NasdaqCM (2019-05-21) in USD | $5.81 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 101 Publicly-Listed Oil and Gas Companies | 13.25x |
| United States of America Market PE Ratio | Median Figure of 3,087 Publicly-Listed Companies | 17.74x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hallador Energy.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqCM:HNRG Share Price ÷ EPS (both in USD) = 5.81 ÷ 0.40 |
14.39x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hallador Energy is overvalued based on earnings compared to the US Oil and Gas industry average.
- Hallador Energy is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Hallador Energy's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 14.39x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
17.7%per year |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 76 Publicly-Listed Oil and Gas Companies | 0.52x |
| United States of America Market PEG Ratio | Median Figure of 2,123 Publicly-Listed Companies | 1.53x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Hallador Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Hallador Energy's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $8.63 |
| NasdaqCM:HNRG Share Price * | NasdaqCM (2019-05-21) in USD | $5.81 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 196 Publicly-Listed Oil and Gas Companies | 1.09x |
| United States of America Market PB Ratio | Median Figure of 5,202 Publicly-Listed Companies | 1.84x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqCM:HNRG Share Price ÷ Book Value per Share (both in USD) = 5.81 ÷ 8.63 |
0.67x |
* Primary Listing of Hallador Energy.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hallador Energy is good value based on assets compared to the US Oil and Gas industry average.
Value checks
We assess Hallador Energy's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Hallador Energy has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
- No analysts cover Hallador Energy, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Hallador Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Hallador Energy's earnings growth is expected to exceed the United States of America market average.
- Hallador Energy's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqCM:HNRG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 17.7% |
| NasdaqCM:HNRG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 1.8% |
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 13% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 4.5% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.8% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 335 | 1 | ||
| 2020-12-31 | 327 | 1 | ||
| 2019-12-31 | 333 | 1 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 313 | 59 | 12 |
| 2018-12-31 | 293 | 52 | 7 |
| 2018-09-30 | 273 | 48 | 26 |
| 2018-06-30 | 268 | 58 | 27 |
| 2018-03-31 | 274 | 64 | 27 |
| 2017-12-31 | 270 | 66 | 32 |
| 2017-09-30 | 269 | 65 | 8 |
| 2017-06-30 | 261 | 54 | 8 |
| 2017-03-31 | 266 | 57 | 13 |
| 2016-12-31 | 279 | 61 | 12 |
| 2016-09-30 | 275 | 62 | 17 |
| 2016-06-30 | 291 | 67 | 17 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Hallador Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | ||||
| 2020-12-31 | ||||
| 2019-12-31 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.40 |
| 2018-12-31 | 0.25 |
| 2018-09-30 | 0.86 |
| 2018-06-30 | 0.89 |
| 2018-03-31 | 0.90 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 0.26 |
| 2017-06-30 | 0.27 |
| 2017-03-31 | 0.46 |
| 2016-12-31 | 0.42 |
| 2016-09-30 | 0.57 |
| 2016-06-30 | 0.60 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Hallador Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Hallador Energy's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hallador Energy has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Hallador Energy performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Hallador Energy's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
- Hallador Energy's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Hallador Energy's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
All data from Hallador Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 312.98 | 12.17 | 10.68 | |
| 2018-12-31 | 293.27 | 7.44 | 11.53 | |
| 2018-09-30 | 273.22 | 25.68 | 12.87 | |
| 2018-06-30 | 268.06 | 26.61 | 13.08 | |
| 2018-03-31 | 273.59 | 26.90 | 17.14 | |
| 2017-12-31 | 269.54 | 32.05 | 15.83 | |
| 2017-09-30 | 269.44 | 7.57 | 15.61 | |
| 2017-06-30 | 261.39 | 8.00 | 15.54 | |
| 2017-03-31 | 265.58 | 13.40 | 11.81 | |
| 2016-12-31 | 278.92 | 12.21 | 12.19 | |
| 2016-09-30 | 275.14 | 16.60 | 12.89 | |
| 2016-06-30 | 291.38 | 17.38 | 13.34 | |
| 2016-03-31 | 320.19 | 18.39 | 13.79 | |
| 2015-12-31 | 339.49 | 19.68 | 14.66 | |
| 2015-09-30 | 376.38 | 28.03 | 15.28 | |
| 2015-06-30 | 359.29 | 17.51 | 15.13 | |
| 2015-03-31 | 300.18 | 13.77 | 14.82 | |
| 2014-12-31 | 235.65 | 9.84 | 13.40 | |
| 2014-09-30 | 169.38 | 4.76 | 11.85 | |
| 2014-06-30 | 139.82 | 15.12 | 11.29 | |
| 2014-03-31 | 138.34 | 20.35 | 10.15 | |
| 2013-12-31 | 139.44 | 22.42 | 10.03 | |
| 2013-09-30 | 137.98 | 23.47 | 9.79 | |
| 2013-06-30 | 138.82 | 24.83 | 9.84 | |
| 2013-03-31 | 136.46 | 23.12 | 10.23 | |
| 2012-12-31 | 131.67 | 23.81 | 9.99 | |
| 2012-09-30 | 136.11 | 27.32 | 9.90 | |
| 2012-06-30 | 133.90 | 33.69 | 8.62 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Hallador Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Hallador Energy used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- Hallador Energy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Hallador Energy's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hallador Energy has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Hallador Energy's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Hallador Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
- Hallador Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Hallador Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Hallador Energy Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 265.13 | 161.58 | 11.23 |
| 2018-12-31 | 258.87 | 181.05 | 17.83 |
| 2018-09-30 | 257.39 | 192.02 | 19.28 |
| 2018-06-30 | 255.32 | 192.11 | 12.71 |
| 2018-03-31 | 256.19 | 188.15 | 17.74 |
| 2017-12-31 | 249.32 | 198.94 | 15.89 |
| 2017-09-30 | 228.98 | 207.24 | 14.07 |
| 2017-06-30 | 225.41 | 221.53 | 15.37 |
| 2017-03-31 | 223.93 | 227.64 | 20.92 |
| 2016-12-31 | 216.89 | 233.74 | 18.87 |
| 2016-09-30 | 222.22 | 232.65 | 14.52 |
| 2016-06-30 | 218.33 | 243.75 | 17.87 |
| 2016-03-31 | 212.45 | 249.86 | 15.23 |
| 2015-12-31 | 206.82 | 244.36 | 17.27 |
| 2015-09-30 | 207.35 | 268.53 | 20.93 |
| 2015-06-30 | 202.77 | 279.67 | 18.13 |
| 2015-03-31 | 197.01 | 294.25 | 13.47 |
| 2014-12-31 | 189.88 | 306.35 | 15.13 |
| 2014-09-30 | 182.89 | 345.63 | 23.74 |
| 2014-06-30 | 188.99 | 16.00 | 22.78 |
| 2014-03-31 | 186.17 | 16.00 | 19.90 |
| 2013-12-31 | 182.12 | 16.00 | 16.23 |
| 2013-09-30 | 179.70 | 11.40 | 13.71 |
| 2013-06-30 | 175.32 | 11.40 | 14.84 |
| 2013-03-31 | 168.25 | 11.40 | 18.40 |
| 2012-12-31 | 162.01 | 11.40 | 21.89 |
| 2012-09-30 | 163.30 | 10.00 | 30.21 |
| 2012-06-30 | 170.69 | 12.50 | 36.26 |
- Hallador Energy's level of debt (60.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (8.6% vs 60.9% today).
- Debt is well covered by operating cash flow (36.7%, greater than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
Financial health checks
We assess Hallador Energy's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hallador Energy has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Hallador Energy's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Hallador Energy
shares you are expected to receive
$55
in your first year as a dividend.
Dividend Amount
- Hallador Energy's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
- Hallador Energy's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 66 Stocks | 3.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2003 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | ||
| 2020-12-31 | ||
| 2019-12-31 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-15 | 0.160 | 3.037 |
| 2019-01-17 | 0.160 | 2.979 |
| 2018-10-16 | 0.160 | 2.842 |
| 2018-07-16 | 0.160 | 2.562 |
| 2018-04-17 | 0.160 | 2.270 |
| 2018-01-16 | 0.160 | 2.408 |
| 2017-10-17 | 0.160 | 2.763 |
| 2017-07-17 | 0.160 | 2.667 |
| 2017-04-17 | 0.160 | 2.138 |
| 2017-01-17 | 0.160 | 1.868 |
| 2016-10-17 | 0.160 | 1.770 |
| 2016-07-19 | 0.160 | 2.528 |
| 2016-04-19 | 0.160 | 3.558 |
| 2016-01-19 | 0.160 | 3.323 |
| 2015-10-16 | 0.160 | 2.832 |
| 2015-07-15 | 0.160 | 2.211 |
| 2015-04-16 | 0.160 | 1.718 |
| 2015-01-15 | 0.160 | 1.360 |
| 2014-10-15 | 0.160 | 1.434 |
| 2014-07-15 | 0.160 | 1.273 |
| 2014-04-15 | 0.160 | 1.701 |
| 2014-01-15 | 0.160 | 1.932 |
| 2013-10-15 | 0.160 | 2.114 |
| 2013-07-15 | 0.160 | 2.153 |
| 2013-04-05 | 0.160 | 2.130 |
| 2012-12-04 | 0.800 | 10.281 |
| 2012-08-01 | 0.640 | 7.656 |
| 2012-03-05 | 0.140 | 1.737 |
| 2012-03-02 | 0.120 | 1.262 |
| 2012-01-17 | 0.120 | 1.188 |
| 2011-11-07 | 0.120 | 1.224 |
| 2011-05-25 | 0.120 | 1.296 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hallador Energy has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but Hallador Energy only paid a dividend in the past 8 years.
Income/ dividend checks
We assess Hallador Energy's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Hallador Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Hallador Energy has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $545,830 |
| AGE | 44 |
| TENURE AS CEO | 5.3 years |
CEO Bio
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 subsidiary of Hallador Energy Company (also known as Hallador Petroleum Co.) from July 31, 2006 to November 3, 2017 and also served as its Chief Executive Officer. He has been Chairman of the Hallador Energy Company since March 2018. He served as a Vice President of Knapper Corporation, a family owned farming business from 1998 to 2004. He has been a Member of Board of Managers of Sunrise Coal, LLC since July 31, 2006 and Hallador Energy Company since September 2009. Mr. Bilsland is a Graduate of Butler University located in Indianapolis, Indiana.
CEO Compensation
- Brent's compensation has been consistent with company performance over the past year, both up more than 20%.
- Brent's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Hallador Energy management team in years:
- The tenure for the Hallador Energy management team is about average.
Management Team
Brent Bilsland
President
$546K
44
5.3 yrs
Larry Martin
Executive VP & CFO
$302K
53
3.1 yrs
R. Davis
Senior VP & Chief Accounting Officer
45
0.2 yrs
Rebecca Palumbo
Director - Investor Relations
Andy Bishop
Consultant
$406K
65
3.1 yrs
Board of Directors Tenure
Average tenure and age of the Hallador Energy board of directors in years:
- The average tenure for the Hallador Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Brent Bilsland
President
$546K
44
1.2 yrs
David Hardie
Director
$20K
67
29.8 yrs
Steven Hardie
Director
64
25.3 yrs
Bryan Lawrence
Director
76
23.5 yrs
David Lubar
Director
63
0.8 yrs
Charles Wesley
Director
$50K
39
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16. Nov 18 | Buy | Charles Wesley | Individual | 13. Nov 18 | 13. Nov 18 | 8,347 | $6.02 | $50,282 | ||
Management checks
We assess Hallador Energy's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Hallador Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Did Hallador Energy Company (NASDAQ:HNRG) Insiders Buy Up More Shares?
So we'll take a look at whether insiders have been buying or selling shares in Hallador Energy Company (NASDAQ:HNRG). … NasdaqCM:HNRG Recent Insider Trading, May 17th 2019 Hallador Energy is not the only stock insiders are buying. … Insiders own 7.6% of Hallador Energy shares, worth about US$12m.
Simply Wall St - – Full articleHow Financially Strong Is Hallador Energy Company (NASDAQ:HNRG)?
Hallador Energy Company (NASDAQ:HNRG) is a small-cap stock with a market capitalization of US$154m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Understanding the company's financial health becomes
Simply Wall St - – Full articleSome Hallador Energy (NASDAQ:HNRG) Shareholders Are Down 44%
At this point some shareholders may be questioning their investment in Hallador Energy Company (NASDAQ:HNRG), since the last five years saw the share price fall 44%. … Unfortunately the share price momentum is still quite negative, with prices down 11% in thirty days. … During the five years over which the share price declined, Hallador Energy's earnings per share (EPS) dropped by 21% each year.
Simply Wall St - – Full articleDo Insiders Own Shares In Hallador Energy Company (NASDAQ:HNRG)?
A look at the shareholders of Hallador Energy Company (NASDAQ:HNRG) can tell us which group is most powerful. … Hallador Energy is not a large company by global standards. … Taking a look at our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleRead This Before Buying Hallador Energy Company (NASDAQ:HNRG) For Its Dividend
Historically, Hallador Energy Company (NASDAQ:HNRG) has paid dividends to shareholders, and these days it yields 2.9%. … Does Hallador Energy tick all the boxes of a great dividend stock? … View our latest analysis for Hallador Energy
Simply Wall St - – Full articleDo You Know What Hallador Energy Company's (NASDAQ:HNRG) P/E Ratio Means?
To keep it practical, we'll show how Hallador Energy Company's (NASDAQ:HNRG) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Hallador Energy's P/E ratio is 6.55. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWhy Hallador Energy Company’s (NASDAQ:HNRG) Return On Capital Employed Looks Uninspiring
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleShould You Worry About Hallador Energy Company's (NASDAQ:HNRG) CEO Pay Cheque?
Brent Bilsland has been the CEO of Hallador Energy Company (NASDAQ:HNRG) since 2014. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Brent Bilsland's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleIs Hallador Energy Company's (NASDAQ:HNRG) Balance Sheet Strong Enough To Weather A Storm?
While small-cap stocks, such as Hallador Energy Company (NASDAQ:HNRG) with its market cap of US$159m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleDo Insiders Own Shares In Hallador Energy Company (NASDAQ:HNRG)?
The big shareholder groups in Hallador Energy Company (NASDAQ:HNRG) have power over the company. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Hallador Energy is a smaller company with a market capitalization of US$150m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleCompany Info
Description
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 Denver, Colorado.
Details
| Name: | Hallador Energy Company |
| HNRG | |
| Exchange: | NasdaqCM |
| Founded: | 1949 |
| $175,721,120 | |
| 30,244,599 | |
| Website: | http://www.halladorenergy.com |
| Address: |
Hallador Energy Company 1660 Lincoln Street, Suite 2700, Denver, Colorado, 80264, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqCM | HNRG | Common Stock | Nasdaq Capital Market | US | USD | 15. Dec 1989 | |
| DB | H7H | Common Stock | Deutsche Boerse AG | DE | EUR | 15. Dec 1989 |
Number of employees
Current staff
Industry
| Coal and Consumable Fuels | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/22 03:25 |
| End of day share price update: | 2019/05/21 00:00 |
| Last estimates confirmation: | 2019/05/08 |
| Last earnings filing: | 2019/05/06 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
