Hallador Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:HNRG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Dec 24	SellUS$490,984	Hallador Investment Advisors, Inc.	Company	37,610	US$13.10
25 Nov 24	SellUS$598,393	Hallador Investment Advisors, Inc.	Company	45,698	US$13.21
21 Nov 24	SellUS$217,315	Hallador Investment Advisors, Inc.	Company	16,692	US$13.05
19 Nov 24	SellUS$890,348	Hallador Investment Advisors, Inc.	Company	68,691	US$13.11
06 Sep 24	BuyUS$149,265	Charles Wesley	Individual	25,000	US$5.97
29 Aug 24	BuyUS$27,750	Zarrell Gray	Individual	4,000	US$7.75
26 Aug 24	BuyUS$88,984	Zarrell Gray	Individual	14,000	US$6.43
22 Aug 24	BuyUS$114,000	Zarrell Gray	Individual	20,000	US$6.05
16 Aug 24	BuyUS$28,825	Charles Wesley	Individual	5,000	US$5.77
22 Mar 24	BuyUS$240,136	Charles Wesley	Individual	46,100	US$5.25

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HNRG?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,900,000	4.46%
Individual Insiders	5,098,933	12%
VC/PE Firms	5,180,256	12.2%
General Public	9,252,036	21.7%
Institutions	21,185,883	49.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.6%.

Top Shareholders

Top 25 shareholders own 65.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.2%	Lubar & Co., Inc.	5,180,256	US$57.8m	-4.98%	80.52%
4.74%	Aegis Financial Corporation	2,021,102	US$22.6m	0%	6.96%
4.71%	Hallador Investment Advisors, Inc.	2,006,431	US$22.4m	-7.76%	57.42%
4.6%	Steven Hardie	1,962,500	US$21.9m	0%	no data
4.46%	ALJ Regional Holdings, Inc.	1,900,000	US$21.2m	0%	no data
4.37%	BlackRock, Inc.	1,862,075	US$20.8m	6.86%	no data
4.01%	Dimensional Fund Advisors LP	1,710,065	US$19.1m	11%	no data
3.35%	The Vanguard Group, Inc.	1,429,119	US$15.9m	11.6%	no data
3.09%	Brent Bilsland	1,315,374	US$14.7m	-7.16%	no data
1.93%	Heartland Advisors, Inc.	822,000	US$9.2m	0%	0.49%
1.82%	Empyrean Capital Partners, LP	775,000	US$8.6m	55%	0.54%
1.76%	Bridgeway Capital Management, LLC	749,894	US$8.4m	3.09%	0.14%
1.58%	Geode Capital Management, LLC	672,801	US$7.5m	4.2%	no data
1.52%	American Century Investment Management Inc	647,853	US$7.2m	16.6%	no data
1.44%	Renaissance Technologies LLC	613,055	US$6.8m	-7.06%	0.01%
1.39%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	591,171	US$6.6m	57.7%	no data
1.23%	State Street Global Advisors, Inc.	525,123	US$5.9m	1.5%	no data
1.17%	Bryan Lawrence	499,746	US$5.6m	0%	no data
1.04%	Lawrence Martin	445,281	US$5.0m	0%	no data
1.03%	Taconic Capital Advisors L.P.	439,724	US$4.9m	0%	1.0%
1.02%	Apis Capital Advisors, LLC	434,000	US$4.8m	0%	3.05%
0.82%	Castleknight Management LP	350,497	US$3.9m	0%	0.45%
0.82%	Balyasny Asset Management L.P.	350,441	US$3.9m	-12.9%	0.01%
0.82%	Beryl Capital Management LLC	347,398	US$3.9m	0%	0.83%
0.73%	AQR Capital Management, LLC	310,618	US$3.5m	-44.5%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 05:10
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hallador Energy Company is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Grampp	Alliance Global Partners
Mark Levin	BB&T Capital Markets
Lucas Pipes	Brean Capital