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Hallador Energy HNRG Electric Operations — Fuel Costs

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Other financials

Income statement

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Revenue$101.5M-1.3%
Gross profit$26.5M-51.7%
Operating income-$12.7M-207%
Net income-$15.2M-285%
EPS (diluted)-$0.32-268%

Balance sheet

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Cash & equivalents$29.0M+214%
Total debt$44.0M+14.8%
Total equity$190.3M+55.8%
Total assets$468.0M+14.3%

Cash flow

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Operating cash flow-$23.9M-310%
CapEx$26.3M+101%
Free cash flow-$50.2M

Valuation

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Market cap$695.64M-17.5%
Enterprise value$710.63M-18.5%
P/S1.5×-0.5×

Profitability

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Gross margin23.9%-5.8pp
Operating margin3.7%+1.9pp
Net margin-0.1%-0.1pp
FCF margin9.2%+6.9pp

Returns & leverage

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Return on equity-0.4%-0.2pp
Debt / equity0.2×-0.1×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Hallador Energy in its filing.

Tagged under the XBRL concept us-gaap:FuelCosts.

The source filing: Hallador Energy’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093468
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other revenues1,3954,7023,0266,298
Total sales and operating revenues101,505102,825205,993220,549
EXPENSES:
Fuel15,45115,06330,41430,273
Other operating and maintenance costs39,13228,95568,28857,344
Cost of purchased power8,6332,17223,4969,012
Utilities3,9604,5079,9748,659
Labor28,81226,79956,20053,828

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Hallador Energy's electric operations — fuel costs?
Hallador Energy (HNRG) reported electric operations — fuel costs of $25.26M in Q2 2026.
How has Hallador Energy's electric operations — fuel costs changed year-over-year?
Hallador Energy's electric operations — fuel costs increased by 18.4% year-over-year, from $21.33M to $25.26M.
What is the long-term trend for Hallador Energy's electric operations — fuel costs?
Over 2 years (2023 to 2025), Hallador Energy's electric operations — fuel costs has grown at a -2.5% compound annual growth rate (CAGR), from $139.5M to $132.57M.
What does electric operations — fuel costs mean?
Measures the total expenditure on fuel sources required to operate power generation facilities. As a primary variable cost, this metric is critical for assessing the impact of commodity price volatility on the segment's operational profitability.

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