NASDAQ$HNRG

Hallador Energy Company · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Hallador Energy reported record net income and adjusted EBITDA for the first half of 2023, with leverage ratio moving below 1.0X.

Hallador Energy Company reported a net income of $16.9 million and adjusted EBITDA of $35.3 million for the second quarter of 2023. The company's leverage ratio decreased to below 1.0x EBITDA, and liquidity increased to $56.9 million as of June 30, 2023.

  • Net income for Q2 2023 was $16.9 million.
  • Basic earnings per share for Q2 2023 was $0.51.
  • Operating cash flow for Q2 2023 was $18.1 million.
  • Adjusted EBITDA for Q2 2023 was $35.3 million.

Headline financials

Total Revenue

$161M

Previous: $65.9M+144.5%
EPS (adj)

$0.47

Previous: -$0.11+527.3%
Capital Expenditures

-$30.6M

Previous: -$22.9M-33.7%
Free Cash Flow

-$13.7M

Previous: -$26.3M+47.9%
Net Income

$16.9M

Previous: -$3.39M+599.6%
Operating Income

$22.2M

Previous: -$816K+2826.0%
Gross Profit

$45.8M

Previous: $14.5M+214.9%
Cash & Equivalents

$2.34M

Previous: $8.88M-73.7%
Total Assets

$600M

Previous: $376M+59.7%
Stock-Based Comp

$781K

Previous: $53K+1373.6%

Revenue & EPS history

Hallador Energy · Revenue · Quarterly

$161M

Q2 2023+144.5%vs Q2 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+1.7%

Avg return

Earnings day

+4.6%

Avg return

5 days after

+8.2%

Avg return

30 days after

52%

33 / 64 earnings

Positive

+30.9%

Q2 2020

Best reaction

-19.7%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%+9.5%-5.7%
Q4 2025-11.2%-15.1%-21.4%
Q3 2025+18.8%+1.6%+13.9%
Q1 2025+21.0%+26.6%+6.4%
Q4 2024+4.1%+11.3%+25.2%
Q3 2024+19.3%+16.7%+12.6%
Q2 2024-19.7%-14.0%-5.9%
Q1 2024+5.8%+21.3%+69.1%
Q4 2023-6.0%-24.6%-39.4%
Q3 2023-14.5%-11.0%-12.5%
Q2 2023+3.5%+7.2%+11.4%
Q1 2023+16.0%+19.7%+6.6%
Q4 2022+13.1%+18.7%+24.4%
Q3 2022+13.5%+15.1%+35.3%
Q2 2022-11.8%+0.3%-18.8%
Q1 2022+0.6%+12.7%+76.1%
Q4 2021-15.5%-15.2%+7.4%
Q3 2021-12.5%-15.7%-22.7%
Q2 2021-17.6%-16.1%-13.6%
Q1 2021+3.4%+14.5%+35.7%
Q4 2020+16.2%+15.6%+27.7%
Q3 2020+14.9%+17.5%+20.3%
Q2 2020+30.9%+34.5%+15.7%
Q1 2020-3.4%-3.9%+66.4%
Q4 2019+16.8%+12.6%-11.6%
Q3 2019-6.2%-15.5%-8.0%
Q2 2019-6.4%-7.3%-28.1%
Q1 2019+4.1%+12.4%+8.7%
Q4 2018+8.5%+14.1%-3.5%
Q3 2018+1.1%+0.7%-7.3%
Q2 2018-0.9%-7.3%-14.1%
Q1 2018+5.5%+10.0%+11.5%
Q4 2017-3.1%+1.2%+6.7%
Q3 2017+0.8%+9.2%+13.9%
Q2 2017-4.4%-6.9%-14.0%
Q1 2017+21.9%+18.1%+19.5%
Q4 2016+1.2%-4.8%-4.0%
Q3 2016-1.3%+11.1%+2.8%
Q2 2016+5.1%+5.1%+34.2%
Q1 2016-5.2%
Q4 2015+1.9%
Q3 2015+3.2%
Q2 2015+3.7%
Q1 2015-0.2%
Q4 2014-3.1%
Q3 2014-5.7%
Q2 2014-0.2%
Q1 2014+0.1%
Q4 2013+6.1%
Q3 2013-3.4%
Q2 2013-0.6%
Q1 2013+2.7%
Q4 2012-2.2%
Q3 2012-0.5%
Q2 2012+1.2%
Q1 2012-0.5%
Q1 2011-0.5%
Q4 2011-3.2%
Q3 2010+1.9%
Q3 2011+1.9%
Q2 2010+0.0%
Q2 2011+0.0%
Q4 2010+0.0%
Q1 2010-7.2%

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