Hallador Energy produces thermal coal and generates electricity in the U.S. Midwest, notably through mining operations and the Merom power plant in Indiana. It supplies fuel and power into regional utility and industrial markets rather than exporting metallurgical coal for steelmaking. The combination of mining and generation links the company to both coal production and dispatchable power.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 102.8 | — | 8.3 | — |
| Q3 2025 | 146.8 | — | 23.9 | 1,301.7% |
| Q4 2025 | 101.9 | — | -0.2 | — |
| Q1 2026 | 101.8 | — | -9.3 | -187.5% |
| Q2 2026 | 101.5 | -1.3% | -15.2 | -284.7% |
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