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HNRG Stock Analysis 2026 - HALLADOR ENERGY CO AI Rating

HNRG Nasdaq Electric Services CO CIK: 0000788965
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2025-12-31
HOLD
68% Conf
Pending
Analysis scheduled

📊 HNRG Key Takeaways

Revenue: $469.5M
Net Margin: 8.9%
Free Cash Flow: $11.9M
Current Ratio: 0.81x
Debt/Equity: 0.19x
EPS: $0.96
AI Rating: HOLD with 68% confidence

Is HNRG a Good Investment? Thesis Analysis

Claude

Strong revenue growth of 16.2% YoY and exceptional profitability returns (ROE 26.2%, ROA 10.3%) are undermined by net income stagnation at 0% growth and deteriorating liquidity with current ratio of 0.81x. The company's capital-intensive model consumes 85% of operating cash flow, leaving limited financial flexibility.

Why Buy HNRG? Key Strengths

Claude
  • + Solid revenue growth of 16.2% YoY demonstrates demand resilience
  • + Exceptional return metrics with ROE 26.2% and ROA 10.3% indicate highly efficient capital utilization
  • + Conservative debt structure with debt-to-equity of only 0.19x provides significant balance sheet flexibility
  • + Strong operating cash flow generation of $81.1M supports operational continuity
  • + EPS growth of 116.8% reflects disciplined capital allocation and shareholder-friendly management

HNRG Investment Risks to Consider

Claude
  • ! Net income growth of 0% despite 16.2% revenue growth signals margin compression and rising cost pressures
  • ! Current ratio of 0.81x indicates liquidity stress with current liabilities exceeding current assets
  • ! Free cash flow of only $11.9M (2.5% FCF margin) provides minimal buffer after capital expenditures
  • ! Minimal cash position of $10.1M relative to $408.1M asset base limits financial resilience
  • ! Interest coverage of 3.6x offers limited cushion if operations deteriorate or rates rise
  • ! Flat net income growth despite revenue expansion suggests unfavorable cost dynamics or operational headwinds

Key Metrics to Watch

Claude
  • * Net profit margin trend and operating expense ratio movements
  • * Working capital management and quarterly liquidity metrics
  • * Free cash flow generation relative to capital expenditure requirements
  • * Operating cash flow sustainability and cost inflation pressures
  • * Interest coverage ratio and debt refinancing conditions

HNRG Financial Metrics

Revenue
$469.5M
Net Income
$41.9M
EPS (Diluted)
$0.96
Free Cash Flow
$11.9M
Total Assets
$408.1M
Cash Position
$10.1M

💡 AI Analyst Insight

The relatively thin 2.5% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

HNRG Profitability Ratios

Gross Margin N/A
Operating Margin 13.0%
Net Margin 8.9%
ROE 26.2%
ROA 10.3%
FCF Margin 2.5%

HNRG vs Default Sector

How HALLADOR ENERGY CO compares to Default sector averages

Net Margin
HNRG 8.9%
vs
Sector Avg 12.0%
HNRG Sector
ROE
HNRG 26.2%
vs
Sector Avg 15.0%
HNRG Sector
Current Ratio
HNRG 0.8x
vs
Sector Avg 1.8x
HNRG Sector
Debt/Equity
HNRG 0.2x
vs
Sector Avg 0.7x
HNRG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is HNRG Overvalued or Undervalued?

Based on fundamental analysis, HALLADOR ENERGY CO appears fundamentally strong relative to the Default sector in 2026.

Return on Equity
26.2%
Sector avg: 15%
Net Profit Margin
8.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.19x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

HNRG Balance Sheet & Liquidity

Current Ratio
0.81x
Quick Ratio
0.81x
Debt/Equity
0.19x
Debt/Assets
60.8%
Interest Coverage
3.61x
Long-term Debt
$29.7M

HNRG 5-Year Financial Trend & Growth Analysis

HNRG 5-year financial data: Year 2019: Revenue $323.5M, Net Income N/A, EPS N/A. Year 2020: Revenue $317.4M, Net Income N/A, EPS N/A. Year 2021: Revenue $243.9M, Net Income -$6.2M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: HALLADOR ENERGY CO's revenue has declined by 25% over the 5-year period, indicating business contraction. The most recent EPS of $-5.72 indicates the company is currently unprofitable.

HNRG Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.5%
Free cash flow / Revenue

HNRG Quarterly Performance

Quarterly financial performance data for HALLADOR ENERGY CO including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $105.2M $1.6M $0.04
Q2 2025 $93.8M $8.2M $0.19
Q1 2025 $111.6M -$1.7M $-0.05
Q3 2024 $105.0M $1.6M $0.04
Q2 2024 $90.9M -$10.2M $-0.27
Q1 2024 $109.7M -$1.7M $-0.05
Q3 2023 $85.1M $1.6M $0.05
Q2 2023 $65.9M -$3.4M $-0.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

HNRG Capital Allocation

Operating Cash Flow
$81.1M
Cash generated from operations
Capital Expenditures
$69.2M
Investment in assets
Dividends
None
No dividend program

HNRG SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for HALLADOR ENERGY CO (CIK: 0000788965)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/form4-04032026_010431.xml View →
Apr 2, 2026 4 xslF345X06/form4-04032026_010402.xml View →
Mar 27, 2026 8-K hnrg-20260325x8k.htm View →
Mar 12, 2026 8-K hnrg-20260312x8k.htm View →
Mar 12, 2026 10-K hnrg-20251231x10k.htm View →

Frequently Asked Questions about HNRG

What is the AI rating for HNRG?

HALLADOR ENERGY CO (HNRG) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are HNRG's key strengths?

Claude: Solid revenue growth of 16.2% YoY demonstrates demand resilience. Exceptional return metrics with ROE 26.2% and ROA 10.3% indicate highly efficient capital utilization.

What are the risks of investing in HNRG?

Claude: Net income growth of 0% despite 16.2% revenue growth signals margin compression and rising cost pressures. Current ratio of 0.81x indicates liquidity stress with current liabilities exceeding current assets.

What is HNRG's revenue and growth?

HALLADOR ENERGY CO reported revenue of $469.5M.

Does HNRG pay dividends?

HALLADOR ENERGY CO does not currently pay dividends.

Where can I find HNRG SEC filings?

Official SEC filings for HALLADOR ENERGY CO (CIK: 0000788965) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HNRG's EPS?

HALLADOR ENERGY CO has a diluted EPS of $0.96.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HNRG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, HALLADOR ENERGY CO has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HNRG stock overvalued or undervalued?

Valuation metrics for HNRG: ROE of 26.2% (sector avg: 15%), net margin of 8.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy HNRG stock in 2026?

Our dual AI analysis gives HALLADOR ENERGY CO a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HNRG's free cash flow?

HALLADOR ENERGY CO's operating cash flow is $81.1M, with capital expenditures of $69.2M. FCF margin is 2.5%.

How does HNRG compare to other Default stocks?

Vs Default sector averages: Net margin 8.9% (avg: 12%), ROE 26.2% (avg: 15%), current ratio 0.81 (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2025-12-31 | Powered by Claude AI