B. Riley Securities Revises Hallador Energy Rating to Neutral with $9 Price Target
January 30, 2023
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Hallador Energy ($NASDAQ:HNRG) is a coal mining and energy production company based in Indiana. It is one of the top American producers of coal and is the largest producer of coal in the state. Its main business is to mine and sell coal to customers such as utilities, industrial customers, and other coal producers.
In addition, Hallador Energy also produces and sells coke and other products related to energy production. B. Riley Securities has recently revised its rating of Hallador Energy to Neutral and set a price target of $9. This rating is based on the company’s recent financial performance, which has been impacted by the decline of demand for coal due to the shift towards renewable energy sources.
Additionally, B. Riley Securities believes that Hallador Energy’s reliance on coal puts it at a disadvantage compared to other energy companies that have diversified their energy production. Despite the current challenges, B. Riley Securities believes there are still many opportunities for Hallador Energy to improve its performance. The company has made several strategic decisions, such as diversifying its energy mix and investing in renewable energy sources, which should help it remain competitive in the future. Additionally, Hallador Energy has also been engaging in cost-cutting measures and restructuring its operations in order to remain profitable. While the company faces some headwinds due to the shift away from coal, Hallador Energy’s strategic decisions and cost-cutting measures should help it remain competitive and profitable in the future.
Share Price
At the time of writing, media sentiment towards the company is mostly positive. On Wednesday, Hallador Energy opened at $10.0 and closed at $9.4, representing a drop of 5.3% from its prior closing price of $9.9. Despite this decline, Hallador Energy still remains an attractive energy stock with an encouraging growth outlook. The company is currently focusing on developing their existing coal reserves and expanding their operations. This will help them to increase their production capacity and profitability. Hallador Energy has also made investments in renewable energy sources such as solar and wind power, which will help them to diversify their portfolio and reduce their reliance on coal-based energy.
Additionally, Hallador Energy has a strong financial position and is well-positioned to manage volatility in the energy industry. The company has a history of delivering positive results and has a strong balance sheet with low debt levels. This provides the company with the flexibility to make strategic investments that will benefit its long-term growth. Overall, Hallador Energy’s outlook is positive and the company is well-positioned to take advantage of future opportunities in the energy sector. Investors should keep an eye on the company and its stock price as it could be an attractive option for those looking for value in the energy sector. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hallador Energy. More…
| Total Revenues | Net Income | Net Margin |
| 275.43 | -19.62 | -7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hallador Energy. More…
| Operations | Investing | Financing |
| 24.88 | -47.04 | 24.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hallador Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 383.36 | 199.39 | 5.58 |
Key Ratios Snapshot
Some of the financial key ratios for Hallador Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.7% | -50.7% | -3.0% |
| FCF Margin | ROE | ROA |
| -8.5% | -2.9% | -1.4% |
VI Analysis
Hallador Energy is a medium risk investment according to the VI Risk Rating, which is a simple way of assessing a company’s long-term potential. The rating takes into consideration numerous financial and business factors to determine how risky an investment may be. With Hallador Energy, three risk warnings have been detected in the income sheet, balance sheet, and cashflow statement. The VI Risk Rating helps investors understand the risk level of a particular company, which makes it easier to decide whether to invest in it. Investors should also consider other factors such as the company’s competitive position, its current financial health, and the potential for growth in order to make an informed decision. Before investing, it is important to evaluate the risks associated with a particular company. The VI Risk Rating is an easy way to assess the financial and business aspects of a company. It can help investors understand the potential of a company and determine if it is a good fit for their portfolio. By using the VI app, investors can easily check for risk warnings in the income sheet, balance sheet, and cashflow statement. With this information, investors can make more informed decisions about their investments. More…
VI Peers
In the coal industry, there is intense competition between Hallador Energy Co and its competitors: Semirara Mining and Power Corp, Inner Mongolia Dian Tou Energy Corp Ltd, Banpu PCL. All four companies are fighting for market share in the global coal industry. While Hallador Energy Co has a strong presence in the United States, the other three companies are based in Asia and have a large market share in Asia.
– Semirara Mining and Power Corp ($PSE:SCC)
As of 2022, Semirara Mining and Power Corp has a market cap of 130.49B and a Return on Equity of 38.96%. The company is engaged in mining and power generation. It is the largest coal producer in the Philippines and the only power producer in the country that uses coal as its primary fuel. The company operates the largest coal mine in the country, which is located in the province of Antique.
– Inner Mongolia Dian Tou Energy Corp Ltd ($SZSE:002128)
Inner Mongolia Dian Tou Energy Corp Ltd is a Chinese energy company with a market cap of 25.25B as of 2022. The company’s return on equity is 16.76%. Dian Tou Energy is engaged in the business of coal mining, washing, processing and sales, as well as power generation. The company has a coal reserve of 3.6 billion tons and a production capacity of 10 million tons per year.
– Banpu PCL ($SET:BANPU)
Banpu Public Company Limited is a Thai-based coal mining and power generation company. The Company’s business operations include coal mining and power generation. It operates coal mines in Thailand, Indonesia, Australia and China, and has coal-fired power plants in Thailand, China and Indonesia. The Company’s products include thermal coal, which is used in power generation, and coking coal, which is used in steel production. As of December 31, 2011, the Company had a total coal reserve of 1,046 million tons.
Summary
Hallador Energy is a coal mining and energy company based in the United States. Recently, B. Riley Securities revised their rating for Hallador Energy from a “Buy” to “Neutral” with a price target of $9. At the time of writing, media sentiment towards Hallador Energy is mostly positive. Despite the positive sentiment, Hallador Energy’s stock price has dropped since the revised rating was announced.
Investors should be cautious when considering investing in Hallador Energy due to the uncertain market conditions and potential volatility of the stock. Hallador Energy may present an interesting investment opportunity, but investors should conduct extensive research and consider the potential risks before investing.
