HNRG

Hallador Energy Company operates as a diversified energy company primarily engaged in coal production and electric power generation in the United States. Headquartered in Terre Haute, Indiana, the company conducts its coal mining operations through its Sunrise Coal subsidiary, which manages the Oaktown Mining Complex in Indiana. This facility consists of two underground mines that produce approximately 6 million tons of low-sulfur coal annually, primarily serving electric power generation customers in the Midwest region. In 2018, Hallador expanded beyond coal through its acquisition of a 50% interest in Hoosier Energy's Merom Generating Station, a 1,080-megawatt coal-fired power plant in Indiana, establishing its power generation segment. The company also operates Sunrise Energy, which provides power marketing and logistics services. Hallador maintains long-term coal supply agreements with several utility companies, providing revenue stability in the thermal coal market. The company positions itself strategically within the Indiana energy market, leveraging its integrated coal-to-power business model and proximity to key customers. Recent initiatives include optimizing operational efficiency at its mining operations and managing the transition of its power generation assets amid evolving energy market dynamics. Hallador employs approximately 450 people across its operations and continues to focus on cost management and operational excellence in both its mining and power generation businesses.