Hallador Energy Company

Hallador Energy Company

HNRGยทNASDAQ

$17.91

-1.3%
EnergyCoal

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown, Indiana; and Ace in the Hole mine located near Clay City, Indiana. It is also involved in gas exploration activities in Indiana. Hallador Energy Company was founded in 1949 and is headquartered in Terre Haute, Indiana.

At a Glance

Live Snapshot
Market Cap$844.10M
EPS0.9800
P/E Ratio18.28
Earnings Date08/10/2026
Hallador Energy Company

Hallador Energy Company Fair Value Envelope

HNRG ยท NASDAQ

Our analysis suggests that HNRG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $17.9099, this represents a potential HIDDEN relative to our calculated worth for Hallador Energy Company.

Intrinsic Value
Current Price: $17.9099

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$664.8M
+ Cash & Equivalents$10.1M
Firm Value$674.9M
- Debt$39.1M
Equity Value$635.8M
/ Shares Outstanding43,010,230B
DCF Value$15
OVERVALUED BY 17%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$77.0M
$73.0M
$69.2M
$65.7M
$62.3M
$59.1M
$56.0M
$53.1M
$50.4M
$47.8M
Maintenance CapEx
-$13.1M
-$12.5M
-$11.8M
-$11.2M
-$10.6M
-$10.1M
-$9.6M
-$9.1M
-$8.6M
-$8.2M
Owner Earnings
$63.8M
$60.5M
$57.4M
$54.4M
$51.6M
$49.0M
$46.5M
$44.1M
$41.8M
$39.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$59.1M
$51.9M
$45.6M
$40.0M
$35.1M
$30.9M
$27.1M
$23.8M
$20.9M
$18.4M
Terminal Value represents 46.9% of Enterprise Value