HNRGHALLADOR ENERGY CO
Electric Services
- Revenue
- $469M
- 16% YoY
- Operating margin
- 13.0%
- 124% YoY
- EBITDA
- $102M
- 167% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.1×
- $14M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear194% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $244M | $362M | $635M | $404M | $469M | 16% |
| Operating income | −$6M | $30M | $65M | −$218M | $61M | 128% |
| Net income | −$4M | $18M | $45M | −$226M | $42M | 119% |
| Operating cash flow | $48M | $54M | $59M | $66M | $81M | 23% |
| Capex | $28M | $54M | $75M | $53M | $69M | 30% |
| Stock-based comp | $1M | $1M | $4M | $4M | $4M | 21% |
| Dividends | $0 | — | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $1M | $3M | 191 | — |
| FY2024 | $3M | $5M | 115 | — |
| FY2023 | $998K | $721K | 88 | — |