Hallador Energy Company (NASDAQ:HNRG) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, HNRG is expected to report 3Q20 income of $ 0.17 per share from revenue of $ 73.90 million.
For the full year, analysts anticipate top line of $ 262.40 million, while looking forward to income of $ 0.23 per share bottom line.
Previous Quarter Performance
Hallador Energy Company announced income for the second quarter of $ 0.01 per share, from the revenue of $ 52.08 million. Street analysts expected Hallador Energy Company to report income of $ 0.02 per share on revenue of $ 60.50 million for the second quarter. The bottom line results missed street analysts by $ 0.01 or 50 percent, at the same time, top line results fell short of analysts by $ 8.42 million or 13.92 percent.
Stock Performance
On Friday, shares of Hallador Energy Company has traded high as $ 0.81 and has cracked $ 0.78 on the downward trend, reaching $ 0.79 with volume of 174.50 thousand shares.
According to the previous trading day, closing price of $ 0.79, representing a 33.33 % increase from the 52 week low of $ 0.60 and a 76.54 % decrease over the 52 week high of $ 3.41.
The company has a market capital of $ 24.07 million and is part of the Basic Materials sector and Coal industry.
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana. It is also involved in gas exploration activities in Indiana.
