Hallador Energy Company (NASDAQ:HNRG) declared a quarterly dividend on Wednesday, October 18th, Wall Street Journal reports. Investors of record on Tuesday, October 31st will be given a dividend of 0.04 per share by the energy company on Friday, November 17th. This represents a $0.16 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Monday, October 30th.
Hallador Energy (NASDAQ:HNRG) opened at 5.40 on Friday. The firm has a market cap of $160.72 million, a P/E ratio of 19.78 and a beta of -0.63. The company has a 50-day moving average price of $5.57 and a 200-day moving average price of $6.75. Hallador Energy has a 1-year low of $5.02 and a 1-year high of $10.40.
Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings results on Tuesday, August 8th. The energy company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.13). The company had revenue of $64.31 million for the quarter, compared to the consensus estimate of $64.20 million. Hallador Energy had a net margin of 3.13% and a return on equity of 11.19%. On average, equities research analysts forecast that Hallador Energy will post $0.48 EPS for the current fiscal year.
HNRG has been the topic of a number of recent research reports. Zacks Investment Research upgraded Hallador Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. ValuEngine downgraded Hallador Energy from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 14th.
A hedge fund recently bought a new stake in Hallador Energy stock. State Street Corp purchased a new position in Hallador Energy Company (NASDAQ:HNRG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 184,020 shares of the energy company’s stock, valued at approximately $1,430,000. State Street Corp owned 0.62% of Hallador Energy as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 57.52% of the company’s stock.
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About Hallador Energy
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
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