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Hallador Energy Stock Rises 5% Over Record Capacity Pricing In Three-Year Agreement

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Stock of Hallador Energy Company (HNRG) is gaining about 5 percent on Thursday morning trading after securing a three-year agreement to sell substantially all of its remaining accredited capacity to a utility customer for planning years 2026 through the summer of 2028.

The company's shares are currently trading at $18.58 on the Nasdaq, up 5.39 percent. The stock opened at $18.61 and has climbed as high as $19.72 so far in today's session. Over the past year, it has traded in a range of $9.25 to $24.70.

The pricing is set at approximately 2x the capacity pricing levels currently embedded in the company's forward sales book and is expected to generate approximately $86 million of cumulative Revenue over the three-year term.

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