Professional
Added to YB: 2024-11-05
Pitch date: 2024-10-31
HNRG [bullish]
Hallador Energy Company
+78.16%
current return
Author Info
No bio for this author
Company Info
Hallador Energy Company, through its subsidiaries, operates as an independent power producer and fuel company in the United States.
Market Cap
$915.3M
Pitch Price
$9.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.47
P/E
38.33
EV/Sales
1.95
Sector
Independent Power and Renewable Electricity Producers
Category
turnaround
Apis Global Discovery Fund Portfolio Holding: Hallador Energy Company
HNRG: Coal miner transitioning to IPP. Acquired Hoosier's coal plant, now 45% of revenue but most profit. MISO region high risk for shortages. Capacity revenue $65M vs $10M LY. Seeking 10yr PPA with data centers. Est. $2.50 FCF/share 2026, <4x P/FCF vs peers >10x. PPA likely above forward prices.
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