FBR & Co. Released “Outperform” Rating on Hallador Energy Co (HNRG)

Hallador Energy Co (HNRG) was Reiterated by FBR & Co. to “Outperform” while Lowering the Price Target of the company shares to $ 11 from a previous price target of $12 . FBR & Co. advised their Clients and Investors in a research report released on Mar 15, 2017.

Based on several research reports , Shares were Reiterated by FBR & Co. on Mar 15, 2017 to “Outperform” and Lowered the Price Target to $ 11 from a previous price target of $12 .

Several company insiders have filed Insider transactions , on Dec 9, 2016, David C Hardie (director) sold 86,747 shares at $9.63 per share price. According to the SEC, on Oct 17, 2016, Brent K Bilsland (CEO) purchased 4,900 shares at $4.67 per share price. On Aug 18, 2016, Victor P Stabio (Chairman and Asst. Secretary) purchased 1,153 shares at $6.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Hallador Energy Co closed down -0.34 points or -4.14% at $7.87 with 2,62,045 shares getting traded on Wednesday. Post opening the session at $8.23, the shares hit an intraday low of $7.54 and an intraday high of $8.2699 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Hallador Energy Company is a mining company. The Company through its wholly owned subsidiary Sunrise Coal LLC is engaged in coal mining in the state of Indiana serving the electric power generation industry. The Company also operates through its interest holding companies Savoy Energy L.P. which is an oil and gas exploration company with operations in Michigan and Sunrise Energy LLC a gas exploration company with operations in Indiana. The Company’s Carlisle underground coal mine is located near the town of Carlisle Indiana in Sullivan County. Its Ace mine is located 42 miles northeast of the Carlisle Mine. The Company’s Oaktown 1 Mine (underground) comprises 44 million tons controlled and rated proved and probable of the Indiana V seam. The Company has a multi-commodity truck/barge terminal on the Indiana bank of the Ohio River near the William Natcher Bridge between Rockport and Grandview Indiana.

Hallador Energy Co

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