Hallador Energy’s contracted forward sales rose 26% from Q2 2026 to $3.0 billion at the segment level. The Turtle Creek project is advancing toward a year-end Final Investment Decision, and management targets approximately $1.6 billion in value from it within 24 months. Third-quarter 2026 revenue exceeded expectations, but earnings per share were break-even, missing Zacks’ $0.07 estimate and down from $0.55 per share a year earlier. This break-even report directly contradicts previously cited information claiming a $0.57-per-share beat.
Revenue fell to $130.250 million, while adjusted EBITDA improved from the previous quarter and forward sales rose to $3 billion.
Read the full storyRevenue fell 11% year over year, but its quarterly rebound coincided with higher Merom generation and improved adjusted EBITDA.
Contracted sales increased as output at the Merom plant improved, but the company posted a net loss and negative operating cash flow as it nears an investment decision on a new gas project.