Wexford Capital LP Makes New $785,000 Investment in Hallador Energy (NASDAQ:HNRG)

Wexford Capital LP acquired a new position in Hallador Energy (NASDAQ:HNRG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,525 shares of the energy company’s stock, valued at approximately $785,000. Wexford Capital LP owned approximately 0.16% of Hallador Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Nebula Research & Development LLC increased its position in Hallador Energy by 3.0% during the 4th quarter. Nebula Research & Development LLC now owns 31,176 shares of the energy company’s stock worth $357,000 after purchasing an additional 906 shares in the last quarter. Rhumbline Advisers increased its position in Hallador Energy by 3.0% during the 4th quarter. Rhumbline Advisers now owns 36,672 shares of the energy company’s stock worth $420,000 after purchasing an additional 1,068 shares in the last quarter. Legal & General Group Plc increased its position in Hallador Energy by 23.5% during the 4th quarter. Legal & General Group Plc now owns 7,539 shares of the energy company’s stock worth $86,000 after purchasing an additional 1,435 shares in the last quarter. Quantinno Capital Management LP increased its position in Hallador Energy by 17.0% during the 4th quarter. Quantinno Capital Management LP now owns 11,915 shares of the energy company’s stock worth $136,000 after purchasing an additional 1,729 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in Hallador Energy by 15.4% during the 4th quarter. MetLife Investment Management LLC now owns 14,894 shares of the energy company’s stock worth $171,000 after purchasing an additional 1,990 shares in the last quarter. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on HNRG shares. B. Riley raised their price target on Hallador Energy from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Tuesday, April 1st. StockNews.com raised Hallador Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th.

Hallador Energy Stock Performance

Hallador Energy stock opened at $19.23 on Monday. The stock’s 50 day moving average price is $13.57 and its 200 day moving average price is $12.16. The firm has a market capitalization of $826.43 million, a PE ratio of -34.96 and a beta of 0.42. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. Hallador Energy has a one year low of $4.86 and a one year high of $19.53.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings results on Monday, May 12th. The energy company reported $0.23 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.39. The firm had revenue of $117.79 million for the quarter, compared to analyst estimates of $98.70 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. As a group, sell-side analysts expect that Hallador Energy will post -0.31 EPS for the current fiscal year.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.