Yaupon Capital Management LP Sells 76,691 Shares of Hallador Energy Company $HNRG

Yaupon Capital Management LP trimmed its position in shares of Hallador Energy Company (NASDAQ:HNRG) by 21.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 275,665 shares of the energy company’s stock after selling 76,691 shares during the period. Yaupon Capital Management LP’s holdings in Hallador Energy were worth $3,385,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Hallador Energy by 4.0% in the first quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company’s stock worth $20,797,000 after buying an additional 65,652 shares in the last quarter. Invesco Ltd. raised its holdings in Hallador Energy by 356.4% in the 1st quarter. Invesco Ltd. now owns 273,300 shares of the energy company’s stock worth $3,356,000 after acquiring an additional 213,421 shares during the last quarter. Jump Financial LLC bought a new position in Hallador Energy in the 1st quarter valued at approximately $1,126,000. Nuveen LLC bought a new position in Hallador Energy in the 1st quarter valued at approximately $1,090,000. Finally, BNP Paribas Financial Markets boosted its stake in Hallador Energy by 517.0% during the 4th quarter. BNP Paribas Financial Markets now owns 30,629 shares of the energy company’s stock valued at $351,000 after purchasing an additional 25,665 shares during the last quarter. 61.38% of the stock is owned by hedge funds and other institutional investors.

Hallador Energy Trading Up 2.2%

Shares of NASDAQ:HNRG opened at $17.41 on Tuesday. The stock’s 50-day simple moving average is $16.68 and its two-hundred day simple moving average is $15.00. The stock has a market capitalization of $748.80 million, a price-to-earnings ratio of -3.49 and a beta of 0.46. Hallador Energy Company has a 52-week low of $5.76 and a 52-week high of $22.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.26 and a current ratio of 0.67.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Monday, August 11th. The energy company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.34. The firm had revenue of $102.89 million for the quarter, compared to analysts’ expectations of $91.73 million. Hallador Energy had a negative net margin of 46.61% and a positive return on equity of 11.58%. Analysts expect that Hallador Energy Company will post -0.31 EPS for the current year.

Analyst Upgrades and Downgrades

HNRG has been the subject of several recent analyst reports. Northland Securities began coverage on Hallador Energy in a research note on Monday, May 19th. They issued an “outperform” rating and a $23.00 price target for the company. Citigroup lowered Hallador Energy to a “neutral” rating in a research report on Tuesday, August 12th. B. Riley cut shares of Hallador Energy from a “buy” rating to a “neutral” rating and upped their target price for the company from $15.00 to $17.00 in a research note on Tuesday, August 12th. Wall Street Zen upgraded shares of Hallador Energy from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Northland Capmk raised shares of Hallador Energy to a “strong-buy” rating in a report on Monday, May 19th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Insiders Place Their Bets

In other Hallador Energy news, Director Charles Ray Iv Wesley purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were acquired at an average price of $15.27 per share, for a total transaction of $305,400.00. Following the purchase, the director directly owned 234,914 shares of the company’s stock, valued at $3,587,136.78. The trade was a 9.31% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 23.73% of the company’s stock.

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.