Rating Flow: FBR & Co. Reaffirms $12 Target On Hallador Energy (NASDAQ:HNRG), Reaffirms Outperform Rating

November 23, 2016 - By Hazel Jackson

Rating Flow: FBR & Co. Reaffirms $12 Target On Hallador Energy (NASDAQ:HNRG), Reaffirms Outperform Rating

Hallador Energy (NASDAQ:HNRG) Rating

Investment analysts at FBR & Co. have $12 target price on Hallador Energy (NASDAQ:HNRG). FBR & Co.’s target price means a potential upside of 35.29% from the company’s close price. The rating was released in a note on 23 November.

Hallador Energy Co (NASDAQ:HNRG) Ratings Coverage

Out of 2 analysts covering Hallador Energy (NASDAQ:HNRG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $10 is the highest target while $8 is the lowest. The $9 average target is 1.47% above today’s ($8.87) stock price. Hallador Energy has been the topic of 5 analyst reports since August 12, 2015 according to StockzIntelligence Inc. FBR Capital initiated Hallador Energy Co (NASDAQ:HNRG) rating on Friday, September 18. FBR Capital has “Outperform” rating and $9 price target. The firm earned “Outperform” rating on Thursday, October 13 by FBR Capital. Cowen & Co maintained Hallador Energy Co (NASDAQ:HNRG) rating on Wednesday, August 12. Cowen & Co has “Outperform” rating and $10 price target. The stock has “Outperform” rating given by FBR Capital on Tuesday, November 10. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Strong Sell”.

The stock increased 1.95% or $0.17 during the last trading session, hitting $8.87. Hallador Energy Co (NASDAQ:HNRG) has risen 78.47% since April 21, 2016 and is uptrending. It has outperformed by 73.14% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.6 in 2016 Q2. Its up 0.60, from 1 in 2016Q1. The ratio increased, as 18 funds sold all Hallador Energy Co shares owned while 19 reduced positions. 20 funds bought stakes while 17 increased positions. They now own 8.11 million shares or 7.84% less from 8.80 million shares in 2016Q1.

Cannell Peter B And Company Inc accumulated 0.03% or 159,350 shares. Parametric Port Lc holds 0% or 53,168 shares in its portfolio. Panagora Asset holds 15,643 shares or 0% of its portfolio. S&Co Inc accumulated 22,059 shares or 0.02% of the stock. Bridgeway Cap holds 0.01% of its portfolio in Hallador Energy Co (NASDAQ:HNRG) for 141,600 shares. State Street owns 10,851 shares or 0% of their US portfolio. Wells Fargo & Mn holds 0% of its portfolio in Hallador Energy Co (NASDAQ:HNRG) for 36,325 shares. Petrus Trust Com Lta holds 16,815 shares or 0.02% of its portfolio. Gsa Cap Partners Ltd Liability Partnership has 0.02% invested in the company for 87,740 shares. Babson Ltd Llc owns 56,201 shares or 0.01% of their US portfolio. Mraz Amerine And Associate holds 19,170 shares or 0.03% of its portfolio. Federated Inc Pa has 84 shares for 0% of their US portfolio. State Bank Of America De has 3,528 shares for 0% of their US portfolio. Northern Corporation last reported 140,274 shares in the company. Grt Capital Partners Limited Com accumulated 22,379 shares or 0.03% of the stock.

Insider Transactions: Since August 18, 2016, the stock had 1 buying transaction, and 1 sale for $873,250 net activity. Bilsland Brent K had sold 123,586 shares worth $880,168. STABIO VICTOR P had bought 1,153 shares worth $6,918 on Thursday, August 18.

Hallador Energy Company is an oil and gas exploration firm focused on developing coal reserves in the Illinois Basin. The company has a market cap of $259.61 million. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. It has a 15.63 P/E ratio. The Company’s projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.

According to Zacks Investment Research, “Hallador Energy Company, formerly known as Hallador Petroleum Company is engaged in the production of steam coal. The Company’s primary operating property is the Carlisle underground coal mine located in western Indiana. Hallador Energy Company is based in Denver, Colorado.”

HNRG Company Profile

Hallador Energy Company, incorporated on December 31, 1985, is an gas and oil exploration firm that is focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. The Firm also holds interest in Savoy Energy, L.P., which is an gas and oil exploration firm with activities in Michigan, and Sunrise Energy, LLC, which is a gas exploration firm with activities in Indiana. The Firm projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine. The Firm develops over 10 million tons of coal annually and has clients in the mid-west and southeastern United States. It has over 40.6 million tons of the Indiana coal V seam. In addition, the Company has over 69.3 million controlled tons in both Knox County, Indiana and Lawrence County, Illinois. The two Oaktown mines are separated by a sandstone channel. The coal seam thickness ranges from 4 feet to 9 feet. The Oaktown mines share the same wash plant, which is rated at over 1,600 tons per hour.

More news for Hallador Energy Co (NASDAQ:HNRG) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on October 08, 2010. Prnewswire.com‘s article titled: “Hallador Energy Company Announces Second Quarter 2016 Earnings Release and …” and published on July 25, 2016 is yet another important article.

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