Hallador Energy (NASDAQ:HNRG) operates as a diversified energy provider focused primarily on the extraction and marketing of coal. Headquartered in Indianapolis, Indiana, the company concentrates on the production of steam and metallurgical coal used by electric utilities and industrial customers. Hallador Energy's operations trace back to its listing on the Nasdaq under the ticker HNRG and a corporate history that includes strategic acquisitions and mine development targeting the Illinois Basin and Powder River Basin regions.
The company’s core mining activities are conducted through its Carlisle Mine in western Indiana, where longwall and room-and-pillar mining techniques are employed to access Lower Kittanning seam coal. In addition to Indiana operations, Hallador Energy holds interests in Powder River Basin properties in Wyoming, expanding its geographical footprint and product mix. These assets enable Hallador Energy to supply both high-sulfur steam coal and low-sulfur thermal coal to a spectrum of power plants, while its metallurgical coal finds end users in steelmaking applications.
Complementing its mining portfolio, Hallador Energy oversees a logistics and rail transportation network that delivers coal directly to customers across the U.S. Midwest and mountain states. Its marketing organization works to secure long-term off-take agreements with utilities and industrial firms, ensuring steady demand. The company also engages in environmental management programs aimed at land reclamation, emission controls and regulatory compliance—a commitment that underpins its permitting processes and stakeholder relations.
Founded in the mid-2000s and once known as Cannon Power Group, Hallador Energy has evolved through a series of name changes, acquisitions and leadership transitions. The management team combines expertise in mining engineering, energy distribution and corporate governance, guided by a board of directors with decades of industry experience. As Hallador Energy advances its growth strategy, it remains focused on operational efficiency, safety performance and disciplined capital deployment within the coal mining sector.
