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

Wexford Capital LP purchased a new stake in Hallador Energy (NASDAQ:HNRG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 68,525 shares of the energy company's stock, valued at approximately $785,000. Wexford Capital LP owned 0.16% of Hallador Energy at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asset Management L.P. grew its holdings in shares of Hallador Energy by 4,460.2% in the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after acquiring an additional 1,073,433 shares in the last quarter. Empyrean Capital Partners LP grew its holdings in shares of Hallador Energy by 71.0% in the 4th quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock valued at $15,171,000 after acquiring an additional 550,000 shares in the last quarter. Highland Peak Capital LLC bought a new position in shares of Hallador Energy in the 4th quarter valued at about $5,895,000. Apis Capital Advisors LLC grew its holdings in shares of Hallador Energy by 106.9% in the 4th quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company's stock valued at $10,282,000 after acquiring an additional 464,000 shares in the last quarter. Finally, Yaupon Capital Management LP bought a new position in shares of Hallador Energy in the 4th quarter valued at about $4,034,000. Institutional investors and hedge funds own 61.38% of the company's stock.

Insider Activity

In other Hallador Energy news, Director David C. Hardie sold 97,837 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $19.05, for a total transaction of $1,863,794.85. Following the completion of the transaction, the director now directly owns 139,089 shares in the company, valued at $2,649,645.45. The trade was a 41.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 32.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. B. Riley lifted their price target on Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Northland Capmk upgraded Hallador Energy to a "strong-buy" rating in a report on Monday, May 19th. Wall Street Zen cut Hallador Energy from a "buy" rating to a "hold" rating in a report on Wednesday. Finally, Northland Securities assumed coverage on Hallador Energy in a report on Monday, May 19th. They set an "outperform" rating and a $23.00 price target for the company. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Hallador Energy currently has an average rating of "Buy" and a consensus price target of $18.33.

Hallador Energy Stock Performance

Shares of NASDAQ:HNRG traded down $1.38 during trading on Friday, reaching $17.45. 2,098,763 shares of the stock were exchanged, compared to its average volume of 602,825. Hallador Energy has a 12 month low of $4.86 and a 12 month high of $19.71. The firm has a market cap of $749.93 million, a PE ratio of -31.73 and a beta of 0.42. The stock has a 50-day moving average price of $14.35 and a 200-day moving average price of $12.45. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16.

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

Hallador Energy Company Profile

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.