Hallador Energy Third Quarter 2022 Earnings: EPS: US$0.049 (vs US$0.26 in 3Q 2021)

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Hallador Energy (NASDAQ:HNRG) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$85.1m (up 6.6% from 3Q 2021).

  • Net income: US$1.61m (down 80% from 3Q 2021).

  • Profit margin: 1.9% (down from 10.0% in 3Q 2021). The decrease in margin was driven by higher expenses.

  • EPS: US$0.049 (down from US$0.26 in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hallador Energy Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 6.7% decline forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are up 14% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Hallador Energy (of which 1 can't be ignored!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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