JB Capital Partners LP Takes $2.78 Billion Position in Hallador Energy Company $HNRG

Posted by Stanley Muller on Aug 22nd, 2026

JB Capital Partners LP acquired a new stake in Hallador Energy Company (NASDAQ:HNRG – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 160,000 shares of the energy company’s stock, valued at approximately $2,782,400,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in Hallador Energy by 92.5% during the 4th quarter. Royal Bank of Canada now owns 1,413 shares of the energy company’s stock valued at $27,000 after purchasing an additional 679 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Hallador Energy in the 2nd quarter worth approximately $27,000. State of Wyoming bought a new position in shares of Hallador Energy during the second quarter valued at approximately $32,000. Summit Securities Group LLC bought a new position in shares of Hallador Energy during the first quarter valued at approximately $31,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Hallador Energy by 11,110.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,130 shares of the energy company’s stock valued at $34,000 after buying an additional 2,111 shares during the period. 61.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on HNRG shares. Northland Securities set a $28.00 price objective on shares of Hallador Energy in a research note on Tuesday, August 11th. Alliance Global Partners raised Hallador Energy to a “strong-buy” rating in a research report on Friday, August 14th. Weiss Ratings downgraded Hallador Energy from a “hold (c-)” rating to a “sell (d-)” rating in a report on Tuesday. Zacks Research lowered Hallador Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 12th. Finally, Wall Street Zen cut Hallador Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Hallador Energy currently has an average rating of “Moderate Buy” and an average price target of $25.12.

Get Our Latest Analysis on HNRG

Hallador Energy Trading Down 1.0%

NASDAQ HNRG opened at $15.38 on Friday. Hallador Energy Company has a 52 week low of $13.65 and a 52 week high of $24.70. The company has a 50 day moving average price of $16.25 and a 200 day moving average price of $17.18. The company has a quick ratio of 0.24, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm has a market cap of $725.01 million, a PE ratio of 769.00 and a beta of 0.25.

Hallador Energy (NASDAQ:HNRG – Get Free Report) last announced its earnings results on Monday, August 10th. The energy company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.20). Hallador Energy had a negative net margin of 0.20% and a negative return on equity of 0.52%. The firm had revenue of $101.51 million during the quarter, compared to analyst estimates of $90.33 million. As a group, sell-side analysts forecast that Hallador Energy Company will post -0.09 EPS for the current fiscal year.

Insider Buying and Selling at Hallador Energy

In other Hallador Energy news, Director Daniel Timothy Hudson bought 5,000 shares of Hallador Energy stock in a transaction that occurred on Thursday, July 9th. The shares were bought at an average cost of $16.58 per share, with a total value of $82,900.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at approximately $331,600. This represents a 33.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles Ray Iv Wesley purchased 15,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of $16.69 per share, with a total value of $250,350.00. Following the completion of the purchase, the director owned 338,469 shares of the company’s stock, valued at $5,649,047.61. The trade was a 4.64% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 35,000 shares of company stock valued at $589,170. Company insiders own 17.43% of the company’s stock.

Hallador Energy Profile

(Free Report)

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.