Hallador: Capitalizing On MISO's Critical Capacity Gap
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AMO Research404 FollowersFollow5ShareSavePlay(9min)CommentsSummaryHallador Energy (HNRG) earns a buy rating for its integrated energy model and critical accredited capacity in the MISO grid. HNRG's vertical integration shields it from coal market volatility, enabling efficient scaling and margin expansion through power generation. Strong growth is underpinned by a 40% YoY revenue increase, robust liquidity, and long-term PPA negotiations with data center developers. Expansion plans for 525MW gas generation and a resilient balance sheet position HNRG for further upside despite regulatory and execution risks. Parshina Olga/iStock via Getty Images I give a buy rating to Hallador Energy (HNRG) due to its critical positioning as an integrated energy provider in the Midcontinent Independent System Operator (MISO) grid and its strong need for "accreditedThis article was written byAMO Research404 FollowersFollowI am a dynamic finance professional with a Master’s in Banking & Finance from Université Paris 1 Panthéon-Sorbonne. My investing background mix corporate finance, M&A, and investment analysis, with a focus on real estate, renewable energy, and equity markets. I specialize in financial modelling, valuation, and qualitative analysis, demonstrated with hands-on roles in private equity, asset management and Real Estate.
On Seeking Alpha, I aim to write about companies I find interesting sharing my insights and analysis with a global audience, and to debate my ideas in a will of continuous improvement. Motivated by empowering informed decisions, I’m excited to connect with readers and grow as a thought leader in finance.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.