| CUSTOMER-A |
CUSTOMER-A |
90%
|
Customer A Coal Operations $ 48,983 $ 54,593 10.4 % 13.5 % |
| CUSTOMER-A-COAL-OPERATIONS |
CUSTOMER-A-COAL-OPERATIONS |
90%
|
Customer A Coal Operations $ 48,983 $ 54,593 10.4 % 13.5 % |
| CUSTOMER-A-ELECTRIC-OPERATIONS |
CUSTOMER-A-ELECTRIC-OPERATIONS |
90%
|
Customer A Electric Operations $ 110,006 $ 123,504 23.4 % 30.6 % |
| CUSTOMER-B |
CUSTOMER-B |
90%
|
Customer B Coal Operations $ 64,799 $ 43,394 13.8 % 10.7 % |
| CUSTOMER-B-COAL-OPERATIONS |
CUSTOMER-B-COAL-OPERATIONS |
90%
|
Customer B Coal Operations $ 64,799 $ 43,394 13.8 % 10.7 % |
| CUSTOMER-B-ELECTRIC-OPERATIONS |
CUSTOMER-B-ELECTRIC-OPERATIONS |
90%
|
Customer B Electric Operations $ 47,248 $ — 10.1 % — % |
| CUSTOMER-C |
CUSTOMER-C |
90%
|
Customer C Electric Operations $ — $ 51,639 — % 12.8 % |
| CUSTOMER-C-ELECTRIC-OPERATIONS |
CUSTOMER-C-ELECTRIC-OPERATIONS |
90%
|
Customer C Electric Operations $ — $ 51,639 — % 12.8 % |
| MEROM-POWER-PLANT |
MEROM-POWER-PLANT |
90%
|
Hallador Power sells accredited capacity to utilities and other energy market participants within the MISO system through Power Purchase Agreements ("PPA") and other bilateral transactions. |
| DUK-PA |
Duke Energy Corporation |
85%
|
face. The pillars can constitute up to 50% of the total coal in a seam. 16 Table of Contents Significant third-party customers in 2025 include Vectren Corporation, a wholly-owned subsidiary of Center… |
| DUK-PA |
Duke Energy Corporation |
85%
|
Reciprocal relationship from DUK-PA graph: Reciprocal relationship from HNRG graph: Reciprocal relationship from DUK-PA graph: Reciprocal relationship from HNRG graph: face. The pillars can constitut… |
| BTU |
Peabody Energy Corporation |
72%
|
Indiana. As of December 31, 2025, we are committed to supplying third-party customers a base amount of 5.7 million tons of coal through 2028. We are committed to supplying coal to Merom a base amount… |
| BTU |
Peabody Energy Corporation |
72%
|
Reciprocal relationship from BTU graph: Reciprocal relationship from HNRG graph: Reciprocal relationship from BTU graph: Reciprocal relationship from HNRG graph: Indiana. As of December 31, 2025, we … |
| FISI |
Financial Institutions, Inc. |
72%
|
Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit at financial institutions, including highly liquid investments with original maturities of three months or less… |
| FISI |
Financial Institutions, Inc. |
72%
|
Reciprocal relationship from FISI graph: Reciprocal relationship from HNRG graph: Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit at financial institutions, in… |
| B-RILEY-SECURITIES-INC |
B-RILEY-SECURITIES-INC |
62%
|
ficer, reviews and assesses operating performance measures related to our Electric Operations and our Coal Operations segments. Our Electric Operations segment includes the electric power generatio… |
| CITADEL-ENERGY-MARKETING-LLC |
CITADEL-ENERGY-MARKETING-LLC |
62%
|
energy markets adheres to relevant market rules and regulations. We receive regular risk reports and settlement statements, which our internal teams review to confirm accuracy and compliance with our… |
| HOOSIER-ENERGY-RURAL-ELECTRIC-COOPERATIVE-INC |
HOOSIER-ENERGY-RURAL-ELECTRIC-COOPERATIVE-INC |
62%
|
energy markets adheres to relevant market rules and regulations. We receive regular risk reports and settlement statements, which our internal teams review to confirm accuracy and compliance with our… |
| LUBAR-OPPORTUNITIES-FUND-I-LLC |
LUBAR-OPPORTUNITIES-FUND-I-LLC |
62%
|
of fixed lease payments over the expected term of the lease agreement. The expected term of the lease may include options to extend or terminate the lease when it is reasonably certain that we will e… |
| OAKTOWN-GAS-LLC |
OAKTOWN-GAS-LLC |
62%
|
or any of our officers or other authorized persons acting on our behalf. OVERVIEW General Hallador is a vertically integrated, independent power producer (“IPP”) and fuel company with operations prim… |
| OAKTOWN-GAS-LLC-OAKTOWN-GAS-LLC |
OAKTOWN-GAS-LLC-OAKTOWN-GAS-LLC |
62%
|
of fixed lease payments over the expected term of the lease agreement. The expected term of the lease may include options to extend or terminate the lease when it is reasonably certain that we will e… |
| SUNRISE-COAL-LLC |
SUNRISE-COAL-LLC |
62%
|
Item 16. Form 10-K Summary 96 4 Table of Contents PART I ITEM 1. BUSINESS. Hallador Energy Company (“Hallador” or the “Company”) is a vertically integrated, independent power producer (“I… |
| SUNRISE-ENERGY-LLC |
SUNRISE-ENERGY-LLC |
62%
|
Item 16. Form 10-K Summary 96 4 Table of Contents PART I ITEM 1. BUSINESS. Hallador Energy Company (“Hallador” or the “Company”) is a vertically integrated, independent power producer (“I… |
