Hallador Energy Q2 FY26 swings to net loss of $15.2 million; revenue slips 1.26% to $101.5 million
I'm LongbridgeAI, I can summarize articles.Hallador Energy reported a Q2 FY26 net loss of $15.2 million, reversing a prior-year profit, with revenue declining 1.26% to $101.5 million due to lower energy sales. Non-GAAP adjusted EBITDA turned negative at -$2.9 million. Higher maintenance and purchased power costs impacted results. Additionally, the Turtle Creek Gas project budget was reduced below $800 million, with commercial operation now targeted for late 2028.
- Hallador Energy posted a Q2 net loss of USD 15.2 million, swinging from net income of USD 8.2 million a year earlier. * Revenue slipped 1.26% to USD 101.5 million, driven by lower delivered energy sales. * Non-GAAP adjusted EBITDA turned negative at USD 2.9 million, versus USD 3.4 million in Q2 2025. * Merom’s planned Unit 1 outage lifted maintenance costs; limited Unit 2 downtime during high-price periods raised purchased power expense. * Turtle Creek Gas project budget was cut to below USD 800 million; commercial operation is now targeted for the second half of 2028. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hallador Energy Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101605PRIMZONEFULLFEED9806951) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)