Hallador Energy (HNRG) Lost Over 6% This Week. Here is Why.

The share price of Hallador Energy Company (NASDAQ:HNRG) fell by 6.02% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

With its roots in oil and gas exploration, Hallador Energy Company (NASDAQ:HNRG) has evolved to concentrate on coal development and transportation delivery. The company has also been strategically shifting its focus from coal production to power production amid a tough outlook for fossil fuels in the US.

Hallador Energy Company (NASDAQ:HNRG) continues to plunge after it was announced recently that the company’s proposed deal to supply a ‘global data center developer’ with coal-fired power has fallen through. The agreement, signed in January, would have helped Hallador sell most of its produced energy and capacity at prices higher than the forward curve for over a decade.

Additionally, Hallador Energy Company (NASDAQ:HNRG) recently approved the Second Amended and Restated 2008 Restricted Stock Unit Plan, increasing its number of shares available for issuance by 2,000,000 and extending the plan’s term until May 29, 2035.

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Disclosure: None.