Why Hallador Energy Company (HNRG) Stock is Gaining This Week
From Yahoo Finance: 2025-04-13 14:58:00
President Trump’s tariff war has hit the energy industry hard, causing a decline of 8% in the last five days. Global crude oil prices have dropped 22% this year, hovering around $60 per barrel. The US coal sector has received special attention with orders to increase production, sparking environmental concerns and doubts about demand.
Hallador Energy Company (HNRG) has seen a stock surge of 45% in the last month, driven by strong financial performance and President Trump’s push to boost coal production. Recent insider buying activity has also contributed to the stock’s rise. HNRG ranks 4th in the list of energy stocks that gained the most this week, but AI stocks may hold greater promise for higher returns.
In the energy sector, Hallador Energy Company (HNRG) has shifted focus to coal development and transportation delivery from oil and gas exploration roots. The company’s revenue of $404.4 million for FY 2024 exceeded estimates by $3.32 million. Director Wesley Charles Ray IV recently purchased $103,978 worth of company shares, further boosting investor confidence in HNRG’s potential.
Read more: Why Hallador Energy Company (HNRG) Stock is Gaining This Week