Magnolia Group Exits Position in Hallador Energy Co (HNRG)

Hallador Energy Co (HNRG) : Magnolia Group has sold out all of its stake in Hallador Energy Co during the most recent quarter, according to the disclosure filed by the company on Aug 9, 2016 with the SEC. The investment management company has sold out 397,605 shares of Hallador Energy Co which is valued at $2,139,115.

Other Hedge Funds, Including , Integral Derivatives added HNRG to its portfolio by purchasing 19,220 company shares during the most recent quarter which is valued at $98,599. Hallador Energy Co makes up approx 0.04% of Integral Derivatives’s portfolio. Cutler Group Lp added HNRG to its portfolio by purchasing 40 company shares during the most recent quarter which is valued at $185.

Hallador Energy Co opened for trading at $6.01 and hit $6.07 on the upside on Wednesday, eventually ending the session at $6.04, with a gain of 0.50% or 0.03 points. The heightened volatility saw the trading volume jump to 65,292 shares. Company has a market cap of $177 M.

Hallador Energy Company is a mining company. The Company through its wholly owned subsidiary Sunrise Coal LLC is engaged in coal mining in the state of Indiana serving the electric power generation industry. The Company also operates through its interest holding companies Savoy Energy L.P. which is an oil and gas exploration company with operations in Michigan and Sunrise Energy LLC a gas exploration company with operations in Indiana. The Company’s Carlisle underground coal mine is located near the town of Carlisle Indiana in Sullivan County. Its Ace mine is located 42 miles northeast of the Carlisle Mine. The Company’s Oaktown 1 Mine (underground) comprises 44 million tons controlled and rated proved and probable of the Indiana V seam. The Company has a multi-commodity truck/barge terminal on the Indiana bank of the Ohio River near the William Natcher Bridge between Rockport and Grandview Indiana.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *