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Hallador Energy (HNRG +8.5%) is initiated with a Buy rating at Brean Murray, which sees the...

Hallador Energy (HNRG +8.5%) is initiated with a Buy rating at Brean Murray, which sees the pure‐play Illinois Basin coal producer gaining on several favorable fundamental drivers. HNRG is "structurally well positioned in one of the most attractive domestic thermal coal basins, has lower costs than its peers, and trades at a more compelling valuation," the firm says.
Comments (1)
  • Chris Tynan
    , contributor
    Comments (17) | Send Message
     
    Well written report. Glad to see an analyst telling the $HNRG story. YTD production in Il Basin is up yoy vs. 2011 in the worst coal market in decades, HNRG is exceptionally well managed and is a low cost producer trading at a cheap multiple. What more can I say
    9 Oct 2012, 04:41 PM Reply Like
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