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Hallador widens net loss in Q2'19

Hallador Energy Co. on Aug. 5 posted second-quarter 2019 net loss of $3.3 million, or negative 11 cents per share, compared with a net loss of $23,000 in the same quarter in 2018.

Revenue for the quarter totaled $72.3 million, up from $57.2 million a year ago.

The company sold 1.8 million tons of coal in the quarter, compared with 1.5 million tons in the same period a year earlier. The average sales price was $39.35 per ton, compared with $38.54 a year ago.