Hallador Energy (HNRG) and CNX Coal Resources (NYSE:CNXC) Financial Survey

Hallador Energy (NASDAQ: HNRG) and CNX Coal Resources (NYSE:CNXC) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitabiliy, valuation, earnings, institutional ownership and risk.

Volatility and Risk

Hallador Energy has a beta of -0.61, suggesting that its share price is 161% less volatile than the S&P 500. Comparatively, CNX Coal Resources has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.

Dividends

Hallador Energy pays an annual dividend of $0.16 per share and has a dividend yield of 2.2%. CNX Coal Resources pays an annual dividend of $2.05 per share and has a dividend yield of 12.3%. Hallador Energy pays out 35.6% of its earnings in the form of a dividend. CNX Coal Resources pays out 134.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Hallador Energy and CNX Coal Resources, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hallador Energy	0	0	1	0	3.00
CNX Coal Resources	0	1	5	0	2.83

Hallador Energy currently has a consensus price target of $11.00, indicating a potential upside of 54.28%. CNX Coal Resources has a consensus price target of $21.20, indicating a potential upside of 27.33%. Given Hallador Energy’s stronger consensus rating and higher probable upside, equities analysts plainly believe Hallador Energy is more favorable than CNX Coal Resources.

Earnings & Valuation

This table compares Hallador Energy and CNX Coal Resources’ revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	EBITDA	Earnings Per Share	Price/Earnings Ratio
Hallador Energy	$268.17 million	0.78	$78.09 million	$0.45	15.84
CNX Coal Resources	$301.84 million	1.29	$87.51 million	$1.52	10.95

CNX Coal Resources has higher revenue and earnings than Hallador Energy. CNX Coal Resources is trading at a lower price-to-earnings ratio than Hallador Energy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Hallador Energy and CNX Coal Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hallador Energy	5.06%	13.69%	5.62%
CNX Coal Resources	11.26%	22.82%	7.17%

Institutional & Insider Ownership

56.0% of Hallador Energy shares are held by institutional investors. Comparatively, 60.8% of CNX Coal Resources shares are held by institutional investors. 55.7% of Hallador Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

CNX Coal Resources beats Hallador Energy on 12 of the 16 factors compared between the two stocks.

About Hallador Energy

Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine. It develops over 10 million tons of coal annually and has customers in the mid-west and southeastern United States. It has over 40.6 million tons of the Indiana coal V seam. It also has over 69.3 million controlled tons in both Knox County, Indiana and Lawrence County, Illinois. Its Carlisle underground coal mine is located near the town of Carlisle, Indiana in Sullivan County. The Ace mine is located approximately 40 miles northeast of the Carlisle Mine. Its Bulldog Mine controls over 35.8 million tons of coal reserves.

About CNX Coal Resources

CNX Coal Resources LP is a producer of high-British thermal units (Btu) thermal coal in the Northern Appalachian Basin and the eastern United States. It is engaged in the management and development of coal operations of CONSOL Energy Inc. (CONSOL Energy) in Pennsylvania. It holds interest in, and operational control over, CONSOL Energy’s Pennsylvania Mining Complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. The Pennsylvania Mining Complex includes the Bailey Mine, the Enlow Fork Mine and the Harvey Mine. It mines its reserves from the Pittsburgh Number eight Coal Seam, which is a contiguous formation of uniform, Btu thermal coal. Its Bailey Mine is located in Enon, Pennsylvania. Its Enlow Fork Mine is located directly north of the Bailey Mine. Its Harvey Mine is located directly east of the Bailey and Enlow Fork Mines.