Gray Zarrell Thomas

Director Gray Zarrell Thomas bought 9,000 shares of HNRG at $13.60 for $122,400 on 2025-04-10, continuing pattern of 5 prior well-timed buys.

Director Gray Zarrell Thomas purchased 9,000 shares at $13.60, expanding his holdings by 17.6% to 60,000 shares. This purchase continues a pronounced pattern at Hallador Energy: all 5 of his prior HNRG transactions (between August 22–29, 2024) proved well-timed on the 90-day horizon, with returns ranging from +88.5% to +125.2%. His cross-ticker track record also reflects strength—10 prior open-market buys averaged +23.7% return at 30 days and +82.7% at 90 days with a 90% win rate. The timing in the current purchase is notable: the stock has risen +35.8% over the past 30 days and is trading at -1.0% from its 52-week high of $13.49, suggesting the director is buying near recent strength. However, fundamental conditions remain challenging: the company reported full-year net loss, annual revenue contracted -36.3%, and the latest quarterly net income was only $1.6M on $105.0M revenue. Investors should weigh the director's demonstrated pattern of successful timing against the company's negative earnings trajectory.

Director Gray Zarrell Thomas bought 4,000 shares of HNRG at $6.94 avg across 3 purchases; stock -57.0% from 52-week high.

Director Gray Zarrell Thomas made 3 separate purchases totaling 4,000 shares for $27,750.00 at an average price of $6.94 between June and August 2024, expanding his holdings from 47,000 to 51,000 shares (+8.5%). The purchases occurred as the stock declined significantly, trading -57.0% from its 52-week high of $15.62 and -15.7% over the prior 30 days. Hallador Energy reported negative net income of $-10,204,000.00 in the latest quarter alongside revenue of $90,914,000.00 and a low P/E of 4.97. The director's prior trades at this ticker remain too recent to show measurable 90-day outcomes, limiting comparisons to his cross-ticker record of 7 prior buys. The timing of these purchases during a period of significant price depreciation and reported losses warrants examination of whether the director viewed valuations as attractive or whether other corporate developments informed the acquisitions.

Director Gray Zarrell Thomas bought 14,000 HNRG shares across 3 transactions on 2024-08-26 (14.0K shares, $88,983.50)

Gray Zarrell Thomas purchased 14,000 shares totaling $88,983.50 across 3 separate trades at prices ranging from $6.22 to $6.43, representing a 42.4% increase to his 47,000 share position. This buying activity follows a concentrated pattern: four of his five prior HNRG trades occurred within the preceding 14 days (2024-08-12, 2024-08-15, 2024-08-22, and today), suggesting active accumulation during a period when the stock has declined 18.9% over 90 days and 16.3% over 30 days. The broader context shows deteriorating fundamentals with net income of $-10,204,000.00 against revenue of $90,914,000.00, while the stock trades at -58.1% from its 52-week high of $15.62. His one completed 90-day outcome at this ticker yielded +15.8%, but given the current price of $6.54 remains below his recent blended purchase price of $6.36 and the company is actively unprofitable, investors should monitor whether this accumulation reflects conviction in a potential turnaround or merely continued exposure to a struggling operational environment.

Director Gray Zarrell Thomas bought 20,000 shares (20.0K shares) for $114,000.00 across 4 transactions at blended average $5.70

Gray Zarrell Thomas, a Director at Hallador Energy, executed 4 separate purchases totaling 20,000 shares for $114,000.00 over 11 calendar days (August 12–22, 2024), lifting his total holdings from 13,000 shares to 33,000 shares—a +153.8% increase. The purchases span a narrow price band ($5.40–$6.05), with the blended average of $5.70 notably below the current price of $6.25 (though still -60.0% below the 52-week high). Hallador's fundamentals show a loss of $-10.2M on revenue of $90.9M in the latest quarter, offset by strong annual revenue growth of +75.3%, making the underlying business trajectory mixed. The Director's cross-ticker track record shows a +10.5% average 30-day return on 5 prior buys, though this multi-transaction purchase at this ticker lacks measurable 90-day outcomes to assess execution timing against subsequent price movement.