HNRG vs. ARLP
Compare and contrast key facts about Hallador Energy Company (HNRG) and Alliance Resource Partners, L.P. (ARLP).
Performance
HNRG vs. ARLP - Performance Comparison
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HNRG vs. ARLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HNRG Hallador Energy Company | -16.65% | 66.29% | 29.52% | -11.51% | 306.10% | 67.35% | -49.34% | -39.39% | -14.71% | -31.48% |
ARLP Alliance Resource Partners, L.P. | 21.66% | -2.45% | 39.91% | 18.83% | 73.34% | 195.75% | -56.80% | -28.90% | -1.90% | -4.04% |
Fundamentals
HNRG:
$684.30M
ARLP:
$3.54B
HNRG:
-$0.01
ARLP:
$2.42
HNRG:
6.70
ARLP:
1.61
HNRG:
4.28
ARLP:
1.92
HNRG:
$102.36M
ARLP:
$2.19B
HNRG:
$66.62M
ARLP:
$468.42M
HNRG:
$55.61M
ARLP:
$675.19M
Returns By Period
In the year-to-date period, HNRG achieves a -16.65% return, which is significantly lower than ARLP's 21.66% return. Over the past 10 years, HNRG has underperformed ARLP with an annualized return of 14.78%, while ARLP has yielded a comparatively higher 20.20% annualized return.
HNRG
- 1D
- -2.52%
- 1M
- -16.34%
- YTD
- -16.65%
- 6M
- -20.45%
- 1Y
- 30.72%
- 3Y*
- 19.97%
- 5Y*
- 51.78%
- 10Y*
- 14.78%
ARLP
- 1D
- -0.29%
- 1M
- 2.19%
- YTD
- 21.66%
- 6M
- 13.64%
- 1Y
- 12.95%
- 3Y*
- 24.41%
- 5Y*
- 50.44%
- 10Y*
- 20.20%
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Return for Risk
HNRG vs. ARLP — Risk / Return Rank
HNRG
ARLP
HNRG vs. ARLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hallador Energy Company (HNRG) and Alliance Resource Partners, L.P. (ARLP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HNRG | ARLP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.47 | 0.55 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.12 | 0.93 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.12 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.86 | 0.65 | +0.21 |
Martin ratioReturn relative to average drawdown | 1.77 | 1.40 | +0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HNRG | ARLP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.55 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 1.46 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.40 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.38 | -0.26 |
Correlation
The correlation between HNRG and ARLP is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HNRG vs. ARLP - Dividend Comparison
HNRG has not paid dividends to shareholders, while ARLP's dividend yield for the trailing twelve months is around 9.07%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNRG Hallador Energy Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.72% | 5.39% | 3.16% | 2.63% | 1.76% | 3.51% |
ARLP Alliance Resource Partners, L.P. | 9.07% | 11.19% | 10.65% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.54% | 8.85% | 19.74% |
Drawdowns
HNRG vs. ARLP - Drawdown Comparison
The maximum HNRG drawdown since its inception was -94.89%, roughly equal to the maximum ARLP drawdown of -90.52%. Use the drawdown chart below to compare losses from any high point for HNRG and ARLP.
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Drawdown Indicators
| HNRG | ARLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.89% | -90.52% | -4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -33.98% | -17.63% | -16.35% |
Max Drawdown (5Y)Largest decline over 5 years | -71.13% | -29.13% | -42.00% |
Max Drawdown (10Y)Largest decline over 10 years | -93.19% | -85.26% | -7.93% |
Current DrawdownCurrent decline from peak | -33.35% | -4.90% | -28.45% |
Average DrawdownAverage peak-to-trough decline | -45.18% | -24.43% | -20.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.49% | 8.23% | +8.26% |
Volatility
HNRG vs. ARLP - Volatility Comparison
Hallador Energy Company (HNRG) has a higher volatility of 21.59% compared to Alliance Resource Partners, L.P. (ARLP) at 7.14%. This indicates that HNRG's price experiences larger fluctuations and is considered to be riskier than ARLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HNRG | ARLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.59% | 7.14% | +14.45% |
Volatility (6M)Calculated over the trailing 6-month period | 47.30% | 16.03% | +31.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.60% | 23.50% | +42.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.92% | 34.67% | +38.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.45% | 50.46% | +18.99% |
Financials
HNRG vs. ARLP - Financials Comparison
This section allows you to compare key financial metrics between Hallador Energy Company and Alliance Resource Partners, L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HNRG vs. ARLP - Profitability Comparison
HNRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hallador Energy Company reported a gross profit of -149.58M and revenue of -265.16M. Therefore, the gross margin over that period was 56.4%.
ARLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alliance Resource Partners, L.P. reported a gross profit of 118.13M and revenue of 535.51M. Therefore, the gross margin over that period was 22.1%.
HNRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hallador Energy Company reported an operating income of -48.26M and revenue of -265.16M, resulting in an operating margin of 18.2%.
ARLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alliance Resource Partners, L.P. reported an operating income of 97.34M and revenue of 535.51M, resulting in an operating margin of 18.2%.
HNRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hallador Energy Company reported a net income of -42.35M and revenue of -265.16M, resulting in a net margin of 16.0%.
ARLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alliance Resource Partners, L.P. reported a net income of 82.67M and revenue of 535.51M, resulting in a net margin of 15.4%.