BUZZ-Hallador shares surge after signing power contracts worth approximately 700 millions dollars
路透社2026/10/08 11:06On October 8, shares of power producer Hallador Energy (HNRG.O) rose 4.9% in pre-market trading to $14.32. The company announced it has signed a six-year capacity and power supply agreement with an investment-grade utility company, covering power supply from June 2029 to May 2035. These agreements are expected to generate approximately $700 millions in revenue over the contract period. With these agreements, the company’s total forward sales will increase to around $3 billions. The contracted capacity and power revenue is expected to rise from $46 per megawatt-hour in 2026 to $73 per megawatt-hour in 2030. As of the close of the previous trading day, HNRG had fallen 28.3% year-to-date.
October 8 - ** Shares of power producer Hallador Energy (HNRG.O) rose 4.9% in pre-market trading to $14.32
** The company said it has signed a six-year capacity and power supply agreement with an investment-grade utility, covering power supply from June 2029 to May 2035
** The company expects these agreements to generate about $700 million in revenue during the contract period
** Hallador Energy said these agreements will increase its total forward sales to approximately $3 billion
** The company expects contracted capacity and power revenue to rise from $46 per megawatt hour in 2026 to $73 per megawatt hour in 2030
** As of the previous trading day's close, HNRG has fallen 28.3% so far this year
(To assist non-native English speakers, Reuters has automated the translation of its reports into several other languages. Because automated translations may contain errors or lack needed context, Reuters does not guarantee the accuracy of the automated translation text, which is provided solely for reader convenience. Reuters assumes no responsibility for any harm or loss caused by use of the automated translation capability.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Updated version 2 - According to the Financial Times, Starbucks once considered acquiring Chipotle.
Additional details from the report were included. Reuters, October 8 – According to the Financial Times, citing people familiar with the matter on Thursday, Starbucks (SBUX.O) has explored the possibility of acquiring Chipotle Mexican Grill (CMG.N). If the deal materializes, it would merge two of the most well-known brands in the U.S. food industry and further deepen the connection between Starbucks CEO Brian Niccol and Chipotle—where Niccol established his reputation before running the coffee chain. The Financial Times, citing sources, reported that the coffee chain has been working with advisers in recent months to discuss a proposal to acquire Chipotle. Both Starbucks and Chipotle did not immediately respond to Reuters' requests for comment. Chipotle's market value is nearly $39 billion, its shares were up about 4% in early trading, while Starbucks' stock fell about 3%. According to data from LSEG, Starbucks' market value is around $107 billion. Niccol was hired to revitalize the coffee chain, and over the past two years, he has focused on enhancing customer experience by simplifying menus and reducing wait times, leading to same-store sales growth for four consecutive quarters. Meanwhile, the Mexican grill chain is facing the dual challenges of weakening consumer demand and rising input costs amid persistently high inflation. (For the convenience of non-native English speakers, Reuters automatically translates its reports into several other languages. Since automated translations may contain errors or miss important context, Reuters does not guarantee the accuracy of the automated text, which is provided solely for reader convenience. Reuters is not liable for any damages or losses resulting from the use of automated translation.)
