HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

KENNEDY CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000884589)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 62,197 Value ($000) $490 Avg Close $5.99 Range $4.41 - $8.70

Q3 2015

Shares 49,678 Value ($000) $345 Avg Close $7.41 Range $6.00 - $8.71

Q2 2015

Shares 49,862 Value ($000) $416 Avg Close $10.10 Range $7.58 - $12.23

Q4 2014

Shares 40,850 Value ($000) $450 Avg Close $11.20 Range $9.04 - $12.23

Q3 2014

Shares 94,356 Value ($000) $1,117 Avg Close $12.82 Range $9.50 - $14.35

Q2 2014

Shares 148,789 Value ($000) $1,412 Avg Close $9.01 Range $8.41 - $9.96

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	62,197	$490	$5.99	$4.41 - $8.70
Q3 2015	49,678	$345	$7.41	$6.00 - $8.71
Q2 2015	49,862	$416	$10.10	$7.58 - $12.23
Q4 2014	40,850	$450	$11.20	$9.04 - $12.23
Q3 2014	94,356	$1,117	$12.82	$9.50 - $14.35
Q2 2014	148,789	$1,412	$9.01	$8.41 - $9.96