HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

LAZARD ASSET MANAGEMENT LLC's Holding History (CIK: 0001207017)

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

Q4 2025

Shares 18,220 Value ($000) $347 Avg Close $20.26 Range $17.23 - $24.70

Q3 2022

Shares 4,956 Value ($000) $27 Avg Close $6.35 Range $4.95 - $7.95

Q2 2022

Shares 4,581 Value ($000) $24 Avg Close $4.83 Range $3.30 - $7.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,220	$347	$20.26	$17.23 - $24.70
Q3 2022	4,956	$27	$6.35	$4.95 - $7.95
Q2 2022	4,581	$24	$4.83	$3.30 - $7.70