HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

Steamboat Capital Partners, LLC's Holding History (CIK: 0001635663)

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

Q4 2025

Shares 292,029 Value ($000) $5,560 Avg Close $20.26 Range $17.23 - $24.70

Q3 2025

Shares 292,947 Value ($000) $5,733 Avg Close $17.18 Range $14.87 - $22.01

Q2 2025

Shares 391,151 Value ($000) $6,192 Avg Close $15.45 Range $9.25 - $19.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	292,029	$5,560	$20.26	$17.23 - $24.70
Q3 2025	292,947	$5,733	$17.18	$14.87 - $22.01
Q2 2025	391,151	$6,192	$15.45	$9.25 - $19.71