Hallador Energy is surging today following the company's announcement on the morning of October 8 that its subsidiary, Hallador Power Company, finalized six-year capacity and energy agreements. This $700 million deal, which guarantees deliveries from the Merom Generating Station through May 2035, brings the company's total forward sales to $3 billion. While analysts at Northland Securities lowered their third-quarter earnings per share estimates on October 6, the market has reacted positively to the significant long-term revenue visibility provided by the new power contracts.