Sign in

You're signed outSign in or to get full access.

Jay Yun

Research Analyst at Summit Ridge Capital Management

Jay Yoon is the Founder and Portfolio Manager at Summit Ridge Capital Management, a research-driven hedge fund specializing in identifying overvalued companies and exposing corporate misrepresentation. He has notably published research on companies such as Net 1 UEPS Technologies, leveraging a deep fundamental approach targeting short opportunities and event-driven value plays. Yoon began his career as an investment banker at Merrill Lynch, subsequently working in the private equity industry before launching Summit Ridge Capital Management, and brings over twelve years of Wall Street experience to his current role. He holds extensive investment expertise, though specific securities licenses or FINRA registrations are not detailed in public profiles.

Jay Yun's questions to HALLADOR ENERGY (HNRG) leadership

Question · Q4 2024

Jay Yun of Summit Ridge Capital Management questioned if pricing expectations for the data center deal still included a premium to forward curves, especially given increased competition from new entrants like OpenAI. He also asked about management's current confidence level in finalizing the deal and the nature of the financial commitments made by their partner.

Answer

CEO Brent Bilsland confirmed that Hallador still expects a premium to the forward curve, noting that increased competition from hyperscalers is putting upward pressure on economics, which benefits the company. He stated that he feels better about getting a deal done now than a few months ago, citing "material steps" and significant financial commitments made by their counterparty to both Hallador and other third parties involved in the transaction, which signals a high probability of success.

Ask follow-up questions

Fintool

Fintool can predict HALLADOR ENERGY logo HNRG's earnings beat/miss a week before the call