** Hallador Energy's HNRG.O shares down 7.3% post-market to $19.12 as co looks to raise equity

** Terre Haute, Indiana-based electricity and coal producer announces $50 mln stock offering

** Co intends to use net offering proceeds for general corporate purposes, including funding certain initial financial commitments to reserve equipment necessary to support its additional natural gas generating facility

** Board members Zarrell Gray and Charles R. Wesley, IV indicated interest to buy up to $1.25 mln of offering shares, per the prospectus

** Texas Capital Securities sole bookrunner

** Co has ~43.8 mln shares outstanding for roughly $900 mln market cap

** Shares ended up 1.6% at $20.62 on Tues, and have gained about 75% over the past months

** 3 analysts rate the stock "buy", 1 has "hold"; median PT $27, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))