Small Cap
Independent Power Producers
Stocks Ranked by
Market Capitalization
| Name | Market cap | Price |
Price change % |
|
|---|---|---|---|---|
1
Hallador Energy
HNRG
$552M
| $552M | $11.71 | 7.87% |
|
2
Digi Power X Inc
DGXX
$266M
| $266M | $2.62 | 6.09% |
|
Small Cap Independent Power Producers Stocks at a Glance
Independent power producers own merchant generation and sell electricity into wholesale and retail markets. Unlike regulated utilities, earnings ride power prices — set by fuel costs, weather, and capacity balances — making them the leveraged, higher-beta corner of the utility space.
There are 2 small cap Independent Power Producers stocks — companies in the Independent Power Producers industry with a market cap between $250M and $2B — worth a combined $818M.
The largest by market cap are Hallador Energy (HNRG) at $552M and Digi Power X Inc (DGXX) at $266M.
Among institutional investors, Digi Power X Inc (DGXX) drew the most net new fund positions in Q2 2026: 44 funds opened new positions, taking total fund holders up 34 (57%) quarter-over-quarter.
- Combined market cap: $818M across 2 stocks.
- Small Cap: market cap between $250M and $2B.
- Largest constituent: Hallador Energy (HNRG), $552M market cap.
- Most net new fund positions in Q2 2026: Digi Power X Inc (DGXX), +34 holders.
Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.