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Small Cap
Independent Power Producers
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
HNRG icon
1
Hallador Energy
HNRG
$494M
$494M $10.48 3.41%

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 is 1 small cap Independent Power Producers stock — a company in the Independent Power Producers industry with a market cap between $250M and $2B — worth a combined $494M.

The largest by market cap is Hallador Energy (HNRG) at $494M.

  • Combined market cap: $494M across 1 stock.
  • Small Cap: market cap between $250M and $2B.
  • Largest constituent: Hallador Energy (HNRG), $494M market cap.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.