| Hallador Energy is engaged in the coal mining in the State of Indiana through its wholly-owned subsidiary, Sunrise Coal, LLC, serving the electric power generation industry. Co. also owns certain interests in Sunrise Energy, LLC, a private gas exploration company with operations in Indiana. Co.'s operating segment includes the Oaktown underground mines located in southwestern Indiana. We show 52 historical shares outstanding datapoints in our HNRG shares outstanding history coverage, used to compute HNRG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HNRG market cap history over the course of time is important for investors
interested in comparing HNRG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HNRG versus a peer is one thing; comparing
HNRG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HNRG can fluctuate over the course of history.
With this page we aim to empower investors researching HNRG by allowing them to research the HNRG market cap history.