HALLADOR ENERGY CO (HNRG) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
HNRG currently has 46.5M outstanding shares. with limited dilution risk as only 3.64M additional shares (7.8%) are authorized for issuance. The company has significantly diluted shareholders by 39.25% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 06, 2026 |
10-Q filing | 46.5M shares outstanding |
47M | 3.6M |
| Mar 12, 2026 |
10-K filing | 43.4M shares outstanding |
43M | 6.7M |
| Jan 15, 2026 |
8-K filing: The Company completed an offering of 3,194,444 shares of common stock at a price of $17.5 per share, resulting in net proceeds of approximately $53.6 million after deducting underwriting discounts and commissions and other offering expenses. |
43M | 6.7M |
| Nov 10, 2025 |
10-Q filing | 43.4M shares outstanding |
43M | 6.7M |
| Aug 11, 2025 |
10-Q filing | 43.0M shares outstanding |
43M | 7.1M |
| May 12, 2025 |
10-Q filing | 42.6M shares outstanding |
43M | 7.5M |
| Mar 17, 2025 |
10-K filing | 39.5M shares outstanding |
40M | 11M |
| Nov 12, 2024 |
10-Q filing | 42.6M shares outstanding |
43M | 7.6M |
| Aug 07, 2024 |
10-Q filing | 42.6M shares outstanding |
43M | 7.6M |
| Jul 03, 2024 |
8-K filing: Hallador Energy Company exchanged convertible notes for 1,900,000 shares of common stock with ALJ Investment Company, LLC and 190,000 shares of common stock with Hallador Alternative Assets Fund, LLC on June 28, 2024. |
35M | 15M |
| May 07, 2024 |
10-Q filing | 34.8M shares outstanding |
35M | 15M |
| Mar 14, 2024 |
10-K filing | 33.1M shares outstanding |
33M | 17M |
| Nov 17, 2023 |
S-3/A filing: Hallador Energy Company is filing an S-3/A to offer common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, purchase contracts and units up to an aggregate offering price of $150,000,000. |
33M | 17M |
| Nov 17, 2023 |
S-3/A filing: This S-3/A filing relates to the resale from time to time by the selling shareholders of up to an aggregate of 5,262,635 shares of common stock. |
33M | 17M |
| Nov 06, 2023 |
10-Q filing | 33.1M shares outstanding |
33M | 23M |
| Aug 07, 2023 |
10-Q filing | 33.1M shares outstanding |
33M | 23M |
| Jul 19, 2023 |
S-3 filing: This S-3 filing relates to the resale of up to 5,262,635 shares of common stock by selling shareholders, including shares issuable upon conversion of convertible promissory notes. |
33M | 23M |
| Jul 19, 2023 |
S-3 filing: Hallador Energy Company files an S-3 to offer common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, purchase contracts and units up to an aggregate offering price of $150,000,000. |
33M | 23M |
| May 08, 2023 |
10-Q filing | 33.0M shares outstanding |
33M | 0 |
| Mar 16, 2023 |
10-K filing | 33.6M shares outstanding |
34M | 0 |
| Nov 14, 2022 |
10-Q filing | 33.0M shares outstanding |
33M | 0 |
| Aug 15, 2022 |
10-Q filing | 30.8M shares outstanding |
31M | 0 |
| Jun 15, 2022 |
8-K filing: Hallador Energy Company issued 1,859,111 shares of common stock upon conversion of convertible notes to four holders, including entities controlled by directors and an unrelated private equity firm. |
31M | 0 |
| May 23, 2022 |
10-Q filing | 30.8M shares outstanding |
31M | 0 |
| Mar 28, 2022 |
10-K filing | 30.8M shares outstanding |
31M | 0 |
| Nov 08, 2021 |
10-Q filing | 30.6M shares outstanding |
31M | 0 |
| Aug 09, 2021 |
10-Q filing | 30.6M shares outstanding |
31M | 0 |
| May 03, 2021 |
10-Q filing | 30.6M shares outstanding |
31M | 0 |
| Mar 09, 2021 |
10-K filing | 30.6M shares outstanding |
31M | 0 |
| Nov 02, 2020 |
10-Q filing | 30.5M shares outstanding |
30M | 0 |
| Aug 03, 2020 |
10-Q filing | 30.5M shares outstanding |
30M | 0 |
| May 11, 2020 |
10-Q filing | 30.4M shares outstanding |
30M | 0 |
| Mar 09, 2020 |
10-K filing | 30.4M shares outstanding |
30M | 0 |