HNRG vs TRP Stock Comparison

Hallador Energy and Tc Energy Prices as of Oct 26, 2026 Peers: Industry group
HNRG Hallador Energy Co
$10.99 -25.3% 1M -46.7% 1Y
Market cap
$518.11M
P/E
–
Revenue (TTM)
$452.10M
Div. yield
–
Independent Power Producers Utilities
2 wins
TRP Tc Energy Corp
$62.47 +6.3% 1M +23.9% 1Y
Market cap
$65.02B
P/E
26.4x
Revenue (TTM)
$11.24B
Div. yield
5.59%
Oil and Gas Pipelines Energy
6 wins

Head to Head

8 decided of 12

Tc Energy leads on 6 of the 12 questions below (Tc Energy 6, Hallador Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHNRGTRPLeader
Larger companyMarket capitalisation $518.11M $65.02B TRP
Cheaper on earningsLower P/E, profitable companies only -568.0x 26.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 24.8x –
Faster revenue growthRevenue growth, trailing twelve months +7.9% -1.0% HNRG
More profitableNet margin, trailing twelve months -0.2% 21.9% TRP
Better return on capitalReturn on invested capital — 12.4% –
Less leveragedLower net debt / EBITDA 2.4x 1.2x TRP
Higher dividend yieldTrailing dividend yield 0.00% 5.59% –
Better 1-year returnPrice return, last 12 months -46.7% +23.9% TRP
Better 5-year returnAnnualised price return, 5 years +27.6%/yr +2.8%/yr HNRG
Less volatileAnnualised volatility, 1 year 64.1% 19.7% TRP
Higher overall scoreMean of the five percentile scores vs peers 44/100 73/100 TRP

Percentile Scorecard

HNRGTRP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHNRGTRP
Valuation 58 #6 of 13 73 #4 of 12
Growth 33 #9 of 13 60 #5 of 11
Profitability 33 #9 of 13 100 #1 of 11
Financial Health 50 #7 of 13 91 #2 of 12
Shareholder Returns – 43 #5 of 8
Overall 44 73
  • HNRG ranked among 13 companies in Power Generation
  • TRP ranked among 12 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHNRGTRPSPY
1 month -25.3%+6.3% -0.8%
3 months -27.7%-8.6% +3.5%
6 months -32.9%+0.9% +7.0%
Year to date -42.3%+13.6% +12.2%
1 year -46.7%+23.9% +13.0%
3 years -23.9%+84.7% +86.3%
3 years, per year -8.7%+22.7% +23.1%
5 years +238.2%+14.7% +68.6%
5 years, per year +27.6%+2.8% +11.0%
10 years +22.8%+36.1% +258.0%
10 years, per year +2.1%+3.1% +13.6%

Risk

MeasureHNRGTRPSPY
Volatility, 1Y 64.1%19.7% 12.7%
Downside volatility, 1Y 65.1%18.6% 12.7%
Beta vs S&P 500, 1Y 1.71-0.06 1.00
Return / volatility, 1Y -0.731.21 1.02
Max drawdown, 5Y -71.1%-44.3% -25.4%
From 52-week high -53.8%-11.9% -1.8%
52-week high $23.81$70.91 $779.14
52-week low $10.99$49.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHNRGTRP
P/E now vs peer median -568.0xmedian 23.4x 26.4xmedian 17.3x
P/S now vs peer median 1.1xmedian 2.9x 5.8xmedian 3.5x
EV/EBITDA now vs peer median 92.2xmedian 12.5x 8.5xmedian 10.9x
P/FCF now vs peer median -10.3xmedian 6.8x 6.7xmedian 13.6x
P/B now vs peer median 2.7xmedian 2.7x 3.3xmedian 2.1x
PEG now vs peer median 21.68median 0.10 0.56median 1.88

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHNRGTRP
Revenue $452.10M $11.24B
Gross profit – $11.08B
Operating income $16.94M $6.82B
Net income -$912.00K $2.94B
Free cash flow -$50.46M $9.65B
R&D $468.00K –
EPS (diluted) $-0.02 $2.37
Cash & equivalents $28.98M $1.46B
Total debt $158.45M $11.91B
Shares (diluted) 47.13M 1.04B
Enterprise value $429.62M $67.94B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHNRGTRP
P/E -568.0x 26.4x
P/FCF -10.3x 6.7x
P/Operating cash flow 18.5x 10.5x
P/S 1.1x 5.8x
P/B 2.7x 3.3x
P/Tangible book 2.7x 3.3x
EV/EBITDA 92.2x 8.5x
EV/EBIT 31.4x 11.1x
EV/Revenue 1.2x 6.7x
EV/FCF -10.5x 7.8x
EV/Operating cash flow 19.0x 12.2x
PEG (3Y EPS CAGR) 21.68 0.56

Growth

14 metrics
MetricHNRGTRP
Revenue growth (1Y) 7.9% -1.0%
Revenue CAGR (3Y) -8.3% –
Gross profit growth (1Y) – -1.1%
Gross profit CAGR (3Y) – –
Operating income growth (1Y) 109.0% -10.0%
Operating income CAGR (3Y) -43.0% –
Net income growth (1Y) 99.5% -17.9%
Net income CAGR (3Y) -26.2% 52.5%
EPS growth (1Y) 99.6% -19.4%
EPS CAGR (3Y) -26.2% 47.4%
Operating cash flow growth (1Y) -63.1% 14.6%
Operating cash flow CAGR (3Y) -34.2% 4.4%
Free cash flow growth (1Y) -295.8% -1.1%
Free cash flow CAGR (3Y) -50.2% -5.1%

Profitability

14 metrics
MetricHNRGTRP
Gross margin – 98.5%
EBITDA margin 1.3% 78.8%
Operating margin 3.7% 60.7%
Pretax margin -0.2% 34.9%
Net margin -0.2% 21.9%
FCF margin -11.2% 85.9%
Operating cash flow margin 6.2% 55.2%
Return on equity 0.5% 12.6%
Return on assets 0.2% –
Return on invested capital – 12.4%
Return on capital employed 6.8% –
Asset turnover 1.0x –
Cash conversion (OCF / net income) -30.7x 2.1x
Stock comp / revenue 1.0% 0.0%

Financial Health

11 metrics
MetricHNRGTRP
Debt / assets 9.2% –
Debt / equity 0.2x 0.6x
Net debt / EBITDA 2.4x 1.2x
Debt / FCF -0.9x 1.2x
Liabilities / assets 59.3% –
Equity / assets 40.7% –
Interest coverage 1.0x 2.8x
Current ratio 0.7x –
Quick ratio 0.2x –
Cash ratio 0.1x –
Altman Z-score 1.85 –

Shareholder Returns

7 metrics
MetricHNRGTRP
Dividend yield – 5.6%
Net buyback yield -10.4% -0.1%
Shareholder yield -10.4% 5.5%
Payout ratio (earnings) – 87.7%
Payout ratio (FCF) – 26.7%
Dividend growth (1Y) – 3.8%
Dividend CAGR (3Y) – -8.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHNRGTRP
Forward P/E – 24.8xFY2026
EPS, next fiscal year $-0.35FY2026 $2.52FY2026
EPS growth, next FY -136.5%FY2026 -1.6%FY2026
EPS growth, the year after – +15.5%
Revenue, next fiscal year $474.13MFY2026 $10.81BFY2026
Revenue growth, next FY +1.0%FY2026 -2.6%FY2026
Revenue growth, the year after +7.3% +4.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHNRGTRP
Held by institutions 76.3% 65.7%
Institutions holding 171 696
Change in shares held, QoQ +5.2% -5.0%
Institutions buying 86 328
Institutions selling 52 216
Buyers to sellers 1.65 1.52

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HNRGTRP
HNRG 1.00 0.01
TRP 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HNRG and TRP?

Tc Energy (TRP) is the largest by market capitalisation: Hallador Energy (HNRG) $518.11M, Tc Energy (TRP) $65.02B.

Which company is growing faster?

Hallador Energy (HNRG) grew revenue fastest over the trailing twelve months: Hallador Energy (HNRG) +7.9%, Tc Energy (TRP) -1.0%.

Which company is more profitable?

Tc Energy (TRP) has the highest net margin (Hallador Energy (HNRG) -0.2%, Tc Energy (TRP) 21.9%).

Which stock has performed better?

Over the past year Tc Energy (TRP) returned the most: Hallador Energy (HNRG) -46.7%, Tc Energy (TRP) +23.9%. Over five years, Hallador Energy (HNRG) compounded fastest (Hallador Energy (HNRG) +27.6%/yr, Tc Energy (TRP) +2.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hallador Energy (HNRG) 0.00%, Tc Energy (TRP) 5.59%. Hallador Energy (HNRG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Tc Energy (TRP) has been the steadiest (Hallador Energy (HNRG) 64.1%, Tc Energy (TRP) 19.7%). Volatility measures how widely the price swings, not the risk of the business.

Do HNRG and TRP move together?

Their daily returns over the past year have a correlation of 0.01, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HNRG and TRP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tc Energy (TRP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.