Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Europe, and Asia. The company operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Energy Services. It resells electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States, as well as in the United Kingdom, Japan, and Finland. The company also engages in the provision of energy advisory and brokerage services; and solar panel manufacturing, and solar installation design, and project management activities. In addition, it provides contracted drilling services. Genie Energy Ltd. is headquartered in Newark, New Jersey.
IPO Year: 2011
Exchange: NYSE
Website: genie.com
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
Newark, NJ, May 06, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter. "At GRE, the significant investments we made in 2024 to expand our customer base drove a year-over-year increase of over 48,000 net new meters. We ended the quarter with approximately 413,000 meters served comprising 402,000 RCEs. Customer base gro
NEWARK, NJ, April 23, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2025 on Tuesday, May 6, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will begin w
Fourth quarter Adjusted EBITDA1 of $11.1 million Full-year 2024 Adjusted EBITDA of $48.5 million achieves high end of guidance GRE adds over 60,000 net meters in 2024, expanding customer base 17% Newark, NJ, March 10, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the fourth quarter and full year ended December 31, 2024. Michael Stein, CEO Commentary "Genie finished 2024 with a solid fourth quarter across both our retail and renewables businesses, even as we continued to invest significantly in growth initiatives. For the full year, we achieved the high end of our Adjusted EBITDA gu
NEWARK, NJ, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2024 on Monday, March 10, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call
Newark, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: "Our third quarter featured strong operational and financial results consistent with our performance in recent quarters. We are on track to deliver the high end of our full year Adjusted EBITDA guidance of $40 to $50 million. "At GRE, our retail energy business, we added 36,000 net new meters during the quarter driven by organic sales activity and a large aggregation deal. Electricity and gas margins remained rob
NEWARK, NJ, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2024 on Wednesday, November 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will
Newark, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: "Our solid second quarter results reflect the investments in meter and RCE growth we made in the first half of last year, combined with a stable, normalized retail energy environment. We also delivered a solid performance at Genie Renewables, where Diversegy and our operational solar farms helped drive 7% revenue growth and over 700 basis points of gross margin expansion. "Our strong performance over
NEWARK, NJ, July 17, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the second quarter of 2024 on Tuesday, August 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The ca
Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA1 of $11.7 Million and Earnings per Diluted Share of $0.30 Repurchased 250,000 Shares of Class B Common Stock Newark, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: "We reported record first quarter revenue and gross profits, led by Genie Retail Energy,
NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call
Newark, NJ, May 06, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter. "At GRE, the significant investments we made in 2024 to expand our customer base drove a year-over-year increase of over 48,000 net new meters. We ended the quarter with approximately 413,000 meters served comprising 402,000 RCEs. Customer base gro
NEWARK, NJ, April 23, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2025 on Tuesday, May 6, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will begin w
Fourth quarter Adjusted EBITDA1 of $11.1 million Full-year 2024 Adjusted EBITDA of $48.5 million achieves high end of guidance GRE adds over 60,000 net meters in 2024, expanding customer base 17% Newark, NJ, March 10, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the fourth quarter and full year ended December 31, 2024. Michael Stein, CEO Commentary "Genie finished 2024 with a solid fourth quarter across both our retail and renewables businesses, even as we continued to invest significantly in growth initiatives. For the full year, we achieved the high end of our Adjusted EBITDA gu
NEWARK, NJ, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2024 on Monday, March 10, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call
NEWARK, NJ , Dec. 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today provided an update on its consumer insurance initiative. Earlier his year, the company announced an initiative to expand its consumer products portfolio with insurance offerings, and formed a wholly-owned, "captive" self-insurance subsidiary to enhance the Company's risk management strategy. "To date, we have secured insurance broker licenses in seven key states and begun to offer third-party insurance solutions through our existing sales channels to our customer base," said Genie's CEO, Michael Stein. "We expect the economics of our offerin
NEWARK, NJ, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a retail energy and renewable energy solutions provider, today announced that it has closed on a loan financing on a portfolio of operating solar generation assets. The $7.4 million fixed rate term loan secured through National Cooperative Bank (NCB) provides project financing for a solar array portfolio rated for an aggregate 10MW. The arrays, which Genie purchased through its Sunlight Energy subsidiary during the past year, provide power to educational facilities in three Midwestern states through direct fixed-price solar power purchase agreements (PPAs). Michael Stein, CEO of Genie Energy, commented, "I am ve
Newark, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: "Our third quarter featured strong operational and financial results consistent with our performance in recent quarters. We are on track to deliver the high end of our full year Adjusted EBITDA guidance of $40 to $50 million. "At GRE, our retail energy business, we added 36,000 net new meters during the quarter driven by organic sales activity and a large aggregation deal. Electricity and gas margins remained rob
NEWARK, NJ, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2024 on Wednesday, November 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will
Newark, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: "Our solid second quarter results reflect the investments in meter and RCE growth we made in the first half of last year, combined with a stable, normalized retail energy environment. We also delivered a solid performance at Genie Renewables, where Diversegy and our operational solar farms helped drive 7% revenue growth and over 700 basis points of gross margin expansion. "Our strong performance over
NEWARK, NJ, July 17, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the second quarter of 2024 on Tuesday, August 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The ca
8-K - Genie Energy Ltd. (0001528356) (Filer)
8-K - Genie Energy Ltd. (0001528356) (Filer)
DEF 14A - Genie Energy Ltd. (0001528356) (Filer)
10-K - Genie Energy Ltd. (0001528356) (Filer)
8-K - Genie Energy Ltd. (0001528356) (Filer)
8-K - Genie Energy Ltd. (0001528356) (Filer)
S-8 - Genie Energy Ltd. (0001528356) (Filer)
8-K - Genie Energy Ltd. (0001528356) (Filer)
8-K - Genie Energy Ltd. (0001528356) (Filer)
10-Q - Genie Energy Ltd. (0001528356) (Filer)
SC 13D/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13G/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13G - Genie Energy Ltd. (0001528356) (Subject)
SC 13D/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13D/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13D/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13G/A - Genie Energy Ltd. (0001528356) (Subject)
SC 13G - Genie Energy Ltd. (0001528356) (Subject)