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
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NEWARK, NJ, April 07, 2026 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE) (the "Company"), a leading retail energy and renewable energy solutions provider, announced today that it had received notice from the New York Stock Exchange ("NYSE") on April 1, 2026 ("the NYSE Notice") that it is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to a delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC"). The Company determined that it would not be able to file the Form 10-K within the 15-day extension period under Rule 12b-25 without unreasonable effort or
Newark, NJ, March 19, 2026 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today provided an update on its fourth quarter and full year 2025, including select unaudited, preliminary financial results, as well as financial guidance for 2026. As disclosed on the 8-K filed on March 12, 2026, the Audit Committee of the Company's Board of Directors, in consultation with the Company's management and independent registered public accounting firm, has concluded that the Company's previously issued financial statements for the years ended December 31, 2024 and December 31, 2023 as well as the interim quarterly reports for 2024 and
Newark, NJ , Nov. 03, 2025 (GLOBE NEWSWIRE) -- : Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Genie Energy achieved another quarter of double-digit topline growth to attain record third quarter revenue. The revenue increase was fueled by an increase in per meter electricity consumption, rising commodity prices, and RCE base growth at Genie Retail Energy (GRE). However, the challenging market conditions that impacted GRE's second quarter results persisted and again weighed on our bottom-line. "At GRE, we continued
NEWARK, NJ, Oct. 17, 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 third quarter of 2025 on Monday, November 3, 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 begi
Newark, NJ, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Our second quarter yielded mixed results with solid operational progress and double-digit topline growth, while significant margin compression at GRE weighed on our bottom-line. "At GRE, we expanded our customer base in the second quarter to approximately 419,000 meters served comprising 414,000 RCEs, representing year-over-year growth of 15% and 20% in meters and RCE's, respectively. GRE's financial results were impacted
NEWARK, NJ, July 29, 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 second quarter of 2025 on Thursday, August 7, 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 beg
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
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Newark, NJ, March 19, 2026 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today provided an update on its fourth quarter and full year 2025, including select unaudited, preliminary financial results, as well as financial guidance for 2026. As disclosed on the 8-K filed on March 12, 2026, the Audit Committee of the Company's Board of Directors, in consultation with the Company's management and independent registered public accounting firm, has concluded that the Company's previously issued financial statements for the years ended December 31, 2024 and December 31, 2023 as well as the interim quarterly reports for 2024 and
Newark, NJ , Nov. 03, 2025 (GLOBE NEWSWIRE) -- : Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Genie Energy achieved another quarter of double-digit topline growth to attain record third quarter revenue. The revenue increase was fueled by an increase in per meter electricity consumption, rising commodity prices, and RCE base growth at Genie Retail Energy (GRE). However, the challenging market conditions that impacted GRE's second quarter results persisted and again weighed on our bottom-line. "At GRE, we continued
NEWARK, NJ, Oct. 17, 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 third quarter of 2025 on Monday, November 3, 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 begi
Newark, NJ, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Our second quarter yielded mixed results with solid operational progress and double-digit topline growth, while significant margin compression at GRE weighed on our bottom-line. "At GRE, we expanded our customer base in the second quarter to approximately 419,000 meters served comprising 414,000 RCEs, representing year-over-year growth of 15% and 20% in meters and RCE's, respectively. GRE's financial results were impacted
NEWARK, NJ, July 29, 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 second quarter of 2025 on Thursday, August 7, 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 beg
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
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