Genie Energy (NYSE:GNE) reported quarterly adjusted earnings of $0.37 per share. This is a 39.34 percent decrease over earnings of $0.61 per share from the same period last year. The company reported $104.90 million in sales this quarter. This is a 28.87 percent increase over sales of $81.40 million the same period last year.
Save time and jump to the most important pieces.
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
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
4 - Genie Energy Ltd. (0001528356) (Issuer)
Genie Energy (NYSE:GNE) reported quarterly earnings of $0.33 per share. This is a 38.89 percent decrease over earnings of $0.54 per share from the same period last year. The company reported $119.69 million in sales this quarter. This is a 13.69 percent increase over sales of $105.28 million the same period last year.
The CNN Money Fear and Greed index remained in the "Greed" zone on Monday. U.S. stocks closed mixed on Monday, with the S&P 500 settling lower for the second straight session. All three major indices closed recorded losses last week, with the S&P 500 falling 0.26% and the blue-chip Dow declining 0.93%. Data on the consumer price index for February will be released on Tuesday. Analysts expect the CPI to increase 3.1% on an annualized basis. EQT Corporation (NYSE:EQT) announced that it entered into a definitive merger agreement to acquire Equitrans Midstream Corporation (NYSE:ETRN). Shares of Genie Energy Ltd. (NYSE:GNE) fell more than 9% on Monday following fourth-quarter results. Most se
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index turning higher on Monday. The Dow traded up 0.08% to 38,753.49 while the NASDAQ fell 0.20% to 16,052.34. The S&P 500 also fell, dropping, 0.14% to 5,116.66. Check This Out: Cramer Says This Healthcare Stock Can Go Higher, Calls Manhattan Associates 'A Winner' Leading and Lagging Sectors Materials shares jumped by 0.9% on Monday. In trading on Monday, industrials shares fell by 0.8%. Top Headline EQT Corporation (NYSE:EQT) announced that it entered into a definitive merger agreement to acquire Equitrans Midstream Corporation (NYSE:ETRN). Equities Trading UP GDS Holdings Limited (NASDAQ:GD
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
8-K - Genie Energy Ltd. (0001528356) (Filer)
10-Q - Genie Energy Ltd. (0001528356) (Filer)
8-K - 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)