Genie Energy

Genie Energy Ltd. engages in the provision of energy services. It operates through the following segments: Genie Retail Energy (GRE), Genie Energy Services (GES), GRE International and Genie Oil and Gas, Inc. (GOGAS). The GRE segment owns and operates retail energy providers which resell electricity and natural gas to residential and business customers. The GES segment oversees a retail energy advisory and brokerage firm and manages a solar solutions company which involves the production of solar panels, solar installation design, and project management. The GOGAS segment owns an interest in a contracted drilling services operation and oil and gas exploration projects. The GRE International segment operates REPs in Japan and Finland and manages the company's share in operations of Shoreditch in the UK. The company was founded by Howard S. Jonas in November 2004 and is headquartered in Newark, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Genie Energy reports record profits, eyes renewables growth in 2023

Genie Energy delivered strong financial results in Q4 2022, with record gross margins and profits, demonstrating resilience and growth potential.
While facing challenges in revenue decline for the full year, the company's strategic focus on renewables and risk management presents opportunities for future expansion.
Maintaining profitability, managing costs effectively, and navigating competitive pressures will be key focus areas for sustainable growth.
With a solid balance sheet and commitment to shareholder value, Genie Energy is well-positioned to capitalize on market opportunities and drive long-term success.

Genie Energy reports strong Q1 growth and eyes retail expansion

Genie Energy's Q1 2023 performance reflects a return to growth, with notable increases in key metrics and solid financial results.
The company's strengths in organic customer base growth, strong balance sheet, and strategic focus position it well for future value creation.
While facing challenges in maintaining growth momentum, Genie Energy has opportunities to drive further growth in retail and renewables and enhance shareholder value.

Genie Energy reports record Q2 revenue and increased EBITDA guidance

Genie Energy's Q2 performance reflects strong revenue growth and operational efficiency.
The company's increased EBITDA guidance and customer acquisition demonstrate a positive outlook.
While facing challenges, Genie Energy has opportunities for expansion and diversification in the energy market.

Genie Energy reports record revenues in Q3, eyes growth opportunities

Genie Energy delivered robust financial results in Q3 2023, with record revenues and strong meter additions.
Despite a decrease in adjusted EBITDA, the company's balance sheet improved significantly, reflecting financial stability.
Challenges in maintaining profitability exist, but opportunities for growth and value creation are evident.
Overall, Genie Energy's performance underscores its resilience and potential for future expansion and success.

Genie Energy reports record revenue in Q4, eyes growth opportunities

Genie Energy delivered strong performance in customer growth and revenue achievement in Q4 2023, exceeding adjusted EBITDA guidance.
Despite challenges such as lower gross profit and increased operating losses, the company remains focused on strategic growth initiatives.
Opportunities lie in solar project development, increased EBITDA targets, and solid customer growth for value creation in 2024.
Investors should monitor Genie Energy's progress in addressing challenges and leveraging opportunities for sustained growth and profitability.

Genie Energy reports record Q1 revenue and growth opportunities ahead

Genie Energy's strong financial performance, customer growth, and strategic initiatives in solar projects and Diversegy business underscore its resilience and potential for future success.
While facing challenges in achieving EBITDA targets and managing costs, the company's diversified revenue streams and shareholder value focus provide a solid foundation for growth.
Opportunities in renewable energy expansion, market exploration, and operational enhancements offer avenues for Genie Energy to capitalize on emerging trends and drive sustained profitability.
Overall, Genie Energy's Q1 2024 performance reflects a balanced approach to growth, efficiency, and shareholder returns amidst a dynamic market environment.

Genie Energy reports strong Q2 performance, targets significant EBITDA growth

Genie Energy's Q2 2024 performance reflects a focus on financial strength, operational resilience, and shareholder value.
While facing revenue challenges and operational adjustments, the company maintains a proactive stance towards growth and profitability.
Strategic emphasis on adjusted EBITDA targets and business segment progress positions Genie Energy for future growth opportunities.
With a robust balance sheet and strategic initiatives, Genie Energy navigates challenges to capitalize on growth prospects and enhance shareholder value.

Genie Energy reports robust Q3 earnings, eyes growth in renewables

Genie Energy delivered strong Q3 results, focusing on growth in new and existing markets. The company's renewable business segment showed promising growth and profitability. Challenges include revenue fluctuations and managing consumption patterns, while opportunities lie in market expansion and shareholder value enhancement.

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Genie Energy Ltd. engages in the provision of energy services. It operates through Genie Retail Energy and Genie Renewables. The Genie Retail Energy segment supplies electricity and natural gas to residential and small business customers. The Genie Renewables segment includes Genie Solar, CityCom Solar, Prism Solar Technologies, and Diversegy LLC. The company was founded by Howard S. Jonas in November 2004 and is headquartered in Newark, NJ.

Genie Energy Ltd. (GNE) CEO Michael Stein on Q4 2019 Results - Earnings Call Transcript

Genie Energy Ltd (GNE) CEO Michael Stein on Q3 2019 Results - Earnings Call Transcript

Genie Energy Ltd (GNE) CEO Michael Stein on Q2 2019 Results - Earnings Call Transcript

Genie Energy (GNE) delivered earnings and revenue surprises of -422.22% and 19.39%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Genie Energy (GNE) Reports Q2 Loss, Tops Revenue Estimates

Genie Energy (GNE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Genie Energy (GNE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Genie Energy Ltd (GNE) CEO Michael Stein on Q1 2019 Results - Earnings Call Transcript

GNE earnings call for the period ending December 31, 2018.

Genie Energy Ltd (GNE) Q4 2018 Earnings Conference Call Transcript

News for Genie Energy Stock (GNE)