Genie Energy Ltd. (GNE)

NYSE: GNE · Real-Time Price · USD
15.60
-0.05 (-0.32%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.32%
Market Cap 424.32M
Revenue (ttm) 427.22M
Net Income (ttm) 3.43M
Shares Out 27.20M
EPS (ttm) 0.12
PE Ratio 129.61
Forward PE n/a
Dividend $0.30 (1.92%)
Ex-Dividend Date Nov 12, 2024
Volume 49,477
Open 15.67
Previous Close 15.65
Day's Range 15.31 - 15.84
52-Week Range 14.00 - 30.90
Beta 0.09
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

About GNE

Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar i... [Read more]

Sector Utilities
Founded 2011
Employees 198
Stock Exchange NYSE
Ticker Symbol GNE
Full Company Profile

Financial Performance

In 2023, Genie Energy's revenue was $428.71 million, an increase of 35.87% compared to the previous year's $315.54 million. Earnings were $19.21 million, a decrease of -77.63%.

Financial Statements

News

Genie Energy Closes on Solar Generation Project Financing

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 portf...

1 day ago - GlobeNewsWire

Genie Energy Q3 Earnings: Soft Results With An Optimistic Outlook

Shares have remained rangebound so far this year, as the company's performance has been inline with management's full-year guidance. Despite results appearing weak versus the prior year periods, key i...

7 days ago - Seeking Alpha

Genie Energy Ltd. (GNE) Q3 2024 Earnings Call Transcript

Genie Energy Ltd. (NYSE:GNE) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Michael Stein – Chief Executive Officer Avi Goldin – Chief Financial Officer Conference ...

14 days ago - Seeking Alpha

Genie Energy Announces Third Quarter 2024 Results

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.

15 days ago - GlobeNewsWire

Genie Energy to Report Third Quarter 2024 Results

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 t...

5 weeks ago - GlobeNewsWire

Genie Energy Ltd. (GNE) Q2 2024 Earnings Call Transcript

Genie Energy Ltd. (NYSE:GNE) Q2 2024 Earnings Call August 6, 2024 8:30 AM ET Company Participants Brian Siegel - Investor Relations Michael Stein - Chief Executive Officer Avi Goldin - Chief Financia...

3 months ago - Seeking Alpha

Genie Energy Announces Second Quarter 2024 Results

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.

3 months ago - GlobeNewsWire

Genie Energy to Report Second Quarter 2024 Results

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 f...

4 months ago - GlobeNewsWire

Genie Energy: Attractively Priced With Solar Energy Upside

Shares have nearly halved this year as profit margins have been steadily declining since the end of 2022. The business continues to show robust revenue growth, with management guiding for Adjusted EBI...

6 months ago - Seeking Alpha

Genie Energy Announces First Quarter 2024 Results

Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels

7 months ago - GlobeNewsWire

Genie Energy to Report First Quarter 2024 Results

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 ...

7 months ago - GlobeNewsWire

Sunlight Energy Investments Acquires an Additional Solar Project

NEWARK, NJ, March 21, 2024 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, t...

8 months ago - GlobeNewsWire

Genie Energy Limited (GNE) Q4 2023 Earnings Call Transcript

Genie Energy Limited (NYSE:GNE) Q4 2023 Earnings Conference Call March 11, 2024 8:30 AM ET Company Participants Brian Siegel - Hayden IR Michael Stein - Chief Executive Officer Avi Goldin - Chief Fin...

9 months ago - Seeking Alpha

Genie Energy Announces Fourth Quarter and Full Year 2023 Results

Record Fourth Quarter and Full Year Revenue Full-year 2023 Adjusted EBITDA 1  exceeded upper range of prior guidance Cash and cash equivalents, short and long-term restricted cash, and marketable equi...

9 months ago - GlobeNewsWire

Genie Energy to Report Fourth Quarter and Full Year 2023 Results

NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results ...

9 months ago - GlobeNewsWire

Genie Energy: Still Deeply Undervalued Despite Price Increase

Revenue rising through marketing and acquisitions, not just cost-cutting. Genie Energy is investing in renewable energy with long-term growth trends. Recent improvement in Cash Conversion Cycle sugges...

10 months ago - Seeking Alpha

Genie Energy Unveils Insurance Strategy

NEWARK, NJ, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product port...

10 months ago - GlobeNewsWire

Genie Energy Announces Participation in The Microcap Conference

Newark, New Jersey--(Newsfile Corp. - January 25, 2024) - Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will be participating in The Microcap Conference, w...

10 months ago - Newsfile Corp

Sunlight Energy Investments Acquires Portfolio of Solar Projects

Acquires Operational Arrays Aggregating 9.4 MW NEWARK, NJ, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail ene...

1 year ago - GlobeNewsWire

Genie Energy (GNE) Q3 2023 Earnings Call Transcript

Genie Energy Limited (NYSE:GNE) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Si...

1 year ago - Seeking Alpha

Genie Energy Announces Third Quarter 2023 Results

Revenue increased 54% year-over-year to a quarterly record $125 million Increased 2023 Adjusted EBITDA 1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million) Ye...

1 year ago - GlobeNewsWire

Genie Energy to Report Third Quarter 2023 Results

NEWARK, NJ, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results f...

1 year ago - GlobeNewsWire

Genie Energy Continues To Show A Lot Of Potential

Genie Energy offers a fantastic opportunity to take advantage of the long-term bullish outlook for natural gas. The Company has seen substantial growth in its electricity segment and is actively pursu...

1 year ago - Seeking Alpha

Genie Energy: International Expansion Resulting In Accretive Growth

Genie Energy distributes electricity and natural gas globally. The company's market valuation is $420.41 million, with a potential undervaluation compared to industry peers. The firm's expansion strat...

1 year ago - Seeking Alpha

Genie Energy Ltd. (GNE) Q2 2023 Earnings Call Transcript

Genie Energy Ltd. (NYSE:GNE) Q2 2023 Earnings Conference Call August 7, 2023 8:30 AM ET Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Brian Siegel ...

1 year ago - Seeking Alpha