Company Genie Energy Ltd.

GNE

US3722842081

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:02 2024-09-18 pm EDT			5-day change	1st Jan Change
16.99 ^USD	+1.01%		-1.45%	-39.60%

Aug. 08	Tranche Update on Genie Energy Ltd.'s Equity Buyback Plan announced on May 10, 2013.	CI
Aug. 06	Transcript : Genie Energy Ltd., Q2 2024 Earnings Call, Aug 06, 2024

Business description: Genie Energy Ltd.

Genie Energy Ltd. is a retail energy and renewable energy solutions provider. The Company has two segments: Genie Retail Energy (GRE) and Genie Renewables. GRE segment supplies electricity and natural gas to residential and small business customers through retail energy providers (REPs) operating in certain deregulated markets within the United States. GRE owns and operates REPs, including IDT Energy, Inc., Residents Energy, LLC, Town Square Energy, LLC and others. The Genie Renewables division is a vertically integrated provider of commercial, community, and utility-scale solar energy solutions. The segment includes three lines of businesses: Genie Solar, which is an integrated solar energy company that develops, constructs and operates solar energy projects for commercial and industrial (C&I) customers, as well as its own portfolio; CityCom Solar, which markets community solar energy solutions, and Diversegy LLC, which provides energy brokerage and advisory services to C&I customers.

Number of employees: 198

Sales by Activity: Genie Energy Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023
Genie Retail Energy (GRE) Excl.Genie Energy Services and GRE International	287M	305M	312M	304M	410M
Genie Retail - International (GREI)	16.6M	49.65M	44.39M	-	-
Genie Renewables	12.08M	24.4M	7.51M	11.57M	18.83M

See all business segments

Geographical breakdown of sales: Genie Energy Ltd.

Fiscal Period: December	2019	2020	2021	2022	2023
United States	-	330M	319M	316M	426M
Other Foreign Countries	-	-	7.61M	-	3.11M
Foreign	-	49.65M	-	-	-
Finland	-	-	36.78M	-	-

See all geographic segments

Managers: Genie Energy Ltd.

Director	Title	Age	Since
Michael Stein CEO	Chief Executive Officer	40	13-12-31
Avi Goldin DFI	Director of Finance/CFO	46	11-07-31
Joyce Mason BRD	Director/Board Member	65	11-09-30
Bill Ulrey IRC	Investor Relations Contact	-	11-09-30

See GENIE ENERGY LTD. governance

Members of the board: Genie Energy Ltd.

Manager	Title	Age	Since
Howard Jonas FOU	Founder	68	04-10-31
James Courter BRD	Director/Board Member	82	11-07-31
William Perry BRD	Director/Board Member	67	09-08-31
Allan Sass BRD	Director/Board Member	84	11-10-27
Alan Rosenthal BRD	Director/Board Member	70	11-10-27
Joyce Mason BRD	Director/Board Member	65	11-09-30

Composition of the Board of Directors

Shareholders: Genie Energy Ltd.

Name	Equities	%	Valuation
Howard Jonas 40.54 %	10,264,650	40.54 %	172 M $
Vanguard Fiduciary Trust Co. 4.821 %	1,220,671	4.821 %	20 M $
DFA Australia Ltd. 4.375 %	1,107,715	4.375 %	19 M $
BlackRock Advisors LLC 4.264 %	1,079,493	4.264 %	18 M $
J. Goldman & Co. LP 2.656 %	672,395	2.656 %	11 M $

Name	Equities	%	Valuation
Howard Jonas 100.00 %	1,574,326	100.00 %	26 M $

List of GENIE ENERGY LTD. shareholders

Company details: Genie Energy Ltd.

Genie Energy Ltd.

520 Broad Street

07102, Newark

+973 438 3500

http://www.genie.com

Group companies: Genie Energy Ltd.

Name	Category and Sector
Lumo Energi AB (publ) Lumo Energi AB (publ) Electric UtilitiesUtilities Part of Genie Energy Ltd., Lumo Energi AB (publ) is a Swedish company that distributes electricity. The company is located in Sweden.	Electric Utilities
Genie Japan LLC Genie Japan LLC MiscellaneousMiscellaneous Genie Japan LLC operates the Znalytics platform. The company is headquartered in DE.	Miscellaneous
Southern Federal Power LLC
Town Square Energy LLC Town Square Energy LLC Investment Banks/BrokersFinance Part of Genie Energy Ltd., Town Square Energy LLC is a company that provides electricity contracts trading and electricity supply services. The company is based in Lakeville, MN.	Investment Banks/Brokers
Town Square Energy East LLC Town Square Energy East LLC Electric UtilitiesUtilities Town Square Energy East LLC supplies retail electrical energy. The firm specializes in discounted electrical supply and energy. The company is headquartered in Lakeville, MN.	Electric Utilities

See all subsidiaries

Other Electric Utilities

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
GENIE ENERGY LTD.	+1.01%	-1.45%	+16.05%	+158.99%	452M
NEXTERA ENERGY	-0.81%	+1.02%	+23.51%	+3.23%	175B
SOUTHERN COMPANY	-0.71%	+0.27%	+25.45%	+38.77%	98.13B
IBERDROLA, S.A.	-1.09%	+1.53%	+22.70%	+45.02%	93.17B
DUKE ENERGY CORPORATION	-0.73%	-0.28%	+22.03%	+16.26%	90.14B
ENEL S.P.A.	0.00%	+0.57%	+13.76%	+1.94%	80.1B
GE VERNOVA INC.	-0.62%	+12.68%	-	-	65.17B
CONSTELLATION ENERGY CORPORATION	-0.45%	+6.99%	+80.90%	-	62.92B
AMERICAN ELECTRIC POWER COMPANY, INC.	-0.95%	+0.16%	+28.66%	+22.73%	55.45B
DOMINION ENERGY, INC.	-1.61%	+0.31%	+18.05%	-22.54%	48.95B
Average	+0.31%	+2.18%	+27.90%	+33.05%	76.91B
Weighted average by Cap.	+0.49%	+2.15%	+27.53%	+16.25%