Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

GENIE ENERGY LTD.

(GNE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GENIE ENERGY LTD. : Other Events (form 8-K)

05/12/2021 | 06:56am EDT
Item 8.01 Other Events.



As previously disclosed in the Quarterly Report on Form 10-Q of Genie Energy Ltd. (the "Company") for the quarter ended March 31, 2021, filed on May 7, 2021 with the Securities and Exchange Commission, on April 26, 2021, a subsidiary of the Company entered into an Equity Purchase Agreement with Hanhwa Q Cells Japan Co., Ltd. ("Hanhwa") providing for the sale of the equity interests in Genie Japan to Hanhwa. The sale was consummated on May 10, 2021. Hanwha paid ¥570.0 million (equivalent to approximately $5.2 million on the closing date) and assumed the obligation to repay Genie Japan's existing credit facility in an amount of approximately ¥150.0 million (equivalent to approximately $1.38 million on the closing date).

                                       1

© Edgar Online, source Glimpses

All news about GENIE ENERGY LTD.
07/08GENIE ENERGY : Declares Second Quarter 2021 Preferred Stock Dividend
PU
07/08GENIE ENERGY LTD. : Regulation FD Disclosure, Financial Statements and Exhibits ..
AQ
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 3000 Growth Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 3000E Growth Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 3000 Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 2000 Dynamic Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 2000 Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell 2000 Defensive Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell Small Cap Comp Growth Index
CI
06/25GENIE ENERGY LTD.(NYSE : GNE) dropped from Russell Small Cap Completeness Index
CI
More news
Financials (USD)
Sales 2020 379 M - -
Net income 2020 13,2 M - -
Net cash 2020 36,2 M - -
P/E ratio 2020 16,4x
Yield 2020 3,54%
Capitalization 158 M 158 M -
EV / Sales 2019 0,58x
EV / Sales 2020 0,40x
Nbr of Employees 202
Free-Float 75,2%
Chart GENIE ENERGY LTD.
Duration : Period :
Genie Energy Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GENIE ENERGY LTD.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Managers and Directors
Michael Menachem Stein Chief Executive Officer
Avi Goldin CFO, Treasurer & Principal Accounting Officer
Howard S. Jonas Chairman
William Wesley Perry Lead Independent Director
Allan Sass Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
GENIE ENERGY LTD.-16.37%168
NATIONAL GRID PLC7.46%45 657
ELECTRICITÉ DE FRANCE-15.86%44 020
SEMPRA2.60%41 621
ENGIE-8.43%33 569
E.ON SE14.36%30 639