Genie Energy Ltd. engages in the provision of energy services. The company is headquartered in Newark, New Jersey and currently employs 186 full-time employees. The company went IPO on 2011-10-26. The firm 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.
Follow-Up Questions
What is Genie Energy Ltd (GNE)'s P/E Ratio?
The P/E ratio of Genie Energy Ltd is 31.5929
Who is the CEO of Genie Energy Ltd?
Mr. Michael Stein is the Chief Executive Officer of Genie Energy Ltd, joining the firm since 2014.
What is the price performance of GNE stock?
The current price of GNE is $14.88, it has increased 0.15% in the last trading day.
What are the primary business themes or industries for Genie Energy Ltd?
Genie Energy Ltd belongs to Utilities industry and the sector is Utilities
What is Genie Energy Ltd market cap?
Genie Energy Ltd's current market cap is $397.5M
Is Genie Energy Ltd a buy, sell, or hold?
According to wall street analysts, 2 analysts have made analyst ratings for Genie Energy Ltd, including 1 strong buy, 3 buy, 1 hold, 0 sell, and 1 strong sell
