Company
Genie Energy Ltd.
Headquarters: Newark, NJ, United States
Employees: 186
Market Cap
$740.6 Million
USD as of Jan. 1, 2024
Genie Energy Ltd. Categories
United States Utilities Utilities—Regulated ElectricUnited States Utilities United States Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
| PG&E Corporation | $45.71 B |
| American Electric Power Company, Inc. | $43.85 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $127.19 B |
| China Yangtze Power Co. Ltd | $82.16 B |
| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed Description
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
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Stocks & Indices
Genie Energy Ltd. has the following listings and related stock indices.
Stock: NYSE: GNE wb_incandescent
Stock: FSX: 6GE wb_incandescent
Stock: NYSE: GNE.PR.A wb_incandescent
Key People
Founder(s): Howard Jonas
Michael Stein (CEO) Avi Goldin (CFO) Geoff Rochwarger (Vice Chairman) Michael Stein (COO and CEO of Genie Retail Energy)
Financials
Revenue: US$280.30 million (2018)
Operating income: US$9.02 million (2018)
Net income: US$22.78 million (2018)
Total assets: US$146.86 million (2018)
Total equity: US$92.66 million (2018)