Genie Energy Ltd. Class B Common Stock Stock (GNE)
Frequently Asked Questions About Genie Energy Ltd. Class B Common Stock Stock (GNE)
Does Genie Energy pay dividends to its shareholders?
As of the latest information available, Genie Energy has historically paid dividends to shareholders, but investors should check the company's current financial status and announcements for any changes in dividend policy.
How can potential investors learn more about Genie Energy?
Potential investors can learn more about Genie Energy by reviewing press releases, financial reports, and investor presentations available on the company's official website, as well as following the latest news and market analysis.
How does Genie Energy engage with its customers?
Genie Energy engages with its customers through various channels, offering responsive customer service, user-friendly online platforms for account management, and tailored energy solutions that meet specific needs.
How does Genie Energy impact the environment?
Genie Energy engages in practices to minimize environmental impacts, including investments in cleaner technologies and compliance with regulations to mitigate the effects of oil and gas production while focusing on sustainable growth.
Is Genie Energy publicly traded?
Yes, Genie Energy Ltd. is publicly traded on the New York Stock Exchange under the ticker symbol 'GNE', allowing investors to purchase shares and participate in the company's growth.
What are the main segments of Genie Energy's business?
Genie Energy's business encompasses two main segments: the retail energy services segment, which provides electricity and natural gas supply, and the petroleum and natural gas segment, primarily engaged in the exploration and production of oil and gas.
What are the risks associated with investing in Genie Energy?
Investing in Genie Energy involves risks such as fluctuations in oil and gas prices, regulatory changes, competition in the energy market, and environmental concerns that could impact operations and profitability.
What does Genie Energy Ltd. do?
Genie Energy Ltd. is an energy company primarily engaged in the exploration, production, and sale of oil and gas. It operates through its subsidiaries, offering innovative energy solutions and services to residential and commercial customers, while also exploring alternative energy sources.
What financial performance has Genie Energy shown?
Genie Energy's financial performance varies, with the company reporting revenues from its retail and petroleum segments, and investors should analyze recent financial statements and market conditions to assess its current economic health.
What initiatives does Genie Energy have for community involvement?
Genie Energy participates in community involvement initiatives by supporting local charities, promoting energy conservation awareness, and engaging in activities that contribute to the well-being of the communities it serves.
What is Genie Energy's approach to renewable energy?
Genie Energy is committed to exploring and investing in renewable energy solutions and sustainable practices, working towards reducing its carbon footprint and contributing to the global transition to greener energy alternatives.
What is the company's vision for the future?
Genie Energy's vision for the future includes expanding its energy offerings, investing in technology to improve efficiency and sustainability, and adapting to changing market dynamics, with a goal of enhancing shareholder value.
What is the company’s stance on technological innovation?
Genie Energy embraces technological innovation as a driving force for operational efficiency and customer satisfaction, investing in new technologies that can improve energy generation and distribution processes.
What products and services does Genie Energy offer?
Genie Energy offers a variety of products and services including residential and commercial energy supply services, energy management solutions, and natural gas and oil products harvested from their exploration and production activities.
What sets Genie Energy apart from other energy companies?
Genie Energy differentiates itself through its focus on innovation in energy service delivery, customer engagement, and a strategic approach to both traditional fossil fuel resources and potential renewable energy investments.
What strategic partnerships does Genie Energy pursue?
Genie Energy seeks strategic partnerships that enhance its operational capabilities, expand its market reach, and foster innovation, often collaborating with technology firms and other energy-related companies.
When was Genie Energy Ltd. founded?
Genie Energy Ltd. was founded in 2001, emerging from its predecessor company, IDT Corporation, and focusing on the global energy market, primarily in oil and gas exploration and production.
Where is Genie Energy Ltd. headquartered?
Genie Energy Ltd. is headquartered in Newark, New Jersey, positioning itself strategically in an area with access to various energy markets in the eastern United States.
Who are Genie Energy's main competitors?
Genie Energy's main competitors include other energy providers and utility companies such as DirecTV, Consolidated Edison, and PSEG, as well as smaller energy retailers in the deregulated energy markets.
Who is the management team of Genie Energy?
Genie Energy's management team consists of experienced professionals in the energy sector, led by CEO James M. O’Shaughnessy, who guide the company's strategies and operations to achieve its business objectives.
What is the current price of Genie Energy Ltd. Class B Common Stock Stock?
The current price of Genie Energy Ltd. Class B Common Stock Stock is 15.29
When was Genie Energy Ltd. Class B Common Stock Stock last traded?
The last trade of Genie Energy Ltd. Class B Common Stock Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Genie Energy Ltd. Class B Common Stock Stock?
The market capitalization of Genie Energy Ltd. Class B Common Stock Stock is 390.11M
How many shares of Genie Energy Ltd. Class B Common Stock Stock are outstanding?
Genie Energy Ltd. Class B Common Stock Stock has 25.51M shares outstanding.