Company at a Glance
Price
Overview
Genie Energy Ltd. is a public energy company that operates in the United States and Israel. The company was founded in 2011 and is headquartered in Newark, New Jersey, United States. It is focused on the production and sale of natural gas and oil, as well as the development and commercialization of alternative and renewable energy solutions.
Genie Energy has several subsidiary companies, including Genie Oil and Gas, LLC, which holds interests in oil and gas properties in Colorado, Israel, and Mongolia; Genie Oil Shale, LLC, which is focused on developing oil shale resources in Colorado; and Afek Oil and Gas, which is involved in oil exploration and production in the Golan Heights region of Israel.
Additionally, Genie Energy also has a subsidiary called Genie Retail Energy, which offers electricity and natural gas services to residential and commercial customers in deregulated energy markets.
The company has a diverse management team with experience in the energy industry, including former government officials, scientists, and business executives. Genie Energy is traded on the NYSE under the ticker symbol GNE.
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