Genie Energy Ltd. Class B (GNE)

Over the past six months, Genie Energy declared a cash dividend of $0.075 per share on February 5, 2026. On March 19, 2026, the company reported preliminary 2025 results showing increased revenues but decreased income from operations. On April 7, 2026, Genie Energy received a non-compliance notice from the NYSE due to a delay in filing its 2025 Annual Report, attributed to the need to restate financial statements for 2023 and 2024. The company was scheduled to announce its first quarter 2026 earnings on May 14, 2026. The company's share price declined by 7.47% between May 2, 2025, and May 1, 2026, with a 52-week high of $28.47 and a low of $13.19.

Demand for Genie Energy Ltd.'s products and services exhibits seasonality, with increased natural gas demand in colder winters and higher electricity consumption in hotter summers. Increasingly volatile weather patterns may continue to affect customer demand and wholesale energy pricing.

Genie Energy Ltd. is a diversified energy holding company operating as a retail energy and renewable energy solutions provider within the Utilities sector. It operates through Genie Retail Energy (GRE), which supplies electricity and natural gas, and Genie Renewables (GREW), which focuses on solar generation and energy advisory activities.

Genie Energy Ltd. provides energy services in the United States and internationally. The Genie Retail Energy division serves residential and small business customers in the Eastern and Midwestern United States and Texas, with commercial natural gas supply customers in Florida. Internationally, Genie Retail Energy International operates under brand names like Lumo Energia and Genie Energy Japan.

Genie Energy Ltd.'s brand reputation has likely been negatively impacted by financial reporting issues, including a non-compliance notice from the NYSE due to delayed annual report filing and the need to restate prior financial statements. Management also identified a material weakness in internal control over financial reporting, introducing accounting and governance risk.

Genie Energy Ltd. has a diverse ownership structure, including 115 institutional owners and shareholders holding 10,060,210 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. Insiders own 17.40% of the company's stock, while individuals hold 52.02% of the shares.