Genie Energy (GNE)

• Market cap: $399M
• 1 day: -2.06%
• 5 days: -2.51%
• 1 month: -1.86%
• 3 months: 3.00%
• 6 months: -6.58%
• Year to date: -4.46%
• 1 year: -3.40%
• 5 years: 87.44%
• 10 years: 3.72%
• Sector: Utilities
• Industry: Electric Utilities

About: Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.

Employees: 125

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

7% more funds holding

Funds holding: 99 [Q3] → 106 (+7) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 35

0.33% less ownership

Funds ownership: 34.47% [Q3] → 34.14% (-0.33%) [Q4]

4% less capital invested

Capital invested by funds: $142M [Q3] → $136M (-$5.34M) [Q4]