Genie Energy Ltd. Class B Common Stock (GNE)
Genie Energy Q4: Cheap Valuation, But Capital Allocation Will Be Key
Full year 2024 results came in at the high end of guidance, with the outlook for 2025 calling for earnings to largely remain stable. Net cash on the balance sheet represents nearly half the current market cap. While there are inherent risks related to the retail energy business, I believe the low valuation multiple is driven by uncertainty around capital allocation.
Genie Energy Q4 Earnings Dip Y/Y, Margin Pressures Persist in 2025
GNE's revenues decline 1.9% y/y in Q4 while net loss narrows. Retail energy expansion and solar investments shape its 2025 outlook.
Genie Energy Ltd. (GNE) Q4 2024 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE ) Q4 2024 Earnings Conference Call March 10, 2025 8:30 AM ET Company Participants Michael Stein - CEO Avi Goldin - CFO Conference Call Participants Operator Good day, and welcome to the Genie Energy Limited's Fourth Quarter and Full-Year 2024 Earnings Call.
Genie Energy Q3 Earnings: Soft Results With An Optimistic Outlook
Shares have remained rangebound so far this year, as the company's performance has been inline with management's full-year guidance. Despite results appearing weak versus the prior year periods, key indicators point to a more promising outlook for growth and margins. I find the current valuation to be attractive at an EV/Adjusted EBITDA multiple of 6.3, despite the risks from regulation and competition.
Genie Energy Reports Y/Y Declines in Earnings & Revenues in Q3
Reduced electricity consumption per meter, driven by milder summer, and increased customer acquisition costs in the retail segment hurt GNE's earnings in Q3.
Genie Energy Ltd. (GNE) Q3 2024 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Michael Stein – Chief Executive Officer Avi Goldin – Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to the Genie Energy Limited Third Quarter 2024 Earnings Call.
Genie Energy (GNE) Earnings & Revenues Decline Y/Y in Q2
Reduced revenues in the retail energy segment hurt Genie Energy's (GNE) earnings in Q2.
Genie Energy Ltd. (GNE) Q2 2024 Earnings Call Transcript
Genie Energy Ltd. (NYSE:GNE ) Q2 2024 Earnings Call August 6, 2024 8:30 AM ET Company Participants Brian Siegel - Investor Relations Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Operator Good morning and welcome to Genie Energy's Second Quarter 2024 Earnings Call.
Zacks Initiates Coverage of Genie Energy With Neutral Recommendation
Discover why Zacks rates Genie Energy (GNE) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore Genie Energy's diverse portfolio, strategic exits from non-core markets and robust financial health, along with the market risks impacting its performance.
Genie Energy: Attractively Priced With Solar Energy Upside
Shares have nearly halved this year as profit margins have been steadily declining since the end of 2022. The business continues to show robust revenue growth, with management guiding for Adjusted EBITDA to stabilize this year. Shares are attractively valued, and management is aggressively returning cash to shareholders through dividends and buybacks.
