As of June 25, 2025, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Be ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 GENIE ENERGY LTD. (Exact Name of Registrant as Specified in its Charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-35327 Delaware 45-2069276 (State or other jurisdiction of incorporation or organization) (I.R.S. Empl ...

Shares of Genie Energy Ltd. (GNE) have gained 4.6% since reporting first-quarter 2025 results, outperforming the broader market. During the same period, the S&P 500 index has declined 0.8%. Over the past month, Genie Energy’s stock has risen 6.3%, exceeding the S&P 500’s 2.8% growth.Revenues & Earnings Reflect Robust GrowthGenie Energy delivered strong financial results for the quarter ended March 31, 2025. Total revenues rose 14.3% year over year to $136.8 million from $119.7 million. The increase was driv ...

Genie Energy (GNE) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Michael Stein - CEOAvi Goldin - CFO Operator Good morning, and welcome to the Energy Limited's First Quarter twenty twenty five Earnings Call. In today's presentation, Genie Energy management will discuss Genie's financial and operational results for the three month period ended 03/31/2025. During prepared remarks by Genie Energy's Chief Executive Officer, Michael Stein and Chief Financial Officer, Avi Golden, all partici ...

Financial Data and Key Metrics Changes - Consolidated revenue increased by 14.3% or $17.1 million to $136.8 million, driven by strong performance in Genie Retail Energy [10] - Consolidated gross profit rose by 10.6% to $37.4 million, while gross margin decreased by 90 basis points to 27.3% [11][12] - Consolidated net income attributable to stockholders increased by $10.6 million or $0.40 per share from $8.1 million or $0.30 per share a year earlier [13] Business Line Data and Key Metrics Changes - Genie Retail Energy (GRE) revenue jumped 17.8% to $132.5 million, primarily due to investments made to grow the customer base [10] - Electricity revenue climbed 16.4% to $104.1 million, contributing 78.6% of GRE's revenues, with kilowatt hours sold increasing by 23.5% [10] - Revenue from natural gas sales increased by 26.8% to $28.4 million, reflecting increases in both terms sold and revenues per term sold [11] Market Data and Key Metrics Changes - Customer churn in the first quarter was 5.5%, unchanged from the year-ago quarter, indicating effective customer retention efforts [5] - The company ended the quarter with approximately 413,000 meters served, comprising 402,000 Residential Customer Equivalents (RCEs) [4] Company Strategy and Development Direction - The company is expanding its customer base and has begun marketing in California, with plans to offer gas in Kentucky in the second quarter [5] - The community solar project in Lansing, New York, is on track for completion in the third quarter and is expected to be EBITDA accretive immediately upon going online [6] Management's Comments on Operating Environment and Future Outlook - Management highlighted strong operational and financial results, indicating a return to normalized results for the retail energy business [3] - The company confirmed its full-year adjusted EBITDA guidance of $40 million to $50 million, suggesting confidence in future performance [14] Other Important Information - The company returned $3.9 million to stockholders through dividends and share repurchases during the first quarter [7] - Cash, cash equivalents, and marketable securities totaled $210.2 million as of March 31, 2025, an increase of $9.2 million in the quarter [13] Q&A Session Summary - There were no questions during the Q&A session, leading to the conclusion of the conference call [16]

Exhibit 99.1 Genie Energy Announces First Quarter 2025 Results Newark, NJ – May 6, 2025 Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025. Michael Stein, Chief Executive Officer of Genie Energy, commented: "Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter. "At GRE, the significan ...

Newark, NJ, May 06, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025.  Michael Stein, Chief Executive Officer of Genie Energy, commented:  "Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter. "At GRE, the significant investments we made in 2024 to expand o ...

Group 1 - The individual investor focuses on undercovered companies, particularly in technology, software, electronics, and energy transition sectors [1] - The investor has over 50 companies on their watchlist and has been investing personal capital for over 7 years globally [1] - The investor holds a Master's degree in Electrical Engineering and works as an automotive battery R&D engineer in Sweden [1] Group 2 - The investor aims to identify asymmetric investment opportunities to achieve market-beating returns through diligent research of small to mid-cap companies [1]

Financial Performance - Genie Retail Energy (GRE) generated revenue of $403.3 million in 2024, down from $409.9 million in 2023, with electricity sales contributing $350.5 million and natural gas sales $52.1 million[41]. - GRE's revenue represented approximately 94.9% of total consolidated revenue in 2024, compared to 95.6% in 2023 and 96.3% in 2022[41]. - Genie Solar accounted for 1.6% of consolidated revenue and 31.1% of GREW segment's revenue in 2024[99]. - CityCom Solar contributed 0.5% to consolidated revenue and 10.5% to GREW segment's revenue in 2024[99]. - Diversegy represented 3.0% of consolidated revenue and 58.1% of GREW segment's revenue in 2024[99]. Customer Metrics - As of December 31, 2024, GRE serviced 423,000 meters, an increase from 361,000 meters as of December 31, 2023, with 333,000 electric and 90,000 natural gas meters[46]. - As of December 31, 2024, GRE had 399,000 Residential Customer Equivalents (RCEs), an increase from 360,000 RCEs as of December 31, 2023[46]. - The average monthly churn rate for GRE's REPs ranges between 4% and 7%, influenced by commodity prices and competition[40]. - GRE's REP revenue is seasonal, with approximately 43.0% of natural gas revenues generated in the first quarter of 2024, when heating demand is highest[42]. Market and Regulatory Environment - GRE's REPs operate in 15 states and Washington D.C., with regulations impacting operations established by federal and state agencies[70]. - The company is dependent on maintaining licenses from public utility commissions, and any loss of these licenses could negatively impact operations and financial condition[169]. - Regulatory changes mandating renewable fuel sources could lead to increased costs and adversely affect financial results[161]. - A total of 25 states and the District of Columbia have set 100% clean energy targets, impacting 53% of U.S. residential electricity customers[125]. Operational Developments - Genie Solar broke ground on its first company-owned solar generation project in Upstate New York in April 2023, followed by a second project in July 2023 with a capacity of 6.25 MW[27]. - Genie Solar closed a $7.4 million term loan in November 2024 to finance a portfolio of operating solar generation assets[32]. - Genie Solar's current portfolio includes a 9.4 MW operating portfolio in Ohio and Michigan, ~10 MW of community solar projects in New York, 6 MW in permitting, and an additional 72 MW under development[88]. - The company intends to pursue acquisitions of solar generation assets and portfolios, but faces risks in identifying and successfully acquiring attractive opportunities[180]. Competition and Market Strategy - The company is focused on expanding its market share by persuading customers to switch from other providers, requiring significant marketing investments[66]. - GRE's REPs face competition from local utility companies and other licensed REPs, impacting gross margins and customer acquisition rates[65]. - The company faces substantial competition in the REP business, which may force price reductions or increased costs, impacting market share[134]. - The company faces competition in acquiring attractive development projects and in the community solar market[114]. Environmental and Compliance Risks - The Inflation Reduction Act (IRA) established a Federal ITC level of 30.0% for projects meeting certain standards, extending the ITC through December 31, 2025[105]. - The Inflation Reduction Act of 2022 imposes a fee on GHG emissions from certain oil and gas sources, potentially increasing operating costs in the industry[124]. - Increased operating costs may arise from compliance with environmental regulations and potential penalties related to GHG emissions[150]. - Compliance with proposed climate-related disclosures may lead to increased legal, accounting, and financial compliance costs[123]. Employee Metrics - As of February 28, 2025, GRE employed 152 employees across various locations, including 59 in New York and 59 in New Jersey[84]. - As of February 28, 2025, GREW employed 22 employees, all located in New Jersey[116]. - As of February 28, 2025, the company had 186 full-time employees, emphasizing the importance of attracting and retaining qualified personnel[127]. Risk Management - GRE's REPs utilize forward physical delivery contracts and options for risk management against market price fluctuations[62]. - The company faces various market and operational risks in its energy procurement business, including changes in competitive pricing and regulatory environments[182]. - The company is exposed to increased costs related to GHG emissions and climate change, which could adversely affect financial conditions[146]. - The company is exposed to litigation risks that could limit operations and negatively impact financial results[160]. Internal Controls and Cybersecurity - The company reported a material weakness in internal control over financial reporting in previous years, but concluded that controls were effective as of December 31, 2022[196]. - Cybersecurity risk management is based on recognized industry frameworks, with regular employee training and third-party assessments conducted[205]. - The board of directors has oversight responsibility for strategic and operational risks, including cybersecurity risks[209]. - Management is responsible for the day-to-day assessment and management of cybersecurity risks[210].

Financial Data and Key Metrics Changes - Consolidated revenue for Q4 2024 decreased by 1.9% to $102.9 million, while full-year revenue for 2024 decreased by 0.8% to $425.2 million [22][30] - Consolidated gross profit for Q4 2024 was $33.5 million, slightly down from $33.6 million in the previous year, with a gross margin increase of 40 basis points to 32.5% [24] - Consolidated adjusted EBITDA for Q4 2024 decreased by 2.8% to $11.1 million, while full-year adjusted EBITDA was at the upper end of guidance at $48.5 million, down from $58.2 million in 2023 [27][32] - Consolidated net loss attributable to common shareholders decreased to $0.58 per share from $0.90 per share a year earlier [29] Business Line Data and Key Metrics Changes - GRE (Retail Energy) revenue remained unchanged at $98.4 million, with electricity revenue also flat at $82.1 million, while natural gas revenue increased by 7.5% to $16.2 million [22][23] - GREW (Renewables) revenue for Q4 2024 decreased by 30.1% to $4.5 million, but full-year revenue increased by 16.1% to $21.9 million [23][31] - GRE's income from operations decreased by 15.9% to $12.6 million, while GREW's loss from operations improved to $700,000 from $1.3 million [27][28] Market Data and Key Metrics Changes - The company added 23,000 net new meters in Q4 2024, totaling over 60,000 for the full year, representing an increase of nearly 17% [6] - The company is expanding its operations in Texas and California, highlighting growth opportunities across 19 states plus the District of Columbia [8] Company Strategy and Development Direction - The company plans to continue building its meter book in 2025 and has shifted its focus to utility-scale solar projects [8][15] - GREW is investing in early-stage growth initiatives, including Roded, an environmental tech recycling business, which is expected to scale operations in Israel [10][11] - The company aims to maximize cash on its balance sheet while driving growth through structured asset-backed finance deals [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strong adjusted EBITDA and profitability in 2025, despite the challenges faced in 2024 [17][18] - The company anticipates continued growth in both its retail and renewables segments, with a focus on improving operational efficiencies [16][18] Other Important Information - The company repurchased approximately 168,000 shares in Q4 2024 for $2.5 million and paid out $8.2 million in dividends for the full year [37] - Cash and cash equivalents totaled $201 million at the end of 2024, an increase of $37.6 million over the year [36] Q&A Session Summary - There were no questions during the Q&A session, and the conference call concluded without any inquiries from participants [39]