UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2019, or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934. Commission File Number:1-35327 Genie Energy Ltd. (Exact name of registrant as specified in its charter) | Delaware | 45-2069276 | | --- | --- | | (State or other jurisdiction of incorporation or organiza ...

Company Overview - Genie Energy Ltd is listed on the NYSE under the symbol GNE, with a stock price of $8.27, approximately 26.8 million shares outstanding, and a market capitalization of $220 million[5] - The company also has Series 2012-A Preferred Stock listed on the NYSE under the symbol GNEPRA, with a stock price of $8.84 and approximately 2.3 million shares outstanding[6] - As of September 30, 2019, Genie Energy had $45.3 million in cash and $2.6 million in debt[7] - For the trailing twelve months (TTM) ended September 30, 2019, Genie Energy reported revenue of $296.1 million, income from operations of $7.0 million, and adjusted EBITDA of $8.7 million[7] Business Segments and Growth - Genie Retail Energy operates in 14 states and D C in the domestic market[11] - Genie Energy has expanded its retail energy business internationally, including operations in the UK, Finland (with 3.4 million meters), and Japan (with 83 million electric meters)[9, 17] - In Texas, a large and diverse addressable market, 92% of customers have switched providers since inception of deregulation[13] - Genie International crossed the 100k meter mark in 3Q19[17] Financial Performance - Genie Energy's consolidated revenue for the trailing twelve months (TTM) ended September 30, 2019, was $296.1 million[7, 20] - The adjusted EBITDA for the same period was $8.7 million[7, 20]

Genie Energy Ltd. (NYSE:GNE) Q3 2019 Results Earnings Conference Call November 8, 2019 8:30 AM ET Company Participants Michael Stein - CEO Avi Goldin - CFO Conference Call Participants Aaron Shafter - Great Mountain Operator Good day, and welcome to Genie Energy's Third Quarter 2019 Earnings Call. [Operator Instructions] In its presentation, Genie Energy's management team will discuss financial and operational results for the three month period ended September 30, 2019. Any forward-looking statements made d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-35327 GENIE ENERGY LTD. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification N ...

Financial Data and Key Metrics Changes - Consolidated revenue in Q2 2019 increased to $61 million from $56.4 million, reflecting growth from Genie International and Genie Energy Services [17] - Consolidated gross profit decreased to $9 million from $16.1 million, primarily due to a weaker operating environment and mark-to-market losses on commodity hedges [19] - Adjusted EBITDA was negative $9.1 million compared to positive EBITDA of $1.8 million in the previous year [22] - Loss per share was $0.29, an increase from a loss of $0.09 per share in the year-ago quarter [22] Business Line Data and Key Metrics Changes - Genie Energy Services contributed $3.7 million in revenue, with significant contributions from the Prism Solar solution [10] - The company added 49,000 meters, with 35,000 in the U.S. and 14,000 internationally, representing increases of 10% and 25% respectively [7] - Customer acquisition expenses increased significantly due to higher domestic gross meter adds, which rose to 91,000 from 57,000 in the year-ago quarter [12] Market Data and Key Metrics Changes - Electricity sales increased to $49.2 million from $48.5 million, while natural gas sales decreased to $5.2 million from $7.4 million [18] - Electricity consumption per domestic meter fell by 2.7% and natural gas consumption decreased by 8.7% compared to the year-ago quarter [13] Company Strategy and Development Direction - The company is diversifying its revenue streams and has entered the Texas electricity market, which is the largest in the country, presenting significant growth opportunities [6] - Management emphasized the importance of customer retention and reducing churn, achieving a reduction in the monthly domestic churn rate to 4.4% from 5.3% in the previous quarter [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the underlying financial performance was not as strong as expected due to short-term factors but remains optimistic about the company's prospects [5] - The second quarter is typically the lowest consumption period of the year, and this year was further impacted by mild spring weather [23] Other Important Information - The company declared a quarterly dividend of $0.075 per share, reflecting confidence in its financial position despite the challenges faced [23] - The balance sheet remained strong with total assets of $147.6 million and cash and equivalents of $39.9 million [22] Q&A Session Summary Question: How is the Texas market performing so far? - Management indicated that they started a bit later than planned but do not expect any material impact. Full marketing enrollments are expected to begin soon, with cautious customer acquisition anticipated [26] Question: Update on Afek's testing equipment? - Management confirmed that the delay is primarily equipment-related, with testing expected to begin towards the end of the year, specifically mid-fourth quarter [29][30]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 520 Broad Street, Newark, New Jersey 07102 (Address of principal executive offices) (Zip Code) (973) 438-3500 (Registrant's telephone number, including area code) FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2019 or ☐ TRANSITION REPORT PURSU ...

Genie Energy Ltd (NYSE:GNE) Q1 2019 Earnings Conference Call May 6, 2019 8:30 AM ET Company Participants Michael Stein – Chief Executive Officer Avi Goldin – Chief Financial Officer Conference Call Participants Mike Heim – NOBLE Financial Aaron Shafter – Great Mountain Capital Management Kevin Schneider – Private Investor Operator Good morning and welcome to Genie Energy's First 2019 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] In this presentation Genie Energy's mana ...

Genie Energy Ltd. (NYSE:GNE) Q4 2018 Earnings Conference Call March 7, 2019 8:30 AM ET Company Participants Michael Stein - CEO Avi Goldin - CFO Conference Call Participants Michael Heim - Noble Capital Aaron Shafter - Great Mountain Capital Management Operator Good morning, and welcome to Genie Energy's Fourth Quarter and Full Year 2018 Earnings Call. All participants will be in listen-only mode [Operator Instructions]. In its presentation, Genie Energy's management team will discuss financial and operatio ...

Company Overview - Genie Energy Ltd is listed on the NYSE under the ticker symbols GNE and GNEPRA[1,5,6] - The company's market capitalization is $216 million as of January 22, 2019[5] - Genie Energy has $46.9 million in cash and $2.5 million in debt as of September 30, 2018[7] - The company's revenue for the trailing twelve months (TTM) ended September 30, 2018, was $290.6 million, with an income from operations of $10.8 million and an adjusted EBITDA of $27.4 million[7] Retail Energy Business - Genie Retail Energy operates in 14 states and D C in the US[10] - The company is launching in Texas, which has 6.2 million residential customers, 1.1 million commercial customers and 4300 industrial customers[8,14] - Genie Retail Energy is expanding internationally, with operations in Great Britain (TAM: 50 million meters), Finland (32000 electric meters) and plans to launch in Japan (TAM: 83 million electric meters)[8,17] Financial Performance & Strategy - The company is transitioning towards a pure-play retail energy provider model, reducing oil and gas exploration[20] - Adjusted EBITDA for Genie Retail and Corporate Overhead for the TTM ended September 30, 2018, was $32.6 million[32] - Adjusted EBITDA for Afek and Genie Oil & Gas (GOGAS) for the TTM ended September 30, 2018, was $(5.3) million[33]