Genie Energy (GNE) To Present At Noble Capital Markets 15th Annual Investor Conference - Slideshow

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]