U.S. Markets open in 5 hrs 24 mins

Genie Energy reports 2Q loss

NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Thursday reported a second-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier.

The Newark, New Jersey-based company said it had a loss of 50 cents per share.

The provider of oil and gas energy services posted revenue of $52.2 million in the period.

Genie Energy shares have climbed 13 percent since the beginning of the year. The stock has increased 4.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNE at https://www.zacks.com/ap/GNE

_____

Keywords: Genie Energy, Earnings Report