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Genie Energy Ltd. (GNE)

NYSE - NYSE Delayed Price. Currency in USD
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7.52-0.09 (-1.18%)
At close: 4:00PM EST

Genie Energy Ltd.

520 Broad Street
Newark, NJ 07102
United States
973-438-3500
http://www.genie.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full Time Employees286

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael M. SteinChief Exec. Officer779.03kN/A1984
Mr. Avi GoldinChief Financial Officer615.73kN/A1977
Ms. Joyce J. Mason Esq.Corp. Sec.N/AN/A1959
Mr. Efraim EitamPres of Genie Oil & GasN/AN/AN/A
Mr. Alan SchwabPres & COO of Genie Retail Energy, Inc.N/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider, and an oil and gas exploration company. The company operates through four segments: Genie Retail Energy (GRE); GRE International; Genie Energy Services; and Genie Oil and Gas, Inc. It resells electricity and natural gas to residential and small business customers primarily in the Eastern and Midwestern United States, as well as in the United Kingdom, Japan, and Finland. The company also engages in the provision of energy advisory and brokerage services; and solar panel manufacturing, and solar installation design and project management activities. In addition, it holds an 86.1% interest in the southern portion of the Golan Heights in Northern Israel, as well as owns an interest in a contracted drilling services operation. Genie Energy Ltd. is headquartered in Newark, New Jersey.

Corporate Governance

Genie Energy Ltd.’s ISS Governance QualityScore as of January 22, 2021 is 9. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 9; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.