Company:  GENIE ENERGY LTD. (GNE)
Form Type:  10-Q
Filing Date:  5/10/2017 
CIK:  0001528356 
Address:  520 BROAD STREET 
City, State, Zip:  NEWARK, New Jersey 07012 
Telephone:  973-438-3500 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$5.29  
Change: 
0.13 (2.52%)  
Trade Time: 
May 25  
Market Cap: 
$124.06M
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Description of Business
Genie Energy Ltd. is comprised of GRE, which owns and operates retail energy providers, or REPs, including IDT Energy, Inc., or IDT Energy, Residents Energy, LLC, or Residents Energy, Town Square Energy, or TSE, and Mirabito Natural Gas, or Mirabito, and also offers energy brokerage and advisory services through its Genie Retail Energy Services and Diversegy divisions. Its REP businesses resell electricity and natural gas to residential and small business customers primarily in the Eastern United States. Through a joint venture, GRE has begun serving customers in Great Britain. The Company also is comprised of Genie Oil and Gas, Inc., (GOGAS), an oil and gas exploration company with contracted drilling services as well. GOGAS' four exploration projects are inactive. GOGAS also holds a 100% interest in Atid, an early stage drilling services company operating in Israel.
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  FORM 10-Q
    PART I. FINANCIAL INFORMATION
      Item 1. Financial Statements (Unaudited)
        BALANCE SHEET
        INCOME STATEMENT
        CASH FLOW
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
      Item 2. Management's Discussion and Analysis of Financial ...
      FINANCIAL STATEMENTS
        CASH FLOW
      Item 3. Quantitative and Qualitative Disclosures About ...
      Item 4. Controls and Procedures
    PART II. OTHER INFORMATION
      Item 1. Legal Proceedings
      Item 1A. Risk Factors
      Item 2. Unregistered Sales of Equity Securities and Use of ...
      Item 3. Defaults upon Senior Securities
      Item 4. Mine Safety Disclosures
      Item 5. Other Information
      Item 6. Exhibits
    SIGNATURES
  EXHIBIT 31.1
    CERTIFICATION OF CHIEF EXECUTIVE OFFICER
  EXHIBIT 31.2
    CERTIFICATION OF CHIEF FINANCIAL OFFICER
  EXHIBIT 32.1
    Certification Pursuant to
  EXHIBIT 32.2
    Certification Pursuant to