GENIE ENERGY LTD. (NYSE:GNE) Files An 8-K Results of Operations and Financial Condition
Item2.02.
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Results of Operations and Financial Condition. |
On May 3, 2017, the Registrant posted an earnings release to the
investor relations page of its website (www.genie.com) announcing
its results of operations for the quarter ended March 31, 2017. A
copy of the earnings release concerning the foregoing results is
furnished herewith as Exhibit 99.1 and is incorporated herein by
reference.
The Registrant is furnishing the information contained in this
Report, including Exhibit 99.1, to Item 2.02 of Form 8-K
promulgated by the Securities and Exchange Commission (the SEC).
This information shall not be deemed to be filed with the SEC or
incorporated by reference into any other filing with the SEC
unless otherwise expressly stated in such filing. In addition,
this Report and the press release contain statements intended as
forward-looking statements that are subject to the cautionary
statements about forward-looking statements set forth in the
press release.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
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Exhibit No. |
Document | |
| 99.1 |
Press Release, dated May 3, 2017, reporting the results of |
About GENIE ENERGY LTD. (NYSE:GNE)
Genie Energy Ltd. (Genie) owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The Company operates through three segments: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services. Its REP businesses resell electricity and natural gas to residential and small business customers. The Afek segment operates an oil and gas exploration project. The GOGAS segment is an oil and gas exploration company. The GOGAS segment consists of early-stage oil shale projects, including its interest in Genie Mongolia, Inc., an oil shale exploration project; American Shale Oil Corporation, which holds and manages an interest in AMSO, LLC, an oil shale development project, and Israel Energy Initiatives, Ltd., an oil shale development project. GENIE ENERGY LTD. (NYSE:GNE) Recent Trading Information
GENIE ENERGY LTD. (NYSE:GNE) closed its last trading session down -0.06 at 7.55 with 101,796 shares trading hands.
