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March 8, 2018
Genie Retail Energy reported quarterly Adjusted EBITDA of $12.8 million for the fourth quarter of 2017, up from $3.1 million a year ago, on strong consumption and robust electricity margins
January 3, 2018
Diversegy, LLC, a commercial energy advisory firm and subsidiary of Genie Energy Ltd., today announced that it is, "seeking strategic partnerships within the commercial energy brokerage industry."
November 17, 2017
Genie Energy Ltd. announced that, as the result of an analysis of an exploratory well in its drilling business and an attendant suspension of such exploratory activity, the company, "plans to sharpen its strategic focus on its retail energy supply business."
November 2, 2017
Genie Retail Parent Names New CEO
Genie Retail Energy (GRE), the parent of IDT Energy and other retail energy brands, continued to see accelerated customer growth during the three months ended September 30, 2017
September 11, 2017
Several ESCOs filed individual requests with the New York PSC on Friday asking that the PSC direct the utilities to send updated lists of assistance program participant (APP) customers prior to starting the process of ending service to such customers, and also sought more time so they may comply…
August 23, 2017
Diversegy, LLC, a commercial energy advisory firm and subsidiary of Genie Energy, today announced that it released a matrix pricing tool on its "ELIAS" (Energy Lead Information Allocation System) sales platform.
August 14, 2017
Genie Energy Ltd today announced that its Genie Retail Energy division has acquired Mirabito Natural Gas, a Ft. Lauderdale, Florida-based natural gas supplier, from Angus Energy for $3 million plus Mirabito's working capital.
August 4, 2017
Genie Retail Energy (GRE) reported higher customer growth during the three months ended June 30, 2017 (2Q 2017), compared with the growth seen in the three months ended March 31, 2017.
August 3, 2017
Genie Energy Ltd formally announced a joint venture with Energy Global Company (EGC) to offer electricity and natural gas service to residential and small business customers in the United Kingdom's (UK's) deregulated retail energy market.
July 21, 2017
On July 17, 2017, a subsidiary of Genie Energy Ltd. (the "Registrant") entered into a definitive agreement with a partner to launch a joint venture offering electricity and natural gas service to residential and small business customers in the United Kingdom, Genie Energy Ltd. reported in an 8-K
June 12, 2017
IDT Energy, Inc., announced today that it has launched indirect energy procurement and advisory services for commercial and industrial customers.
May 4, 2017
Genie Retail Energy (GRE), the parent of IDT Energy and other retail energy brands, reported customer growth during the quarter ending March 31, 2017 (first quarter), while earnings were down slightly due to lower margins.
April 5, 2017
Genie Energy Ltd., the parent of several retail energy suppliers including IDT Energy, announced that its Genie Retail Energy division has secured a $20.0 million revolving loan facility with Vantage Commodities Financial Services, LLC.
March 8, 2017
Parent of Retail Supplier Names New COO
Genie Retail Energy, which as previously reported in the fourth quarter of 2016 closed on its acquisition of the Town Square Energy retail suppliers, is looking for additional acquisition opportunities
November 3, 2016
Genie Retail Energy announced that on November 2 it closed on its acquisition of Retail Energy Holdings, LLC (REH), the owner of the Town Square Energy retail suppliers, for $9.5 million in cash plus working capital.
September 12, 2016
Town Square Energy expects its sale to Genie Retail Energy, Inc. to close by approximately September 30, 2016.
August 5, 2016
Genie Retail Energy (GRE), the parent of IDT Energy and several other retail energy companies, reported higher earnings for the quarter ending June 30, 2016 on the strength of improved margins, higher commodity volumes sold, and reduced SG&A expense
July 26, 2016
Genie Retail Energy has entered into an agreement to purchase Retail Energy Holdings, LLC, the parent of retail suppliers Town Square Energy, LLC and Town Square Energy East, LLC (f/k/a Discount Energy Group).
June 20, 2016
Mint Energy applied for an Illinois alternative retail electric supplier license to serve non-residential retail customers with annual electrical consumption greater than 15,000 kWh at Commonwealth Edison
May 5, 2016
Genie Retail Energy, the parent of IDT Energy and several other brands, reported sharply higher first quarter earnings on lower supply costs, and reported continued customer growth
May 4, 2016
The temporary restraining order applicable to certain orders contained in the New York PSC's "full stop" retail market order has been extended again, until May 20, 2016, Genie Energy told investors in reporting earnings this morning.
March 9, 2016
Genie Retail Energy continued net customer growth during the fourth quarter of 2015, though at a slower pace than the third quarter of 2015
February 16, 2016
Future Now Energy, Receives Supplier License in New State
January 25, 2016
The Board of Directors of Genie Energy Ltd., the parent of IDT Energy and other retail energy companies, has resumed a quarterly dividend on its common stock and declared a payment of $0.06 per share for the fourth quarter of 2015.
January 8, 2016
Residents Energy Seeks License in New State
