Genie Energy (GNE) Reports Q1 Loss of $0.11

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Genie Energy Ltd. Reports First Quarter 2015 Results

May 5, 2015 7:30 AM EDT

NEWARK, NJ -- (Marketwired) -- 05/05/15 -- Genie Energy Ltd. (NYSE: GNE) (NYSE: GNEPRA) reported first quarter 2015 revenue of $74.4 million, negative Adjusted EBITDA* of $0.4 million, and a net loss attributable to common stockholders of $2.4 million ($(0.11) per basic and diluted share). 

Changes have been made in management roles for Genie Energy's two operating divisions, Genie Oil and Gas (GOGAS) and Genie Retail Energy (GRE). Geoffrey Rochwarger, Vice Chairman, has been named CEO of Genie Oil E&P, a new... More