Genie Energy (GNE) news

CMA CGM - From 2029, this facility, developed by Engie, will supply 7,000 tonnes of biomethane (equivalent to 100 GWh) each year to the CMA CGM fleet

CMA CGM has announced a new initiative in its ongoing efforts to achieve carbon neutrality by 2050, with a facility developed by Engie set to supply 7,000 tonnes of biomethane annually, equivalent to 100 gigawatt-hours (GWh), to the CMA CGM fleet starting in 2029. This development aligns with the…

Genesis Energy Ltd - FY dividend 14.88 NZ cps

Genesis Energy Ltd (GNE) has announced its full-year (FY) dividend for 2026 at 14.88 New Zealand cents per share (cps), reflecting a combination of its most recent special and final dividends. The previous special dividend was 1.29cps, with the final dividend expected in October . The ex-dividend…

Genie Energy Q2 gross margin 33.5% (corrects amount)

Genie Energy Ltd. (NYSE: GNE) reported a gross margin of 33.5% for the second quarter of 2025, a correction from previously stated figures. This margin reflects a notable decline from the prior year’s 36.8%, underscoring the challenges the company faced in maintaining profitability amid rising…

Genie Energy Q2 revenue USD 100.4 million (corrects amount)

Genie Energy reported second-quarter revenue of USD 100.4 million, reflecting a modest increase compared to the same period in previous years. This figure aligns with the company’s ongoing efforts to expand its retail energy services in New York, Pennsylvania, and New Jersey. The quarterly revenue…

Genie sees FY adjusted EBITDA $285M to $295M, saw $270M to $280M