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Genie Energy Ltd. is an independent energy producer and marketer operating across North America and internationally. The company's core business segments include the exploration and production of oil and natural gas, primarily in the United States, and the retail supply of electricity and natural gas to residential and commercial customers in deregulated markets. Through its Genie Oil & Gas segment, the company engages in the acquisition, exploration, and development of oil and gas reserves. This segment focuses on both conventional and unconventional resources. The Genie Retail Energy segment, a significant part of the company's operations, provides energy to millions of customers through various brands. It offers competitive pricing and customer service in the competitive energy retail landscape. Genie Energy aims to provide reliable and affordable energy solutions while pursuing opportunities in the upstream oil and gas sector. The company navigates the complexities of both commodity price volatility in exploration and the regulatory environment of energy retail.
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