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Genie Energy Ltd.

Company Description

Genie Energy Ltd. engages in the provision of oil and gas energy services. It operates through the following segments: GRE, Afek, and GOGAS. The GRE segment operates retail energy providers, including IDT Energy, Residents Energy and Town Square Energy, and energy brokerage and marketing services. The Afek segment operates an oil and gas exploration project in the Golan Heights in Northern Israel. The GOGAS segment comprises oil and gas exploration project in Israel operated by its subsidiary, Afek Oil and Gas, Ltd. The company was founded by Howard S. Jonas on January 2011 and is headquartered in Newark, NJ. [Source: MarketWatch]

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