Genie Energy Ltd (NYSE:GNE)
$ 14.99 -0.23 (-1.51%) Market Cap: 407.73 Mil Enterprise Value: 262.19 Mil PE Ratio: 187.38 PB Ratio: 1.93 GF Score: 65/100

Q2 2019 Genie Energy Ltd Earnings Call Transcript

Aug 05, 2019 / 12:30PM GMT
Release Date Price: $7.59 (-28.80%)
Operator

Good morning, and welcome to Genie Energy's Second Quarter 2019 Earnings Call. (Operator Instructions)

In this presentation, Genie Energy's management team will discuss financial and operational results for the 3-month period ended June 30, 2019. Any forward-looking statements made during this conference call, either in the prepared remarks or in the question-and-answer session, whether general or specific in nature, are subject to risks and uncertainties that may cause actual results to differ materially from those which the company anticipates. These risks and uncertainties include, but are not limited to, specific risks and uncertainties discussed in the reports that Genie Energy files periodically with the SEC. Genie Energy assumes no obligation either to update any forward-looking statements that they have made or may make or to update the factors that may cause actual results to differ materially from those that they forecast.

During their remarks, management may make reference to adjusted EBITDA, which is a non-GAAP measure. Management believes that Genie Energy's adjusted EBITDA

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