| Genie Energy is a provider of energy services and through its various subsidiaries, supplies electricity, and natural gas to residential and small business customers. Co. has four segments: Genie Retail Energy (GRE), which comprised of retail energy providers (REPs) and related businesses; Genie Retail Energy International, LLC, which REP businesses purchase electricity on the wholesale markets and resell these commodities to their residential customers; Genie Energy Services, which comprised of businesses that market and provide energy solutions; and Genie Oil and Gas, Inc., which is an oil and gas exploration company and owns an interest in a contracted drilling services operation. We show 37 historical shares outstanding datapoints in our GNE shares outstanding history coverage, used to compute GNE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GNE market cap history over the course of time is important for investors
interested in comparing GNE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GNE versus a peer is one thing; comparing
GNE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GNE can fluctuate over the course of history.
With this page we aim to empower investors researching GNE by allowing them to research the GNE market cap history.