| Genie Energy through its subsidiary, Genie Energy International Corporation (GEIC), which owns Genie Retail Energy (GRE), owns and operates retail energy providers (REP). Its REP businesses resell electricity and natural gas to residential and business customers primarily in the Eastern U.S. Internationally, GRE manages Co.'s interest in a joint venture that serves retail customers in the U.K. Co. has three reportable business segments: GRE, which is comprised of REP and related businesses; Genie Energy Services, which is comprised of businesses that market and provide energy solutions; and Genie Oil and Gas, Inc., which owns an interest in a contracted drilling services operation. The GNE YTD return is shown above.
The YTD Return on the GNE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether GNE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GNE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.