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Genie Energy (GNE) to Announce Third Quarter Results on November 13th

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NEWARK, N.J.--(BUSINESS WIRE)--

Genie Energy Ltd., (NYSE: GNE) a leading independent retail energy provider and a developer of unconventional energy projects, will announce financial results for the third quarter of 2012 (the three months ended September 30th) on Tuesday, November 13, 2012.

On November 13th, Genie Energy will issue the earnings release at 7:30 AM Eastern. The earnings release will also be posted in the “Investors” section of the Genie Energy website (www.genie.com/investors) and filed in a current report (Form 8-K) with the S.E.C. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook and strategy. The call will begin with management's remarks followed by Q&A with analysts and investors.

To listen to the call and/or to participate in the Q&A, dial toll-free 1-877-317-6789 or 1-412-317-6789 (international) and request the Genie Energy call.

Approximately one hour after the call concludes, an audio file of the call in MP3 format replay will be available on the “Investors” section of the Genie Energy website www.genie.com/investors. In addition, a teleconference replay will be available through November 20, 2012 at 1-877-344-7529 (US toll free) or at 1-412-317-0088 (international). Callers should ask for conference call #10019590. They will be asked to state their name and their company's name.

Earlier this year, Genie Energy changed its fiscal year-end to December 31st. Going forward, the Company's fiscal quarters will end on the last day of March, June, September and December each year.

About Genie Energy Ltd.:

Genie Energy Ltd (NYSE: GNE) is comprised of IDT Energy and Genie Oil and Gas (GOGAS). IDT Energy is a leading independent retail energy provider supplying electricity and natural gas to residential and small business customers in the Northeastern United States. GOGAS is pioneering technologies to produce clean and affordable transportation fuels from the world's abundant oil shales and other unconventional fuel resources. GOGAS resource development projects include oil shale initiatives in Colorado and Israel. For more information, visit www.genie.com.

Genie Energy Investor Relations
Bill Ulrey, 973-438-3848
invest@genie.com

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