Genie Energy Ltd (NYSE: GNE, GNEPRA) Investor Presentation August 2014
Investment Case: The Future of Energy Genie Energy combines the huge potential upside of energy exploration with the strong financial performance of a traditional Retail Energy Provider (REP) Strong balance sheet and capital structure…
Genie Overview Oil and Gas exploration and Retail energy provider (REP) operating production company in the Eastern U.S. World class scientific team focused on Founded in 2004, now one of the largest conventional and…
Genie Energy: At a Glance Genie Symbol NYSE: GNE Energy Ltd. Stock Price* 7.53 (NYSE:GNE) Shares Outstanding 24.7 Million Symbol NYSE: GNEPRA Genie Oil & Stock Price* 7.50 IDT Energy Gas Shares Outstanding 2.3 Million Market…
Genie Oil and Gas Investment Thesis Growing Global Demand and Peaking Supply of Easy Oil is Driving Demand for New Conventional and Unconventional Sources of Production Oil Exploration License in Northern Israel Near-term Production…
GOGASs World Class Technical Team Harold Vinegar, Ph.D., Chief Scientist, Genie Oil & Gas Chief Scientist Royal Dutch Shell (retired), 38 years experience in unconventional resources, 295 US patents, U.S. National Academy Engineering,…
Afek Oil & Gas Genies exploration work in Israel has identified a potential oil block with billions of barrels of resource potential The thesis is based on analysis and interpretation of cores from a previously drilled well…
Afek Oil & Gas Genies exclusive exploration license covers 396.5 square kilometers in Northern Israel The three-year license was granted in 2013 and can be extended for up to four additional years. Upon attaining a discovery, the…
Oil Shale Oil shale generally refers to a sedimentary rock that contains solid hydrocarbon materials called kerogen When oil shale is heated to 650F the kerogen generates hydrocarbon liquids and gases In-situ extraction has…
In Situ Conversion (ICP): Benefits Heaters inserted into Elevated temperature Recovery of light holes gradually heat upgrades kerogen to hydrocarbon products. subsurface lighter fractions Coke left in reservoir Benefits of In Situ…
Israel Energy Initiatives (IEI) Exclusive oil shale exploration license in Israel Covers 238 km2 in south Shfela region with an estimated 40 billion boe in place Upon conclusion of successful pilot and declaration of discovery, IEI…
Genie Mongolia Genie partnership with the Mongolian government to explore a 34,400 km2 block for attractive oil shale deposits Genie has identified a number of areas that potentially have world-class oil shale deposits (quantity,…
American Shale Oil (AMSO) AMSO is developing a federal RD&D lease in the Piceance Basin of Colorado AMSO LLC is 45% owned by Genie & 55% by Total, S.A. Genie operating AMSO during pre-commercial phase Total funds the majority of R&D…
Key Genie Oil & Gas Upcoming Milestones GOGAS development approach creates both near term and long term shareholder value Afek Genie Mongolia Securing final permits for exploration drilling Identification of attractive oil shale basins…
IDT Energy - Overview IDT Energy is a leading retail energy provider (REP) Founded in 2004, now one of the largest independent residential REPs in Northeast Purchases electricity and gas in wholesale markets for resale to end users…
IDT Energy Meter + RCE Performance METERS COMMENTARY 2011-12: Focused on 600,000 500,000 acquiring relatively 400,000 higher consumption 300,000 electric meters primarily 200,000 in new PA territories 100,000 2006 2007 2008…
Epiq and Diversegy EPIQ Energy is an innovative energy Diversegy is a retail energy advisory and brokerage firm that utilizes network brokerage company that serves marketing to drive customer growth commercial and industrial…
California, Colorado, Florida, New York, New Jersey, Arizona, California, Colorado, DC, Florida, Georgia, Georgia, Illinois, Maryland, Pennsylvania, Maryland, Illinois, Indiana, Kentucky, Maine, Maryland, Michigan, New York, Ohio, DC,…
IDT Energy Markets & Opportunities Res. Meters % Res. Residential IDT Market Total Meters Migrated to Meters Meters Share REPs Migrated (in thousands) (in thousands) (in thousands) Existing Markets New York 11,422 10,113 2,265…
Genie Energy Investment Thesis Investment Exposure to Two Powerful Trends Within the Energy Sector Increasing global demand and peaking production of conventional (easy) oil Near-term upside of oil exploration license in northern…
Cautionary Statements Regarding Oil and Gas Quantities The Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that meet the…
Reconciliation of Non-GAAP Financials Reconciliation of Non-GAAP Financial Measures In addition to including financial results that are determined in accordance with generally accepted accounting principles in the United States of America…
Reconciliation of Non-GAAP Financials Genie Energy (NYSE: GNE) Genie Page 5 Energy (in thousands) TTM EBITDA (1,503) Subtract (add): Depreciation and amortization 118 Non-Cash Compenasation 5,653 Income (loss) from operations (7,274)…
Avi Goldin Chief Financial Officer agoldingenie.com (973) 438-4075