HIGHBuilt-inProduct / Revenue mix
95.3%
Genie Retail Energy share of consolidated revenue
“10-K Item 1: 'GRE’s revenue represented approximately 95.3%, 94.9% and 95.6% of our total consolidated revenue in 2025, 2024 and 2023, respectively'”
GNE · Concentration risk · 10-K extracted
Genie Energy (GNE) concentration risks
Updated
The most significant concentration Genie Energy discloses is Genie Retail Energy share of consolidated revenue at 95.3%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Genie Energy’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
BP Energy Company preferred supplier agreement
“10-K Item 1: 'Certain of GRE's REPs are party to an Amended and Restated Preferred Supplier Agreement with BP Energy Company, or BP, through November 30, 2026.'”
LOWBuilt-inGeographic
12.5%
New York share of GRE meters served
“10-K Item 1A: 'New York represented 12.5% of GRE’s total meters served and 11.3% of the total residential customer equivalents'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-04Genie Energy is overwhelmingly a single-business story. Genie Retail Energy represented approximately 95.3% of total consolidated revenue, a high-share structural exposure: the company's results are effectively the results of its retail energy operation, so diversification across the rest of the portfolio offers little offset. Within that business, further exposures shape the risk. Certain retail energy providers are party to a preferred supplier agreement with BP Energy Company through November 30, 2026. This is a medium-share dependency, and its stated end date makes renewal or replacement terms a concrete event to watch rather than an abstract concern. Geographically, New York represented 12.5% of meters served, a low-share structural exposure that points to regulatory and weather conditions in one state mattering somewhat more than elsewhere. Together, the structural concentration in the retail energy unit dominates, while the supplier agreement is the idiosyncratic item most likely to move the verdict as its term approaches. The New York footprint is modest by comparison. All of these exposures are plainly disclosed in the filing.
For the engine’s reasoning on GNE’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Utilities - Regulated Electric
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CNP | CenterPoint Energy, Inc (Holdin | 2 | 2 | 0 | 4 |
| D | Dominion Energy, Inc. | 2 | 1 | 0 | 3 |
| AEE | Ameren Corporation | 2 | 0 | 0 | 2 |
| GNE● | Genie Energy Ltd. | 1 | 1 | 1 | 3 |
| AEP | American Electric Power Company | 0 | 2 | 0 | 2 |
| CMS | CMS Energy Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.