Genesis Energy, L.P. (GEL)
| Market Cap | 1.22B |
| Revenue (ttm) | 3.01B |
| Net Income (ttm) | -89.81M |
| Shares Out | 122.46M |
| EPS (ttm) | -0.73 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.66 (6.60%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 933,027 |
| Open | 9.92 |
| Previous Close | 9.92 |
| Day's Range | 9.86 - 10.13 |
| 52-Week Range | 9.86 - 15.17 |
| Beta | 2.09 |
| Analysts | Buy |
| Price Target | 16.00 (+60.0%) |
| Earnings Date | Feb 13, 2025 |
About GEL
Genesis Energy, L.P. provides integrated suite of midstream services in crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation, Soda and Sulfur Services, Marine Transportation, and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as deep water pipeline servicing. This segment also owns interests in offshore crude oil and natural gas pipeline syst... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GEL stock is "Buy." The 12-month stock price forecast is $16.0, which is an increase of 60.00% from the latest price.
News
Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Up to $575 Million Aggregate Principal Amount of Its 8.0% Senior Notes Due 2027
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that receipt of tenders for an aggregate principal amount of $877,967,000 of our outstanding 8.0% senior notes due 2027 (the ...
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I...
Genesis Energy, L.P. to Participate in Wells Fargo's 23rd Annual Midstream, Energy & Utilities Symposium
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at Wells Fargo's 23rd Annual Midstream, Energy & Utilities Symposium in New York City on ...
Genesis Energy, L.P. Announces Increase to Previously Announced Tender Offer for its 8.0% Senior Notes due 2027
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today, in connection with our previously announced cash tender offer (the “Tender Offer”) for our 8.0% Senior Notes due 2027 ( “Not...
Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $600,000,000 in aggregate principal amount of 8.000% senior notes due 2033 (the “note...
Genesis Energy, L.P. Announces Tender Offer for up to $385 Million Aggregate Principal Amount of Its 8.0% Senior Notes Due 2027
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a cash tender offer to purchase up to $385 million (the “Tender Cap”) of the outstanding aggregate princi...
Genesis Energy, L.P. Announces Public Offering of Senior Notes
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $400,000,000 in ag...
Genesis Energy, L.P. Releases 2023 Sustainability Report
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the company's 2023 Sustainability Report is now available and can be accessed on the Company's website at https://www.ge...
Buy The Dip: Big Dividend Growth Stocks Getting Way Too Cheap
High-yield dividend growth stocks have been on a strong run over the past four months. However, there are several that have not participated in the rally and have even dipped sharply in some cases. We...
Genesis Energy: Short-Term Headwinds, Long-Term Potential
Genesis Energy recently posted disappointing results for Q3 2024 as they faced various short-term headwinds. Despite hurting their unit price, they still have long-term potential for significant distr...
Genesis Energy, L.P. (GEL) Q3 2024 Earnings Call Transcript
Genesis Energy, L.P. (NYSE:GEL) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Dwayne Morley - Vice President, Investor Relations Grant Sims - Chief Executive Offi...
Genesis Energy, L.P. Reports Third Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its third quarter results. We generated the following financial results for the third quarter of 2024: Net Loss Attributable ...
Genesis Energy, L.P. Declares Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that the Board of Directors of its general partner declared a quarterly cash distribution to be paid to Genesis common unit h...
Midstream Energy - Relative Quality
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...
A Rare High-Yield Buying Opportunity
The high-yield sector has soared recently. However, one sector has lagged behind significantly despite having very strong underlying fundamentals. This creates a rare high-yield buying opportunity.
Genesis Energy, L.P. to Participate in Citi's 2024 One-on-One Midstream / New Energy Infrastructure Conference
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at Citi's 2024 One-on-One Midstream / New Energy Infrastructure Conference in Las Vegas, ...
Genesis Energy, L.P. Reports Second Quarter 2024 Results, Announces a Distribution Increase Attributable to the Third Quarter 2024, And Discusses Future Capital Allocation Priorities
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its second quarter results. We generated the following financial results for the second quarter of 2024: Net Loss Attributabl...
Genesis Energy, L.P. Sets Date for Release of Second Quarter Results and Conference Call
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Second Quarter ended June 30, 2024 on August 1, 2024, before the market opens. Genesis Energy, L.P.'s Seco...
Genesis Energy, L.P. Extends Its Existing Secured Credit Facility into September 2028
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that on July 19, 2024, it successfully syndicated, upsized and closed on an extension of its existing revolving credit facili...
Genesis Energy L.P.'s 2023 Schedule K-3 Now Available
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its 2023 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this ...
ANSAC Increases Export Prices by US$25.00 per Metric Ton
WESTPORT, Conn.--(BUSINESS WIRE)--Effective July 1, 2024, American Natural Soda Ash Corporation (“ANSAC”) announced today that it is raising export prices US$25.00/MT on all non-contract sales of soda...
Genesis Energy, L.P. to Participate in Investor Conferences
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the following conferences: 2024 RBC Capital Markets Global Energy, Power & Infrastruct...
Genesis Energy, L.P. to Participate in the 21st Annual Energy Infrastructure CEO & Investor Conference
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the 21st Annual Energy Infrastructure CEO & Investor Conference on Wednesday, May 22 a...
Genesis Energy, L.P. Class A Common Units (GEL) Q1 2024 Earnings Call Transcript
Genesis Energy, L.P. Class A Common Units (NYSE:GEL) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Dwayne Morley - Vice President, Investor Relations Grant Sims - Chai...
Genesis Energy, L.P. Reports First Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its first quarter results. We generated the following financial results for the first quarter of 2024: Net Income Attributabl...