Genesis Energy, L.P. (GEL)
| Market Cap | 1.68B |
| Revenue (ttm) | 2.97B |
| Net Income (ttm) | -151.52M |
| Shares Out | 122.46M |
| EPS (ttm) | -1.24 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.66 (4.82%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 265,806 |
| Open | 13.64 |
| Previous Close | 13.75 |
| Day's Range | 13.61 - 13.99 |
| 52-Week Range | 9.86 - 16.44 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 16.50 (+20.44%) |
| Earnings Date | May 1, 2025 |
About GEL
Genesis Energy, L.P. engages in the midstream segment of the 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 systems, platfo... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GEL stock is "Buy." The 12-month stock price forecast is $16.5, which is an increase of 20.44% from the latest price.
News
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...
Genesis Energy, L.P. Provides Update on Balance Sheet Simplification
HOUSTON--(BUSINESS WIRE)--Genesis Energy LP (NYSE: GEL) today announced an update on its recent and near-term expected deployment of the approximately $1.010 billion in cash, net of estimated transact...
2024 K-1 Tax Packages for Genesis Energy, L.P.
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the 2024 tax packages, including Schedule K-1s, are now available online. The 2024 tax package may be accessed through t...
Genesis Energy, L.P. Extends Common Unit Repurchase Program
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its Board of Directors has extended its common equity repurchase program for its outstanding Class A common units (the “...
Genesis Energy, L.P. Announces Senior Notes Redemption
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it will redeem the entire outstanding principal amount of its 8.0% senior notes due 2027 (the “Notes”) that were co-issu...
Genesis Energy, L.P. Files Form 10-K
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 with the Securities and Exchange...
Genesis Energy sells soda ash operations for $1.43 bln
Genesis Energy said on Monday it had sold its soda ash manufacturing and related operations to an indirect unit of WE Soda for $1.43 billion.
Genesis Energy, L.P. Announces the Sale of its Soda Ash Operations
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that it has closed a transaction to sell its soda ash manufacturing and related operations (the “Alkali Business”) to an indi...
Genesis Energy: Reaching An Inflection Point
Genesis Energy is nearing an inflection point with major capital projects nearly complete, leading to reduced capex and increased free cash flow. Management's focus on cost-cutting and debt reduction ...
Genesis Energy, L.P. Class A Common Units (GEL) Q4 2024 Earnings Call Transcript
Genesis Energy, L.P. Class A Common Units (NYSE:GEL) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Dwayne Morley - Vice President, Investor Relations Grant Sims ...
Genesis Energy, L.P. Reports Fourth Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its fourth quarter results. We generated the following financial results for the fourth quarter of 2024: Net Loss Attributabl...
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...
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 ...
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, ...