Genesis Energy L.P. (GEL)

NYSE: GEL · IEX Real-Time Price · USD
9.70
-0.13 (-1.32%)
Dec 9, 2022 4:00 PM EST - Market closed
-1.32%
Market Cap 1.20B
Revenue (ttm) 2.66B
Net Income (ttm) -109.52M
Shares Out 122.58M
EPS (ttm) -1.72
PE Ratio n/a
Forward PE 9.66
Dividend $0.60 (6.19%)
Ex-Dividend Date Oct 28, 2022
Volume 892,175
Open 9.75
Previous Close 9.83
Day's Range 9.43 - 9.88
52-Week Range 7.61 - 13.44
Beta 2.20
Analysts Buy
Price Target 16.66 (+71.8%)
Earnings Date Oct 27, 2022

About GEL

Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment offers sulfur-extraction services ... [Read more]

Industry Oil, Gas & Consumable Fuels
IPO Date Sep 6, 1996
CEO Grant Sims
Employees 1,892
Stock Exchange NYSE
Ticker Symbol GEL
Full Company Profile

Financial Performance

In 2021, Genesis Energy's revenue was $2.13 billion, an increase of 16.49% compared to the previous year's $1.82 billion. Losses were -$165.07 million, -60.38% less than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for GEL stock is "Buy." The 12-month stock price forecast is 16.66, which is an increase of 71.75% from the latest price.

Price Target
$16.66
(71.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genesis Energy, L.P. to Participate in the Wells Fargo 21st Annual Midstream & Utilities Symposium

HOUSTON--( BUSINESS WIRE )--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Wells Fargo 21st Annual Midstream & Utilities Symposium in New York, New York. The conference...

2 days ago - Business Wire

Genesis Energy, L.P. to Participate in the RBC Capital Markets Midstream and Energy Infrastructure Conference

HOUSTON--( BUSINESS WIRE )--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the RBC Capital Markets Midstream and Energy Infrastructure Conference in Dallas, Texas. The conf...

3 weeks ago - Business Wire

Genesis Energy, L.P. Reports Third Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P.

1 month ago - Business Wire

Genesis Energy, L.P. Sets Date for Release of Third Quarter Results and Conference Call

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P.

1 month ago - Business Wire

Genesis Energy, L.P. Declares Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on October 10, 2022, the Board of Directors of its general partner declared a distribution on Genesis' common units and 8...

1 month ago - Business Wire

Genesis Energy, L.P. to Participate in the Wells Fargo Leveraged Finance Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Wells Fargo Leveraged Finance Conference in Nashville, Tennessee. The conference is being held ...

3 months ago - Business Wire

Genesis Energy L.P.'s 2021 Schedule K-3 Now Available

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its 2021 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this in...

3 months ago - Business Wire

Genesis Energy, L.P. to Participate in the Citi One-on-One Midstream / Energy Infrastructure Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, Nevada. The conferen...

3 months ago - Business Wire

Genesis Energy, L.P. Reports Second Quarter 2022 Results

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 2022: Net Income Attributabl...

4 months ago - Business Wire

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, 2022 on July 28, 2022, before the market opens. Genesis Energy, L.P.'s Second ...

5 months ago - Business Wire

Genesis Energy, L.P. to Participate in the BofA Securities Energy Credit Conference 2022

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the BofA Securities Energy Credit Conference 2022 in New York, New York. The conference is being he...

6 months ago - Business Wire

Genesis Energy, L.P. Fully Redeems Alkali Asset-Level Preferred Units

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it has redeemed 100% of the Alkali asset-level preferred units that were originally issued in 2019 to fund the expansion o...

6 months ago - Business Wire

Genesis Energy, L.P. to Participate in the 2022 EIC Investor Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the 2022 EIC Investor Conference in West Palm Beach, Florida. The conference is being held in perso...

6 months ago - Business Wire

Genesis Energy, L.P. Reports First Quarter 2022 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 2022: Net Loss Attributable to...

7 months ago - Business Wire

Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the First Quarter ended March 31, 2022 on May 4, 2022, before the market opens. Genesis Energy, L.P.'s First Qua...

7 months ago - Business Wire

Genesis Energy, L.P. to Present at the Barclays Midstream & Clean Infrastructure Corporate Access Days

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Barclays Midstream & Clean Infrastructure Corporate Access Days. The conference is being held v...

9 months ago - Business Wire

2021 K-1 Tax Packages for Genesis Energy, L.P.

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the 2021 tax packages, including Schedule K-1s, are now available online. They may be accessed through the K-1 Partner Rel...

9 months ago - Business Wire

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, 2021 with the Securities and Exchange C...

9 months ago - Business Wire

Genesis Energy, L.P. Reports Fourth Quarter 2021 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 2021: Net Loss Attributable ...

9 months ago - Business Wire

Genesis Energy, L.P. Sets Date for Release of Fourth Quarter Results and Conference Call

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Fourth Quarter ended December 31, 2021 on February 17, 2022, before the market opens. Genesis Energy, L.P.'s...

10 months ago - Business Wire

Genesis Energy, L.P. to Participate in Investor Conferences

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the following investor conferences: Capital One Securities 16th Annual Energy Conference, Monday, D...

1 year ago - Business Wire

Genesis Energy, L.P. to Participate in the BofA Securities 2021 Virtual Leveraged Finance Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the BofA Securities 2021 Virtual Leveraged Finance Conference. The conference is being held virtual...

1 year ago - Business Wire

Genesis Energy, L.P. Sells 36% Minority Equity Interest in its Cameron Highway Oil Pipeline System

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today the closing of the sale of a 36% minority equity interest in its Cameron Highway Oil Pipeline System (“CHOPS”) to an undisclose...

1 year ago - Business Wire

Genesis Energy, L.P. Reports Third Quarter 2021 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 2021: Net Loss Attributable to...

1 year ago - Business Wire

Genesis Energy, L.P. to Present at the Citi One-on-One Midstream and Energy Infrastructure Virtual Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi One-on-One Midstream and Energy Infrastructure Virtual Conference. The conference is being...

1 year ago - Business Wire