Genesis Energy L.P. (GEL)

NYSE: GEL · IEX Real-Time Price · USD
11.27 0.09 (0.81%)
Jan 19, 2022 9:42 AM EST - Market open
Market Cap1.38B
Revenue (ttm)2.00B
Net Income (ttm)-256.70M
Shares Out122.58M
EPS (ttm)-2.09
PE Ration/a
Forward PE9.24
Dividend$0.60 (5.32%)
Ex-Dividend DateJan 28, 2022
Volume14,215
Open11.34
Previous Close11.18
Day's Range11.22 - 11.33
52-Week Range5.73 - 13.48
Beta2.46
AnalystsBuy
Price Target12.33 (+9.4%)
Earnings DateNov 4, 2021

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 ...

IndustryOil, Gas & Consumable Fuels
IPO DateSep 6, 1996
CEOGrant Sims
Employees1,897
Stock ExchangeNYSE
Ticker SymbolGEL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Genesis Energy stock is "Buy." The 12-month stock price forecast is 12.33, which is an increase of 9.41% from the latest price.

Price Target
$12.33
(9.41% upside)
Analyst Consensus: Buy

News

Genesis Energy, L.P. Declares Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on January 12, 2022, the Board of Directors of its general partner declared a distribution on Genesis' common units and 8...

6 days 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 month 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 month 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...

2 months 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...

2 months ago - Business Wire

New Strong Sell Stocks for October 20th

GEL, WWD, IBIO, SI, and ATEC have been added to the Zacks Rank #5 (Strong Sell) List on October 20, 2021.

Other symbols:ATECIBIOSIWWD
2 months ago - Zacks Investment Research

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

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Third Quarter ended September 30, 2021 on November 4, 2021, before the market opens. Genesis Energy, L.P.'s ...

3 months 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...

5 months ago - Business Wire

Why Phillips 66, Genesis Energy, and W&T Offshore Stocks are Getting Crushed Today

A combination of falling oil prices, worries about the delta coronavirus variant, and reactions to earnings is sending most oil stocks down on Wednesday.

Other symbols:PSXWTI
5 months ago - The Motley Fool

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

5 months ago - Business Wire

New Strong Sell Stocks for July 23rd

FDMT, BOOM, FRPT, GEL and HTBK have been added to the Zacks Rank #5 (Strong Sell) List on July 23, 2021.

Other symbols:BOOMFDMTFRPTHTBK
5 months ago - Zacks Investment Research

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, 2021 on August 4, 2021, before the market opens. Genesis Energy, L.P.'s Second...

5 months ago - Business Wire

Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index

DALLAS, July 1, 2021 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® MLP High Income Index (the "Index") as part of normal...

Other symbols:DCPHMLPOMP
6 months ago - PRNewsWire

Genesis Energy, L.P. to Present at the BofA Securities 2021 Energy Credit Conference

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

7 months ago - Business Wire

Genesis Energy, L.P. to Present at the 2021 EIC Investor Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the 2021 Energy Infrastructure Council (“EIC”) Investor Conference. The conference is being held in...

8 months ago - Business Wire

Genesis Energy, L.P. to Present at the Citi 2021 Global Energy and Utilities Virtual Conference

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Citi 2021 Global Energy and Utilities Virtual Conference. The conference is being held virtuall...

8 months ago - Business Wire

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

8 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, 2021 on May 5, 2021, before the market opens. Genesis Energy, L.P.'s First Qua...

8 months ago - Business Wire

New Strong Sell Stocks for April 20th

ATTO, DMAC, DG, GEL, and IAG have been added to the Zacks Rank #5 (Strong Sell) List on April 20, 2021

Other symbols:ATTODGDMACIAG
8 months ago - Zacks Investment Research

Genesis Energy, L.P. Upsizes and Prices Public Offering of Additional 8.0% Senior Notes Due 2027

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) (“Genesis” or the “Company”) today announced the pricing of a registered, underwritten public offering of $250,000,000 in aggregate principal a...

8 months ago - Business Wire

Genesis Energy, L.P. Announces Public Offering of $200 Million of Additional 8.0% Senior Notes Due 2027

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) (“Genesis” or the “Company”) today announced the commencement of a registered, underwritten public offering of $200,000,000 in aggregate princi...

9 months ago - Business Wire

Genesis Energy, L.P. Enters into a New Facility Extending Its Secured Credit Availability into March 2024 and Provide...

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P (NYSE: GEL) announced today that it has successfully syndicated and closed on a refinancing of its existing revolving credit facility with $950 million in n...

9 months ago - Business Wire

Genesis Energy, L.P. to Participate in the Goldman Sachs Energy Credit Virtual Field Trip

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the Goldman Sachs Energy Credit Virtual Field Trip. The meeting will be held virtually on March 16,...

10 months ago - Business Wire

2020 K-1 Tax Packages for Genesis Energy, L.P.

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the 2020 tax packages, including Schedule K-1s, are now available online. They may be accessed through the K-1 Partner Rel...

10 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, 2020 with the Securities and Exchange C...

10 months ago - Business Wire