Genesis Energy, L.P. (GEL)
Market Cap | 1.44B |
Revenue (ttm) | 3.18B |
Net Income (ttm) | 27.00M |
Shares Out | 122.42M |
EPS (ttm) | 0.22 |
PE Ratio | 53.50 |
Forward PE | 23.31 |
Dividend | $0.60 (5.10%) |
Ex-Dividend Date | Apr 29, 2024 |
Volume | 426,266 |
Open | 11.84 |
Previous Close | 11.84 |
Day's Range | 11.61 - 11.95 |
52-Week Range | 8.05 - 12.78 |
Beta | 2.03 |
Analysts | Buy |
Price Target | 14.00 (+18.95%) |
Earnings Date | May 2, 2024 |
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 $14.0, which is an increase of 18.95% from the latest price.
News
Genesis Energy, L.P. Declares Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on April 10, 2024, the Board of Directors of its general partner declared a distribution on Genesis' common units and C...
Update to 2023 K-1 Tax Packages for Genesis Energy, L.P.
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that a revised 2023 State Schedule, included as part of the 2023 K-1 tax packages, is now available online. This state schedu...
2023 K-1 Tax Packages for Genesis Energy, L.P.
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the 2023 tax packages, including Schedule K-1s, are now available online. Information reported on these tax packages cou...
Genesis Energy, L.P. Provides an Update on 2023 K-1 Availability
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today provided an update on the expected availability of the partnership's 2023 Investor Tax Packages, including Schedule K-1 for its common ...
Genesis Energy, L.P. to Participate in the J.P.
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference in Miami, FL on ...
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, 2023 with the Securities and Exchange...
Genesis Energy, L.P. Reports Fourth Quarter 2023 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 2023: Net Income Attributa...
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, 2023 on February 15, 2024, before the market opens. Genesis Energy, L.P....
Genesis Energy, L.P. Releases 2022 Sustainability Report
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that the company's 2022 Sustainability Report is now available and can be accessed on the Company's website at https://www.ge...
Genesis Energy, L.P. Announces the Expiration of Its Tender Offer for Any and All of Aggregate Principal Amount of Its 6.500% Senior Notes Due 2025
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of the ...
Genesis Energy, L.P. to Participate in the 2023 Wells Fargo Midstream & Utilities Symposium
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the 2023 Wells Fargo Midstream & Utilities Symposium in New York City on December 6-7,...
Genesis Energy, L.P. to Participate in the Capital One Securities Energy Conference
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the Capital One Securities Energy Conference in Houston, TX on December 5, 2023. The P...
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 8.250% senior unsecured notes due 2029 ...
Genesis Energy, L.P. Announces Tender Offer for Any and All of Aggregate Principal Amount of Its 6.500% Senior Notes Due 2025
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 6.500% s...
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 $550,000,000 in ag...
Genesis Energy, L.P. Reports Third Quarter 2023 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 2023: Net Income Attributabl...
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, 2023 on November 2, 2023, before the market opens. Genesis Energy, L.P.'...
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 host investor meetings at the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, NV on A...
Genesis Energy, L.P. Authorizes Common Unit Repurchase Program
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its Board of Directors has approved a common equity repurchase program authorizing the repurchase of up to 10 percent of...
Genesis Energy, L.P. Reports Second Quarter 2023 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 2023: Net Income Attributa...
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, 2023 on August 3, 2023, before the market opens. Genesis Energy, L.P.'s Seco...
Federman & Sherwood Investigates Genesis Energy, L.P. for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #DataBreach--The law firm of Federman & Sherwood has initiated an investigation into Genesis Energy, L.P. with respect to their recent data breach. On June 30, 2023, G...
Genesis Energy L.P.'s 2022 Schedule K-3 Now Available
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this ...
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: 20th Annual Energy Infrastructure CEO & Investor Conference...
Genesis Energy, L.P. Reports First Quarter 2023 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 2023: Net Loss Attributable ...