Genesis Energy, L.P. (GEL)

NYSE: GEL · IEX Real-Time Price · USD
11.77
-0.07 (-0.59%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-0.59%
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]

Sector Energy
IPO Date Sep 6, 1996
Employees 2,137
Stock Exchange NYSE
Ticker Symbol GEL
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$14.0
(18.95% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - Business Wire

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...

12 days ago - Business Wire

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...

23 days ago - Business Wire

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 ...

6 weeks ago - Business Wire

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 ...

7 weeks 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, 2023 with the Securities and Exchange...

7 weeks ago - Business Wire

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...

2 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, 2023 on February 15, 2024, before the market opens. Genesis Energy, L.P....

2 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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,...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months 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. (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.'...

6 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 host investor meetings at the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, NV on A...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 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, 2023 on August 3, 2023, before the market opens. Genesis Energy, L.P.'s Seco...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

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 host investor meetings at the following conferences: 20th Annual Energy Infrastructure CEO & Investor Conference...

11 months ago - Business Wire

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 ...

1 year ago - Business Wire