Energy -
Oil & Gas Midstream - NYSE - US
$ 12.77
-3.84 %
$ 1.56 B
Market Cap
-10.3
P/E
1. INTRINSIC VALUE
Balance Sheet
Genesis Energy, L.P.
| Current Assets | 912 M |
| Cash & Short-Term Investments | 10.7 M |
| Receivables | 741 M |
| Other Current Assets | 160 M |
| Non-Current Assets | 6.13 B |
| Long-Term Investments | 240 M |
| PP&E | 5.43 B |
| Other Non-Current Assets | 454 M |
| Current Liabilities | 859 M |
| Accounts Payable | 491 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 368 M |
| Non-Current Liabilities | 4.66 B |
| Long-Term Debt | 3.82 B |
| Other Non-Current Liabilities | 847 M |
EFFICIENCY
Earnings Waterfall
Genesis Energy, L.P.
| Revenue | 2.97 B |
| Cost Of Revenue | 2.65 B |
| Gross Profit | 316 M |
| Operating Expenses | 59.4 M |
| Operating Income | 213 M |
| Other Expenses | 277 M |
| Net Income | -63.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Genesis Energy, L.P.
| Net Income | -63.9 M |
| Depreciation & Amortization | 313 M |
| Capital Expenditures | -587 M |
| Stock-Based Compensation | 5.23 M |
| Change in Working Capital | 31.1 M |
| Others | 16.9 M |
| Free Cash Flow | -195 M |
Wall Street Analysts Price Targets
Genesis Energy, L.P.
GEL has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
3.40%
DIVIDEND YIELD
0.165 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Genesis Energy, L.P.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
93 K USD 2
0-3 MONTHS
11.2 K USD 1
3-6 MONTHS
30 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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 transaction costs and expenses, it received on Friday, February 28, 2025, from the sale of its Alkali Business. In summary, Genesis has: Paid its senior secured revolving credit facility to zero which will result in saving approximately $25 million in annual cash interest expense; Called the remaining 8.0%.
businesswire.com
- 1 month ago
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 the K-1 Tax Package Support website at www.taxpackagesupport.com/Genesis or through the K-1 Tax Information link on our website at www.genesisenergy.com. The partnership expects to complete mailing of the 2024 Genesis Energy, L.P. tax packages by Tuesday, March 11th, 2025. For additional information.
businesswire.com
- 1 month ago
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 “Program”). The Program, approved on August 8, 2023, was originally scheduled to expire on December 31, 2024. The Board has extended the Program through December 31, 2026, unless expanded and extended prior thereto. To date, Genesis has purchased only 114,900 Class A common units under the Program.
businesswire.com
- 1 month ago
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-issued with its subsidiary, Genesis Energy Finance Corporation. As of March 3, 2025, $406,245,000 in aggregate principal amount of the Notes were outstanding. The redemption date for the Notes is April 3, 2025 (the “Redemption Date”). The Notes will be redeemed on the Redemption Date at a redemption pr.
businesswire.com
- 1 month ago
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 Commission. A copy of this Form 10-K may be found on the Partnership's website at https://www.genesisenergy.com/investors/sec-filings. A hard copy of the Form 10-K may be requested free of charge by emailing InvestorRelations@genlp.com. Genesis Energy, L.P. is a diversified midstream energy master.
businesswire.com
- 1 month ago
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.
reuters.com
- 1 month ago
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 indirect affiliate of WE Soda Ltd. Transaction highlights include: The implied enterprise value of the Alkali Business is $1.425 billion, inclusive of working capital at closing; The ORRI bonds, with approximately $390 million of remaining principal net of restricted cash, will stay in place and be an.
businesswire.com
- 1 month ago
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 positions the company for higher distributions and improved financial health. With a projected adjusted EBITDA of $700 million in 2025, management has a clear pathway to improve the balance sheet.
seekingalpha.com
- 1 month ago
Graphano Provides Update on Exploration Progress and Strategic Initiatives
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - Graphano Energy Ltd. (TSXV: GEL) (OTC Pink: GELEF) (FSE: 97G0) ("Graphano" or the "Company") is pleased to provide a market update regarding its ongoing exploration, resource development, and strategic initiatives as it advances its graphite assets - the Lac Aux Bouleaux, Standard Mine, and Black Pearl Projects - in Québec, Canada.
newsfilecorp.com
- 2 months ago
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 - Chairman and Chief Executive Officer Conference Call Participants Michael Blum - Wells Fargo Wade Suki - Capital One Operator Greetings and welcome to Genesis Energy Fourth Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 months ago
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 Attributable to Genesis Energy, L.P. of $49.4 million for the fourth quarter of 2024 compared to Net Income Attributable to Genesis Energy, L.P. of $12.0 million for the same period in 2023. Cash Flows from Operating Activities of $74.0 million for the fourth quarter of 2024 compared to $124.8 million for the.
businesswire.com
- 2 months ago
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 holders and Class A Convertible Preferred unit holders with respect to the quarter ended December 31, 2024. Each holder of common units will be paid a quarterly cash distribution of $0.165, or $0.66 on an annualized basis, for each common unit held of record. Each holder of preferred units will be p.
businesswire.com
- 3 months ago
8. Profile
Summary
Genesis Energy, L.P. GEL
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 1.56 B
Dividend Yield
3.40%
Description
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 to refining operations; and operates storage and transportation assets. This segment provides services to ten refining operations; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. Its Onshore Facilities and Transportation segment offers onshore facilities and transportation services to Gulf Coast crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products. It operates trucks, trailers, railcars, and terminals and tankage with 4.2 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil. It owns four onshore crude oil pipeline systems with approximately 450 miles of pipe in Alabama, Florida, Louisiana, Mississippi, and Texas; and four operational crude oil rail unloading facilities in Baton Rouge, Raceland, and Louisiana, as well as Walnut Hill, Florida and Natchez, Mississippi. Its Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges with a combined transportation capacity of 3.2 million barrels; and 42 push/tow boats. In addition, the company produces natural soda ash. Genesis Energy, LLC serves as a general partner of the company. The company was incorporated in 1996 and is headquartered in Houston, Texas.
Contact
919 Milam, Houston, TX, 77002
https://www.genesisenergy.com
IPO
Date
Nov. 27, 1996
Employees
2055
Officers
Mr. Garland G. Gaspard
Senior Vice President of Operations & Engineering - Genesis Energy LLC
Mr. Dwayne R. Morley
Vice President of Business Development & Investor Relations - Genesis Energy LLC
Ms. Ashley R. Holbrook
Vice President of Human Resources of Genesis Energy LLC
Mr. Ryan S. Sims
President & Chief Commercial Officer - Genesis Energy LLC
Mr. William W. Rainsberger
Senior Vice President of Offshore of Pipeline Transp Read Bio - Genesis Energy LLC
Ms. Kristen O. Jesulaitis
Chief Financial Officer & Chief Legal Officer of Genesis Energy LLC
Mr. Grant E. Sims
Chairman & Chief Executive Officer of Genesis Energy LLC
Mr. Louie V. Nicol
Senior Vice President & Chief Accounting Officer of Genesis Energy LLC