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Genesis Energy L.P. - GEL STOCK NEWS

Welcome to our dedicated news page for Genesis Energy L.P. (Ticker: GEL), a resource for investors and traders seeking the latest updates and insights on Genesis Energy L.P..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Genesis Energy L.P.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Genesis Energy L.P.'s position in the market.

News
Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call
Rhea-AI Summary
Genesis Energy, L.P. (NYSE: GEL) has announced that it will release its First Quarter earnings on May 2, 2024, before the market opens. The earnings conference call will take place on the same day at 9:00 a.m. Central time. Genesis Energy is a midstream energy master partnership based in Houston, Texas, with operations in offshore pipeline transportation, sodium minerals, sulfur services, marine transportation, and onshore facilities.
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End-of-Day
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earnings
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Genesis Energy, L.P. Declares Quarterly Distribution
Rhea-AI Summary
Genesis Energy, L.P. (GEL) declares distributions for common and preferred units for the quarter ended March 31, 2024. Common unit holders to receive $0.15 per unit quarterly, while preferred unit holders to receive $0.9473 per unit. Distributions payable on May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
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News
Update to 2023 K-1 Tax Packages for Genesis Energy, L.P.
Rhea-AI Summary
Genesis Energy, L.P. (NYSE: GEL) has released a revised 2023 State Schedule as part of the 2023 K-1 tax packages, available online and mailed to unitholders. The Federal Schedule K-1 remains unchanged. Investors can access the full tax package with corrected state allocations on the company's website. Genesis Energy, L.P. is a midstream energy master partnership based in Houston, Texas, with diverse operations in pipeline transportation, minerals, marine transportation, and onshore facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
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News
2023 K-1 Tax Packages for Genesis Energy, L.P.
Rhea-AI Summary
Genesis Energy, L.P. (GEL) announces the availability of 2023 tax packages online, with potential changes due to pending tax law revisions. Unitholders can access the packages through designated websites and expect mailing by March 29th, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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Genesis Energy, L.P. Provides an Update on 2023 K-1 Availability
Rhea-AI Summary
Genesis Energy, L.P. (GEL) provided an update on the availability of the partnership’s 2023 Investor Tax Packages, dependent on the passage of the Tax Relief for American Families and Workers Act of 2024. The legislation could lower Genesis’ taxable income for 2023, but the timing of the tax packages is uncertain due to ongoing legislative processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
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News
Genesis Energy, L.P. to Participate in the J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference
Rhea-AI Summary
Genesis Energy, L.P. (GEL) to host investor meetings at J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference. The Partnership's diversified midstream energy operations to be showcased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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conferences
News
Genesis Energy, L.P. Files Form 10-K
Rhea-AI Summary
Genesis Energy, L.P. (NYSE: GEL) files its Annual Report on Form 10-K for the fiscal year 2023, showcasing its diversified midstream energy operations primarily in the Gulf Coast region and the Gulf of Mexico.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
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News
Genesis Energy, L.P. Reports Fourth Quarter 2023 Results
Rhea-AI Summary
Genesis Energy, L.P. (GEL) announced its fourth quarter results, with Net Income Attributable to Genesis Energy, L.P. at $12.0 million compared to $42.0 million in 2022. Cash Flows from Operating Activities rose to $124.8 million from $81.8 million. The company declared cash distributions on preferred units and reported Total Segment Margin of $209.4 million. Adjusted EBITDA was $188.7 million for the quarter and $842.3 million for the trailing twelve months. CEO Grant Sims highlighted record Adjusted EBITDA of $756.4 million for 2023, exceeding guidance and showing 11% growth over 2022. Significant project milestones were achieved, including the Granger expansion project and SYNC pipeline completion. Financial flexibility was strengthened through capital market access, refinancing, and liquidity utilization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
Tags
earnings
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News
Genesis Energy, L.P. Sets Date for Release of Fourth Quarter Results and Conference Call
Rhea-AI Summary
Genesis Energy, L.P. (NYSE: GEL) is set to announce its Fourth Quarter earnings on February 15, 2024. The company, headquartered in Houston, Texas, operates in the midstream energy sector, with a focus on offshore pipeline transportation, sodium minerals and sulfur services, marine transportation, and onshore facilities and transportation. The earnings conference call will be accessible on the company's website, and a replay will be available for those unable to attend the live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
earnings
News
Genesis Energy, L.P. Declares Quarterly Distribution
Rhea-AI Summary
Genesis Energy, L.P. (NYSE: GEL) Declares Quarterly Distributions, Offering $0.15 for Common Units and $0.9473 for Preferred Units. Company's Operations Include Offshore Pipeline Transportation, Sodium Minerals, and Sulfur Services.
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End-of-Day
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Stock GEL logo
Genesis Energy L.P.

NYSE:GEL

GEL Rankings

#2099 Ranked by Market Cap
N/A Ranked by Stock Gains
#661 Ranked by Dividends

GEL Stock Data

1.45B
106.54M
13.17%
67.84%
1.38%
Pipeline Transportation of Crude Oil
Transportation and Warehousing
Link
US
Houston

About GEL

genesis energy, l.p. is a midstream energy master limited partnership headquartered in houston, texas, with a diverse portfolio of customers, operations and assets, including refinery-related plants, pipelines, storage tanks and terminals, marine operations, and trucks and truck terminals. we give highly specialized customer attention focused on the midstream segment of the oil and gas industry, pulp and paper mills, mining operations and other industries.