Welcome to our dedicated page for Genesis Energy L P news (Ticker: GEL), a resource for investors and traders seeking the latest updates and insights on Genesis Energy L P stock.
Genesis Energy LP (NYSE: GEL) is a Houston-based midstream energy leader providing critical pipeline transportation and industrial services across North America's oil and gas sector. This dedicated news hub offers investors and industry professionals centralized access to the company's material developments and market disclosures.
Our curated collection features official press releases, regulatory filings, and operational updates spanning GEL's core activities. Key focus areas include quarterly earnings reports, offshore pipeline expansions in the Gulf of Mexico, sodium minerals production updates, and marine transportation infrastructure developments. The resource also tracks strategic partnerships and regulatory compliance milestones impacting the company's operations.
This page serves as an essential tool for monitoring GEL's position within the evolving energy landscape. Users gain efficient access to verified information on capacity expansions, service offerings, and management initiatives directly affecting the partnership's performance. Content is systematically organized to support both fundamental analysis and timely decision-making.
Bookmark this page for ongoing insights into Genesis Energy's operational and financial trajectory. Regularly updated with authoritative sources, it remains your primary destination for tracking GEL's role in North America's midstream energy infrastructure.
Genesis Energy, L.P. (NYSE: GEL) reported a net loss of $5.3 million for Q1 2022, significantly improved from a $34.2 million loss in Q1 2021. Operating cash flows totaled $54.2 million, down from $77.2 million the previous year. Total Segment Margin reached $157.5 million, with an Adjusted EBITDA of $143.1 million. The company announced new agreements for downstream transportation, expected to handle 160,000 barrels per day by late 2024 or 2025. Additionally, soda ash demand remains strong, with prices increasing in export markets, providing a positive outlook for the company.
Genesis Energy, L.P. (NYSE: GEL) will report its earnings for Q1 2022 on May 4, 2022, before market opens. A conference call is scheduled for the same day at 9:00 a.m. CT, accessible via their Investor Relations webpage. Genesis Energy is a diversified midstream energy master limited partnership based in Houston, Texas, focusing on offshore pipeline transportation, sodium minerals and sulfur services, and marine transportation, primarily in the Gulf Coast region and Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) announced a cash distribution for the quarter ending March 31, 2022. The Board of Directors declared a quarterly cash distribution of $0.15 per common unit, amounting to an annualized $0.60. For the 8.75% Class A Convertible Preferred Units, a distribution of $0.7374 per unit will be paid, leading to an annualized $2.9496. Payments are scheduled for May 13, 2022, for holders of record by April 29, 2022.
Genesis Energy, L.P. (NYSE: GEL) will participate in the Barclays Midstream & Clean Infrastructure Corporate Access Days, scheduled virtually on March 1st and 2nd, 2022. The partnership provides access to its latest presentation materials via its website, under the Investors tab. Headquartered in Houston, Texas, Genesis operates in offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation. Its primary operations are in the Gulf Coast, Wyoming, and the Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) has made the 2021 tax packages, including Schedule K-1s, available online. Unitholders can access these documents via the K-1 Partner Relations support website or directly through Genesis Energy's homepage. The company plans to finalize mailing of the tax packages by March 7, 2022. Genesis Energy is a diversified midstream energy master limited partnership based in Houston, Texas, with operations in offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation primarily located in the Gulf Coast region.
Genesis Energy, L.P. (NYSE: GEL) has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission. This report is accessible on Genesis' website under the "Investors – SEC Reports" section. Unitholders can request a hard copy of the Form 10-K for free via email or phone. The company operates in offshore pipeline transportation, sodium minerals and sulfur services, marine transportation, and more, primarily in the Gulf Coast region, Wyoming, and the Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) reported a net loss of $68.3 million for Q4 2021, an improvement from $85.2 million in Q4 2020. Operating cash flows surged to $95.6 million, up from $1.1 million year-over-year. Total Segment Margin reached $155.6 million, with available cash before reserves at $51.5 million, ensuring a 2.80X distribution coverage. The partnership refinanced its credit facility and sold a 36% stake in its CHOPS pipeline for $418 million, using the proceeds to reduce debt. 2022 outlook projects total segment margins of $620-$640 million, driven by increased soda ash prices and offshore production recovery.
Genesis Energy, L.P. (NYSE: GEL) will release its Fourth Quarter earnings on February 17, 2022, before the market opens. An earnings conference call is scheduled for the same day at 9:00 a.m. CT. Interested parties can access the call through the company's website. Genesis Energy operates in offshore pipeline transportation, sodium minerals, sulfur services, and more, primarily in the Gulf Coast and Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) announced a quarterly cash distribution for common and preferred units. For the quarter ended December 31, 2021, common unit holders will receive $0.15 ($0.60 annualized) per unit, while preferred unit holders will get $0.7374 ($2.9496 annualized) per unit. Distributions will be paid on February 14, 2022, to record holders as of January 31, 2022. Genesis operates primarily in the Gulf Coast, Wyoming, and the Gulf of Mexico, focusing on midstream energy services.
Genesis Energy, L.P. (NYSE: GEL) announced its participation in upcoming investor conferences: the Capital One Securities 16th Annual Energy Conference on December 6th and the 20th Annual Wells Fargo Midstream Utility & Renewables Symposium from December 8th to 9th. The latest presentation materials can be downloaded from the Genesis Energy website under the Investors tab. Genesis is a diversified midstream energy master limited partnership based in Houston, Texas, focused on pipeline transportation and related services in the Gulf Coast region.
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