Genesis Energy L P Stock Price, News & Analysis

Genesis Energy, L.P. (NYSE: GEL) will participate in the Citi One-on-One Midstream and Energy Infrastructure Virtual Conference on August 18th and 19th. The latest presentation materials are accessible on their website under the 'Presentations' section in the Investors tab. Headquartered in Houston, Texas, Genesis Energy operates as a diversified midstream energy master limited partnership, focusing on offshore pipeline transportation, sodium minerals and sulfur services, and marine transportation, primarily in the Gulf Coast region, Wyoming, and the Gulf of Mexico.

Genesis Energy, L.P. (NYSE: GEL) reported a net loss of $41.7 million for Q2 2021, a significant improvement from the $326.7 million loss in Q2 2020, which included $277.5 million in non-cash impairment charges. Operating cash flows reached $111 million, and total segment margin was $152.1 million. Adjusted EBITDA stood at $140.9 million. The company anticipates growth from two Gulf of Mexico developments scheduled for first oil in 2022 and ongoing recovery in its soda ash segment, despite facing increased operating expenses and potential cost pressures.

Genesis Energy, L.P. (NYSE: GEL) will release its Second Quarter earnings for the period ending June 30, 2021, on August 4, 2021, prior to market opening. A conference call to discuss these results is scheduled for the same day at 9:15 a.m. Central time. Investors can access the call via Genesis Energy's Investor Relations page. The company operates in the midstream energy sector, providing services such as offshore transportation and sodium mineral services, primarily in the Gulf Coast region and Wyoming.

Genesis Energy, L.P. (NYSE: GEL) has declared a distribution for its common and 8.75% Class A Convertible Preferred Units for the quarter ending June 30, 2021. The cash distribution of $0.15 per common unit ($0.60 annually) and $0.7374 per preferred unit ($2.9496 annually) will be paid on August 13, 2021, to holders on record as of July 30, 2021. Genesis operates in midstream energy, focusing on offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation in the U.S. Gulf Coast and beyond.

Genesis Energy, L.P. (NYSE: GEL) announced its participation in the BofA Securities 2021 Energy Credit Conference, scheduled for June 9th and 10th, 2021. The conference will be held virtually, allowing greater accessibility for attendees. Interested parties can download the Partnership's latest presentation materials from their website, under the 'Presentations' section on the 'Investors' tab. Based in Houston, Texas, Genesis Energy is a diversified midstream energy company specializing in offshore pipeline transportation and other services primarily in the Gulf Coast region, Wyoming, and the Gulf of Mexico.

Genesis Energy, L.P. (NYSE: GEL) will participate in the 2021 Energy Infrastructure Council Investor Conference from May 18-20, 2021, attending virtually. The company, headquartered in Houston, Texas, is a diversified midstream energy master limited partnership. Its operations encompass offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities, and marine transportation, primarily located in the Gulf Coast region, Wyoming, and the Gulf of Mexico. Presentation materials for the conference can be downloaded from www.genesisenergy.com.

Genesis Energy, L.P. (NYSE: GEL) will participate in the Citi 2021 Global Energy and Utilities Virtual Conference on May 11th and 12th. This participation aims to enhance investor engagement and communication. Interested parties can download the latest presentation materials from the company’s website under the ‘Presentations’ section in the Investors tab. Genesis Energy, headquartered in Houston, Texas, operates in various sectors such as offshore pipeline transportation and marine transportation, primarily in the Gulf Coast region and the Gulf of Mexico.

Genesis Energy, L.P. (NYSE: GEL) reported a net loss of $34.2 million for Q1 2021, compared to $24.9 million net income in Q1 2020. Operating cash flows fell to $77.2 million from $89.6 million year-over-year. Despite challenges, the company maintains a robust segment margin of $156.1 million and an Adjusted EBITDA of $144.1 million. Management expressed confidence in recovery driven by improving macroeconomic conditions and upcoming production from contracted Gulf of Mexico projects. Liquidity is bolstered through recent credit facility refinancing, with no long-term debt maturities until 2024.

Genesis Energy, L.P. (NYSE: GEL) is set to announce its First Quarter earnings for the period ending March 31, 2021, on May 5, 2021, before market opening.

The earnings conference call will commence at 8:30 a.m. Central time (9:30 a.m. Eastern time) on the same day, accessible via the Genesis Energy website.

Genesis operates in various segments, including offshore pipeline transportation and marine transportation, primarily focused in the Gulf Coast region.