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, L.P. reports news as a diversified midstream energy master limited partnership with operations in offshore pipeline transportation, marine transportation, sulfur services, and onshore facilities and transportation. Its operating footprint is primarily in the Gulf Coast region of the United States and the Gulf of America.
Recurring updates cover quarterly results, Segment Margin, Adjusted EBITDA, Available Cash before Reserves, and cash distributions on common units and Class A Convertible Preferred units. Company announcements also address offshore throughput, customer hub activity, waterborne transportation demand, K-1 tax packages for unitholders, investor presentations, credit facility amendments, senior note offerings, tender offers, and other capital-structure actions tied to the partnership's financing profile.
Genesis Energy, L.P. (NYSE: GEL) announced its participation in two key investor conferences this week. The events are: Simmons Energy 21st Annual Energy Conference on March 22-23, 2021, and Truist Securities 4th Annual Utilities, Midstream & Alternative Energy Summit on March 25, 2021. Interested parties can access the Partnership’s latest presentation materials by visiting www.genesisenergy.com under the Investors tab. Genesis Energy operates primarily in the Gulf Coast region, offering diversified midstream energy services.
Genesis Energy, L.P. (NYSE: GEL) will participate in the Goldman Sachs Energy Credit Virtual Field Trip on March 16, 2021. The event aims to enhance understanding of the energy sector. Interested parties can access the latest presentation materials on the company's website at www.genesisenergy.com under the Investors tab. Genesis Energy operates primarily in the Gulf Coast region, focusing on offshore pipeline transportation and marine services.
Genesis Energy, L.P. (NYSE: GEL) announced the availability of 2020 tax packages, including Schedule K-1s, which can be accessed on their K-1 Partner Relations website or the Genesis Energy homepage. The company plans to complete mailing the tax packages by March 5, 2021. Genesis Energy operates as a diversified midstream energy master limited partnership, focused on offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation, primarily in the Gulf Coast region, Wyoming, and the Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2020, with the SEC. The report is available on their website under the 'Investors – SEC Reports' section. Unitholders can request a hard copy of the report for free via email or phone. Genesis Energy operates in several sectors, including offshore pipeline transport, sodium minerals, sulfur services, marine transport, and onshore facilities, primarily in the Gulf Coast region, Wyoming, and the Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) will participate in the Barclays Midstream & Clean Infrastructure Corporate Access Days on February 24th and 25th. This virtual conference aims to connect executives with investors and analysts.
The latest presentation materials from the Partnership are accessible on their website at www.genesisenergy.com, under the Investors tab. Genesis Energy operates primarily in the Gulf Coast region, focusing on offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation.
Genesis Energy, L.P. (NYSE: GEL) reported a net loss of $85.2 million for Q4 2020, compared to a net income of $22.4 million in Q4 2019. Cash flows from operating activities decreased to $1.1 million from $50.6 million year-over-year. Total segment margin was $137 million, with adjusted EBITDA at $134.6 million. The partnership faces challenges from the pandemic and an unprecedented hurricane season but anticipates improved results in 2021 due to recovering demand and upcoming offshore projects, which could generate over $100 million annually in additional margin.
Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Fourth Quarter ended December 31, 2020, on February 18, 2021, before the market opens. Following this, the company will hold its earnings conference call on the same day at 8:30 a.m. Central time. Investors can access the call through the Genesis Energy website under the Investor Relations section. The company operates primarily in the Gulf Coast region, offering services in offshore pipeline transportation, sodium minerals, sulfur services, and more.
Genesis Energy, L.P. (NYSE: GEL) announced a distribution for Q4 2020, with cash distributions set for February 12, 2021. Common unit holders will receive $0.15 per unit, translating to an annualized rate of $0.60, while 8.75% Class A Convertible Preferred Unit holders will receive $0.7374 per unit, or $2.9496 annually. The record date for these distributions is January 29, 2021. Genesis Energy operates in midstream energy services, particularly in the Gulf Coast, Wyoming, and Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) will participate in the UBS Winter Infrastructure & Energy Virtual Conference on January 12th and 13th. The latest presentation materials are accessible for download on their website, under the Investors tab. Genesis Energy operates as a diversified midstream energy master limited partnership, offering services including offshore pipeline transportation, sodium minerals, sulfur services, and marine transportation. Their operations primarily focus in the Gulf Coast region of the U.S., Wyoming, and the Gulf of Mexico.
Genesis Energy, L.P. (NYSE: GEL) has completed its cash tender offer for all outstanding 6.000% senior unsecured notes due 2023. As of the December 16, 2020 expiration time, $308,783,000 (79.25%) of the notes were validly tendered. The company plans to redeem any untendered notes following the terms of the indenture. The settlement date is expected to be December 17, 2020. Genesis Energy operates in the midstream energy sector, focusing on pipeline transportation and marine services mainly in the Gulf Coast region.