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 (NYSE: GEL) declared quarterly cash distributions for the quarter ended September 30, 2025. Common unitholders will receive $0.165 per unit ($0.66 annualized); Class A Convertible preferred unitholders will receive $0.9473 per unit ($3.7892 annualized).
Distributions are payable November 14, 2025 to holders of record as of October 31, 2025. The partnership will report Q3 2025 earnings on October 30, 2025 before NYSE open and host a conference call at 9:00 a.m. CDT.
The notice states 100% of distributions to foreign investors are effectively connected income and subject to federal withholding.
Genesis Energy, L.P. (NYSE: GEL), a diversified midstream energy master limited partnership, announced its participation in Citi's 2025 Natural Resources Conference on August 12, 2025 in Las Vegas, Nevada. The company will host investor meetings during the conference.
Genesis Energy operates in offshore pipeline transportation, marine transportation, and onshore transportation services, primarily in the Gulf Coast region of the United States and the Gulf of America. Investors can access the latest presentation materials through the Investors section of the Genesis website.
Genesis Energy (NYSE:GEL) reported Q2 2025 financial results with a net loss of $0.4 million, improving from an $8.7 million loss in Q2 2024. The company generated operating cash flows of $47.0 million and Available Cash before Reserves of $32.2 million, providing 1.59X coverage for the quarterly distribution of $0.165 per common unit.
Key highlights include the successful commissioning of the Shenandoah production facility, which delivered first oil through the SYNC pipeline lateral. The company expects Salamanca to achieve first oil by Q3 end, with both projects anticipated to reach peak production of 90-100 kbd and 40-50 kbd respectively.
Genesis exited Q2 with $72 million outstanding on its credit facility and expects to clear this balance by year-end. The company maintains a bank leverage ratio of 5.52X and plans to focus on debt reduction, possible redemption of corporate preferreds, and potential increased distributions to unitholders.
Genesis Energy (NYSE:GEL) has declared its quarterly cash distribution for Q2 2025. Common unit holders will receive $0.165 per unit ($0.66 annualized), while Class A Convertible Preferred unit holders will receive $0.9473 per unit ($3.7892 annualized). The distribution will be paid on August 14, 2025 to holders of record as of July 31, 2025.
The company will announce its Q2 2025 earnings on July 31, 2025, before NYSE market opening, followed by a conference call at 9:00 a.m. CDT. Genesis Energy operates as a diversified midstream energy master limited partnership, focusing on offshore pipeline transportation, marine transportation, sulfur services, and onshore facilities in the Gulf Coast region.
Genesis Energy (NYSE:GEL) has announced the availability of its 2024 Schedule K-3 tax document, which contains information about items of international tax relevance. The document is accessible online through www.taxpackagesupport.com/Genesis or via the company's website.
The Schedule K-3 is primarily relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders. While physical copies won't be automatically mailed, unitholders can request electronic or paper copies by calling 844-649-0506.
Genesis Energy (NYSE: GEL), a diversified midstream energy master limited partnership, announced its participation in the 22nd Annual Energy Infrastructure CEO & Investor Conference on May 21-22, 2025, in Aventura, Florida. The company will host investor meetings during the event.
Genesis Energy operates in multiple sectors including offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. Their operations are primarily concentrated in the Gulf Coast region of the United States, Wyoming, and the Gulf of Mexico.
Genesis Energy (NYSE: GEL) has declared its quarterly cash distribution for Q1 2025. Common unit holders will receive $0.165 per unit ($0.66 annualized), while Class A Convertible Preferred unit holders will get $0.9473 per unit ($3.7892 annualized). The distribution will be paid on May 15, 2025 to holders of record as of April 30, 2025.
The company will announce its Q1 2025 earnings on May 8, 2025, before NYSE trading hours, followed by a conference call at 9:00 a.m. CDT. Genesis Energy is a Houston-based diversified midstream energy master partnership, operating in offshore pipeline transportation, marine transportation, sulfur services, and onshore facilities, primarily in the Gulf Coast region.
Genesis Energy (NYSE: GEL) has announced significant progress in its balance sheet simplification following the receipt of approximately $1.010 billion in cash from the sale of its Alkali Business. The company has:
- Paid off its senior secured revolving credit facility, saving ~$25 million in annual cash interest
- Called remaining 8.0% senior unsecured notes due 2027, saving ~$33 million in annual interest
- Purchased $250 million of Class A convertible preferred units, eliminating ~$28 million in annual preferred distributions
Combined with $37 million savings from ORRI bonds transfer, these actions reduce annual cash costs by over $120 million ($1.00 per common unit). The company expects to generate excess free cash flow and aims to manage its leverage ratio towards a 4.0x target while considering capital returns to unitholders.