Welcome to our dedicated page for GENESIS ENERGY LP SEC filings (Ticker: GEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Genesis Energy, L.P. filings document the regulatory disclosures of a midstream energy master limited partnership whose common units trade on the NYSE under GEL. The filing record includes Form 8-K reports for operating results, earnings releases, conference-call materials, and non-GAAP measures such as Adjusted EBITDA, Available Cash before Reserves, and Segment Margin.
Material-event filings also describe Genesis Energy's capital structure and financing arrangements, including revolving credit agreements, senior secured borrowing terms, senior unsecured notes, subsidiary guarantees, underwriting agreements, indenture supplements, and tender-offer related debt activity. These disclosures connect the partnership's offshore pipeline, marine transportation, sulfur services, and onshore facilities businesses with its liquidity, leverage, distribution capacity, and governance obligations as a public limited partnership.
GENESIS ENERGY LP (GEL) is reported as the issuer of common units representing limited partner interests held by ALPS Advisors, Inc. and Alerian MLP ETF. As of June 30, 2026, ALPS Advisors, Inc. is reported as having beneficial ownership of 24,840,174 common units, or 20.28% of the class, all with shared voting and dispositive power. Alerian MLP ETF is reported as beneficially owning 24,605,701 common units, or 20.09%, also entirely with shared voting and dispositive power.
The units are owned by investment funds for which ALPS Advisors, Inc. serves as investment adviser. ALPS Advisors, Inc. states that all securities are owned by the funds and it disclaims beneficial ownership of such securities, except that it may be deemed a beneficial owner solely for purposes of Section 13(d) of the Securities Exchange Act of 1934.
Global X Management Company LLC reported beneficial ownership of 7,722,608 common units of Genesis Energy, L.P., representing 6.32% of the class. Global X Management is a Delaware-formed registered investment adviser and holds these units through its role as investment adviser to the Global X MLP ETF, a series of Global X Funds registered under the Investment Company Act of 1940. It has sole voting and sole dispositive power over these units, with no shared power. The ETF has the right to receive all dividends and sale proceeds, and the adviser disclaims ownership of those economic rights. The units were acquired in the ordinary course of business and not for the purpose of changing or influencing control of Genesis Energy.
Genesis Energy, L.P. reported stronger results for the three and six months ended June 30, 2026. Quarterly revenues rose 41% to 531,995, with amounts stated in thousands of dollars, and operating income increased to 105,436. Net income attributable to Genesis was 42,857, versus a loss of 406 a year earlier, and common unitholders earned $0.26 per unit from continuing operations. Prior‑year six‑month results were heavily affected by the 2025 sale of the Alkali Business, reported as discontinued operations.
Performance improved mainly in the offshore pipeline transportation segment, where Segment Margin increased to 115,625, and in onshore transportation and services, while marine transportation Segment Margin declined modestly. Overall Segment Margin grew 25% to 169,482, aided by a 17,436 gain on the divestiture of non‑core offshore natural gas pipeline and platform assets.
Operating cash flow for the first six months climbed to 262,484, supporting balance‑sheet moves. Genesis issued $750,000 of 6.750% senior unsecured notes due 2034, retired its 2028 notes, reduced outstanding Class A Convertible Preferred Units to 9,236,530 through repurchases, fully repaid borrowings under its senior secured revolver, and put in place a 99,500 accounts receivable securitization facility, leaving 894,400 of revolver availability at June 30, 2026.
Genesis Energy, L.P. reported a turnaround for the quarter ended June 30, 2026. Net income attributable to the partnership was $42.9 million compared with a small loss a year earlier, and cash flows from operating activities rose to $180.7 million. Segment Margin reached $169.5 million and Adjusted EBITDA was $171.5 million. Available Cash before Reserves to common unitholders was $78.3 million, covering the increased $0.20 per‑unit common distribution 3.2 times, while preferred unitholders received $0.9473 per unit, or about $10.5 million.
Management emphasized balance sheet and capital-cost actions. Genesis sold non‑core offshore natural gas assets for $95 million and arranged a $99.5 million non‑recourse accounts receivable securitization facility, then used proceeds to repurchase $83 million of 11.24% Series A preferred securities at 102% of par, buy back 250,000 common units, and reduce borrowings under its senior secured credit facility to zero. Including first‑quarter activity, these steps are estimated to lower annual capital costs by about $25 million and support Adjusted Consolidated EBITDA of $610.1 million and a 5.00X bank leverage ratio. Management now expects full‑year 2026 Adjusted EBITDA to be toward the lower end of its previously discussed range, reflecting softer offshore volumes and producer operational downtime, while still anticipating multi‑year growth in Gulf of Mexico throughput.
Genesis Energy LP director Albert Conrad P reported compensation-related changes in his holdings of Common Units - Class A and phantom units on July 1, 2026. A block of 2,500 phantom units vested and was paid in cash, which is treated as an acquisition of 2,500 common units and a simultaneous disposition of those units back to the issuer at $14.77 per unit.
On the same date, he received a new award of 2,976 phantom units that will be paid in cash based on the average closing price over the 20 trading days before vesting and includes distribution equivalent rights that accrue quarterly distributions. Following these transactions, he directly holds 17,500 Common Units - Class A and 7,324 phantom units, reflecting routine equity-based compensation activity rather than open-market buying or selling.
GENESIS ENERGY LP director Jack T. Taylor reported compensation-related unit activity rather than open-market trading. On July 1, 2026, 2,575 phantom units vested and were paid in cash, which accounting rules treat as acquiring 2,575 Common Units - Class A and simultaneously disposing of the same number back to the issuer at $14.77 per unit.
He also received a new grant of 3,065 phantom units that can convert into an equal number of common units after vesting. Following these transactions, he directly holds 35,440 Common Units - Class A and 7,550 phantom units, reflecting ongoing equity-linked compensation rather than discretionary buying or selling in the market.
GENESIS ENERGY LP director James E. Davison Jr. reported compensation-related changes involving phantom units and related Common Units - Class A on 2026-07-01. A vesting event for 2,388 phantom units was settled in cash, which the filing treats as a deemed acquisition and simultaneous disposition of 2,388 common units back to the issuer at $14.77 per unit.
Davison also received a new award of 2,843 phantom units, each linked to an equivalent number of common units, with payment in cash based on the average closing price before vesting and including distribution equivalent rights that accrue quarterly distributions over the vesting period. Following these transactions, he directly holds 3,883,045 Common Units - Class A and 7,225 phantom units187,856 units in the James E. and Margaret A.B. Davison Special Trust and 446,460 units in the William Charles Davison Trust, subject to pecuniary-interest disclaimers.
Genesis Energy LP director Kenneth M. Jastrow II reported several compensation-related unit transactions. On July 1, 2026, 2,649 phantom units vested and were paid in cash, which is treated as a disposition of those phantom units and a simultaneous acquisition and disposition of 2,649 underlying Common Units - Class A back to the issuer at $14.77 per unit. After these steps, he held 152,649 Common Units - Class A directly. He also received a new grant of 3,154 phantom units, which are scheduled to vest on July 1, 2027 and be paid in cash based on the average closing price over the 20 trading days before vesting, and will accrue quarterly distribution equivalent rights during the vesting period.
Genesis Energy LP director Sharilyn S. Gasaway reported compensation-related changes in her holdings. On July 1, 2026, 2,500 phantom units vested and were paid in cash, which is treated as acquiring 2,500 Common Units - Class A and simultaneously disposing of those units back to the issuer.
She also received a grant of 2,976 phantom units, which will be paid in cash based on the average closing price over the 20 trading days before vesting and include tandem distribution equivalent rights. After these transactions, she directly holds 288,364 Common Units - Class A and 10,539 phantom units.
Genesis Energy, L.P. reported a board change at its general partner. On June 26, 2026, director James E. Davison notified the board of his retirement, effective the same day. The company stated that his decision was not due to any disagreement regarding operations, policies, or practices.