Every 8-K that Genesis Energy, L.P. (GEL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GEL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GEL filings page.
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, 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.
Genesis Energy, L.P. reported a return to profitability in the first quarter of 2026, with net income attributable to Genesis of $6.8 million compared to a net loss of $469.1 million a year earlier. Revenue rose to $446.6 million from $398.3 million and operating income increased to $76.6 million.
Cash flows from operating activities were $81.7 million versus $24.8 million in the prior-year quarter. Adjusted EBITDA reached $140.9 million, while Available Cash before Reserves to common unitholders was $43.8 million, covering the $0.18 per common unit distribution 1.99 times. Total Segment Margin was $156.4 million, led by a 40% year-over-year increase in offshore pipeline transportation.
On the balance sheet, Adjusted Consolidated EBITDA for the trailing twelve months was $587.0 million, implying a bank leverage ratio of 5.38x. Genesis issued $750 million of 6.75% senior unsecured notes due 2034, used proceeds to retire $679 million of 7.75% notes due 2028, amended and upsized its revolver to $900 million, and repurchased $135 million of high-cost Series A preferred securities, actions expected to reduce annual financing costs by about $12 million.
Genesis Energy, L.P. entered into an Eighth Amended and Restated Credit Agreement providing a $900 million senior secured revolving credit facility, replacing its prior facility. The agreement allows the total facility to increase to up to $1.3 billion, subject to lender consent and customary conditions.
The new facility generally matures on March 4, 2031, but this date moves earlier if more than $150 million of Genesis’s 8.250% senior notes due 2029 remain outstanding on October 16, 2028 or if more than $150 million of its 8.875% senior notes due 2030 remain outstanding on January 14, 2030. Borrowings bear interest at either an alternate base rate or Term SOFR plus a margin that varies with Genesis’s leverage ratio.
The facility is secured by guarantees from substantially all Restricted Subsidiaries and liens on a substantial portion of Genesis’s assets, and it includes financial covenants on leverage and interest coverage. Genesis used proceeds from this new facility to repay in full all amounts outstanding under the prior credit agreement.
Genesis Energy, L.P. has completed an offering of $750 million in 6.750% senior notes due 2034, issued under its existing indenture and guaranteed by certain subsidiaries. The partnership plans to use the net proceeds to purchase or redeem any and all of its 7.75% senior notes due 2028 and for general partnership purposes, including repaying part of the borrowings under its senior secured credit facility. The new notes are senior unsecured obligations ranking equally with Genesis’ other senior unsecured debt, pay interest semiannually starting September 15, 2026, and mature on May 15, 2034.
Genesis Energy, L.P. entered into an underwriting agreement for a public debt offering and has priced $750 million of 6.75% senior unsecured notes due 2034, co-issued with Genesis Energy Finance Corporation and guaranteed by most subsidiaries.
Genesis expects approximately $737.0 million in net proceeds. It plans to use the cash to purchase or redeem any and all of its outstanding 7.75% senior notes due 2028 and for general partnership purposes, including repaying part of the revolving borrowings under its senior secured credit facility. The notes are issued under an existing shelf registration and are expected to settle on March 4, 2026, subject to customary closing conditions.
Genesis Energy, L.P. reported much stronger fourth quarter 2025 results, swinging to Net Income Attributable of $19.9 million from a $49.4 million loss a year earlier. Cash Flows from Operating Activities rose to $110.8 million from $74.0 million, reflecting healthier underlying cash generation.
For the quarter, Available Cash before Reserves to common unitholders was $61.1 million, covering the quarterly common distribution of $0.18 per unit by 2.77x, after paying $14.9 million on preferred units. Total Segment Margin increased to $174.0 million, and Adjusted EBITDA reached $157.8 million.
For full-year 2025, Adjusted EBITDA was about $544 million, near the low end of prior guidance, while Adjusted Consolidated EBITDA for the trailing twelve months was $588.1 million, supporting a bank leverage ratio of 5.12x. Management highlights growth in offshore pipeline volumes from the Shenandoah and Salamanca developments, the sale of its Alkali business for roughly $1.0 billion in net proceeds, sharply reduced credit facility borrowings to about $6.4 million, and a 9.1% increase in the common distribution as key steps in repositioning Genesis as a focused, cash-generative midstream partnership.
Genesis Energy, L.P. furnished an earnings press release for the quarter ended September 30, 2025 and hosted a webcast conference call on October 30, 2025 at 9:00 a.m. Central (10:00 a.m. Eastern). A copy of the release was included as Exhibit 99.1, and the webcast replay is available on the company’s website for 30 days.
The information under Item 2.02 and Exhibit 99.1 was furnished, not filed, under the Exchange Act. The company highlighted non-GAAP measures, including Adjusted EBITDA, Available Cash before Reserves, and total Segment Margin, with reconciliations to GAAP provided in the accompanying schedules.
Genesis Energy, L.P. (NYSE: GEL) filed a Form 8-K dated 31 July 2025 under Item 2.02 to furnish its second-quarter 2025 earnings press release (Exhibit 99.1) and announce a webcast conference call on 31 July 2025 at 9:00 a.m. CT (10:00 a.m. ET). The filing itself contains no quantitative financial results; investors must refer to the press release for numbers.
The partnership reiterates its reliance on three non-GAAP metrics—Adjusted EBITDA, Available Cash before Reserves, and Segment Margin—and provides detailed definitions, purposes and reconciliation references. Management distinguishes between discretionary and non-discretionary maintenance capital and introduces “maintenance capital utilized” as a proxy for required spend when deriving Available Cash before Reserves.
The disclosure clarifies that the information is “furnished” rather than “filed” under Exchange Act Section 18, limiting liability and incorporation by reference. No updates on guidance, distribution policy, capital structure, or other material events are included.