Genesis Energy, L P.
infoGenesis Energy is a small cap stock with a total market cap of 1.18B.
infoThey trade on the NYSE and had their IPO 26 years and 8 months ago.
infoGenesis Energy currently employs 2088 people.
infoAs of Wednesday, Aug 23 2023, Genesis Energy’s share price is $9.59.
News Relating to Genesis Energy
Business Wire
Genesis Energy, L.P. Sets Date for Release of Second Quarter Results and Conference Call
Thursday Jul 20 2023 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Second Quarter ended June 30, 2023 on August 3, 2023, before the market opens. Genesis Energy, L.P.’s Second Quarter Earnings Conference Call will be held Thursday, August 3, 2023, at 8:00 a.m. Central time (9:00 a.m. Eastern time). This call can be accessed at http://www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginnin.
Seeking Alpha
Genesis Energy: A Unique High-Yielder In The Midstream Sector
Wednesday Jun 07 2023 at 17:37
Genesis Energy, L.P. is a unique midstream company that operates in many sectors that peers do not. The company has significant near-term growth potential in both the traditional and green energy sectors. The company has largely addressed the debt problems that it had prior to the pandemic and is now one of the strongest companies in the industry financially.
Business Wire
Genesis Energy, L.P. to Participate in Investor Conferences
Monday May 22 2023 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the following conferences: 20th Annual Energy Infrastructure CEO & Investor Conference in West Palm Beach, FL on May 23-24, 2023 2023 RBC Capital Markets Global Energy, Power & Infrastructure Conference in New York City on June 6-7, 2023 2023 BofA Securities Energy Credit Conference in New York City on June 7-8, 2023 The Partnership’s latest presentation materials are availa.
Business Wire
Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call
Monday Apr 17 2023 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the First Quarter ended March 31, 2023 on May 4, 2023, before the market opens. Genesis Energy, L.P.’s First Quarter Earnings Conference Call will be held Thursday, May 4, 2023, at 8:30 a.m. Central time (9:30 a.m. Eastern time). This call can be accessed at http://www.genesisenergy.com. Choose the Investor Relations button.
Seeking Alpha
Genesis Energy: Thesis Getting Stronger
Tuesday Apr 04 2023 at 04:48
Genesis Energy’s results continue to exceed expectations with another “beat and raise” quarter. By 2025, Genesis Energy should have enough free cash flow to pay a $2/unit distribution and retire $300 million a year in debt or preferred equity.
Seeking Alpha
Midstream Energy Stocks Ranked By Quality
Sunday Mar 26 2023 at 08:08
Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields.
Seeking Alpha
Energy Income Weekly: Guiding For Growth In 2023
Friday Mar 03 2023 at 18:48
Energy income equities were largely flat in an ugly week for the stock market. Fourth-quarter earnings results and forward guidance continue to come in strong.
Business Wire
Genesis Energy, L.P. to Participate in Investor Conferences
Monday Feb 27 2023 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the following conferences: Barclays Select Series: Midstream Corporate Access Days in New York, New York on February 27, 2023 J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami, Florida on March 6-8, 2023 The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at http://www.genesisenergy.
Seeking Alpha
Genesis Energy LP (GEL) Q4 2022 Earnings Call Transcript
Wednesday Feb 22 2023 at 12:30
Genesis Energy LP (NYSE:GEL ) Q4 2022 Earnings Conference Call February 22, 2023 9:00 AM ET Company Participants Dwayne Morley – VP, Business Development & IR Grant Sims – Chairman & CEO Conference Call Participants Torrey Schultz – RBC Capital Markets Operator Greetings, and welcome to the Genesis Energy LP Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Business Wire
Genesis Energy, L.P. Sets Date for Release of Fourth Quarter Results and Conference Call
Friday Feb 03 2023 at 06:00
HOUSTON–( BUSINESS WIRE )–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Fourth Quarter ended December 31, 2022 on February 22, 2023, before the market opens.
Seeking Alpha
Energy Income Weekly: Commodity Price Declines Fail To Dent Midstream Cash Flows
Tuesday Jan 24 2023 at 19:45
It was a flat week for energy income equities where gainers and decliners were roughly equal. Natural gas-weighted names were weak in response to the 7% decline in natural gas prices.
Seeking Alpha
Energy Income Weekly: A Resilient Start To 2023
Wednesday Jan 11 2023 at 18:58
Income-producing energy stocks outperformed during the week’s violent commodity selloff. The strong performance came from attractive valuations and the sector’s positive outlook for 2023.
Seeking Alpha
Energy Income Weekly: Rallying Into The End Of 2022
Thursday Dec 29 2022 at 16:42
Commodity-exposed energy stocks led the way higher. Small-cap MLPs took a beating.
Seeking Alpha
My Top 2023 Pick: Genesis Energy
Monday Dec 26 2022 at 02:52
Genesis Energy had a positive year featuring multiple “beat and raise” quarters and issuing healthy guidance for 2023, yet units are down 20% from earlier this year. While debt levels are a concern, they are rapidly coming under control as EBITDA grows.
Seeking Alpha
Genesis Energy: Positive Momentum Heading Into 2023
Monday Dec 12 2022 at 01:59
Genesis Energy lagged most of its midstream peers during 2021 and early 2022 that saw much faster recoveries from the severe downturn of 2020. Thankfully, the second half of 2022 is proving fruitful with their financial performance improving materially.
Seeking Alpha
Genesis Energy, L.P. (GEL) Q3 2022 Earnings Call Transcript
Thursday Oct 27 2022 at 17:41
Genesis Energy, L.P. (NYSE:GEL ) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET Company Participants Dwayne Morley – Vice President of Business Development & Investor Relations Grant Sims – Chairman & Chief Executive Officer Conference Call Participants Michael Blum – Wells Fargo TJ Schultz – RBC Capital Markets Karl Blunden – Goldman Sachs Operator Greetings and welcome to Genesis Energy Third Quarter 2022 Earnings Conference Call.
Business Wire
Genesis Energy, L.P. Sets Date for Release of Third Quarter Results and Conference Call
Wednesday Oct 19 2022 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P.
Seeking Alpha
Genesis Energy: Emerging Green Shoots, But Dark Clouds Forming
Tuesday Oct 04 2022 at 03:23
Genesis Energy saw a disappointing start to 2022 as their cash flow performance seemingly failed to capitalize on the booming operating conditions. Thankfully, this changed during the second quarter, with their underlying cash flow performance enjoying a sizeable improvement.
Seeking Alpha
Midstream Weekly Recap: Midstream Equities Soar, Energy Sector Posts Record Earnings
Wednesday Aug 03 2022 at 12:14
Midstream surged 7.3% higher during the week, with every midstream equity in our coverage universe posting a gain. Second-quarter energy sector earnings are hitting records.
Seeking Alpha
Genesis Energy: Huge Q2 Beat And Other Opportunities Affirm Our Bullish Stance
Friday Jul 29 2022 at 15:57
Genesis Energy 2Q22 beat: Every business unit ahead of forecast leading to 21% segment margin beat and 22% Adjusted EBITDA beat. Guidance raised 10%: For the first time in years, management raised guidance mid-year to Adjusted EBITDA of $670-$680M from $605-$625M (including asset sales on both figures).
Seeking Alpha
Genesis Energy, L.P. (GEL) CEO Grant Sims on Q2 2022 Results – Earnings Call Transcript
Thursday Jul 28 2022 at 20:49
Genesis Energy, L.P. (NYSE:GEL ) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET Company Participants Dwayne Morley – VP, IR Grant Sims – CEO Bob Deere – CFO Ryan Sims – SVP, Finance & Corporate Development Conference Call Participants Karl Blunden – Goldman Sachs T.J.
Seeking Alpha
Genesis Energy: Near-Term Growth Potential With A 7.5% Yield But Watch The Debt
Tuesday Jul 26 2022 at 10:12
Genesis Energy is one of the most unique midstream companies in the business as it operates in several segments that we do not typically see in the sector. The company has some significant growth prospects offshore in the Gulf of Mexico since production in that area is poised to grow.
Business Wire
Genesis Energy, L.P. Sets Date for Release of Second Quarter Results and Conference Call
Thursday Jul 07 2022 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Second Quarter ended June 30, 2022 on July 28, 2022, before the market opens. Genesis Energy, L.P.’s Second Quarter Earnings Conference Call will be held Thursday, July 28, 2022, at 9:00 a.m. Central time (10:00 a.m. Eastern time). This call can be accessed at http://www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginning
Seeking Alpha
Genesis Energy: New Contracts For 160,000 Bpd Of Oil Transport On CHOPS Affirms Our Bullish Stance
Thursday May 26 2022 at 14:14
Genesis Energy 1Q22 results beat. Segment margin beat our model by 14% and adjusted EBITDA beat by 4%. Management guided to high end of its previous range on the segment. New contracts/CHOPS expansion is more important. Management said it signed two agreements for an aggregate 160,000bpd on CHOPS.
Business Wire
Genesis Energy, L.P. to Participate in the 2022 EIC Investor Conference
Monday May 16 2022 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the 2022 EIC Investor Conference in West Palm Beach, Florida. The conference is being held in person on Monday, May 16th, 2022 and Tuesday, May 17th, 2022. The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at http://www.genesisenergy.com under “Presentations” under the Investors tab. Genesis Energy, L.P. is a diversified midstrea
Seeking Alpha
Genesis Energy: Failing To Capitalize On Booming Operating Conditions
Friday May 06 2022 at 05:03
Genesis Energy averted a possible liquidity crisis in 2021, thanks to divestitures but 2022 still looked disappointing. Now that 2022 is underway, it has seen their underlying cash flow performance broadly flat versus 2021.
Seeking Alpha
Genesis Energy, L.P. (GEL) CEO Grant Sims on Q1 2022 Earnings Call Transcript
Wednesday May 04 2022 at 16:06
Genesis Energy, L.P. (NYSE:GEL ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Dwayne Morley – VP, IR Grant Sims – CEO Conference Call Participants Kyle May – Capital One Securities TJ Schultz – RBC Capital Markets Operator Greetings and welcome to the Genesis Energy L.P.
Business Wire
Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call
Monday Apr 25 2022 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the First Quarter ended March 31, 2022 on May 4, 2022, before the market opens. Genesis Energy, L.P.’s First Quarter Earnings Conference Call will be held Wednesday, May 4, 2022, at 9:00 a.m. Central time (10:00 a.m. Eastern time). This call can be accessed at http://www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginning app
Seeking Alpha
Genesis Energy: Buy The Dip. Despite 2022 Guidance Below Forecast, We Explain Why We Believe Genesis Is Still A Double+ The Next Two Years
Monday Feb 28 2022 at 08:30
Genesis Energy: Buy The Dip. Despite 2022 Guidance Below Forecast, We Explain Why We Believe Genesis Is Still A Double+ The Next Two Years
Business Wire
Genesis Energy, L.P. Sets Date for Release of Fourth Quarter Results and Conference Call
Thursday Feb 03 2022 at 06:00
HOUSTON–(BUSINESS WIRE)–Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Fourth Quarter ended December 31, 2021 on February 17, 2022, before the market opens. Genesis Energy, L.P.’s Fourth Quarter Earnings Conference Call will be held Thursday, February 17, 2022, at 9:00 a.m. Central time (10:00 a.m. Eastern time). This call can be accessed at http://www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be availab
Genesis Energy Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Genesis Energy’s Altman Z-score is 0.77 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Genesis Energy Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 2 insiders have bought $143.72K of common stock in Genesis Energy on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Genesis Energy’s Income Quality of 3.61 is greater than its Industry Group of 1.59 (127.0% greater)
Genesis Energy’s Income Quality of 3.61 is greater than its Major Industry Group of 1.59 (127.0% greater)
Genesis Energy’s Income Quality of 3.61 is greater than its Sector of 1.39 (159.7% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Genesis Energy’s Current Ratio of 1.13 is in line with its Industry Group of 1.06 (6.6% greater)
Genesis Energy’s Current Ratio of 1.13 is in line with its Major Industry Group of 1.06 (6.6% greater)
Genesis Energy’s Current Ratio of 1.13 is in line with its Sector of 1.18 (-4.2% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Genesis Energy’s PE Ratio of 10.66 is in line with its Industry Group of 10.66
Genesis Energy’s PE Ratio of 10.66 is in line with its Major Industry Group of 10.66
Genesis Energy’s PE Ratio of 10.66 is greater than its Sector of 6.18 (72.5% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Genesis Energy’s PB Ratio of 0.68 is lower than its Industry Group of 0.79 (-13.9% lower)
Genesis Energy’s PB Ratio of 0.68 is lower than its Major Industry Group of 0.79 (-13.9% lower)
Genesis Energy’s PB Ratio of 0.68 is lower than its Sector of 1.01 (-32.7% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Genesis Energy’s ROE of 0.06 is lower than its Industry Group of 0.1 (-40.0% lower)
Genesis Energy’s ROE of 0.06 is lower than its Major Industry Group of 0.1 (-40.0% lower)
Genesis Energy’s ROE of 0.06 is in line with its Sector of 0.06
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Genesis Energy’s ROCE of 0.03 is lower than its Industry Group of 0.08 (-62.5% lower)
Genesis Energy’s ROCE of 0.03 is lower than its Major Industry Group of 0.08 (-62.5% lower)
Genesis Energy’s ROCE of 0.03 is lower than its Sector of 0.06 (-50.0% lower)
Derived from SEC.GOV filing dataopen_in_new