Company research
GENESIS ENERGY LP
CIK 1022321Updated Sep 24, 2026
SecurityGEL · NYSE · equity
GEL price & chart
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NYSE:GEL on TradingView ↗About the company
Genesis Energy, L.P. (NYSE: GEL) is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis’ operations include offshore pipeline transportation, sulfur services, onshore facilities and transportation and marine transportation. Genesis’ operations are primarily located in the Gulf Coast region of the United States and the Gulf of Mexico.
In the news
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Recent filings
SD filing
SCHEDULE 13G/A filing
SCHEDULE 13G/A filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,860,703,000Source | 7,037,692,000Source | 7,018,778,000Source | 6,365,992,000Source |
| Property, Plant and Equipment, NetUSD | 3,465,323,000Source | 4,667,508,000Source | 4,528,301,000Source | 4,096,573,000Source |
| GoodwillUSD | 301,959,000Source | 301,959,000Source | 301,959,000Source | 301,959,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 75,606,000Source | 97,285,000Source | 141,537,000Source | 127,320,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,437,000Source | 10,748,000Source | 9,234,000Source | 7,930,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 608,221,000Source | 740,584,000Source | 759,547,000Source | 721,567,000Source |
| Inventory, NetUSD | 55,366,000Source | 110,739,000Source | 135,231,000Source | 78,143,000Source |
| Assets, CurrentUSD | 687,466,000Source | 911,733,000Source | 964,050,000Source | 853,047,000Source |
| Operating Lease, Right-of-Use AssetUSD | 57,670,000Source | 228,186,000Source | 240,341,000Source | 125,277,000Source |
| Other Assets, NoncurrentUSD | 54,048,000Source | 55,102,000Source | 38,241,000Source | 32,208,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,152,619,000Source | 5,521,909,000Source | 5,308,001,000Source | 4,590,530,000Source |
| Stockholders’ equity: | ||||
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | 9,486,000Source | 8,040,000Source | 6,114,000Source |
| Liabilities and EquityUSD | 4,860,703,000Source | 7,037,692,000Source | 7,018,778,000Source | 6,365,992,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 699,692,000Source | 858,755,000Source | 967,447,000Source | 709,107,000Source |
| Operating Lease, Liability, CurrentUSD | 5,483,000Source | 27,558,000Source | 29,869,000Source | 17,978,000Source |
| Accounts Payable, CurrentUSD | 490,712,000Source | 491,070,000Source | 588,924,000Source | 427,961,000Source |
| Operating Lease, Liability, NoncurrentUSD | 62,355,000Source | 204,932,000Source | 214,946,000Source | 113,844,000Source |
| Deferred Income Tax Liabilities, NetUSD | 17,405,000Source | 17,801,000Source | 17,510,000Source | 16,652,000Source |
| Other Liabilities, NoncurrentUSD | 388,707,000Source | 538,200,000Source | 570,197,000Source | 400,617,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 208,980,000Source | 367,685,000Source | 378,523,000Source | 281,146,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | -9,394,000Source | -7,981,000Source | -6,114,000Source |
| Deferred Tax Liabilities, NetUSD | 28,812,000Source | 45,900,000Source | 68,310,000Source | 30,827,000Source |
| Long-term DebtUSD | 3,046,815,000Source | 4,120,250,000Source | 3,764,464,000Source | 3,464,154,000Source |
| Partners' Capital, Including Portion Attributable to Noncontrolling InterestUSD | 155,561,000Source | 702,194,000Source | 897,188,000Source | 883,553,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -393,240,000Source | -33,007,000Source | 146,347,000Source | 129,135,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 250,934,000Source | 313,158,000Source | 280,189,000Source | 296,205,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 15,251,000Source | 5,234,000Source | 25,379,000Source | 17,810,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 120,916,000Source | -17,511,000Source | -159,426,000Source | 261,849,000Source |
| Increase (Decrease) in InventoriesUSD | 23,018,000Source | -38,824,000Source | 37,566,000Source | -2,087,000Source |
| Increase (Decrease) in Accounts PayableUSD | 104,655,000Source | 434,000Source | -135,289,000Source | 152,138,000Source |
| Deferred Income Tax Expense (Benefit)USD | 573,000Source | 492,000Source | -1,066,000Source | 2,354,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 252,826,000Source | 391,934,000Source | 521,126,000Source | 334,395,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 832,294,000Source | -552,164,000Source | -593,648,000Source | -374,519,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | 0Source | -4,332,000Source | — |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 0Source | 1,044,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,108,235,000Source | 161,744,000Source | 73,993,000Source | 41,699,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -2,798,000Source | -1,144,000Source | 904,000Source | 1,500,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -23,115,000Source | 1,514,000Source | 1,471,000Source | 1,575,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,437,000Source | 29,552,000Source | 28,038,000Source | 26,567,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 800,000Source | 1,400,000Source | 900,000Source | 1,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | 730,000Source |
| Amortization of Debt Issuance CostsUSD | 12,908,000Source | 14,639,000Source | 12,889,000Source | 9,271,000Source |
| Amortization of Intangible AssetsUSD | 10,300,000Source | 11,900,000Source | 11,600,000Source | 10,300,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 11,311,000Source | 11,107,000Source | 12,040,000Source | 13,092,000Source |
| DepreciationUSD | 221,800,000Source | 295,700,000Source | 263,500,000Source | 281,400,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | -432,193,000Source | — | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 8,448,000Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 0Source | 0Source | 40,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 9,779,000Source | 15,367,000Source | 4,627,000Source | -794,000Source |
| General and Administrative ExpenseUSD | 86,339,000Source | 59,432,000Source | 65,779,000Source | 66,598,000Source |
| GoodwillUSD | 301,959,000Source | 301,959,000Source | 301,959,000Source | 301,959,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | 43,000,000Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 30,505,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -423,745,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 47,629,000Source | 58,291,000Source | 66,198,000Source | 54,206,000Source |
| Income Tax Expense (Benefit)USD | 806,000Source | 1,792,000Source | -19,000Source | 3,169,000Source |
| InterestExpenseNonoperatingUSD | — | -287,235,000Source | — | — |
| Inventory Write-downUSD | 700,000Source | 400,000Source | 200,000Source | 2,900,000Source |
| Net Income (Loss) Attributable to ParentUSD | -440,403,000Source | -63,947,000Source | 117,720,000Source | 75,457,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 23,235,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -513,409,000Source | -151,523,000Source | 26,995,000Source | -4,595,000Source |
| Other Depreciation and AmortizationUSD | 232,072,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | -9,779,000Source | -15,367,000Source | -4,627,000Source | -10,758,000Source |
| Proceeds from Noncontrolling InterestsUSD | 68,454,000Source | 36,045,000Source | 75,240,000Source | 22,839,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | 117,000Source | 7,837,000Source | -36,635,000Source | 5,823,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,630,415,000Source | 2,966,216,000Source | 3,176,996,000Source | 2,788,957,000Source |
| Operating Income (Loss)USD | 258,190,000Source | 213,096,000Source | 329,420,000Source | 315,012,000Source |
| Other Nonoperating Income (Expense)USD | -9,779,000Source | -15,367,000Source | -4,627,000Source | -10,758,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 31,311,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 806,000Source | 1,792,000Source | -19,000Source | 3,169,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 23,235,000Source |
| Net Income (Loss) Attributable to ParentUSD | -440,403,000Source | -63,947,000Source | 117,720,000Source | 75,457,000Source |
| Earnings Per Share, BasicUSD per share | -4.19Source | -1.24Source | 0.22Source | -0.04Source |
| Earnings Per Share, DilutedUSD per share | -4.19Source | -1.24Source | 0.22Source | -0.04Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 122,464,000Source | 122,464,000Source | 122,535,000Source | 122,579,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 122,464,000Source | 122,464,000Source | 122,535,000Source | 122,579,000Source |
| Interest Expense (non-operating)USD | — | -287,235,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 10,300,000Source | 11,900,000Source | 11,600,000Source | 10,300,000Source |
| Costs and ExpensesUSD | 1,372,225,000Source | 2,753,120,000Source | 2,847,576,000Source | 2,473,945,000Source |
| Current Income Tax Expense (Benefit)USD | 233,000Source | 1,300,000Source | 1,047,000Source | 815,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 8,448,000Source | — | — | — |
| General and Administrative ExpenseUSD | 86,339,000Source | 59,432,000Source | 65,779,000Source | 66,598,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 30,505,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.73Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.73Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -423,745,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 47,629,000Source | 58,291,000Source | 66,198,000Source | 54,206,000Source |
| Interest Income (Expense), NetUSD | -264,729,000Source | 287,235,000Source | -244,663,000Source | -226,156,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 47,163,000Source | 30,940,000Source | 28,627,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -513,409,000Source | -151,523,000Source | 26,995,000Source | -4,595,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -89,664,000Source | — | — | — |
| Other General and Administrative ExpenseUSD | — | — | 73,876,000Source | 71,820,000Source |
Filing attachments
d57238dex42.htm · 8-K · 2026-03-04
EX-4.2 2 d57238dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 Execution Version GENESIS ENERGY, L.P. GENESIS ENERGY FINANCE CORPORATION AND THE GUARANTORS NAMED ON THE SIGNATURE PAGES HEREOF 6.750% SENIOR NOTES DUE 2034 TWENTY-FOURTH SUPPLEMENTAL INDENTURE Dated as of March 4, 2026 REGIONS BANK, as Trustee TABLE OF CONTENTS ARTICLE ONE ISSUE AND DESCRIPTION OF NOTES 2 ────────────────────…
Read attachment ↗d100948dex991.htm · 8-K · 2026-02-24
EX-99.1 3 d100948dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Genesis Energy, L.P. Announces Public Offering of Senior Notes HOUSTON - (BUSINESS WIRE) - Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior notes due 2034 (the “notes”). The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and initially will be…
Read attachment ↗d100948dex992.htm · 8-K · 2026-02-24
EX-99.2 4 d100948dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes HOUSTON - (BUSINESS WIRE) - Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $750,000,000 in aggregate principal amount of 6.75% senior notes due 2034 (the “notes”). The offering of the notes was upsized from the previously announced $500,000,000 in aggregate principal amount of the notes. The price to investors will be 10…
Read attachment ↗d870215dex991.htm · 8-K · 2025-03-05
EX-99.1 4 d870215dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE March 3, 2025 Genesis Energy, L.P. Announces the Sale of its Soda Ash Operations HOUSTON- (BUSINESS WIRE) - Genesis Energy, L.P. (NYSE: GEL) today announced that it has closed a transaction to sell its soda ash manufacturing and related operations (the “Alkali Business”) to an indirect affiliate of WE Soda Ltd. Transaction highlights include: The implied enterprise value of the Alkali Business is $1.425 bi…
Read attachment ↗d870215dex992.htm · 8-K · 2025-03-05
EX-99.2 5 d870215dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 FOR IMMEDIATE RELEASE March 4, 2025 Genesis Energy, L.P. Announces Senior Notes Redemption HOUSTON - (BUSINESS WIRE) - Genesis Energy, L.P. (NYSE: GEL) today announced that it will redeem the entire outstanding principal amount of its 8.0% senior notes due 2027 (the “Notes”) that were co-issued with its subsidiary, Genesis Energy Finance Corporation. As of March 3, 2025, $406,245,000 in aggregate principal amount of the Notes were…
Read attachment ↗