News & Videos - GENESIS ENERGY L.P.

Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, NV on August 22-23, 2023. The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at www.genesisenergy.com under “Presentations” under the Investors tab. Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in...

Genesis Energy, L.P. (NYSE: GEL) today announced that its Board of Directors has approved a common equity repurchase program authorizing the repurchase of up to 10 percent of its outstanding Class A common units (the “Program”). Grant Sims, Chairman and CEO, commented, “As discussed in last week’s earnings release, the outlook for Genesis remains constructive, and we continue to have a clear line of sight to generating cash flow of roughly $200 to $300 million per year after certain cash...

Genesis Energy, L.P. (NYSE: GEL) today announced its second quarter results. We generated the following financial results for the second quarter of 2023: Net Income Attributable to Genesis Energy, L.P. of $49.3 million for the second quarter of 2023 compared to Net Income Attributable to Genesis Energy, L.P. of $35.3 million for the same period in 2022. Cash Flows from Operating Activities of $157.7 million for the second quarter of 2023 compared to $104.0 million for the same period in 2022. We...

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 www.genesisenergy.com . Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginning approximately one hour...

Genesis Energy, L.P. (NYSE: GEL) announced today that, on July 12, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended June 30, 2023. These distributions will be paid on August 14, 2023 to holders of record at the close of business on July 31, 2023. Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each...

Genesis Energy, L.P. (NYSE: GEL) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this information may access the Schedule K-3 through the Partner Relations support website at www.PartnerDataLink.com/Genesis or through the Quick Link on the Genesis Energy Home page at www.genesisenergy.com . A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax...

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 available and may be downloaded by...

Genesis Energy, L.P. (NYSE: GEL) today announced its first quarter results. We generated the following financial results for the first quarter of 2023: Net Loss Attributable to Genesis Energy, L.P. of $1.6 million for the first quarter of 2023 compared to Net Loss Attributable to Genesis Energy, L.P. of $5.3 million for the same period in 2022. Cash Flows from Operating Activities of $97.7 million for the first quarter of 2023 compared to $54.2 million for the same period in 2022. We declared...

Genesis Energy, L.P. (NYSE: GEL) announced today several executive leadership promotions, effective immediately. Ryan Sims has been promoted to President and Chief Commercial Officer and Kristen Jesulaitis has been promoted to Chief Financial Officer and Chief Legal Officer. Both will report directly to Chief Executive Officer Grant Sims. Louie Nicol has been promoted to Senior Vice President and Chief Accounting Officer and will report to Kristen Jesulaitis. Bob Deere, who previously served as...

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 www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginning approximately one hour after...

Genesis Energy, L.P. (NYSE: GEL) announced today that, on April 11, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended March 31, 2023. These distributions will be paid on May 15, 2023 to holders of record at the close of business on April 28, 2023. Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each...

Genesis Energy, L.P. (NYSE: GEL) today announced that the 2022 tax packages, including Schedule K-1s, are now available online. They may be accessed through the K-1 Partner Relations support website at www.PartnerDataLink.com/Genesis or through the Quick Link on the Home page at www.genesisenergy.com . The partnership expects to complete mailing of the 2022 Genesis Energy, L.P. tax packages by Monday, March 6, 2023 and expects to make the Schedule K-3 available electronically by the end of June...

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 www.genesisenergy.com under “Presentations” under the...

Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission. A copy of this 10-K may be found on the Partnership’s website www.genesisenergy.com under “Investors – SEC Reports.” In addition, GEL unitholders may receive a hard copy of the Form 10-K free of charge upon request by emailing [email protected] or by calling 1-800-284-3365. Genesis Energy, L.P. is a...

Genesis Energy, L.P. (NYSE: GEL) today announced its fourth quarter results. We generated the following financial results for the fourth quarter of 2022: Net Income Attributable to Genesis Energy, L.P. of $42.0 million for the fourth quarter of 2022 compared to Net Loss Attributable to Genesis Energy, L.P. of $68.3 million for the same period in 2021. Cash Flows from Operating Activities of $81.8 million for the fourth quarter of 2022 compared to $95.6 million for the same period in 2021. We...

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. Genesis Energy, L.P.’s Fourth Quarter Earnings Conference Call will be held Wednesday, February 22, 2023, at 8:00 a.m. Central time (9:00 a.m. Eastern time). This call can be accessed at www.genesisenergy.com . Choose the Investor Relations button. For those unable to attend the live broadcast, a replay will be available beginning...

Genesis Energy, L.P. (NYSE: GEL) today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 5.625% senior unsecured notes due 2024 (the “Notes”) that we co-issued with our subsidiary, Genesis Energy Finance Corporation, expired at 5:00 p.m., New York City time, on January 24, 2023 (the “Expiration Time”). As of the Expiration Time, $316,325,000 aggregate principal amount of the outstanding Notes (92.73%)...

Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $500,000,000 in aggregate principal amount of 8.875% senior unsecured notes due 2030. The offering was upsized from the previously announced $400,000,000 in aggregate principal amount of the notes. The price to investors will be 100% of the principal amount of the notes. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and will be guaranteed, with certain exceptions, by...

Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a cash tender offer to purchase any and all of the outstanding aggregate principal amount of the 5.625% senior unsecured notes due 2024 that we co-issued with our subsidiary, Genesis Energy Finance Corporation. As of January 18, 2023, $341,135,000 aggregate principal amount of the notes were outstanding. The tender offer is being made pursuant to an offer to purchase and a related letter of transmittal, each dated as of January...

Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a registered, underwritten public offering of $400,000,000 in aggregate principal amount of senior unsecured notes due 2030. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and will be guaranteed, with certain exceptions, by substantially all of our existing and future subsidiaries other than our unrestricted subsidiaries. We intend to use a portion of the net proceeds from the offering to...