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NYSE:GEL

Genesis Energy (GEL) Stock Price, News & Analysis

$13.26
0.00 (0.00%)
(As of 05/21/2024 ET)
Today's Range
$13.12
$13.42
50-Day Range
$10.26
$13.31
52-Week Range
$8.05
$13.42
Volume
607,820 shs
Average Volume
424,899 shs
Market Capitalization
$1.62 billion
P/E Ratio
39.00
Dividend Yield
4.52%
Price Target
$15.00

Genesis Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.1% Upside
$15.00 Price Target
Short Interest
Bearish
2.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Genesis Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$17,325 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.94 out of 5 stars

Oils/Energy Sector

172nd out of 243 stocks

Pipelines, Except Natural Gas Industry

6th out of 11 stocks

GEL stock logo

About Genesis Energy Stock (NYSE:GEL)

Genesis Energy, L.P. provides integrated suite of midstream services in crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation, Soda and Sulfur Services, Marine Transportation, and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as deep water pipeline servicing. This segment also owns interests in offshore crude oil and natural gas pipeline systems, platforms, and related infrastructure. The Soda and Sulfur Services segment produces, markets, and sells soda ash; and provides sulfur removal services. This segment also owns and operates soda ash production facilities, underground trona ore mines and brine solution mining operations and related equipment, and logistics and other assets; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. The Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges and 42 push/tow boats. The Onshore Facilities and Transportation segment offers onshore facilities and transportation services to crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products; and operates trucks, trailers, railcars, and terminals and tankage in various locations along the Gulf Coast. This segment also transports crude oil, as well as owns four onshore crude oil pipeline systems and four operational crude oil rail unloading facilities. The company was incorporated in 1996 and is headquartered in Houston, Texas.

GEL Stock Price History

GEL Stock News Headlines

Genesis Energy, L.P. Declares Quarterly Distribution
2023 K-1 Tax Packages for Genesis Energy, L.P.
Genesis Energy, L.P. to Participate in the J.P.
Genesis Energy, L.P. Files Form 10-K
GEL Dec 2024 7.500 put
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/29/2024
Last Earnings
5/02/2024
Dividend Payable
5/15/2024
Today
5/22/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
2,137
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$15.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+13.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$117.72 million
Pretax Margin
5.13%

Debt

Sales & Book Value

Annual Sales
$3.18 billion
Cash Flow
$3.36 per share
Book Value
$7.14 per share

Miscellaneous

Free Float
121,582,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
2.01
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Key Executives

  • Mr. Grant E. Sims (Age 68)
    Chairman & CEO of Genesis Energy LLC
    Comp: $3.21M
  • Mr. Ryan S. Sims (Age 40)
    President & Chief Commercial Officer - Genesis Energy LLC
    Comp: $1.12M
  • Ms. Kristen O. Jesulaitis (Age 54)
    Chief Financial Officer & Chief Legal Officer of Genesis Energy LLC
    Comp: $1.18M
  • Mr. Robert V. Deere (Age 69)
    Chief Administrative Officer of Genesis Energy LLC
    Comp: $972.15k
  • Mr. Edward T. Flynn (Age 66)
    Executive VP of Genesis Energy LLC & President of Genesis Alkali
    Comp: $2.25M
  • Mr. Garland G. Gaspard (Age 69)
    Senior Vice President of Operations & Engineering - Genesis Energy LLC
    Comp: $885.06k
  • Mr. Louie V. Nicol
    Senior VP & Chief Accounting Officer of Genesis Energy LLC
  • Mr. Dwayne R. Morley (Age 42)
    Vice President of Business Development & Investor Relations - Genesis Energy LLC
  • Ms. Ashley R. Holbrook
    Vice President of Human Resources of Genesis Energy LLC
  • Mr. William W. Rainsberger (Age 39)
    Senior Vice President of Offshore - Genesis Energy LLC

GEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Genesis Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GEL shares.
View GEL analyst ratings
or view top-rated stocks.

What is Genesis Energy's stock price target for 2024?

1 brokers have issued 12 month target prices for Genesis Energy's stock. Their GEL share price targets range from $15.00 to $15.00. On average, they predict the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for GEL
or view top-rated stocks among Wall Street analysts.

How have GEL shares performed in 2024?

Genesis Energy's stock was trading at $11.58 at the beginning of the year. Since then, GEL stock has increased by 14.5% and is now trading at $13.26.
View the best growth stocks for 2024 here
.

Are investors shorting Genesis Energy?

Genesis Energy saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,210,000 shares, an increase of 23.5% from the April 15th total of 1,790,000 shares. Based on an average daily volume of 402,000 shares, the days-to-cover ratio is presently 5.5 days. Approximately 2.1% of the shares of the company are short sold.
View Genesis Energy's Short Interest
.

When is Genesis Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GEL earnings forecast
.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) announced its quarterly earnings data on Thursday, May, 2nd. The pipeline company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.10. The pipeline company earned $770.11 million during the quarter. Genesis Energy had a net margin of 4.14% and a trailing twelve-month return on equity of 14.70%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.21) earnings per share.

How often does Genesis Energy pay dividends? What is the dividend yield for Genesis Energy?

Genesis Energy declared a quarterly dividend on Thursday, April 11th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.15 per share on Wednesday, May 15th. This represents a $0.60 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for GEL
.

Is Genesis Energy a good dividend stock?

Genesis Energy (NYSE:GEL) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.58%. GEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 176.48%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GEL.

What is Grant E. Sims' approval rating as Genesis Energy's CEO?

28 employees have rated Genesis Energy Chief Executive Officer Grant E. Sims on Glassdoor.com. Grant E. Sims has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Genesis Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Energy investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), EnLink Midstream (ENLC), AT&T (T), New Residential Investment (NRZ), Golar LNG Partners (GMLP), NGL Energy Partners (NGL), Organigram (OGI) and CNBX Pharmaceuticals (CNBX).

Who are Genesis Energy's major shareholders?

Genesis Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (4.92%), Chickasaw Capital Management LLC (3.29%), Westwood Holdings Group Inc. (3.29%), Clearbridge Investments LLC (2.65%), Natixis (0.99%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.88%). Insiders that own company stock include Edward T Flynn, Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Jeffrey J Rasmussen and Ryan S Sims.
View institutional ownership trends
.

How do I buy shares of Genesis Energy?

Shares of GEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GEL) was last updated on 5/22/2024 by MarketBeat.com Staff

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