S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
Novo Nordisk Arms Wegovy to Be a Triple Threat
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
When Will the Next Bull Market Be?
NYSE:GEL

Genesis Energy (GEL) Stock Price, News & Analysis

$11.74
-0.06 (-0.51%)
(As of 04/15/2024 ET)
Today's Range
$11.65
$12.02
50-Day Range
$10.26
$12.01
52-Week Range
$8.05
$12.78
Volume
340,596 shs
Average Volume
356,210 shs
Market Capitalization
$1.44 billion
P/E Ratio
53.32
Dividend Yield
5.11%
Price Target
$15.00

Genesis Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.9% Upside
$15.00 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.00mentions of Genesis Energy in the last 14 days
Based on 7 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.

3.74 out of 5 stars

Oils/Energy Sector

76th out of 246 stocks

Pipelines, Except Natural Gas Industry

1st 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 (NYSE:GEL) Stock Price Up 1.6%
Genesis Energy, L.P. Declares Quarterly Distribution
Unusual Passive Income Investment (Found on a Golf Course)
Marc reveals how anyone can get into a similar opportunity for just $5.
Unusual Passive Income Investment (Found on a Golf Course)
Marc reveals how anyone can get into a similar opportunity for just $5.
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
Genesis Energy Turns To Q4 Loss
Genesis Energy, L.P. Reports Fourth Quarter 2023 Results
Genesis Energy, L.P. Reports Fourth Quarter 2023 Results
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
1/30/2024
Dividend Payable
2/14/2024
Last Earnings
2/15/2024
Today
4/15/2024
Ex-Dividend for 5/15 Dividend
4/29/2024
Next Earnings (Estimated)
5/02/2024
Dividend Payable
5/15/2024
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
+25.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$117.72 million
Pretax Margin
4.61%

Debt

Sales & Book Value

Annual Sales
$3.18 billion
Cash Flow
$3.41 per share
Book Value
$7.33 per share

Miscellaneous

Free Float
121,582,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
2.05
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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 price objectives for Genesis Energy's shares. Their GEL share price targets range from $15.00 to $15.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 27.9% 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 on January 1st, 2024. Since then, GEL stock has increased by 1.3% and is now trading at $11.73.
View the best growth stocks for 2024 here
.

Are investors shorting Genesis Energy?

Genesis Energy saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,700,000 shares, a decrease of 5.6% from the March 15th total of 1,800,000 shares. Based on an average daily trading volume, of 356,200 shares, the days-to-cover ratio is presently 4.8 days. Approximately 1.6% of the shares of the company are sold short.
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, May 2nd 2024.
View our GEL earnings forecast
.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) issued its quarterly earnings data on Thursday, February, 15th. The pipeline company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.31. The pipeline company earned $774.10 million during the quarter. Genesis Energy had a net margin of 3.71% and a trailing twelve-month return on equity of 13.34%. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 EPS.

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

Genesis Energy announced a quarterly dividend on Thursday, April 11th. Investors of record on Tuesday, April 30th will be given a dividend of $0.15 per share on Wednesday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 5.12%. 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 5.08%. GEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 272.73%. 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?
Who are Genesis Energy's major shareholders?

Genesis Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (3.29%), Sanders Morris Harris LLC (0.10%) and Mather Group LLC. (0.00%). 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 4/15/2024 by MarketBeat.com Staff

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