About Genesis Energy, L.P. (NYSE:GEL)
Genesis Energy L.P. is a limited partnership focused on the midstream segment of the oil and gas industry. The Company operates through four segments: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. The Offshore Pipeline Transportation segment is engaged in the offshore transportation of crude oil and natural gas in the Gulf of Mexico. The Refinery Services segment is involved in the processing of high sulfur (or sour) gas streams as part of refining operations to remove the sulfur and selling the related by-product, sodium hydrosulfide (NaHS). The Marine Transportation segment provides waterborne transportation of petroleum products and crude oil throughout North America. The Supply and Logistics segment is engaged in terminaling, blending, storing, marketing, and transporting crude oil and petroleum products (fuel oil, asphalt and other heavy refined products) and carbon dioxide.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Symbol: NYSE:GEL
- CUSIP: N/A
- Web: www.genesisenergy.com
- Market Cap: $2.9 billion
- Outstanding Shares: 122,539,000
- 50 Day Moving Avg: $26.14
- 200 Day Moving Avg: $29.30
- 52 Week Range: $23.43 - $37.88
Sales & Book Value:
- Trailing P/E Ratio: 24.44
- Foreward P/E Ratio: 14.44
- P/E Growth: 11.37
- Annual Revenue: $1.71 billion
- Price / Sales: 1.70
- Book Value: $17.62 per share
- Price / Book: 1.34
- Annual Dividend: $2.89
- Dividend Yield: 8.2%
- EBITDA: $416.75 million
- Net Margins: 6.73%
- Return on Equity: 5.32%
- Return on Assets: 2.03%
- Debt-to-Equity Ratio: 1.41%
- Current Ratio: 1.38%
- Quick Ratio: 1.09%
- Average Volume: 576,638 shs.
- Beta: 1.2
- Short Ratio: 10.54
Frequently Asked Questions for Genesis Energy, L.P. (NYSE:GEL)
What is Genesis Energy, L.P.'s stock symbol?
Genesis Energy, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEL."
How often does Genesis Energy, L.P. pay dividends? What is the dividend yield for Genesis Energy, L.P.?
Genesis Energy, L.P. declared a quarterly dividend on Friday, October 13th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.50 per share on Tuesday, November 14th. This represents a $2.00 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date of this dividend is Monday, October 30th. View Genesis Energy, L.P.'s Dividend History.
How were Genesis Energy, L.P.'s earnings last quarter?
Genesis Energy, L.P. (NYSE:GEL) posted its earnings results on Wednesday, August, 2nd. The company reported $0.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.05. The firm had revenue of $406.72 million for the quarter, compared to analysts' expectations of $503.22 million. Genesis Energy, L.P. had a return on equity of 5.32% and a net margin of 6.73%. View Genesis Energy, L.P.'s Earnings History.
When will Genesis Energy, L.P. make its next earnings announcement?
Where is Genesis Energy, L.P.'s stock going? Where will Genesis Energy, L.P.'s stock price be in 2017?
10 analysts have issued 1-year target prices for Genesis Energy, L.P.'s shares. Their forecasts range from $27.00 to $41.00. On average, they expect Genesis Energy, L.P.'s share price to reach $34.11 in the next twelve months. View Analyst Ratings for Genesis Energy, L.P..
Who are some of Genesis Energy, L.P.'s key competitors?
Some companies that are related to Genesis Energy, L.P. include EQT Midstream Partners, LP (EQM), EnLink Midstream Partners LP (ENLK), Phillips 66 Partners LP (PSXP), Andeavor Logistics LP (ANDX), Tesoro Logistics LP (ANDX), Shell Midstream Partners, L.P. (SHLX), Tallgrass Energy Partners, LP (TEP), Plains Group Holdings, L.P. (PAGP), EnLink Midstream, LLC (ENLC), Valero Energy Partners LP (VLP), SemGroup Corp (SEMG), Semgroup Corporation (SEMG), Noble Midstream Partners LP (NBLX), Tallgrass Energy GP, LP (TEGP), Summit Midstream Partners, LP (SMLP), Western Refining Logistics, LP (WNRL), Ship Finance International Limited (SFL) and Enbridge Energy Management LLC (EEQ).
Who are Genesis Energy, L.P.'s key executives?
Genesis Energy, L.P.'s management team includes the folowing people:
- Grant E. Sims, Chairman of the Board, Chief Executive Officer of the General Partner
- Robert V. Deere, Chief Financial Officer of the General Partner
- Karen N. Pape, Senior Vice President, Controller of the General Partner
- Richard R. Alexander, Vice President
- Garland G. Gaspard, Vice President of General Partner
- William S. Goloway, Vice President Of General Partner
- Chad A. Landry, Vice President of General Partner
- Ryan S. Sims, Vice President of General Partner
- Stephen M. Smith, Vice President of the General Partner
- Kristen Oliver Jesulaitis, General Counsel
How do I buy Genesis Energy, L.P. stock?
Shares of Genesis Energy, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Genesis Energy, L.P.'s stock price today?
MarketBeat Community Rating for Genesis Energy, L.P. (NYSE GEL)MarketBeat's community ratings are surveys of what our community members think about Genesis Energy, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Genesis Energy, L.P. stock can currently be purchased for approximately $23.68.
Consensus Ratings for Genesis Energy, L.P. (NYSE:GEL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$34.11 (44.05% upside)|Consensus Price Target History for Genesis Energy, L.P. (NYSE:GEL)
Analysts' Ratings History for Genesis Energy, L.P. (NYSE:GEL)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Robert W. Baird||Set Price Target||Buy||$37.00 -> $29.00||N/A|
|10/13/2017||Janney Montgomery Scott||Set Price Target||Buy -> Buy||$37.00 -> $30.00||N/A|
|10/13/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform||$34.00 -> $28.00||N/A|
|10/13/2017||Barclays PLC||Upgrade||Underweight -> Equal Weight||$31.00 -> $27.00||N/A|
|5/15/2017||Credit Suisse Group||Upgrade||Neutral -> Outperform||N/A|
|3/24/2017||Mitsubishi UFJ Financial Group Inc||Lower Price Target||Neutral||$38.00 -> $37.00||Low|
|2/17/2017||Capital One Financial Corporation||Downgrade||Overweight -> Equal Weight||$40.00 -> $39.00||N/A|
|1/11/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|11/7/2016||DA Davidson||Reiterated Rating||Buy||$41.00||N/A|
|8/4/2016||Citigroup Inc.||Lower Price Target||Buy||$46.00 -> $43.00||N/A|
|8/4/2016||Wunderlich||Lower Price Target||Buy||$41.00 -> $39.00||N/A|
Earnings History for Genesis Energy, L.P. (NYSE:GEL)Earnings History by Quarter for Genesis Energy, L.P. (NYSE GEL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.23||$0.28||$503.22 million||$406.72 million||View||Listen|
|5/4/2017||Q1 2017||$0.22||$0.23||$468.64 million||$415.50 million||View||Listen|
|2/16/2017||Q416||$0.32||$0.19||$583.49 million||$428.05 million||View||N/A|
|11/3/2016||Q316||$0.33||$0.28||$595.60 million||$460.05 million||View||N/A|
|8/3/2016||Q216||$0.37||$0.22||$585.96 million||$446.00 million||View||N/A|
|5/4/2016||Q116||$0.35||$0.32||$562.47 million||$378.40 million||View||N/A|
|2/18/2016||Q415||$0.46||$0.25||$847.30 million||$491.00 million||View||Listen|
|11/3/2015||Q315||$0.41||$0.26||$797.58 million||$572.30 million||View||N/A|
|7/29/2015||Q215||$0.26||$0.12||$707.52 million||$656.30 million||View||Listen|
|4/29/2015||Q115||$0.34||$0.21||$990.26 million||$526.88 million||View||N/A|
|2/19/2015||Q414||$0.37||$0.33||$1.03 billion||$847.30 billion||View||N/A|
|10/30/2014||Q314||$0.34||$0.33||$1.22 billion||$964.11 million||View||N/A|
|7/31/2014||Q214||$0.34||$0.24||$1.16 billion||$1.02 billion||View||N/A|
|5/2/2014||Q114||$0.35||$0.34||$1.35 billion||$1.02 billion||View||N/A|
|2/18/2014||Q413||$0.36||$0.19||$1.45 billion||$961.04 billion||View||N/A|
|11/1/2013||Q313||$0.38||$0.22||$1.27 billion||$1.26 billion||View||N/A|
|8/1/2013||Q2 2013||$0.35||$0.33||$1.20 billion||$1.20 billion||View||N/A|
|5/2/2013||Q1 2013||$0.35||$0.28||$1.13 billion||$1.15 billion||View||N/A|
|2/14/2013||Q4 2012||$0.37||$0.34||$1.10 billion||$1.05 billion||View||N/A|
|11/6/2012||Q312||$0.29||$0.39||$1.03 billion||$942.30 million||View||N/A|
Earnings Estimates for Genesis Energy, L.P. (NYSE:GEL)
2017 EPS Consensus Estimate: $1.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Genesis Energy, L.P. (NYSE:GEL)
|Dividend Growth:||10.50% (3 Year Average)|
|Payout Ratio:||294.90% (Trailing 12 Months of Earnings) |
283.33% (Based on This Year's Estimates)
176.22% (Based on Next Year's Estimates)
|Track Record:||12 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Genesis Energy, L.P. (NYSE GEL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Genesis Energy, L.P. (NYSE:GEL)
Insider Ownership Percentage: 0.72%Insider Trades by Quarter for Genesis Energy, L.P. (NYSE:GEL)
Institutional Ownership Percentage: 74.49%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/7/2017||Kenneth M Jastrow II||Director||Buy||7,804||$27.25||$212,659.00|| |
|9/6/2017||Kenneth M Jastrow II||Director||Buy||27,196||$26.74||$727,221.04|| |
|6/13/2017||Robert V Deere||CFO||Buy||34,000||$30.34||$1,031,560.00|| |
|2/29/2016||Jack T Taylor||Director||Buy||10,000||$24.77||$247,700.00|| |
|8/6/2013||Conrad Albert||Director||Buy||3,000||$48.61||$145,830.00|| |
|6/18/2013||James E Davison||Director||Sell||265,000||$51.61||$13,676,650.00|| |
|5/28/2013||James E Davison||Director||Sell||8,750||$52.85||$462,437.50|| |
|5/24/2013||James E Davison||Director||Sell||1,750||$52.58||$92,015.00|| |
|5/22/2013||James E Davison||Director||Sell||17,500||$54.31||$950,425.00|| |
|10/5/2012||Grant E Sims||CEO||Buy||216,334||$30.00||$6,490,020.00|| |
|10/5/2012||Robert C Sturdivant||Director||Sell||1,498,984||$31.58||$47,337,914.72|| |
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Genesis Energy, L.P. (GEL) Chart for Monday, October, 23, 2017