Genesis Energy, L.P. Company Profile (NYSE:GEL)

About Genesis Energy, L.P. (NYSE:GEL)

Genesis Energy, L.P. logoGenesis 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 Pipelines
  • Sub-Industry: N/A
  • Symbol: NYSE:GEL
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.86 billion
  • Outstanding Shares: 122,579,000
Average Prices:
  • 50 Day Moving Avg: $31.77
  • 200 Day Moving Avg: $33.75
  • 52 Week Range: $29.50 - $40.90
  • Trailing P/E Ratio: 34.64
  • Foreward P/E Ratio: 20.85
  • P/E Growth: 6.86
Sales & Book Value:
  • Annual Revenue: $1.75 billion
  • Price / Sales: 2.21
  • Book Value: $18.06 per share
  • Price / Book: 1.74
  • Annual Dividend: $2.84
  • Dividend Yield: 9.1%
  • EBIDTA: $425.25 million
  • Net Margins: 6.68%
  • Return on Equity: 5.70%
  • Return on Assets: 2.07%
  • Debt-to-Equity Ratio: 1.37%
  • Current Ratio: 1.29%
  • Quick Ratio: 1.00%
  • Average Volume: 514,730 shs.
  • Beta: 1.24
  • Short Ratio: 7.01

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. announced a quarterly dividend on Wednesday, April 12th. Stockholders of record on Friday, April 28th will be given a dividend of $0.72 per share on Monday, May 15th. This represents a $2.88 annualized dividend and a dividend yield of 9.15%. The ex-dividend date of this dividend is Wednesday, April 26th. This is a positive change from Genesis Energy, L.P.'s previous quarterly dividend of $0.71. View Genesis Energy, L.P.'s Dividend History.

How were Genesis Energy, L.P.'s earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.22 by $0.01. The firm had revenue of $415.50 million for the quarter, compared to the consensus estimate of $468.64 million. Genesis Energy, L.P. had a net margin of 6.68% and a return on equity of 5.70%. Genesis Energy, L.P.'s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the company earned $0.32 EPS. View Genesis Energy, L.P.'s Earnings History.

Where is Genesis Energy, L.P.'s stock going? Where will Genesis Energy, L.P.'s stock price be in 2017?

11 equities research analysts have issued 1 year price objectives for Genesis Energy, L.P.'s stock. Their forecasts range from $36.00 to $44.00. On average, they anticipate Genesis Energy, L.P.'s stock price to reach $39.30 in the next year. View Analyst Ratings for Genesis Energy, L.P..

What are analysts saying about Genesis Energy, L.P. stock?

Here are some recent quotes from research analysts about Genesis Energy, L.P. stock:

  • 1. According to Zacks Investment Research, "Genesis Energy operates crude oil common carrier pipelines and is an independent gatherer and marketer of crude oil in North America, with operations concentrated in Texas, Louisiana, Alabama, Florida, Mississippi and New Mexico. " (5/9/2017)
  • 2. Citigroup Inc analysts commented, "underappreciated growth story," Citi said, while upgrading the stock to Buy from Neutral."We believe GEL offers investors an underappreciated growth story driven by a visible ramp in its deepwater Gulf of Mexico pipelines and organic investments in its Supply and Logistics/onshore pipeline businesses," analyst Faisel Khan wrote in a note.Khan, who expects Genesis to generate about 10 percent distribution growth through the end of the decade, noted that the company is set to benefit from its near $1 billion organic capex in the back half of 2016 or early 2017.Related Link: D.A. Davidson Expects An Oil/Gas Rebound"We expect additional cash flow growth in the offshore business through 2020 driven by increased production from several key projects including Lucius and Heidelberg. We do not believe there is a significant cliff in GOM production in the current decade based on forecasts for projects sanctioned and online and decline rates significantly less severe compared to shale," (7/1/2016)

Who are some of Genesis Energy, L.P.'s key competitors?

Who owns Genesis Energy, L.P. stock?

Genesis Energy, L.P.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include OppenheimerFunds Inc. (12.05%), Chickasaw Capital Management LLC (6.74%), Goldman Sachs Group Inc. (2.78%), Eagle Global Advisors LLC (1.36%), Atlantic Trust Group LLC (1.21%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.21%). View Institutional Ownership Trends for Genesis Energy, L.P..

Who sold Genesis Energy, L.P. stock? Who is selling Genesis Energy, L.P. stock?

Genesis Energy, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Neuberger Berman Group LLC, Wells Fargo & Company MN, Fort Washington Investment Advisors Inc. OH, Evergreen Capital Management LLC, Heronetta Management L.P., UBS Group AG and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Genesis Energy, L.P..

Who bought Genesis Energy, L.P. stock? Who is buying Genesis Energy, L.P. stock?

Genesis Energy, L.P.'s stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Chickasaw Capital Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Morgan Stanley, Bank of America Corp DE, Infrastructure Capital Advisors LLC, Goldman Sachs Group Inc. and First Trust Advisors LP. View Insider Buying and Selling for Genesis Energy, L.P..

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.

How much does a share of Genesis Energy, L.P. stock cost?

One share of Genesis Energy, L.P. stock can currently be purchased for approximately $31.49.

Analyst Ratings

Consensus Ratings for Genesis Energy, L.P. (NYSE:GEL) (?)
Ratings Breakdown: 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $39.30 (24.80% upside)

Analysts' Ratings History for Genesis Energy, L.P. (NYSE:GEL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Credit Suisse Group AGUpgradeNeutral -> OutperformN/AView Rating Details
3/24/2017Mitsubishi UFJ Financial Group IncLower Price TargetNeutral$38.00 -> $37.00LowView Rating Details
2/17/2017Capital One Financial Corp.DowngradeOverweight -> Equal Weight$40.00 -> $39.00N/AView Rating Details
2/17/2017Royal Bank of CanadaDowngradeOutperform -> Sector Perform$39.00 -> $38.00N/AView Rating Details
1/11/2017Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
11/7/2016DA DavidsonReiterated RatingBuy$41.00N/AView Rating Details
8/10/2016Barclays PLCBoost Price TargetEqual Weight$33.00 -> $36.00N/AView Rating Details
8/4/2016Citigroup IncLower Price TargetBuy$46.00 -> $43.00N/AView Rating Details
8/4/2016WunderlichLower Price TargetBuy$41.00 -> $39.00N/AView Rating Details
6/16/2016Janney Montgomery ScottReiterated RatingBuy$32.00 -> $44.00N/AView Rating Details
9/25/2015Cowen and CompanyInitiated CoverageBuy$50.00N/AView Rating Details
7/21/2015MLV & Co.Lower Price TargetBuy$60.00 -> $57.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Genesis Energy, L.P. (NYSE:GEL)
Earnings by Quarter for Genesis Energy, L.P. (NYSE:GEL)
Earnings History by Quarter for Genesis Energy, L.P. (NYSE:GEL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.22$0.23$468.64 million$415.50 millionViewListenView Earnings Details
2/16/2017Q416$0.32$0.19$583.49 million$428.05 millionViewN/AView Earnings Details
11/3/2016Q316$0.33$0.28$595.60 million$460.05 millionViewN/AView Earnings Details
8/3/2016Q216$0.37$0.22$585.96 million$446.00 millionViewN/AView Earnings Details
5/4/2016Q116$0.35$0.32$562.47 million$378.40 millionViewN/AView Earnings Details
2/18/2016Q415$0.46$0.25$847.30 million$491.00 millionViewListenView Earnings Details
11/3/2015Q315$0.41$0.26$797.58 million$572.30 millionViewN/AView Earnings Details
7/29/2015Q215$0.26$0.12$707.52 million$656.30 millionViewListenView Earnings Details
4/29/2015Q115$0.34$0.21$990.26 million$526.88 millionViewN/AView Earnings Details
2/19/2015Q414$0.37$0.33$1.03 billion$847.30 billionViewN/AView Earnings Details
10/30/2014Q314$0.34$0.33$1.22 billion$964.11 millionViewN/AView Earnings Details
7/31/2014Q214$0.34$0.24$1.16 billion$1.02 billionViewN/AView Earnings Details
5/2/2014Q114$0.35$0.34$1.35 billion$1.02 billionViewN/AView Earnings Details
2/18/2014Q413$0.36$0.19$1.45 billion$961.04 billionViewN/AView Earnings Details
11/1/2013Q313$0.38$0.22$1.27 billion$1.26 billionViewN/AView Earnings Details
8/1/2013Q2 2013$0.35$0.33$1.20 billion$1.20 billionViewN/AView Earnings Details
5/2/2013Q1 2013$0.35$0.28$1.13 billion$1.15 billionViewN/AView Earnings Details
2/14/2013Q4 2012$0.37$0.34$1.10 billion$1.05 billionViewN/AView Earnings Details
11/6/2012Q312$0.29$0.39$1.03 billion$942.30 millionViewN/AView Earnings Details
8/2/2012$0.23$0.23ViewN/AView Earnings Details
4/26/2012$0.26$0.27ViewN/AView Earnings Details
2/16/2012$0.30$0.10ViewN/AView Earnings Details
11/8/2011$0.23$0.27ViewN/AView Earnings Details
8/5/2011$0.32$0.27ViewN/AView Earnings Details
5/10/2011$0.31$0.11ViewN/AView Earnings Details
3/3/2011$0.31$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Genesis Energy, L.P. (NYSE:GEL)
2017 EPS Consensus Estimate: $1.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.29$0.29$0.29
Q2 20171$0.32$0.32$0.32
Q3 20171$0.34$0.34$0.34
Q4 20171$0.35$0.35$0.35
(Data provided by Zacks Investment Research)


Current Dividend Information for Genesis Energy, L.P. (NYSE:GEL)
Most Recent Dividend:5/15/2017
Annual Dividend:$2.84
Dividend Yield:9.02%
Dividend Growth:10.50% (3 Year Average)
Payout Ratio:267.93% (Trailing 12 Months of Earnings)
246.96% (Based on This Year's Estimates)
188.08% (Based on Next Year's Estimates)
Track Record:12 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Genesis Energy, L.P. (NYSE:GEL)

Dividend History by Quarter for Genesis Energy, L.P. (NYSE:GEL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Genesis Energy, L.P. (NYSE:GEL)
Insider Ownership Percentage: 0.72%
Institutional Ownership Percentage: 72.58%
Insider Trades by Quarter for Genesis Energy, L.P. (NYSE:GEL)
Institutional Ownership by Quarter for Genesis Energy, L.P. (NYSE:GEL)
Insider Trades by Quarter for Genesis Energy, L.P. (NYSE:GEL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/29/2016Jack T TaylorDirectorBuy10,000$24.77$247,700.00View SEC Filing  
8/6/2013Conrad AlbertDirectorBuy3,000$48.61$145,830.00View SEC Filing  
6/18/2013James E DavisonDirectorSell265,000$51.61$13,676,650.00View SEC Filing  
5/28/2013James E DavisonDirectorSell8,750$52.85$462,437.50View SEC Filing  
5/24/2013James E DavisonDirectorSell1,750$52.58$92,015.00View SEC Filing  
5/22/2013James E DavisonDirectorSell17,500$54.31$950,425.00View SEC Filing  
10/5/2012Grant E SimsCEOBuy216,334$30.00$6,490,020.00View SEC Filing  
10/5/2012Robert C SturdivantDirectorSell1,498,984$31.58$47,337,914.72View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Genesis Energy, L.P. (NYSE:GEL)
Latest Headlines for Genesis Energy, L.P. (NYSE:GEL)
DateHeadline logoGenesis Energy LP – Value Analysis (NYSE:GEL) : May 23, 2017 - May 23 at 5:02 PM logoGenesis Energy, L.P. (GEL) Receives Consensus Rating of "Hold" from Brokerages - May 23 at 7:18 AM logoGenesis Energy LP breached its 50 day moving average in a Bullish Manner : GEL-US : May 22, 2017 - May 22 at 11:19 AM logoGenesis Energy Upgraded by Credit Suisse after 1Q17 Earnings - May 11 at 5:59 PM logoZacks Investment Research Upgrades Genesis Energy, L.P. (GEL) to Hold - May 9 at 9:50 PM logoGEL's Strong Dividend History Helps Get It To The Top 10 - Nasdaq - May 9 at 11:40 AM logoCredit Suisse Group AG Upgrades Genesis Energy, L.P. (GEL) to Outperform - May 8 at 10:48 AM logoGenesis Energy's (GEL) CEO Grant Sims on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - May 8 at 8:31 AM logoGenesis Energy, L.P. to Participate in the Deutsche Bank 2017 MLP, Midstream and Natural Gas Conference - Business Wire (press release) - May 8 at 8:31 AM logoCredit Suisse Upgrades Genesis Energy LP (GEL) to Outperform - - May 8 at 8:31 AM logoGenesis Energy, L.P. to Participate in the Deutsche Bank 2017 MLP, Midstream and Natural Gas Conference - May 8 at 8:31 AM logoGenesis Energy, L.P. (GEL) Announces Quarterly Earnings Results - May 5 at 11:12 PM logoGenesis Energy, L.P. (GEL) Expected to Announce Earnings of $0.25 Per Share - May 5 at 10:21 PM logoEdited Transcript of GEL earnings conference call or presentation 4-May-17 1:30pm GMT - May 5 at 5:35 PM logoGenesis Energy, L.P. (GEL) Earns News Impact Score of 0.19 - May 4 at 2:28 PM logoGenesis Energy, L.P. Reports First Quarter 2017 Results - May 4 at 8:11 AM logoGenesis Energy, L.P. (GEL) Receives $39.27 Consensus Price Target from Analysts - May 4 at 1:31 AM logoFavorable Press Coverage Likely to Impact Genesis Energy, L.P. (GEL) Stock Price - May 1 at 7:26 PM logoPositive Press Coverage Very Likely to Affect Genesis Energy, L.P. (GEL) Stock Price - April 28 at 11:10 PM logoGenesis Energy, L.P. (GEL) Given Consensus Recommendation of "Hold" by Brokerages - April 28 at 9:36 AM logoResearch Reports Coverage on Oil & Gas Stocks -- Genesis Energy, EnLink Midstream, Spectra Energy, and Antero Midstream - April 27 at 12:58 AM logoResearch Reports Coverage on Oil & Gas Stocks -- Genesis Energy, EnLink Midstream, Spectra Energy, and Antero ... - PR Newswire (press release) - April 26 at 7:57 PM logoGenesis Energy LP : GEL-US: Dividend Analysis : April 28th, 2017 (record date) : By the numbers : April 26, 2017 - April 26 at 7:57 PM logoGenesis Energy, L.P. (GEL) Ex-Dividend Date Scheduled for April 26, 2017 - Nasdaq - April 25 at 11:14 AM logoGenesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call - April 25 at 11:14 AM logoFavorable Media Coverage Very Likely to Impact Genesis Energy, L.P. (GEL) Share Price - April 17 at 7:01 PM logo$511.56 Million in Sales Expected for Genesis Energy, L.P. (GEL) This Quarter - April 16 at 7:42 AM logoZacks: Brokerages Expect Genesis Energy, L.P. (GEL) Will Post Earnings of $0.23 Per Share - April 14 at 10:16 PM logoPositive News Coverage Extremely Likely to Impact Genesis Energy, L.P. (GEL) Stock Price - April 13 at 2:16 PM logoGenesis Energy, L.P. (gel) to Issue Dividend Increase - $0.72 Per Share - April 13 at 10:54 AM logoBlog Coverage Nustar Acquires Navigator Energy; Solidifies Permian Position - April 13 at 10:47 AM logoGenesis Energy, L.P. Increases Quarterly Distribution - April 11 at 5:11 PM logoOne 'Attractive 10% Yield' Worth Skipping - April 10 at 11:26 AM logoThe Zacks Analyst Blog Highlights: Cypress Energy Partners, Genesis Energy, Western Gas Equity Partners, Sprague Resources and CVR Refining - April 3 at 10:26 AM logoSteer Clear of These 5 Energy MLPs in April - March 31 at 5:28 PM logoVetr Inc. Upgrades Genesis Energy, L.P. (GEL) to "Strong-Buy" - March 26 at 10:33 AM logoGenesis Energy, L.P. (GEL) PT Lowered to $37.00 - March 24 at 7:21 PM logoGENESIS ENERGY LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements - March 24 at 5:32 PM logoGenesis Energy, L.P.'s (GEL) Neutral Rating Reaffirmed at Mitsubishi UFJ Financial Group - March 23 at 11:05 AM logoGenesis Energy (GEL) Prices 4M Share Public Offering - March 21 at 8:52 AM logoGenesis Energy Stock Getting Very Oversold - March 20 at 7:19 PM logoGenesis Energy, L.P. Announces Public Offering of Common Units - March 20 at 7:19 PM logo4:11 pm Genesis Energy, L.P. commences a registered underwritten public offering of 4,000,000 common units - March 20 at 7:19 PM logoAre Options Traders Betting on a Big Move in Genesis Energy (GEL) Stock? - March 15 at 5:44 PM logoGenesis Energy, L.P. (GEL) Lifted to “Strong-Buy” at Vetr Inc. - March 12 at 1:24 PM logoGenesis Energy, L.P. (GEL) Lifted to Strong-Buy at Vetr Inc. - March 10 at 9:03 AM logoGENESIS ENERGY LP Financials - March 3 at 5:25 PM logoGenesis Energy (GEL) Presents At Barclays Select Series MLP Corporate Access Day - March 2 at 10:45 AM logoGenesis Energy, L.P. to Participate in the Barclays 2017 MLP Corporate Access Days - February 27 at 7:07 PM logoGENESIS ENERGY LP Files SEC form 10-K, Annual Report - February 27 at 7:07 PM



Genesis Energy, L.P. (GEL) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff