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NYSE:GEL

Genesis Energy - GEL Stock Forecast, Price & News

$10.50
+0.06 (+0.57%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$9.94
$10.56
50-Day Range
$7.86
$12.84
52-Week Range
$7.49
$13.48
Volume
395,689 shs
Average Volume
631,024 shs
Market Capitalization
$1.29 billion
P/E Ratio
N/A
Dividend Yield
5.75%
Price Target
$12.50

Genesis Energy MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
19.0% Upside
$12.50 Price Target
Short Interest
Bearish
5.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$194,800 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Oils/Energy Sector

234th out of 261 stocks

Pipelines, Except Natural Gas Industry

13th out of 14 stocks

GEL stock logo

About Genesis Energy (NYSE:GEL) Stock

Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment offers sulfur-extraction services to refining operations; and operates storage and transportation assets. This segment provides services to ten refining operations; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. Its Onshore Facilities and Transportation segment offers onshore facilities and transportation services to Gulf Coast crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products. It operates trucks, trailers, railcars, and terminals and tankage with 4.2 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil. It owns four onshore crude oil pipeline systems with approximately 450 miles of pipe in Alabama, Florida, Louisiana, Mississippi, and Texas; and four operational crude oil rail unloading facilities in Baton Rouge, Raceland, and Louisiana, as well as Walnut Hill, Florida and Natchez, Mississippi. Its Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges with a combined transportation capacity of 3.2 million barrels; and 42 push/tow boats. In addition, the company produces natural soda ash. Genesis Energy, LLC serves as a general partner of the company. The company was incorporated in 1996 and is headquartered in Houston, Texas.

Genesis Energy Price Performance

GEL Stock traded up $0.06 during trading on Monday, hitting $10.50. 395,689 shares of the stock traded hands, compared to its average volume of 631,024. Genesis Energy has a one year low of $7.49 and a one year high of $13.48. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of -9.66 and a beta of 2.34. The company has a 50 day simple moving average of $9.34 and a 200 day simple moving average of $10.94. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 3.73.

Genesis Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 12th. Shareholders of record on Friday, July 29th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend was Thursday, July 28th. Genesis Energy's dividend payout ratio is presently -55.05%.

Insiders Place Their Bets

In related news, Director James E. Davison bought 10,000 shares of the company's stock in a transaction on Friday, August 5th. The stock was bought at an average cost of $9.48 per share, with a total value of $94,800.00. Following the completion of the purchase, the director now owns 2,707,890 shares in the company, valued at approximately $25,670,797.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.72% of the company's stock.

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GEL Stock News Headlines

Genesis Energy (GEL) Q2 2022 Earnings Call Transcript
Genesis Energy: Q2 Earnings Insights
Genesis Energy (NYSE:GEL) Shares Gap Up to $8.01
Genesis Energy Tops Q1 EPS by 16c
2021 K-1 Tax Packages for Genesis Energy, L.P.
Recap: Genesis Energy Q4 Earnings
Genesis Energy Q4 2021 Earnings Preview
See More Headlines
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GEL Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 8/12 Dividend
7/28/2022
Dividend Payable
8/12/2022
Today
8/15/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
1,903
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.50
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-165,070,000.00
Pretax Margin
0.12%

Debt

Sales & Book Value

Annual Sales
$2.13 billion
Cash Flow
$1.60 per share
Book Value
$6.68 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.29 billion
Optionable
Optionable
Beta
2.34

Key Executives

  • Mr. Grant E. Sims (Age 66)
    Chairman & CEO of Genesis Energy LLC
    Comp: $1.63M
  • Mr. Robert V. Deere (Age 67)
    Chief Financial Officer of Genesis Energy LLC
    Comp: $880.67k
  • Ms. Kristen O. Jesulaitis (Age 52)
    Exec. Officer & Gen. Counsel of Genesis Energy LLC
    Comp: $825.12k
  • Mr. Garland G. Gaspard (Age 67)
    Sr. VP of Operations & Engineering - Genesis Energy LLC
    Comp: $729.39k
  • Mr. Edward T. Flynn (Age 64)
    Exec. VP of Genesis Energy LLC
    Comp: $762.64k
  • Mr. Dwayne R. Morley (Age 40)
    VP of Bus. Devel. & Investor Relations - Genesis Energy LLC
  • Mr. Ryan S. Sims (Age 38)
    Sr. VP of Fin. & Corp. Devel. - Genesis Energy LLC
  • Ms. Karen N. Pape (Age 64)
    Sr. VP & Controller of Genesis Energy LLC
  • Mr. Richard R. Alexander (Age 46)
    VP of Genesis Energy LLC
  • Mr. Chad A. Landry (Age 58)
    VP of Genesis Energy LLC













GEL Stock - Frequently Asked Questions

Should I buy or sell Genesis Energy stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GEL, but not buy additional shares or sell existing shares.
View GEL analyst ratings
or view top-rated stocks.

What is Genesis Energy's stock price forecast for 2022?

5 analysts have issued 1 year price targets for Genesis Energy's shares. Their GEL share price forecasts range from $11.00 to $15.00. On average, they predict the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 19.0% 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 2022?

Genesis Energy's stock was trading at $10.71 at the beginning of the year. Since then, GEL stock has decreased by 2.0% and is now trading at $10.50.
View the best growth stocks for 2022 here
.

When is Genesis Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our GEL earnings forecast
.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) released its quarterly earnings results on Thursday, November, 4th. The pipeline company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.26. The pipeline company earned $518.80 million during the quarter, compared to analysts' expectations of $402.75 million. Genesis Energy had a negative net margin of 2.41% and a negative trailing twelve-month return on equity of 7.12%. Genesis Energy's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period last year, the firm earned ($0.36) earnings per share.

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

Genesis Energy announced a quarterly dividend on Tuesday, July 12th. Stockholders of record on Friday, July 29th will be given a dividend of $0.15 per share on Friday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date is Thursday, July 28th.
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 5.75%. GEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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?
What is Genesis Energy's stock symbol?

Genesis Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEL."

Who are Genesis Energy's major shareholders?

Genesis Energy's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (0.00%), Alps Advisors Inc. (0.00%), JPMorgan Chase & Co. (0.00%), Mirae Asset Global Investments Co. Ltd. (0.00%), Tortoise Capital Advisors L.L.C. (4.02%) and RR Advisors LLC (0.00%). Insiders that own company stock include Chad Anthony Landry, Conrad P Albert, Edward T Flynn, Edward T Flynn, Garland G Gaspard, Grant E Sims, Jack T Taylor, James E Davison, Kenneth M Jastrow II, Kristen O Jesulaitis, Ryan S Sims and William Stanton Goloway.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Genesis Energy's stock price today?

One share of GEL stock can currently be purchased for approximately $10.50.

How much money does Genesis Energy make?

Genesis Energy (NYSE:GEL) has a market capitalization of $1.29 billion and generates $2.13 billion in revenue each year. The pipeline company earns $-165,070,000.00 in net income (profit) each year or ($1.09) on an earnings per share basis.

How many employees does Genesis Energy have?

The company employs 1,903 workers across the globe.

How can I contact Genesis Energy?

Genesis Energy's mailing address is 919 MILAM SUITE 2100, HOUSTON TX, 77002. The official website for the company is www.genesisenergy.com. The pipeline company can be reached via phone at (713) 860-2500, via email at gelinfo@genlp.com, or via fax at 713-860-2640.

This page (NYSE:GEL) was last updated on 8/15/2022 by MarketBeat.com Staff

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