Genesis Energy Stock Price, News & Analysis (NYSE:GEL)

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

Genesis Energy announced a quarterly dividend on Wednesday, October 9th. Investors of record on Thursday, October 31st will be given a dividend of $0.55 per share on Thursday, November 14th. This represents a $2.20 dividend on an annualized basis and a yield of 10.30%. The ex-dividend date is Wednesday, October 30th. View Genesis Energy's Dividend History.

Genesis Energy, L.P. (NYSE:GEL) released its earnings results on Tuesday, August, 6th. The pipeline company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. The pipeline company had revenue of $634.80 million for the quarter, compared to analysts' expectations of $685.95 million. Genesis Energy had a return on equity of 7.09% and a net margin of 1.15%. Genesis Energy's revenue was down 15.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.05) earnings per share. View Genesis Energy's Earnings History.

Genesis Energy is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Genesis Energy.

5 brokerages have issued 12 month price objectives for Genesis Energy's shares. Their predictions range from $24.00 to $27.00. On average, they expect Genesis Energy's share price to reach $25.50 in the next year. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for Genesis Energy.

5 Wall Street 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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genesis Energy.

Press coverage about GEL stock has trended negative on Monday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Genesis Energy earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Genesis Energy.

Genesis Energy saw a increase in short interest in September. As of September 30th, there was short interest totalling 6,620,000 shares, an increase of 11.8% from the August 30th total of 5,920,000 shares. Based on an average trading volume of 609,100 shares, the days-to-cover ratio is currently 10.9 days. Approximately 6.2% of the company's shares are sold short. View Genesis Energy's Current Options Chain.

Some companies that are related to Genesis Energy include Continental Resources (CLR), TechnipFMC (FTI), Noble Energy (NBL), Marathon Oil (MRO), Targa Resources (TRGP), HollyFrontier (HFC), Devon Energy (DVN), Showa Shell Sekiyu KK (SWSKF), National-Oilwell Varco (NOV), Andeavor Logistics (ANDX), Apache (APA), Cabot Oil & Gas (COG), KUNLUN ENERGY C/ADR (KLYCY), Phillips 66 Partners (PSXP) and KONINKLIJKE VOP/ADR (VOPKY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Energy investors own include Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), iShares US Preferred Stock ETF (PFF), AT&T (T), Omega Healthcare Investors (OHI), Apollo Investment (AINV), Magellan Midstream Partners (MMP), Kinder Morgan (KMI), Ophthotech (OPHT) and Johnson & Johnson (JNJ).

Genesis Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (7.68%). Company insiders that own Genesis Energy stock include Chad Anthony Landry, Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Kenneth M Jastrow II, Kristen O Jesulaitis, Richard R Alexander, Robert V Deere, Ryan S Sims and Sharilyn S Gasaway. View Institutional Ownership Trends for Genesis Energy.

GEL stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC. View Insider Buying and Selling for Genesis Energy.

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

One share of GEL stock can currently be purchased for approximately $21.36.

Genesis Energy has a market capitalization of $2.62 billion and generates $2.91 billion in revenue each year. The pipeline company earns $-6,070,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Genesis Energy employs 2,100 workers across the globe.View Additional Information About Genesis Energy.

The official website for Genesis Energy is http://www.genesisenergy.com/.

Genesis Energy's mailing address is 919 MILAM SUITE 2100, HOUSTON TX, 77002. The pipeline company can be reached via phone at 713-860-2500 or via email at [email protected]