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NYSE:GEL

Genesis Energy Stock Forecast, Price & News

$6.98
-0.13 (-1.83 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$6.75
Now: $6.98
$7.33
50-Day Range
$4.00
MA: $5.06
$7.11
52-Week Range
$2.58
Now: $6.98
$22.20
Volume562,200 shs
Average Volume1.46 million shs
Market Capitalization$855.59 million
P/E RatioN/A
Dividend Yield8.60%
Beta2.58
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 deep water 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 provides sulfur-extraction services to refining operations; and operates storage and transportation assets. This segment provides services to 10 refining operations; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. The company's Onshore Facilities and Transportation segment provides 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 a suite of approximately 200 trucks, 300 trailers, 397 railcars, and terminals and tankage with 4.3 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil and carbon dioxide (CO2). It owns four onshore crude oil pipeline systems with approximately 460 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, and Texas; and two CO2 pipelines with approximately 269 miles of pipe. Its Marine Transportation segment offers waterborne transportation of petroleum products 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 founded in 1996 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.08 out of 5 stars


Industry, Sector and Symbol

Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
CUSIPN/A
Phone713-860-2500
Employees2,200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.48 billion
Cash Flow$6.23 per share
Book Value$11.68 per share

Profitability

Net Income$96 million

Miscellaneous

Market Cap$855.59 million
Next Earnings Date2/17/2021 (Estimated)
OptionableOptionable
$6.98
-0.13 (-1.83 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Genesis Energy (NYSE:GEL) Frequently Asked Questions

How has Genesis Energy's stock price been impacted by COVID-19 (Coronavirus)?

Genesis Energy's stock was trading at $5.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GEL shares have increased by 20.8% and is now trading at $6.98.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Genesis Energy?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Genesis Energy
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Genesis Energy?

Wall Street analysts have given Genesis Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Genesis Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Genesis Energy's next earnings date?

Genesis Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Genesis Energy
.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) announced its quarterly earnings data on Thursday, November, 5th. The pipeline company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.17) by $0.22. The pipeline company earned $443.13 million during the quarter, compared to analyst estimates of $376.96 million. Genesis Energy had a positive return on equity of 1.18% and a negative net margin of 12.15%. The business's quarterly revenue was down 28.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.01) earnings per share.
View Genesis Energy's earnings history
.

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

Genesis Energy declared a quarterly dividend on Thursday, October 8th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.15 per share on Friday, November 13th. This represents a $0.60 annualized dividend and a dividend yield of 8.60%. The ex-dividend date of this dividend is Thursday, October 29th.
View Genesis Energy's dividend history
.

What price target have analysts set for GEL?

5 Wall Street analysts have issued 1-year target prices for Genesis Energy's shares. Their forecasts range from $9.00 to $15.00. On average, they expect Genesis Energy's share price to reach $11.33 in the next year. This suggests a possible upside of 62.4% from the stock's current price.
View analysts' price targets for Genesis Energy
.

Are investors shorting Genesis Energy?

Genesis Energy saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,510,000 shares, a drop of 23.4% from the September 30th total of 1,970,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is currently 1.3 days. Currently, 1.4% of the company's shares are sold short.
View Genesis Energy's Short Interest
.

Who are some of Genesis Energy's key competitors?

What other stocks do shareholders of Genesis Energy own?

Who are Genesis Energy's key executives?

Genesis Energy's management team includes the following people:
  • Mr. Grant E. Sims, Chairman & CEO of Genesis Energy LLC (Age 64, Pay $737.18k)
  • Mr. Robert V. Deere, Chief Financial Officer of Genesis Energy LLC (Age 65, Pay $530.81k)
  • Mr. Edward T. Flynn, Exec. VP of Genesis Energy LLC (Age 62, Pay $1.51M)
  • Mr. Richard R. Alexander, VP of Genesis Energy LLC (Age 44, Pay $670.74k)
  • Mr. Chad A. Landry, VP of Genesis Energy LLC (Age 56, Pay $595.02k)
  • Mr. Dwayne R. Morley, VP of Bus. Devel. & Investor Relations - Genesis Energy LLC (Age 38)
  • Ms. Kristen O. Jesulaitis, Exec. Officer & Gen. Counsel of Genesis Energy LLC (Age 50)
  • Mr. Ryan S. Sims, Sr. VP of Fin. & Corp. Devel. - Genesis Energy LLC (Age 36)
  • Mr. Garland G. Gaspard, Sr. VP of Genesis Energy LLC (Age 65)
  • Ms. Karen N. Pape, Sr. VP & Controller of Genesis Energy LLC (Age 62)

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 a variety of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (10.70%), JPMorgan Chase & Co. (9.34%), Chickasaw Capital Management LLC (4.45%), Morgan Stanley (3.65%), First Trust Advisors LP (0.77%) and Arrowstreet Capital Limited Partnership (0.62%). Company insiders that own Genesis Energy stock include Chad Anthony Landry, Conrad P Albert, Edward T Flynn, Garland G Gaspard, Jack T Taylor, James E Davison, Kenneth M Jastrow II, Kristen O Jesulaitis, Ryan S Sims and William Stanton Goloway.
View institutional ownership trends for Genesis Energy
.

Which institutional investors are selling Genesis Energy stock?

GEL stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, SG Americas Securities LLC, Arrowstreet Capital Limited Partnership, Alps Advisors Inc., MAI Capital Management, Raymond James & Associates, Advisors Asset Management Inc., and Pinnacle Holdings LLC.
View insider buying and selling activity for Genesis Energy
.

Which institutional investors are buying Genesis Energy stock?

GEL stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Blackstone Group Inc, First Trust Advisors LP, Sanders Morris Harris LLC, Wolverine Trading LLC, California Public Employees Retirement System, and Teacher Retirement System of Texas. Company insiders that have bought Genesis Energy stock in the last two years include Chad Anthony Landry, Conrad P Albert, Edward T Flynn, Garland G Gaspard, Jack T Taylor, James E Davison, Kenneth M Jastrow II, Kristen O Jesulaitis, and Ryan S Sims.
View insider buying and selling activity for Genesis Energy
.

How do I buy shares of 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.

What is Genesis Energy's stock price today?

One share of GEL stock can currently be purchased for approximately $6.98.

How big of a company is Genesis Energy?

Genesis Energy has a market capitalization of $855.59 million and generates $2.48 billion in revenue each year. The pipeline company earns $96 million in net income (profit) each year or $0.36 on an earnings per share basis. Genesis Energy employs 2,200 workers across the globe.

What is Genesis Energy's official website?

The official website for Genesis Energy is www.genesisenergy.com.

How can I contact Genesis Energy?

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]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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