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 1,431miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services processes high sulfur gas streams to remove sulfur for refineries. This segment provides services to 10 refining operations; and sells the by-product sodium hydrosulfide and caustic soda to industrial and commercial companies engages in the mining of base metals, such as copper and molybdenum, as well as in the production of pulp and paper. The company's Onshore Facilities and Transportation segment provides 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, 400 trailers, 540 railcars, and terminals and tankage with 4.6 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil and carbon dioxide (CO2). It owns 5 onshore crude oil pipeline systems with approximately 600 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, Texas, and Wyoming; and 2 CO2 pipelines with approximately 270 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 89 barges with a combined transportation capacity of 3.1 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. Genesis Energy, L.P. was founded in 1996 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Petroleum bulk stations & terminals
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:GEL
Previous Symbol
CUSIPN/A
Phone713-860-2500
Debt
Debt-to-Equity Ratio2.06
Current Ratio1.77
Quick Ratio1.57
Price-To-Earnings
Trailing P/E Ratio21.67
Forward P/E Ratio-2,297.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.03 billion
Price / Sales1.39
Cash Flow$3.3242 per share
Price / Cash6.91
Book Value$14.62 per share
Price / Book1.57
Profitability
EPS (Most Recent Fiscal Year)$1.06
Net Income$82.64 million
Net Margins1.16%
Return on Equity5.92%
Return on Assets1.60%
Miscellaneous
Employees2,100
Outstanding Shares122,540,000
Market Cap$2.78 billion
OptionableOptionable
Genesis Energy (NYSE:GEL) Frequently Asked Questions
What is Genesis Energy's stock symbol?
Genesis Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEL."
How often does Genesis Energy pay dividends? What is the dividend yield for Genesis Energy?
Genesis Energy declared a quarterly dividend on Friday, October 12th. Investors of record on Wednesday, October 31st will be given a dividend of $0.54 per share on Wednesday, November 14th. This represents a $2.16 dividend on an annualized basis and a yield of 9.40%. The ex-dividend date is Tuesday, October 30th. This is a boost from Genesis Energy's previous quarterly dividend of $0.53. View Genesis Energy's Dividend History.
How were Genesis Energy's earnings last quarter?
Genesis Energy, L.P. (NYSE:GEL) issued its quarterly earnings data on Thursday, November, 1st. The pipeline company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.35. The pipeline company had revenue of $745.30 million for the quarter, compared to analysts' expectations of $736.85 million. Genesis Energy had a return on equity of 5.92% and a net margin of 1.16%. The firm's revenue was up 53.3% compared to the same quarter last year. During the same period last year, the firm posted $0.01 EPS. View Genesis Energy's Earnings History.
When is Genesis Energy's next earnings date?
What price target have analysts set for GEL?
5 brokers have issued 1 year price objectives for Genesis Energy's shares. Their forecasts range from $24.00 to $33.00. On average, they anticipate Genesis Energy's share price to reach $27.75 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View Analyst Price Targets for Genesis Energy.
What is the consensus analysts' recommendation for Genesis Energy?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Genesis Energy.
What are Wall Street analysts saying about Genesis Energy stock?
Here are some recent quotes from research analysts about Genesis Energy 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. " (10/16/2018)
- 2. Raymond James analysts commented, "We are reducing our estimates following today’s disappointing preliminary result and guide for the second half. Despite the implied continuation of slower than expected project ramps in the second half, we continue to believe DY is poised to capitalize on the long term telecommunications investment cycle and accept an acceleration of growth to come next year. We believe that this is reflected in the continued backlog strength in the quarter and note that customer spending plans remain robust to support new technologies including 5G and FirstNet in what we believe will be a decade-long investment cycle. Despite some frustration, we see no point in downgrading the stock here considering backlog strength (highest in more than two years) and the timing- related numbers cut. We maintain our BUY rating and reduce our price target to $90." (8/13/2018)
Has Genesis Energy been receiving favorable news coverage?
News coverage about GEL stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Genesis Energy earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Genesis Energy's key competitors?
Who are Genesis Energy's key executives?
Genesis Energy's management team includes the folowing people:
- Mr. Grant E. Sims, Chairman & CEO of Genesis Energy LLC (Age 62)
- Mr. Robert V. Deere, Chief Financial Officer of Genesis Energy LLC (Age 63)
- Mr. Richard R. Alexander, VP of Genesis Energy LLC (Age 42)
- Mr. Chad A. Landry, VP of Genesis Energy LLC (Age 54)
- Ms. Kristen O. Jesulaitis, Exec. Officer & Gen. Counsel of Genesis Energy LLC (Age 48)
Who are Genesis Energy's major shareholders?
Genesis Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (13.57%), Chickasaw Capital Management LLC (10.60%), Alps Advisors Inc. (7.88%), JPMorgan Chase & Co. (2.38%), Advisory Research Inc. (1.96%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.95%). Company insiders that own Genesis Energy stock include Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Kenneth M Jastrow II, Richard R Alexander, Robert V Deere, Ryan S Sims and Sharilyn S Gasaway. View Institutional Ownership Trends for Genesis Energy.
Which major investors are selling Genesis Energy stock?
GEL stock was sold by a variety of institutional investors in the last quarter, including RR Advisors LLC, Duff & Phelps Investment Management Co., Chickasaw Capital Management LLC, OppenheimerFunds Inc., Sanders Morris Harris LLC, Glenmede Trust Co. NA, Credit Suisse AG and Cypress Wealth Advisors LLC. View Insider Buying and Selling for Genesis Energy.
Which major investors are buying Genesis Energy stock?
GEL stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Virtus ETF Advisers LLC, Alps Advisors Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Wells Fargo & Company MN, Virtus Alternative Investment Advisers Inc., Fort Washington Investment Advisors Inc. OH and MetLife Investment Advisors LLC. Company insiders that have bought Genesis Energy stock in the last two years include Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Kenneth M Jastrow II, Richard R Alexander, Robert V Deere, Ryan S Sims and Sharilyn S Gasaway. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Genesis Energy's stock price today?
One share of GEL stock can currently be purchased for approximately $22.97.
How big of a company is Genesis Energy?
Genesis Energy has a market capitalization of $2.78 billion and generates $2.03 billion in revenue each year. The pipeline company earns $82.64 million in net income (profit) each year or $1.06 on an earnings per share basis. Genesis Energy employs 2,100 workers across the globe.
What is Genesis Energy's official website?
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]
MarketBeat Community Rating for Genesis Energy (NYSE GEL)
MarketBeat's community ratings are surveys of what our community members think about Genesis Energy and other stocks. Vote "Outperform" if you believe GEL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GEL will underperform the S&P 500 over the long term. You may vote once every thirty days.
