NYSE:GEL Genesis Energy (GEL) Stock Forecast, Price & News $10.04 -0.75 (-6.95%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$10.02▼$11.1850-Day Range$8.26▼$10.9252-Week Range$8.05▼$12.15Volume5.15 million shsAverage Volume444,356 shsMarket Capitalization$1.23 billionP/E Ratio251.00Dividend Yield5.98%Price Target$13.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Genesis Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside29.5% Upside$13.00 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 4 Articles This WeekInsider TradingAcquiring Shares$143,750 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsOils/Energy Sector116th out of 231 stocksPipelines, Except Natural Gas Industry5th out of 10 stocks 3.3 Analyst's Opinion Consensus RatingGenesis Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Genesis Energy has a forecasted upside of 29.5% from its current price of $10.04.Amount of Analyst CoverageGenesis Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.98% of the float of Genesis Energy has been sold short.Short Interest Ratio / Days to CoverGenesis Energy has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Genesis Energy has recently increased by 6.19%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipGenesis Energy is a leading dividend payer. It pays a dividend yield of 5.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGenesis Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Genesis Energy is 1,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GEL. Previous Next 3.3 News and Social Media Coverage News SentimentGenesis Energy has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Genesis Energy this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for GEL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows5 people have added Genesis Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Genesis Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $143,750.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.72% of the stock of Genesis Energy is held by insiders.Percentage Held by Institutions65.76% of the stock of Genesis Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Genesis Energy is 251.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 117.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Genesis Energy is 251.00, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.54.Price to Book Value per Share RatioGenesis Energy has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Genesis Energy (NYSE:GEL) StockGenesis 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 1,396 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 eleven 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.Read More GEL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GEL Stock News HeadlinesSeptember 22, 2023 | finance.yahoo.comDecoding Genesis Energy LP (GEL)'s True Worth: Is It Really Priced Right?September 22, 2023 | finance.yahoo.comGenesis Energy LP (GEL): A Deep Dive into Its Performance PotentialSeptember 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 11, 2023 | seekingalpha.comGenesis Energy: LT Outlook Remains Strong Despite Lowered Guidance Following Q2 ResultsAugust 30, 2023 | msn.com2023 Genesis Electrified G80: Luxury Sedan With 282 Miles Of EPA RangeAugust 27, 2023 | finance.yahoo.comGenesis Energy (NZSE:GNE) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1035August 18, 2023 | incomeinvestors.comGenesis Energy Stock: Overlooked Ultra-High-Yielder Has 50% UpsideAugust 8, 2023 | msn.comGenesis Energy LP launches buyback program of unitsSeptember 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.August 8, 2023 | finance.yahoo.comGenesis Energy, L.P. Authorizes Common Unit Repurchase ProgramAugust 4, 2023 | finance.yahoo.comGenesis Energy, L.P. (NYSE:GEL) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | seekingalpha.comGenesis Energy, L.P. 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | finance.yahoo.comGenesis Energy, L.P. Reports Second Quarter 2023 ResultsJuly 21, 2023 | seekingalpha.comGenesis Energy: Strong Outlook Despite Slight Q1 Miss, Maintain Strong BuyJuly 8, 2023 | benzinga.comFederman & Sherwood Investigates Genesis Energy, L.P. for Data BreachJuly 1, 2023 | msn.comThe 2023 Genesis Electrified GV70 Is Fun and Fancy, but There’s 1 Issue That’s Not Very CoolJune 30, 2023 | finance.yahoo.comGenesis Energy L.P.’s 2022 Schedule K-3 Now AvailableJune 29, 2023 | thestreet.comGenesis Energy Stock Hits New 52-Week High (GEL)June 14, 2023 | finance.yahoo.comGEL - Genesis Energy, L.P.May 9, 2023 | finance.yahoo.comGenesis Energy, L.P. (NYSE:GEL) Q1 2023 Earnings Call TranscriptMay 6, 2023 | benzinga.comGenesis Energy Stock (NYSE:GEL), Guidance and ForecastMay 6, 2023 | seekingalpha.comGenesis Energy, L.P. (GEL) Q1 2023 Earnings Call TranscriptMay 5, 2023 | finance.yahoo.comQ1 2023 Genesis Energy LP Earnings CallMay 4, 2023 | seekingalpha.comGenesis Energy, L.P. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | finance.yahoo.comGenesis Energy, L.P. Reports First Quarter 2023 ResultsApril 21, 2023 | msn.comRBC Capital Maintains Genesis Energy L.P. - Unit (GEL) Outperform RecommendationApril 18, 2023 | finance.yahoo.comIs Genesis Energy Limited's (NZSE:GNE) Recent Stock Performance Influenced By Its Financials In Any Way?See More Headlines Receive GEL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Genesis Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address GEL Company Calendar Ex-Dividend for 8/14 Dividend7/28/2023Last Earnings8/03/2023Dividend Payable8/14/2023Today9/23/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:GEL CUSIPN/A CIK1022321 Webwww.genesisenergy.com Phone(713) 860-2500Fax713-860-2640Employees2,109Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.00 High Stock Price Forecast$13.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+29.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio251.00 Forward P/E RatioN/A P/E GrowthN/ANet Income$75.46 million Net Margins3.07% Pretax Margin3.88% Return on Equity10.73% Return on Assets1.44% Debt Debt-to-Equity Ratio4.06 Current Ratio1.13 Quick Ratio0.99 Sales & Book Value Annual Sales$2.79 billion Price / Sales0.44 Cash Flow$2.89 per share Price / Cash Flow3.47 Book Value$7.21 per share Price / Book1.39Miscellaneous Outstanding Shares122,580,000Free Float121,696,000Market Cap$1.23 billion OptionableOptionable Beta2.14 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Grant E. Sims (Age 67)Chairman & CEO of Genesis Energy LLC Comp: $2.93MMs. Kristen O. Jesulaitis (Age 53)Chief Financial Officer & Chief Legal Officer of Genesis Energy LLC Comp: $1.08MMr. Garland G. Gaspard (Age 68)Sr. VP of Operations & Engineering - Genesis Energy LLC Comp: $885.06kMr. Robert V. Deere (Age 68)Chief Admin. Officer of Genesis Energy LLC Comp: $1.05MMr. Edward T. Flynn (Age 65)Exec. VP of Genesis Energy LLC Comp: $1.63MMr. Ryan S. Sims (Age 39)Pres & Chief Commercial Officer - Genesis Energy LLC Mr. Louie V. NicolSr. VP & Chief Accounting Officer of Genesis Energy LLCMr. Dwayne R. Morley (Age 41)VP of Bus. Devel. & Investor Relations - Genesis Energy LLC Mr. William W. Rainsberger (Age 38)Sr. VP of Offshore - Genesis Energy LLC More ExecutivesKey CompetitorsDelek Logistics PartnersNYSE:DKLNuStar EnergyNYSE:NSHolly Energy PartnersNYSE:HEPPlains GPNYSE:PAGPKimbell Royalty PartnersNYSE:KRPView All CompetitorsInsiders & InstitutionsBarclays PLCBought 98,260 shares on 9/21/2023Ownership: 0.082%Principal Street Partners LLCSold 5,565 shares on 8/21/2023Ownership: 0.077%Castleark Management LLCSold 93,600 shares on 8/16/2023Ownership: 0.056%Citadel Advisors LLCSold 1,900 shares on 8/15/2023Ownership: 0.000%Stifel Financial CorpBought 2,003 shares on 8/15/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions GEL Stock - Frequently Asked Questions Should I buy or sell Genesis Energy stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GEL shares. View GEL analyst ratings or view top-rated stocks. What is Genesis Energy's stock price forecast for 2023? 2 Wall Street analysts have issued 1 year target prices for Genesis Energy's shares. Their GEL share price forecasts range from $13.00 to $13.00. On average, they predict the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 29.5% 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 2023? Genesis Energy's stock was trading at $10.21 at the beginning of 2023. Since then, GEL stock has decreased by 1.7% and is now trading at $10.04. View the best growth stocks for 2023 here. Are investors shorting Genesis Energy? Genesis Energy saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,060,000 shares, an increase of 6.2% from the August 15th total of 1,940,000 shares. Based on an average trading volume of 564,200 shares, the short-interest ratio is currently 3.7 days. Currently, 2.0% of the company's shares are sold short. View Genesis Energy's Short Interest. When is Genesis Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our GEL earnings forecast. How were Genesis Energy's earnings last quarter? Genesis Energy, L.P. (NYSE:GEL) posted its quarterly earnings data on Thursday, August, 3rd. The pipeline company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.05. The pipeline company had revenue of $804.70 million for the quarter. Genesis Energy had a trailing twelve-month return on equity of 10.73% and a net margin of 3.07%. The firm's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. How often does Genesis Energy pay dividends? What is the dividend yield for Genesis Energy? Genesis Energy announced a quarterly dividend on Wednesday, July 12th. Investors of record on Monday, July 31st will be given a dividend of $0.15 per share on Monday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date is Friday, July 28th. Read our dividend analysis for GEL. What ETFs hold Genesis Energy's stock? ETFs with the largest weight of Genesis Energy (NYSE:GEL) stock in their portfolio include Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), InfraCap MLP ETF (AMZA), VanEck Energy Income ETF (EINC), Pacer American Energy Independence ETF (USAI) and Tortoise North American Pipeline Fund (TPYP).Alerian Energy Infrastructure ETF (ENFR). 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 5.56%. GEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Energy investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), EnLink Midstream (ENLC), AT&T (T), New Residential Investment (NRZ), Golar LNG Partners (GMLP), Gran Tierra Energy (GTE), NGL Energy Partners (NGL), Organigram (OGI) and CNBX Pharmaceuticals (CNBX). 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 shareholders include Mirae Asset Global Investments Co. Ltd. (5.27%), JPMorgan Chase & Co. (4.24%), Westwood Holdings Group Inc. (3.08%), Chickasaw Capital Management LLC (2.90%), Clearbridge Investments LLC (2.66%) and Goldman Sachs Group Inc. (1.43%). Insiders that own company stock include Edward T Flynn, Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Jeffrey J Rasmussen, 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 $10.04. How much money does Genesis Energy make? Genesis Energy (NYSE:GEL) has a market capitalization of $1.23 billion and generates $2.79 billion in revenue each year. The pipeline company earns $75.46 million in net income (profit) each year or $0.04 on an earnings per share basis. How many employees does Genesis Energy have? The company employs 2,109 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 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Genesis Energy, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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