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DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
Laser breakthrough could send stock soaring 2,467% (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
NYSE:GEL

Genesis Energy (GEL) Stock Forecast, Price & News

$10.04
-0.75 (-6.95%)
(As of 09/22/2023 ET)
Compare
Today's Range
$10.02
$11.18
50-Day Range
$8.26
$10.92
52-Week Range
$8.05
$12.15
Volume
5.15 million shs
Average Volume
444,356 shs
Market Capitalization
$1.23 billion
P/E Ratio
251.00
Dividend Yield
5.98%
Price Target
$13.00

Genesis Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.5% Upside
$13.00 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Genesis Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$143,750 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.

2.34 out of 5 stars

Oils/Energy Sector

116th out of 231 stocks

Pipelines, Except Natural Gas Industry

5th out of 10 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 1,396 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.

GEL Price History

GEL Stock News Headlines

WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If 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.
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If 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.
GEL - Genesis Energy, L.P.
Q1 2023 Genesis Energy LP Earnings Call
See More Headlines
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GEL Company Calendar

Ex-Dividend for 8/14 Dividend
7/28/2023
Last Earnings
8/03/2023
Dividend Payable
8/14/2023
Today
9/23/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
2,109
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$75.46 million
Pretax Margin
3.88%

Debt

Sales & Book Value

Annual Sales
$2.79 billion
Cash Flow
$2.89 per share
Book Value
$7.21 per share

Miscellaneous

Free Float
121,696,000
Market Cap
$1.23 billion
Optionable
Optionable
Beta
2.14
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Key Executives

  • Mr. Grant E. Sims (Age 67)
    Chairman & CEO of Genesis Energy LLC
    Comp: $2.93M
  • Ms. Kristen O. Jesulaitis (Age 53)
    Chief Financial Officer & Chief Legal Officer of Genesis Energy LLC
    Comp: $1.08M
  • Mr. Garland G. Gaspard (Age 68)
    Sr. VP of Operations & Engineering - Genesis Energy LLC
    Comp: $885.06k
  • Mr. Robert V. Deere (Age 68)
    Chief Admin. Officer of Genesis Energy LLC
    Comp: $1.05M
  • Mr. Edward T. Flynn (Age 65)
    Exec. VP of Genesis Energy LLC
    Comp: $1.63M
  • Mr. Ryan S. Sims (Age 39)
    Pres & Chief Commercial Officer - Genesis Energy LLC
  • Mr. Louie V. Nicol
    Sr. VP & Chief Accounting Officer of Genesis Energy LLC
  • Mr. 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













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
.

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?
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

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