NYSE:GELGenesis Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $7.53 +0.21 (+2.87 %) (As of 05/22/2020 04:00 PM ET) Add Compare Share Today's Range$7.13Now: $7.53▼$7.5950-Day Range$3.62MA: $5.38▼$7.3252-Week Range$2.58Now: $7.53▼$23.84Volume961,512 shsAverage Volume1.82 million shsMarket Capitalization$923.03 millionP/E Ratio31.38Dividend Yield7.97%Beta2.61 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 engages 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, 404 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 450 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, and Texas; 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 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. Genesis Energy, L.P. was founded in 1996 and is headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingGenesis Energy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Genesis Energy has a potential upside of 112.5% from its current price of $7.53.Amount of Analyst CoverageGenesis Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesGenesis Energy has received 452 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGenesis Energy has received 453 “underperform” votes. (Add your “underperform” vote.)Community SentimentGenesis Energy has received 50.06% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipGenesis Energy is a leading dividend payer. It pays a dividend yield of 7.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGenesis Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Genesis Energy is 166.67 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Genesis Energy will have a dividend payout ratio of 176.47 % in the coming year. This indicates that Genesis Energy may not be able to sustain their current dividend. Previous Next 4.0 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 $1,014,191.00 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 Institutions72.28% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Genesis Energy are expected to grow by 580.00% in the coming year, from $0.05 to $0.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Genesis Energy is 31.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Genesis Energy is 31.38, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.68.Price to Book Value per Share RatioGenesis Energy has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.76 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Petroleum bulk stations & terminals Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:GEL Previous Symbol CUSIPN/A CIK1022321 Webwww.genesisenergy.com Phone713-860-2500Debt Debt-to-Equity Ratio2.51 Current Ratio1.53 Quick Ratio1.31Price-To-Earnings Trailing P/E Ratio31.38 Forward P/E Ratio150.60 P/E GrowthN/A Sales & Book Value Annual Sales$2.48 billion Price / Sales0.37 Cash Flow$3.57 per share Price / Cash Flow2.11 Book Value$11.19 per share Price / Book0.67Profitability EPS (Most Recent Fiscal Year)$0.36 Net Income$96 million Net Margins4.37% Return on Equity7.15% Return on Assets1.61%Miscellaneous Employees2,200 Outstanding Shares122,580,000Market Cap$923.03 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable GEL Rates by TradingView Receive GEL News and Ratings via Email Sign-up to receive the latest news and ratings for GEL and its competitors with MarketBeat's FREE daily newsletter. Genesis Energy (NYSE:GEL) Frequently Asked Questions How has Genesis Energy's stock 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 (WHO). Since then, GEL stock has increased by 30.3% and is now trading at $7.53. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Genesis Energy? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Genesis Energy. When is Genesis Energy's next earnings date? Genesis Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Genesis Energy. How were Genesis Energy's earnings last quarter? Genesis Energy, L.P. (NYSE:GEL) issued its quarterly earnings results on Wednesday, May, 6th. The pipeline company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The pipeline company earned $539.92 million during the quarter, compared to analyst estimates of $640.07 million. Genesis Energy had a net margin of 4.37% and a return on equity of 7.15%. The firm's revenue was down 12.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.02) 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 Tuesday, April 14th. Shareholders of record on Friday, May 1st will be given a dividend of $0.15 per share on Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date of this dividend is Thursday, April 30th. View Genesis Energy's dividend history. What price target have analysts set for GEL? 4 analysts have issued 12-month price objectives for Genesis Energy's stock. Their forecasts range from $6.00 to $27.00. On average, they anticipate Genesis Energy's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 112.5% from the stock's current price. View analysts' price targets for Genesis Energy. Has Genesis Energy been receiving favorable news coverage? Media headlines about GEL stock have been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Genesis Energy earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutGenesis Energy. Are investors shorting Genesis Energy? Genesis Energy saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,030,000 shares, an increase of 19.2% from the April 30th total of 4,220,000 shares. Based on an average trading volume of 2,380,000 shares, the short-interest ratio is currently 2.1 days. Currently, 4.8% of the company's stock are sold short. View Genesis Energy's Current Options Chain. Who are some of Genesis Energy's key competitors? Some companies that are related to Genesis Energy include Ormat Technologies (ORA), EQT (EQT), Murphy USA (MUSA), WPX Energy (WPX), Nextera Energy Partners (NEP), TechnipFMC (FTI), Ultrapar Participacoes (UGP), CHINA COAL ENER/ADR (CCOZY), Braskem (BRKMY), Sasol (SSL), Cimarex Energy (XEC), Sunoco (SUN), TC Pipelines (TCP), New Fortress Energy (NFE) and BEACH ENERGY LT/ADR (BCHEY). View all competitors. 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 LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), iShares US Preferred Stock ETF (PFF), NGL Energy Partners (NGL), EnLink Midstream (ENLC), Kinder Morgan (KMI), Magellan Midstream Partners (MMP), Amplify Energy (AMPY) and Amplify Energy (AMPY). 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 63)Mr. Robert V. Deere, Chief Financial Officer of Genesis Energy LLC (Age 64)Mr. Edward T. Flynn, Exec. VP of Genesis Energy LLC (Age 61)Mr. Richard R. Alexander, VP of Genesis Energy LLC (Age 43)Mr. Chad A. Landry, VP of Genesis Energy LLC (Age 55) 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 number of retail and institutional investors. Top institutional investors include Invesco Ltd. (15.59%), Alps Advisors Inc. (11.46%), Chickasaw Capital Management LLC (6.92%), Clearbridge Investments LLC (4.61%), JPMorgan Chase & Co. (3.79%) and RR Advisors LLC (2.96%). 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 and Ryan S Sims. 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 Clearbridge Investments LLC, Tortoise Capital Advisors L.L.C., UBS Group AG, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Chickasaw Capital Management LLC, BlackRock Inc., Infrastructure Capital Advisors LLC, and Creative Planning. View insider buying and selling activity for Genesis Energy. Which major 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, Invesco Ltd., Alps Advisors Inc., Harvest Fund Advisors LLC, RR Advisors LLC, Pinnacle Holdings LLC, and Vident Investment Advisory LLC. 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 $7.53. How big of a company is Genesis Energy? Genesis Energy has a market capitalization of $923.03 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 5/25/2020 by MarketBeat.com Staff
