Genesis Energy LpGEL
What Genesis Energy Lp does.
We are a growth-oriented master limited partnership (“MLP”) formed in Delaware in 1996 focused on the midstream segment of the crude oil and natural gas industry. Our common units are traded on the New York Stock Exchange (“NYSE”), under the ticker symbol “GEL.” We provide an integrated suite of services (including transportation, storage, sulfur removal, blending, terminaling and processing) to crude oil and natural gas producers, refiners, and industrial and commercial enterprises. Our operations are primarily located in the Gulf of America and in the Gulf Coast region of the United States. We have a diverse portfolio of assets, including pipelines, offshore hub and junction platforms, refinery-related plants, storage tanks, terminals, railcars, rail unloading facilities, barges and other vessels, and trucks. Prior to February 28, 2025, our business also included the trona and trona-based exploring, mining, processing, producing, marketing, logistics and selling business based in Wyoming (the “Alkali Business”).
In the first quarter of 2025, we sold the Alkali Business and, as a result, re-organized our operating segments to represent how our chief operating decision maker, who is our Chief Executive Officer (our “CODM”), evaluates the performance of operations, develops strategy and allocates resources, including capital. Our sulfur services business, formerly reported under our soda and sulfur services reporting segment along with our Alkali Business, is now reported under our onshore transportation and services reporting segment along with those businesses that were included within our previously reported onshore facilities and transportation segment. As a result of this change, we now manage our businesses through the following three divisions that constitute our reportable segments:
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $2.1B | $2.8B | $1.7B | $1.7B | $1.6B |
| Net income | -$416.7M | -$165.1M | $75.5M | $117.7M | -$63.9M | -$440.4M |
| Free cash flow | $152.6M | $36.6M | -$89.8M | -$98.9M | -$195.2M | $65.9M |
More on GEL.
- Genesis Energy Lp summary
- Genesis Energy Lp financial statements
- Genesis Energy Lp key metrics
- Genesis Energy Lp health scores and style box
- Genesis Energy Lp earnings
- Genesis Energy Lp dividends
- Genesis Energy Lp valuation
- Genesis Energy Lp ownership and insiders
- Genesis Energy Lp peers
Figures from Genesis Energy Lp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.