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GEL Price Correlated With Financials For Genesis Energy

Free historical financial statements for Genesis Energy LP. See how revenue, income, cash flow, and balance sheet financials have changed over 42 quarters since 2012. Compare with GEL stock chart to see long term trends.

GEL Stock Compared to Quarterly

GEL Income Statement

Revenue, Net:721725000
Revenue Per Share:5.8878
Selling, General & Admin Expense:20665000
Total Operating Expenses:625140000
Operating Income:96585000
Income Taxes:571000
Net Income:69515000
Earnings Per Share, Basic:0.14
Shares Outstanding, Basic Avg:122579000

GEL Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:73673000
Change in Accounts Receiveable:-82982000
Net Cash from Operations:104042000
Net Cash from Operations Per Share:0.8488
Net Cash from Financing Activities:-31678000
Property, Plant & Equipment Purchases:101242000
Net Cash from Investing Activities:-58400000
Net Change in Cash & Equivalents:13964000

GEL Balance Sheet

Cash and Cash Equivalents:28516000
Accounts Receivable, Net:453502000
Inventories:91834000
Total Current Assets:605091000
Property, Plant & Equipment, Net:3937675000
Total Assets:5971460000
Accounts Payable:256086000
Total Short-Term Liabilities:509455000
Total Liabilities:4290804000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Davison James E   Director
30,000 sh at $10
$291,300
Buy
Davison James E   Director
10,000 sh at $9
$94,762
Buy
Davison James E   Director
10,000 sh at $10
$100,000
Buy
COMPANY PROFILE
Organization and Basis of Presentation and Consolidation Organization

We are a growth-oriented master limited partnership founded in Delaware in 1996 and focused on the midstream segment of the crude oil and natural gas industry as well as the production of natural soda ash. Our operations are primarily located in the Gulf Coast region of the United States, Wyoming and in the Gulf of Mexico. We provide an integrated suite of services to refiners, crude oil and natural gas producers and industrial and commercial enterprises and have a diverse portfolio of assets, including pipelines, offshore hub and junction platforms, our trona and trona-based exploring, mining, processing, producing, marketing and selling business based in Wyoming (our “Alkali Business”), refinery-related plants, storage tanks and terminals, railcars, rail unloading facilities, barges and other vessels and trucks. We are owned 100% by our limited partners. Genesis Energy, LLC, our general partner, is a wholly-owned subsidiary. Our general partner has sole responsibility for conducting our business and managing our operations. We conduct our operations and own our operating assets through our subsidiaries and joint ventures.

We currently manage our businesses through the following four divisions that constitute our reportable segments:

• Offshore pipeline transportation, which includes processing of crude oil and natural gas in the Gulf of Mexico;

• Sodium minerals and sulfur services involving trona and trona-based exploring, mining, processing, marketing and selling activities, as well as soda ash production and processing of high sulfur (or “sour”) gas streams for refineries to remove the sulfur and selling the related by-product, sodium hydrosulfide (or “NaHS,” commonly pronounced “nash”);

• Onshore facilities and transportation, which include terminaling, blending, storing, marketing and transporting crude oil and petroleum products; and

• Marine transportation to provide waterborne transportation of petroleum products and crude oil throughout North America

Basis of Presentation and Consolidation

The accompanying Unaudited Condensed Consolidated Financial Statements include Genesis Energy, L.P. and its subsidiaries, including our general partner, Genesis Energy, LLC.

Our results of operations for the interim periods shown in this report are not necessarily indicative of results to be expected for the fiscal year. The Unaudited Condensed Consolidated Financial Statements included herein have been prepared by us without audit pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they reflect all adjustments (which consist solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial results for interim periods. Certain information and notes normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such rules and regulations. However, we believe that the disclosures are adequate to make the information presented not misleading when read in conjunction with the information contained in the periodic reports we file with the SEC pursuant to the Securities Exchange Act of 1934, including the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2021 (our “Annual Report”).

Except per unit amounts, or as noted within the context of each footnote disclosure, the dollar amounts presented in the tabular data within these footnote disclosures are stated in thousands of dollars.

Data imported from Genesis Energy LP SEC filings. Check original filings before making any investment decision.