RBC Capital reiterated coverage on Genesis Energy with a new price target
$GEL
Oil Refining/Marketing
Energy
RBC Capital reiterated coverage of Genesis Energy with a rating of Outperform and set a new price target of $15.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | Equal Weight → Overweight | CapitalOne | |
| 3/28/2023 | $15.00 | Equal Weight | CapitalOne |
| 12/16/2021 | $11.00 → $12.00 | Equal-Weight | Wells Fargo |
| 12/3/2021 | $12.00 | Buy | Citigroup |
| 11/23/2021 | $12.00 → $11.00 | Overweight → Equal Weight | CapitalOne |
| 11/11/2021 | $13.00 → $15.00 | Outperform | RBC Capital |
| 10/14/2021 | $10.00 → $12.00 | Overweight → Equal-Weight | Barclays |
| 8/6/2021 | $12.00 → $10.00 | Overweight | Barclays |
Genesis Energy, L.P. (NYSE:GEL) today announced its third quarter results. We generated the following financial results for the third quarter of 2024: Net Loss Attributable to Genesis Energy, L.P. of $17.2 million for the third quarter of 2024 compared to Net Income Attributable to Genesis Energy, L.P. of $58.1 million for the same period in 2023. Cash Flows from Operating Activities of $87.3 million for the third quarter of 2024 compared to $141.0 million for the same period in 2023. We declared cash distributions on our preferred units of $0.9473 for each preferred unit, which equates to a cash distribution of approximately $21.9 million and is reflected as a reduction to Available
Genesis Energy, L.P. (NYSE:GEL) announced today that the Board of Directors of its general partner declared a quarterly cash distribution to be paid to Genesis common unit holders and Class A Convertible Preferred unit holders with respect to the quarter ended September 30, 2024. Each holder of common units will be paid a quarterly cash distribution of $0.165, or $0.66 on an annualized basis, for each common unit held of record. Each holder of preferred units will be paid a quarterly cash distribution of $0.9473, or $3.7890 on an annualized basis, for each preferred unit held of record. These quarterly distributions will be paid on Thursday, November 14, 2024 to holders of record at the clo
Genesis Energy, L.P. (NYSE:GEL) announced today that it will host investor meetings at Citi's 2024 One-on-One Midstream / New Energy Infrastructure Conference in Las Vegas, NV on August 13-14, 2024. The Partnership's latest presentation materials are available and may be downloaded by visiting the Partnership's website at www.genesisenergy.com under "Presentations" under the Investors tab. Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis' operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. Genesis' operations are
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on January 13, 2021, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended December 31, 2020. These distributions will be paid on February 12, 2021 to holders of record at the close of business on January 29, 2021. Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis will pay a cash distribution of $0.7374 ($2.9496 on an annualized basis) for eac
4 - GENESIS ENERGY LP (0001022321) (Issuer)
4 - GENESIS ENERGY LP (0001022321) (Issuer)
CapitalOne upgraded Genesis Energy, L.P. from Equal Weight to Overweight
CapitalOne resumed coverage of Genesis Energy, L.P. with a rating of Equal Weight and set a new price target of $15.00
Wells Fargo reiterated coverage of Genesis Energy with a rating of Equal-Weight and set a new price target of $12.00 from $11.00 previously
Genesis Energy, L.P. (NYSE:GEL) today announced its third quarter results. We generated the following financial results for the third quarter of 2024: Net Loss Attributable to Genesis Energy, L.P. of $17.2 million for the third quarter of 2024 compared to Net Income Attributable to Genesis Energy, L.P. of $58.1 million for the same period in 2023. Cash Flows from Operating Activities of $87.3 million for the third quarter of 2024 compared to $141.0 million for the same period in 2023. We declared cash distributions on our preferred units of $0.9473 for each preferred unit, which equates to a cash distribution of approximately $21.9 million and is reflected as a reduction to Available
Genesis Energy, L.P. (NYSE:GEL) announced today that the Board of Directors of its general partner declared a quarterly cash distribution to be paid to Genesis common unit holders and Class A Convertible Preferred unit holders with respect to the quarter ended September 30, 2024. Each holder of common units will be paid a quarterly cash distribution of $0.165, or $0.66 on an annualized basis, for each common unit held of record. Each holder of preferred units will be paid a quarterly cash distribution of $0.9473, or $3.7890 on an annualized basis, for each preferred unit held of record. These quarterly distributions will be paid on Thursday, November 14, 2024 to holders of record at the clo
Genesis Energy, L.P. (NYSE:GEL) today announced its second quarter results. We generated the following financial results for the second quarter of 2024: Net Loss Attributable to Genesis Energy, L.P. of $8.7 million for the second quarter of 2024 compared to Net Income Attributable to Genesis Energy, L.P. of $49.3 million for the same period in 2023. Cash Flows from Operating Activities of $104.7 million for the second quarter of 2024 compared to $157.7 million for the same period in 2023. We declared cash distributions on our preferred units of $0.9473 for each preferred unit, which equates to a cash distribution of approximately $21.9 million and is reflected as a reduction to A
SC 13G/A - GENESIS ENERGY LP (0001022321) (Subject)
SC 13D/A - GENESIS ENERGY LP (0001022321) (Subject)
SC 13G/A - GENESIS ENERGY LP (0001022321) (Subject)
4 - GENESIS ENERGY LP (0001022321) (Issuer)
4 - GENESIS ENERGY LP (0001022321) (Issuer)
4 - GENESIS ENERGY LP (0001022321) (Issuer)
Genesis Energy, L.P. (NYSE:GEL) today announced that it has priced a public offering of $700,000,000 in aggregate principal amount of 7.875% senior unsecured notes due 2032 (the "notes"). The offering of the notes was upsized from the previously announced $500,000,000 in aggregate principal amount of the notes. The price to investors will be 100% of the principal amount of the notes. The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and will be guaranteed, with certain exceptions, by substantially all of our existing and future subsidiaries other than our unrestricted subsidiaries. We intend to use a portion of the net proceeds from the offering of the note
Genesis Energy, L.P. (NYSE:GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior unsecured notes due 2032 (the "notes"). The notes will be co-issued with our subsidiary, Genesis Energy Finance Corporation, and will be guaranteed, with certain exceptions, by substantially all of our existing and future subsidiaries other than our unrestricted subsidiaries. We intend to use a portion of the net proceeds from the offering of the notes to redeem all of our outstanding 6.250% senior unsecured notes due 2026 and the remainder for general partnership purposes, including rep
8-K - GENESIS ENERGY LP (0001022321) (Filer)
10-Q - GENESIS ENERGY LP (0001022321) (Filer)
8-K - GENESIS ENERGY LP (0001022321) (Filer)