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Genesis Energy LP (GEL)
NYSE:GEL
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GEL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.01 - $15.17
Previous Close$13.19
Volume561.86K
Average Volume (3M)335.28K
Market Cap
$1.62B
Enterprise Value$5.55B
Total Cash (Recent Filing)$13.70M
Total Debt (Recent Filing)$3.55B
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Oct 31, 2024EPS Estimate
-$0.1Next Dividend Ex-Date
Oct 31, 2024Dividend Yield4.55%
Share Statistics
EPS (TTM)-0.12
Shares Outstanding122,464,318
10 Day Avg. Volume280,354
30 Day Avg. Volume335,280
Standard Deviation0.19
R-Squared0.33
Alpha-0.00843
Financial Highlights & Ratios
Price to Book (P/B)186.86
Price to Sales (P/S)0.52
Price to Cash Flow (P/CF)3.90
P/FCF Ratio0.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit14.04
Enterprise Value/Ebitda8.36
Forecast
1Y Price Target
$15.50Price Target Upside18.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Genesis Energy News
PremiumCompany Announcements
Genesis Energy Secures Flexible $900M Revolving Credit Facility
PremiumCompany Announcements
Genesis Energy Secures $700M in Senior Notes Offering
Bulls Say, Bears Say
Bulls Say
DividendsThe company plans to increase its quarterly dividend by 10%, signaling confidence in its financial stability and shareholder value.
Financial OutlookSecuring prices for a significant portion of anticipated production in 2025 highlights effective risk management and revenue predictability.
Market DynamicsExpectations of tightening supply and demand dynamics in the soda ash market indicate a potential recovery, suggesting improving market conditions.
Bears Say
EarningsAdjusted EBITDA of $148.9MM was below analyst estimates and consensus expectations.
Financial GuidanceGEL reduced its EBITDA guidance for 2024 significantly, indicating lower expected financial performance.
Operational ChallengesLower contributions from Offshore Pipeline Transportation and Soda and Sulfur Services due to producer operating issues and pricing and volume challenges.
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Ownership Overview
7.90% Insiders
19.46% Mutual Funds
4.41% Other Institutional Investors
45.61% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GEL FAQ
What was Genesis Energy LP’s price range in the past 12 months?
Genesis Energy LP lowest stock price was $10.01 and its highest was $15.17 in the past 12 months.
What is Genesis Energy LP’s market cap?
Currently, no data Available
When is Genesis Energy LP’s upcoming earnings report date?
Genesis Energy LP’s upcoming earnings report date is Oct 31, 2024 which is in 9 days.
How were Genesis Energy LP’s earnings last quarter?
Genesis Energy LP released its earnings results on Aug 01, 2024. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.03 by -$0.22.
Is Genesis Energy LP overvalued?
According to Wall Street analysts Genesis Energy LP’s price is currently Undervalued.
Does Genesis Energy LP pay dividends?
Genesis Energy LP pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 4.55%. See more information on Genesis Energy LP dividends here
What is Genesis Energy LP’s EPS estimate?
Genesis Energy LP’s EPS estimate is -$0.1.
How many shares outstanding does Genesis Energy LP have?
Genesis Energy LP has 122,424,324 shares outstanding.
What happened to Genesis Energy LP’s price movement after its last earnings report?
Genesis Energy LP reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.03. Following the earnings report the stock price went down -3.372%.
Which hedge fund is a major shareholder of Genesis Energy LP?
Among the largest hedge funds holding Genesis Energy LP’s share is Blackstone Inc.. It holds Genesis Energy LP’s shares valued at 8M.
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Genesis Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.50 (18.50% Upside)
$15.50 (18.50% Upside)
Blogger Sentiment
Bullish
GEL Sentiment 75%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 150.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $30.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.1%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.68%
12-Months-Change
Fundamentals
Return on Equity
5.47%
Trailing 12-Months
Asset Growth
4.23%
Trailing 12-Months
Company Description
Genesis Energy LP
Genesis Energy LP operates as a master limited partnership, which focuses on midstream segment of the oil and gas industry. It provides suite of midstream services and produces natural soda ash. The company operates through the following segments: Offshore Pipeline Transportation, Sodium Minerals & Sulfur Services, Onshore Facilities & Transportation and Marine Transportation. The Offshore Pipeline Transportation segment owns interests in crude oil and natural gas pipeline transportation and handling operations through its offshore pipeline transportation segment, which focuses on providing a suite of services to integrated and large independent energy companies who make intensive capital investments to develop numerous large-reservoir, long-lived crude oil and natural gas properties in the gulf of Mexico, primarily offshore Texas, Louisiana, Mississippi and Alabama. The Sodium Minerals & Sulfur Services segment owns the leasehold position of accessible trona ore reserves in the Green River trona patch, a geological formation holding the vast majority of the world's accessible trona ore reserves. The Onshore Facilities & Transportation segment owns and leases integrated suite of onshore crude oil and refined products infrastructure, including pipelines, trucks, terminals, railcars, and rail loading and unloading facilities. The Marine Transportation segment provides transportation services. Genesis Energy was founded in December 1996 and is headquartered in Houston, TX.
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GEL Company Deck
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GEL Earnings Call
Q2 2024
0:00 / 0:00
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GEL Stock 12 Month Forecast
Average Price Target
$15.50
▲(18.50% Upside)
Technical Analysis
Enterprise Products Partners
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Plains All American
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Best Analysts Covering GEL
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+15.67%
reiterated a buy rating 6 days ago
Copying Elvira Scotto's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +15.67% per trade.
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