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Genesis Energy (GEL)
:GEL
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.25Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 9.05%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Genesis Energy's strategic exit from the soda ash business and promising developments in its offshore expansion projects. Despite some mechanical issues affecting production, the overall outlook remains positive, with expectations of increased cash flow and favorable market conditions in the Marine Transportation segment.Company Guidance
During the first quarter of 2025, Genesis Energy LP successfully exited its soda ash business, using the proceeds to enhance its balance sheet and reduce operational costs. The company is poised to generate excess cash flow and is optimistic about its future in the midstream energy sector. Key offshore projects, Shenandoah and Salamanca, near completion, with anticipated production of nearly 200,000 barrels of oil per day by the year's end. The Marine Transportation segment is set to achieve record earnings in 2025, supported by strong market conditions and a lack of new construction. The Onshore Transportation and Services segment saw steady volumes, and refineries performed as expected. Genesis plans to allocate excess cash flow to reduce debt, redeem high-cost units, and return capital to unitholders, aiming for a bank-calculated leverage ratio of approximately 4.0 times while maintaining financial flexibility.Successful Exit from Soda Ash Business
Genesis Energy successfully exited its soda ash business, using the net proceeds to simplify their balance sheet and significantly reduce future cash costs.
Offshore Expansion Projects Near Completion
The Shenandoah and Salamanca offshore projects are nearing completion, expected to significantly increase production capacity by almost 200,000 barrels of oil per day.
Promising Future for Offshore Pipeline Segment
The anticipated increase in segment margin contribution from two new offshore developments is expected to enhance Genesis's financial position significantly.
Jones Act Market Conditions Support Marine Transportation
Marine Transportation segment is on pace to post record earnings in 2025 due to favorable Jones Act market conditions, with little to no new construction and steady demand.
Positive Long-term Outlook with New Federal Policies
New permitting procedures by the Department of Interior could expedite future deepwater projects, enhancing long-term opportunities for Genesis Energy.
GEL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GEL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $14.36 | $13.95 | -2.86% |
Feb 13, 2025 | $10.29 | $11.74 | +14.09% |
Oct 31, 2024 | $12.39 | $11.01 | -11.14% |
Aug 01, 2024 | $13.40 | $12.94 | -3.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Genesis Energy (GEL) report earnings?
Genesis Energy (GEL) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Genesis Energy (GEL) earnings time?
Genesis Energy (GEL) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEL EPS forecast?
GEL EPS forecast for the fiscal quarter 2025 (Q2) is -0.04.