Genesis Energy (NYSE:GEL) Issues Quarterly Earnings Results

Genesis Energy (NYSE:GEL) posted its quarterly earnings results on Thursday. The pipeline company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.22), Briefing.com reports. Genesis Energy had a negative return on equity of 10.04% and a negative net margin of 27.01%.During the same quarter last year, the firm posted ($4.06) EPS. The company’s revenue was up 12.1% compared to the same quarter last year.

Here are the key takeaways from Genesis Energy’s conference call:

• Company expects 2026 Adjusted EBITDA at or near the midpoint of its February guidance (≈+15%–20% vs. normalized 2025 baseline of ~$500–510M), despite a slight first-quarter shortfall.
• Near-term volumes from the Shenandoah FPU were revised lower, reducing expected 2026 segment margin by roughly $12M–$15M versus the company’s original guidance.
• Management highlights an improved long-term outlook at Shenandoah—operator analysis indicates larger oil‑in‑place and a strong aquifer supporting higher recovery, plus sanctioned wells, subsea pumps and multiple future tiebacks that will flow exclusively through Genesis infrastructure with no incremental capex from the company.
• First‑quarter balance‑sheet actions (new $750M notes at 6.75%, tender/redemption, upsized revolver, $135M preferred repurchases) are expected to lower annual financing costs by ~$12M now, with potential additional run‑rate savings up to roughly $80M as remaining high‑cost securities are refinanced or redeemed.
• Marine segment saw significant dry‑docking: blue‑water availability was down ~16% in Q1 (and similarly in Q2), creating a temporary headwind to vessel days and near‑term earnings even though utilization and Jones Act fundamentals remain solid.

Genesis Energy Stock Down 0.9%

NYSE GEL traded down $0.14 on Thursday, hitting $16.28. 433,385 shares of the stock were exchanged, compared to its average volume of 276,364. The company has a quick ratio of 0.90, a current ratio of 0.98 and a debt-to-equity ratio of 19.59. Genesis Energy has a fifty-two week low of $13.21 and a fifty-two week high of $18.64. The company has a market cap of $1.99 billion, a PE ratio of -3.89 and a beta of 0.69. The company has a 50-day moving average price of $17.58 and a 200-day moving average price of $16.67.

Genesis Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, April 30th. Genesis Energy’s payout ratio is -17.18%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Genesis Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GEL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Genesis Energy by 29.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,420,400 shares of the pipeline company’s stock valued at $107,285,000 after buying an additional 1,465,339 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Genesis Energy by 39.9% in the 4th quarter. Morgan Stanley now owns 4,054,770 shares of the pipeline company’s stock valued at $63,254,000 after buying an additional 1,156,884 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Genesis Energy by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,074,810 shares of the pipeline company’s stock valued at $63,934,000 after buying an additional 478,530 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Genesis Energy in the 2nd quarter valued at $3,069,000. Finally, Royal Bank of Canada boosted its holdings in shares of Genesis Energy by 220.6% in the 1st quarter. Royal Bank of Canada now owns 177,686 shares of the pipeline company’s stock valued at $2,788,000 after buying an additional 122,271 shares in the last quarter. Institutional investors and hedge funds own 66.82% of the company’s stock.

Genesis Energy Company Profile

Genesis Energy LP (NYSE: GEL) is a publicly traded master limited partnership headquartered in Houston, Texas, that owns and operates a diversified portfolio of energy infrastructure assets in the United States. The company’s primary focus is on the transportation, storage and delivery of refined petroleum products, serving major domestic markets across the Gulf Coast, Atlantic Seaboard and inland waterway systems.

Genesis Energy’s operations are organized into several key business segments.