News coverage about Genesis Energy (NYSE:GEL) has been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Genesis Energy earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the pipeline company an impact score of 46.3375223688621 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Genesis Energy (GEL) traded down $0.80 on Friday, hitting $22.51. The stock had a trading volume of 1,584,849 shares, compared to its average volume of 827,253. Genesis Energy has a fifty-two week low of $20.43 and a fifty-two week high of $37.88. The stock has a market cap of $2,760.00, a P/E ratio of 24.47 and a beta of 1.15. The company has a current ratio of 1.62, a quick ratio of 1.35 and a debt-to-equity ratio of 1.80.

Several equities research analysts have weighed in on GEL shares. Robert W. Baird set a $29.00 price target on Genesis Energy and gave the stock a “buy” rating in a report on Friday, November 17th. UBS dropped their price objective on Genesis Energy from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, October 17th. Janney Montgomery Scott set a $30.00 price objective on Genesis Energy and gave the company a “buy” rating in a report on Friday, October 13th. Zacks Investment Research upgraded Genesis Energy from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Thursday, November 9th. Finally, Barclays dropped their price objective on Genesis Energy from $27.00 to $26.00 and set an “equal weight” rating on the stock in a report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Genesis Energy currently has a consensus rating of “Hold” and a consensus price target of $33.45.

In other Genesis Energy news, VP Ryan S. Sims acquired 4,300 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of $23.25 per share, for a total transaction of $99,975.00. Following the acquisition, the vice president now owns 4,300 shares in the company, valued at approximately $99,975. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Richard R. Alexander purchased 5,500 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average price of $22.66 per share, for a total transaction of $124,630.00. The disclosure for this purchase can be found here. In the last quarter, insiders bought 242,775 shares of company stock worth $5,325,113. Company insiders own 0.72% of the company’s stock.

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About Genesis Energy

Genesis Energy L.P. is a limited partnership focused on the midstream segment of the oil and gas industry. The Company operates through four segments: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. The Offshore Pipeline Transportation segment is engaged in the offshore transportation of crude oil and natural gas in the Gulf of Mexico.

Insider Buying and Selling by Quarter for Genesis Energy (NYSE:GEL)

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