Genesis Energy, L.P. Common Units (GEL)

Frequently Asked Questions About Genesis Energy, L.P. Common Units (GEL)

How can investors keep track of Genesis Energy, L.P.'s performance?

Investors can keep track of Genesis Energy, L.P.'s performance through a variety of channels, including the company's official investor relations website, financial news outlets, and stock market reporting platforms. The company regularly publishes quarterly and annual financial results, press releases, and corporate updates to keep stakeholders informed about its performance and strategic direction.

How does Genesis Energy, L.P. contribute to local communities?

Genesis Energy, L.P. is committed to being a good corporate citizen and actively contributes to the local communities in which it operates. This includes participating in community development initiatives, supporting education programs, and engaging in charitable activities that promote health and well-being, demonstrating the company's commitment to social responsibility.

How does Genesis Energy, L.P. ensure environmental compliance?

Genesis Energy, L.P. is committed to operating in an environmentally responsible manner and adheres to all federal, state, and local regulations regarding environmental protection. The company implements various safety and compliance programs, regularly conducts audits, and engages in ongoing training to ensure that its operations minimize environmental impact.

How does Genesis Energy, L.P. manage its financial risks?

Genesis Energy, L.P. employs various risk management strategies to protect its financial stability, including hedging strategies to mitigate price fluctuations in commodity markets. The company also maintains a diversified portfolio of services and assets, which provides a buffer against volatility in any single area of operation, thereby enhancing overall financial resilience.

How does Genesis Energy, L.P. prioritize safety in its operations?

Safety is a top priority for Genesis Energy, L.P., and the company implements a comprehensive safety management system to minimize risks. This includes regular training programs for employees, adherence to safety protocols, and the use of advanced technologies for monitoring and maintaining equipment to ensure a safe working environment.

What are Genesis Energy, L.P.'s distribution policies?

Genesis Energy, L.P. has a transparent distribution policy that typically involves returning a portion of its earnings to unit holders in the form of cash distributions. The company's policy aims to provide stable and predictable distributions over time, reflecting its commitment to delivering value to investors while using remaining cash flow for operational and growth investments.

What are Genesis Energy, L.P.'s growth strategies?

Genesis Energy, L.P. focuses on growth strategies that include expanding its existing operational footprint, exploring acquisition opportunities, and investing in infrastructure projects that enhance its service offerings. By leveraging market opportunities and collaborating with industry partners, the company aims to increase its market share and drive long-term growth.

What are the future prospects for Genesis Energy, L.P.?

The future prospects for Genesis Energy, L.P. appear positive, given the ongoing demand for energy resources in a recovering economy and the company's strategic initiatives focused on growth. With investments in infrastructure, a diversified service portfolio, and operational efficiencies, Genesis is well-positioned to capitalize on emerging market trends and continue delivering stakeholder value.

What does Genesis Energy, L.P. do?

Genesis Energy, L.P. is a publicly traded master limited partnership (MLP) that provides integrated services in the energy sector. The company focuses on the transportation and storage of crude oil and natural gas, as well as the production and sale of sodium minerals and sulfur. Operating primarily in the Gulf of Mexico and along the Gulf Coast, Genesis Energy has built a robust infrastructure that facilitates effective energy supply chain management.

What geographic areas does Genesis Energy, L.P. operate in?

Genesis Energy, L.P. primarily operates in the Gulf of Mexico and along the Gulf Coast of the United States. This strategic geographic focus allows the company to efficiently manage the transportation and storage of crude oil and natural gas while capitalizing on the energy resources found in these prolific regions.

What is the competitive landscape for Genesis Energy, L.P.?

Genesis Energy, L.P. operates in a highly competitive landscape, facing competition from other midstream companies that offer similar services, as well as from companies involved in downstream refining and marketing. Competitive advantages for Genesis may include its strategic location, scale of operations, and the diversity of its service offerings, which can provide better solutions for customers.

What is the impact of oil prices on Genesis Energy, L.P.?

Fluctuations in oil prices can significantly impact Genesis Energy, L.P., as they influence demand for transportation and storage services. Lower oil prices may result in reduced production levels and, consequently, decreased volumes transported and stored by the company. Conversely, higher oil prices can lead to increased activity, benefiting Genesis's operations and revenue.

What is the significance of Genesis Energy, L.P.'s master limited partnership (MLP) structure?

The master limited partnership (MLP) structure allows Genesis Energy, L.P. to offer investors the potential for regular income through cash distributions while benefiting from the tax advantages associated with partnerships. This structure is particularly attractive to those interested in energy investments, as it combines the liquidity of publicly traded securities with the stable cash flow typically seen in partnership arrangements.

What is the significance of Genesis Energy, L.P.'s partnerships and collaborations?

Partnerships and collaborations are significant for Genesis Energy, L.P. as they enable the company to leverage complementary strengths and access new markets. Strategic alliances with other industry players can enhance operational efficiency, expand services, and create opportunities for growth, while diversifying partnerships can mitigate risks.

What role does Genesis Energy, L.P. play in the U.S. energy market?

Genesis Energy, L.P. plays a critical role in the U.S. energy market by providing essential services that facilitate the efficient movement and storage of energy resources. As a midstream company, Genesis connects producers and consumers, thereby enhancing supply chain efficiencies and helping to stabilize energy prices.

What types of services does Genesis Energy, L.P. provide?

Genesis Energy, L.P. offers a range of services, including the transportation of crude oil and natural gas through pipelines, storage in tank terminals, and various processing services for sodium and sulfur products. Additionally, the company engages in production activities that include the extraction and sale of sodium-related minerals.

When was Genesis Energy, L.P. founded?

Genesis Energy, L.P. was founded in 1996 and has since grown to become a significant player in the midstream energy market. The company began by focusing on the transportation of crude oil but has expanded its operations to include a variety of services and products related to the energy industry.

Who are the key executives at Genesis Energy, L.P.?

Genesis Energy, L.P. is led by a team of experienced executives, including CEO and Chairman Grant W. Sims. The management team possesses extensive knowledge of the energy sector and is responsible for driving the company's strategic initiatives, overseeing operations, and managing financial performance to ensure shareholder value.

Who are the primary customers of Genesis Energy, L.P.?

Genesis Energy, L.P. serves a diverse variety of customers in the energy sector, including oil and gas producers, refiners, and other midstream companies. By offering transportation and storage solutions, along with other services, Genesis provides critical support to companies involved in the extraction, refining, and distribution of energy resources.

What is the current price of Genesis Energy, L.P. Common Units?

The current price of Genesis Energy, L.P. Common Units is 13.03

When was Genesis Energy, L.P. Common Units last traded?

The last trade of Genesis Energy, L.P. Common Units was at 7:00 pm EDT on April 11th, 2025

What is the market capitalization of Genesis Energy, L.P. Common Units?

The market capitalization of Genesis Energy, L.P. Common Units is 1.16B

How many shares of Genesis Energy, L.P. Common Units are outstanding?

Genesis Energy, L.P. Common Units has 88.65M shares outstanding.