Genesis Energy (NYSE:GEL - Get Free Report) announced its quarterly earnings results on Thursday. The pipeline company reported ($0.58) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.53), Zacks reports. The company had revenue of $725.55 million during the quarter. Genesis Energy had a negative return on equity of 0.31% and a negative net margin of 0.09%.
Genesis Energy Price Performance
Shares of NYSE:GEL traded up $0.03 on Monday, reaching $11.91. The company's stock had a trading volume of 566,488 shares, compared to its average volume of 710,753. The company has a 50-day simple moving average of $10.54 and a 200 day simple moving average of $11.97. Genesis Energy has a 52-week low of $9.86 and a 52-week high of $15.17. The company has a debt-to-equity ratio of 5.13, a quick ratio of 0.91 and a current ratio of 1.03. The company has a market cap of $1.46 billion, a P/E ratio of -16.09 and a beta of 2.13.
Genesis Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date was Friday, January 31st. Genesis Energy's payout ratio is -89.19%.
Analyst Ratings Changes
Separately, Capital One Financial upgraded Genesis Energy from an "equal weight" rating to an "overweight" rating in a research report on Friday, November 1st.
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Genesis Energy Company Profile
(
Get Free Report)
Genesis Energy, L.P. provides integrated suite of midstream services in crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation, Soda and Sulfur Services, Marine Transportation, and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as deep water pipeline servicing.
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