Genesis Energy (GEL) Stock Price, News & Analysis

Company Overview

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. This segment also owns interests in offshore crude oil and natural gas pipeline systems, platforms, and related infrastructure. The Soda and Sulfur Services segment produces, markets, and sells soda ash; and provides sulfur removal services. This segment also owns and operates soda ash production facilities, underground trona ore mines and brine solution mining operations and related equipment, and logistics and other assets; and sells sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals. The Marine Transportation segment offers waterborne transportation of petroleum and crude oil in North America. This segment owns a fleet of 91 barges and 42 push/tow boats. The Onshore Facilities and Transportation segment offers onshore facilities and transportation services to crude oil refineries and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products; and operates trucks, trailers, railcars, and terminals and tankage in various locations along the Gulf Coast. This segment also transports crude oil, as well as owns four onshore crude oil pipeline systems and four operational crude oil rail unloading facilities. The company was incorporated in 1996 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $11.71 to $12.00
• 50-Day Range: $10.79 to $13.64
• 52-Week Range: $10.01 to $15.17
• Volume: 35,869 shs
• Average Volume: 381,518 shs
• Market Capitalization: $1.44 billion
• P/E Ratio: N/A
• Dividend Yield: 5.62%
• Price Target: $16.00
• Consensus Rating: Buy

Genesis Energy Stock Analysis - MarketRank™

Genesis Energy scored higher than 76% of companies evaluated by MarketBeat, and ranked 92nd out of 268 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Genesis Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Genesis Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Genesis Energy is -15.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genesis Energy is -15.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Genesis Energy has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.25% of the float of Genesis Energy has been sold short.

Short Interest Ratio / Days to Cover

Genesis Energy has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Genesis Energy has recently decreased by 13.84%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Genesis Energy is a leading dividend payer. It pays a dividend yield of 5.51%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Genesis Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.25% of the float of Genesis Energy has been sold short.

Short Interest Ratio / Days to Cover

Genesis Energy has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Genesis Energy has recently decreased by 13.84%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.66

News Sentiment

Genesis Energy has a news sentiment score of 1.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Genesis Energy this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Genesis Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $11,250.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.72% of the stock of Genesis Energy is held by insiders.

Percentage Held by Institutions

66.82% of the stock of Genesis Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GEL Stock Analysis - Frequently Asked Questions

How have GEL shares performed this year?

Genesis Energy's stock was trading at $11.58 at the beginning of 2024. Since then, GEL stock has increased by 1.4% and is now trading at $11.74.
View the best growth stocks for 2024 here.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) released its quarterly earnings data on Thursday, October, 31st. The pipeline company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.22. The pipeline company earned $714.30 million during the quarter. Genesis Energy had a negative net margin of 0.09% and a negative trailing twelve-month return on equity of 0.31%.

Who are Genesis Energy's major shareholders?

Top institutional shareholders of Genesis Energy include Chickasaw Capital Management LLC (3.12%), Creative Planning (2.54%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.93%) and Infrastructure Capital Advisors LLC (0.64%). Insiders that own company stock include James E Davison, Edward T Flynn, Jeffrey J Rasmussen, Ryan S Sims and Garland G Gaspard.
View institutional ownership trends.

How do I buy shares of Genesis Energy?

Shares of GEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Genesis Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genesis Energy investors own include Medtronic (MDT), Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM) and Chevron (CVX).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/14 Dividend: 10/31/2024
• Dividend Payable: 11/14/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Pipelines, except natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:GEL
• CUSIP: N/A
• CIK: 1022321
• Web: www.genesisenergy.com
• Phone: (713) 860-2500
• Fax: 713-860-2640
• Employees: 2,137
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.00
• High Stock Price Target: $16.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +36.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $117.72 million
• Net Margins: -0.09%
• Pretax Margin: 0.90%
• Return on Equity: -0.31%
• Return on Assets: -0.04%

Debt

• Debt-to-Equity Ratio: 5.13
• Current Ratio: 1.03
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $3.18 billion
• Price / Sales: 0.45
• Cash Flow: $3.29 per share
• Price / Cash Flow: 3.57
• Book Value: $7.33 per share
• Price / Book: 1.60

Miscellaneous

• Outstanding Shares: 122,460,000
• Free Float: 121,582,000
• Market Cap: $1.44 billion
• Optionable: Optionable
• Beta: 2.12