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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
NYSE:GEL

Genesis Energy (GEL) Stock Price, News & Analysis

$11.00
+0.11 (+1.01%)
(As of 03/27/2024 ET)
Today's Range
$10.80
$11.01
50-Day Range
$10.26
$12.02
52-Week Range
$8.05
$12.78
Volume
218,067 shs
Average Volume
366,485 shs
Market Capitalization
$1.35 billion
P/E Ratio
50.00
Dividend Yield
5.45%
Price Target
$15.00

Genesis Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.4% Upside
$15.00 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.25mentions of Genesis Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$17,325 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Oils/Energy Sector

86th out of 241 stocks

Pipelines, Except Natural Gas Industry

1st out of 10 stocks

GEL stock logo

About Genesis Energy Stock (NYSE:GEL)

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 produce, market, and sell 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 with a combined transportation capacity of 3.2 million barrels; 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 with 4.2 million barrels of storage capacity 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.

GEL Stock Price History

GEL Stock News Headlines

2023 K-1 Tax Packages for Genesis Energy, L.P.
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Genesis Energy, L.P. Files Form 10-K
GEL Dec 2024 7.500 put
Genesis Energy Turns To Q4 Loss
Genesis Energy, L.P. Reports Fourth Quarter 2023 Results
Genesis Energy, L.P. Reports Fourth Quarter 2023 Results
Seamus Power odds to win the 2024 The Genesis Invitational
Genesis Energy L.P.
Genesis Energy, L.P. Releases 2022 Sustainability Report
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
1/30/2024
Dividend Payable
2/14/2024
Last Earnings
2/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Employees
2,137
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$15.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+36.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$117.72 million
Pretax Margin
4.61%

Debt

Sales & Book Value

Annual Sales
$3.18 billion
Cash Flow
$3.44 per share
Book Value
$7.33 per share

Miscellaneous

Free Float
121,582,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
2.06
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Key Executives

  • Mr. Grant E. Sims (Age 68)
    Chairman & CEO of Genesis Energy LLC
    Comp: $3.21M
  • Mr. Ryan S. Sims (Age 40)
    President & Chief Commercial Officer - Genesis Energy LLC
    Comp: $1.12M
  • Ms. Kristen O. Jesulaitis (Age 54)
    Chief Financial Officer & Chief Legal Officer of Genesis Energy LLC
    Comp: $1.18M
  • Mr. Robert V. Deere (Age 69)
    Chief Administrative Officer of Genesis Energy LLC
    Comp: $972.15k
  • Mr. Edward T. Flynn (Age 66)
    Executive VP of Genesis Energy LLC & President of Genesis Alkali
    Comp: $2.25M
  • Mr. Garland G. Gaspard (Age 69)
    Senior Vice President of Operations & Engineering - Genesis Energy LLC
    Comp: $885.06k
  • Mr. Louie V. Nicol
    Senior VP & Chief Accounting Officer of Genesis Energy LLC
  • Mr. Dwayne R. Morley (Age 42)
    Vice President of Business Development & Investor Relations - Genesis Energy LLC
  • Ms. Ashley R. Holbrook
    Vice President of Human Resources of Genesis Energy LLC
  • Mr. William W. Rainsberger (Age 39)
    Senior Vice President of Offshore - Genesis Energy LLC

GEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Genesis Energy stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GEL shares.
View GEL analyst ratings
or view top-rated stocks.

What is Genesis Energy's stock price target for 2024?

1 Wall Street analysts have issued 12 month price targets for Genesis Energy's shares. Their GEL share price targets range from $15.00 to $15.00. On average, they predict the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 36.4% from the stock's current price.
View analysts price targets for GEL
or view top-rated stocks among Wall Street analysts.

How have GEL shares performed in 2024?

Genesis Energy's stock was trading at $11.58 at the start of the year. Since then, GEL stock has decreased by 5.0% and is now trading at $11.00.
View the best growth stocks for 2024 here
.

Are investors shorting Genesis Energy?

Genesis Energy saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 1,860,000 shares, a decline of 16.6% from the January 31st total of 2,230,000 shares. Based on an average trading volume of 433,600 shares, the short-interest ratio is currently 4.3 days. Currently, 1.8% of the shares of the stock are sold short.
View Genesis Energy's Short Interest
.

When is Genesis Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our GEL earnings forecast
.

How were Genesis Energy's earnings last quarter?

Genesis Energy, L.P. (NYSE:GEL) announced its earnings results on Thursday, February, 15th. The pipeline company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.31. The pipeline company earned $774.10 million during the quarter. Genesis Energy had a net margin of 3.71% and a trailing twelve-month return on equity of 13.34%. The business's quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 earnings per share.

How often does Genesis Energy pay dividends? What is the dividend yield for Genesis Energy?

Genesis Energy announced a quarterly dividend on Wednesday, January 10th. Investors of record on Wednesday, January 31st will be paid a dividend of $0.15 per share on Wednesday, February 14th. This represents a $0.60 annualized dividend and a dividend yield of 5.45%. The ex-dividend date is Tuesday, January 30th.
Read our dividend analysis for GEL
.

Is Genesis Energy a good dividend stock?

Genesis Energy (NYSE:GEL) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.51%. GEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 272.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GEL.

What is Grant E. Sims' approval rating as Genesis Energy's CEO?

28 employees have rated Genesis Energy Chief Executive Officer Grant E. Sims on Glassdoor.com. Grant E. Sims has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Genesis Energy own?
Who are Genesis Energy's major shareholders?

Genesis Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (4.29%), Westwood Holdings Group Inc. (3.42%), Chickasaw Capital Management LLC (3.15%), Goldman Sachs Group Inc. (1.74%), Goldman Sachs Group Inc. (1.74%) and UBS Group AG (1.16%). Insiders that own company stock include Edward T Flynn, Edward T Flynn, Garland G Gaspard, Grant E Sims, James E Davison, Jeffrey J Rasmussen and Ryan S Sims.
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.

This page (NYSE:GEL) was last updated on 3/28/2024 by MarketBeat.com Staff

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