Genesis Energy, L.P. (GEL) Stock

About Genesis Energy, L.P.

Genesis Energy, L.P. is a key player in the midstream sector of the crude oil and natural gas industry. Its Offshore Pipeline Transportation segment is dedicated to the movement and handling of crude oil and natural gas via offshore pipelines. This includes providing deepwater pipeline maintenance services, particularly in the southern Keathley Canyon region of the Gulf of Mexico. The company holds interests in approximately 1,422 miles of crude oil pipelines located in the offshore Gulf of Mexico. The Sodium Minerals and Sulfur Services segment specializes in offering sulfur-extraction solutions to refining operations and manages associated storage and transportation assets. This division provides its expertise to ten refining operations and supplies sodium hydrosulfide and caustic soda to industrial and commercial entities, especially those involved in mining base metals. Through its Onshore Facilities and Transportation segment, Genesis Energy delivers a range of services to Gulf Coast crude oil refineries and producers. These services encompass the acquisition, transportation, storage, blending, and marketing of crude oil and refined products. The segment's infrastructure includes trucks, trailers, railcars, terminals, and tankage with a substantial 4.2 million barrels of storage capacity spread across various sites along the Gulf Coast. It also owns four onshore crude oil pipeline systems, collectively stretching about 450 miles across Alabama, Florida, Louisiana, Mississippi, and Texas. Additionally, this segment operates four crude oil rail unloading facilities, located in Baton Rouge and Raceland, Louisiana; Walnut Hill, Florida; and Natchez, Mississippi. The Marine Transportation segment handles the waterborne transport of petroleum and crude oil throughout North America. It commands a fleet of 91 barges, offering a combined transportation capacity of 3.2 million barrels, supported by 42 push/tow boats. Furthermore, Genesis Energy also produces natural soda ash. Genesis Energy, LLC serves as the company's general partner. The firm was established in 1996 and maintains its headquarters in Houston, Texas.

Genesis Energy, L.P. is headquartered in US.

Genesis Energy, L.P. (GEL) stock trades at $14.56 with a market capitalization of $1.78B. The stock is valued at a price-to-earnings (P/E) ratio of -80.58, price-to-book of 26.08, price-to-sales of 1.06. Over the past 52 weeks the stock has ranged between $13.75 and $18.64, and currently trades 21.9% below its 52-week high. It pays a dividend yielding 4.95%.

On profitability, Genesis Energy, L.P. generates a return on equity (ROE) of 16.91%, above the typical market average, return on capital employed of 7.68%, an operating margin of 18.82%, a net profit margin of 2.11%.

Official website: www.genesisenergy.com