Headquartered in Houston, TX Fiscal year ends December NYSE: GEL genesisenergy.com
Genesis Energy, L.P. is a diversified midstream energy master limited partnership operating across three business segments: Offshore Pipeline Transportation, Marine Transportation, and Onshore Transportation and Services. The partnership's Offshore Pipeline Transportation segment owns and operates crude oil and natural gas pipeline systems in the Gulf of America, including ownership interests in the CHOPS (64%), Poseidon (64%), Odyssey (29%), SYNC (100%), SEKCO (100%), and GOPL pipeline systems, which transport production from deepwater fields to onshore refinery centers in South Louisiana and the upper Texas coast. The Marine Transportation segment operates a fleet of inland and offshore barges and the M/T American Phoenix vessel, transporting petroleum products and crude oil. The Onshore Transportation and Services segment includes crude oil pipeline systems in Texas, Louisiana, Mississippi, and Jay (Florida), crude oil marketing operations, terminal facilities at the Port of Baton Rouge, rail unloading operations, and a legacy sulfur services business producing and distributing NaHS and caustic soda to industrial customers including pulp and paper manufacturers. Genesis is structured as a master limited partnership listed on the NYSE under the ticker GEL, with Class A Convertible Preferred Units outstanding alongside common units. Updated
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Genesis Energy, L.P. is a diversified midstream energy master limited partnership operating across three business segments: Offshore Pipeline Transportation, Marine Transportation, and Onshore Transportation and Services.
The Wall Street consensus 12-month price target for GEL is $18.33.
