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Last €29.80 EUR
Change Today 0.00 / 0.00%
Volume 0.0
GE3 On Other Exchanges
Symbol
Exchange
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As of 4:00 PM 12/16/14 All times are local (Market data is delayed by at least 15 minutes).

genesis energy l.p. (GE3) Snapshot

Open
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Previous Close
€29.80
Day High
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Day Low
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52 Week High
09/9/14 - €42.88
52 Week Low
12/11/14 - €28.60
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
95.0M
EX-Date
01/29/15
P/E TM
--
Dividend
€2.29
Dividend Yield
4.51%
Current Stock Chart for GENESIS ENERGY L.P. (GE3)

genesis energy l.p. (GE3) Related Businessweek News

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genesis energy l.p. (GE3) Details

Genesis Energy, L.P. operates in the midstream segment of the oil and gas industry in the Gulf Coast region of the United States. Its Onshore Pipeline Transportation segment transports crude oil and carbon dioxide (CO2). This segment owns 4 onshore crude oil pipeline systems with approximately 500 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, and Texas; and 2 CO2 pipelines with approximately 270 miles of pipe. The company’s Offshore Pipeline Transportation segment transports crude oil; and owns various offshore crude oil pipeline systems with approximately 1,200 miles of pipe located offshore in the Gulf of Mexico. Its Refinery Services segment processes high sulfur gas streams to remove sulfur for refineries. This segment provides services to 10 refining operations located primarily in Texas, Louisiana, Arkansas, Oklahoma, and Utah; and sells the by-product sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of copper, molybdenum, and other base metals, as well as in the production of pulp and paper. The company’s Marine Transportation segment offers waterborne transportation of petroleum products and crude oil in North America. This segment owns fleet of 71 barges with a combined transportation capacity of 2.6 million barrels; and 33 push/tow boats. Its Supply and Logistics segment provides services primarily to Gulf Coast oil and gas producers and refineries through a combination of purchasing, transporting, storing, blending, and marketing of crude oil and refined products, such as fuel oil, asphalt, and other heavy refined products. This segment operates a suite of approximately 300 trucks, 400 trailers, 562 rail cars, and terminals and tankage with 2.9 million barrels of storage capacity in various locations along the Gulf Coast. Genesis Energy, LLC serves as a general partner of the company. Genesis Energy, L.P. was founded in 1996 and is based in Houston, Texas.

Founded in 1996

genesis energy l.p. (GE3) Top Compensated Officers

Chairman of Genesis Energy, LLC and Chief Exe...
Total Annual Compensation: $525.0K
Chief Financial Officer of Genesis Energy, LL...
Total Annual Compensation: $450.0K
Senior Vice President of Genesis Energy Llc
Total Annual Compensation: $709.6K
Vice President of Genesis Energy LLC
Total Annual Compensation: $595.2K
Vice President of Genesis Energy LLC
Total Annual Compensation: $442.3K
Compensation as of Fiscal Year 2014.

genesis energy l.p. (GE3) Key Developments

Genesis Energy LP Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Genesis Energy LP reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s revenues were $847,282,000 against $961,035,000 a year ago. Operating income was $30,624,000 against $23,300,000 a year ago. Income from continuing operations before income taxes was $26,677,000 against $17,057,000 a year ago. Net income was $26,166,000 or $0.28 per basic and diluted share against $17,886,000 or $0.20 per basic and diluted share a year ago. Income from continuing operations was $26,166 million or $0.28 per basic and diluted share against $16,722,000 or $0.19 per basic and diluted share a year ago. Adjusted EBITDA was $82,523,000 against $62,020,000 a year ago. Maintenance capital expenditures in the 2014 Quarter were $4.0 million. For the year, the company’s revenues were $3,846,164,000 against $4,134,830,000 a year ago. Operating income was $132,551,000 against $110,757,000 a year ago. Income from continuing operations before income taxes was $109,047,000 against $84,849,000 a year ago. Net income was $106,202,000 or $1.18 per basic and diluted share against $86,109,000 or $1.03 per basic and diluted share a year ago. Income from continuing operations was $106,202 million or $1.18 per basic and diluted share against $84,004,000 or $1.00 per basic and diluted share a year ago. LTM Adjusted EBITDA (as reported) was $300,903,000. Pro Forma EBITDA was $350,856,000.

Genesis Seeks Acquisitions

Grant Sims, Chief Executive Officer of Genesis Energy LP (NYSE:GEL), said, "Our business strategies, coupled with our complementary acquisitions and growth projects that will be ramping up throughout 2015, should position us well to continue to achieve our goals of delivering low double-digit growth in distributions, an increasing coverage ratio and an investment grade leverage ratio, all without ever losing our cultural focus on providing safe, responsible and reliable services".

Genesis Energy LP to Report Q4, 2014 Results on Feb 19, 2015

Genesis Energy LP announced that they will report Q4, 2014 results at 10:00 AM, Central Standard Time on Feb 19, 2015

 

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Industry Analysis

GE3

Industry Average

Valuation GE3 Industry Range
Price/Earnings 38.9x
Price/Sales 1.1x
Price/Book 3.5x
Price/Cash Flow 22.1x
TEV/Sales 0.7x
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