GEL · Genesis Energy LP
Market Cap
$1.73B
Shares
122.21M
Volume · Oct 2
173.99K
Avg daily vol (3M)
256.79K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$14.05
Open$13.67
Day$13.67–14.13
52W close$13.68–18.49
Avg vol 30d297K
Short int2.5M · 2.1% float · 7.9d
Short vol58%
Last earningsAug 6, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 5, 2026
Est · unconfirmed
· in 5 wks
filed Aug 6, 2026
call held Aug 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$1.83B
Trailing 12 months
Net income (TTM)
$78.73M
Trailing 12 months
Revenue growth YoY
+41.0%
Year over year
Operating margin
19.1%
Trailing 12 months
P / E (TTM)
73.9
Trailing earnings · reciprocal yield 1.4%
FCF yield
19.6%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$3.16B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
0.0%
Year over year · fewer shares
Price change (1Y)
-13.3%
Trailing year
Short interest
2.1%
Latest settlement · 7.9 days to cover
AI Brief
Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26
TL;DR. Genesis reported Q2 2026 results broadly in line with expectations, with $42.9 million in net income, raised its common unit distribution 11% to $0.20, and continued balance sheet progress (retiring ~$218 million of high-cost preferred in H1), while guiding full-year Adjusted EBITDA to the lower end of its prior range and seeing a 14% decline in marine segment margin due to dry-dockings.
Bullish
- + Common unit distribution raised 11% quarter-over-quarter to $0.20 per unit, a 21% increase year-over-year.
- + Q2 2026 net income attributable to Genesis of $42.9 million versus a $0.4 million loss in Q2 2025.
- + Retired approximately $218 million (~40%) of the 11.24% Series A preferred in H1 2026, reducing the remaining face to ~$311 million and lowering annual run-rate cost of capital by ~$25 million.
- + Onshore transportation and services segment margin grew 53% to $28.2 million on higher Texas/Louisiana pipeline volumes and higher NaHS pricing.
Bearish
- − Guided full-year 2026 Adjusted EBITDA to the lower end of the prior range due to softer offshore production versus producer expectations.
- − Marine transportation segment margin fell 14% to $25.6 million due to elevated dry-docking days, including both largest offshore-mated barges.
- − Interest expense, net rose ~$6.2 million year-over-year to $66.95 million.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Moderate
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−13%
below
Price vs 50-day avg
−9%
below
RSI (14)
35
neutral
MACD trend
Negative
52-week position
8%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−13%
trailing
6-month return
−20%
trailing
YTD return
−10%
this year
Relative strength
−32%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $15 › 200d $16 — 200d above 50d
Institutional flow
Distributing
-4% holders QoQ · +10 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.07% of float · ▼ -5.9% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
118 holders — mid 3-yr range
Squeeze score
46
elevated · 0–100
Fundamentals
Revenue growth
+44%
Y/Y
EPS growth
−238%
Y/Y
Balance sheet
$3.0B
net debt
Quant / Vol
risk profile
Volatility
28%
annualized · 1-yr
Max drawdown
−26%
past year
ATR
3.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed May 2, 2024
Cash flow after current cash obligations
· starting later this year and accelerating as we move through nex
$250M – $350M
Prior guidance
period ended
· from the Earnings Call filed Dec 31, 2025
Adjusted EBITDA
· normalized 2025
$500M – $510M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−13%
Bearish
Price vs 50-day avg
−9%
Bearish
RSI (14)
35
Neutral
MACD trend
Negative
Bearish
52-week position
8%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $15 › 200d $16 — 200d above 50d
Institutional flow
Distributing
-4% holders QoQ · +10 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
2.07% of float · ▼ -5.9% MoM · 7.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
118 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $14
Now $14 · 8%
Range high $18
vs 200-day avg -13%
vs 50-day avg -9%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Consolidated EBITDA non-GAAP | $610.1M | the trailing twelve months ended June 30, 2026 | — |
| Adjusted Debt non-GAAP | 3.05B | June 30 | — |
| Adjusted EBITDA non-GAAP | 312.4M | Six Months Ended June 30 | — |
| Available Cash before Reserves non-GAAP | $78.32M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted EBITDA 171.53M
-15.45M Maintenance capital utilized
-66.95M Interest expense, net
-300K Cash tax expense
-10.51M Distributions to preferred unitholders
= Available Cash before Reserves 78.32M
|
|||
| Available Cash before Reserves to common unitholders non-GAAP | $78.3M | the second quarter of 2026 | — |
| Crude oil pipelines (average Bbls/day): CHOPS | 396,708 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): GOPL | 1,454 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Jay | 9,032 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Louisiana | 62,748 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Mississippi | 1,069 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Odyssey | 61,963 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Poseidon | 312,930 | Three Months Ended June 30, 2026 | — |
| Crude oil pipelines (average Bbls/day): Texas | 120,132 | Three Months Ended June 30, 2026 | — |
| Crude oil product sales | 21,450 | Three Months Ended June 30, 2026 | — |
| Inland Barge Utilization Percentage | 97.4% | Three Months Ended June 30, 2026 | — |
| Maintenance capital expenditures | $31.4M | Three Months Ended June 30 | — |
| Maintenance capital utilized non-GAAP | -15.45M | Three Months Ended June 30, 2026 filing | — |
| Marine transportation Segment Margin non-GAAP | 25.65M | Three Months Ended June 30, 2026 filing | — |
| NaHS volumes | 22,555 | Three Months Ended June 30, 2026 | — |
| NaOH (caustic soda) volumes | 9,322 | Three Months Ended June 30, 2026 | — |
| Natural gas transportation volumes | 372,312 | Three Months Ended June 30, 2026 | — |
| Offshore Barge Utilization Percentage | 92.4% | Three Months Ended June 30, 2026 | — |
| Offshore crude oil pipelines total | 773,055 | Three Months Ended June 30, 2026 | — |
| Offshore pipeline transportation Segment Margin non-GAAP | 115.63M | Three Months Ended June 30, 2026 filing | — |
| Onshore crude oil pipelines total | 192,981 | Three Months Ended June 30, 2026 | — |
| Onshore transportation and services Segment Margin non-GAAP | 28.21M | Three Months Ended June 30, 2026 filing | — |
| Rail unload volumes | 18,626 | Three Months Ended June 30, 2026 | — |
| Total Segment Margin non-GAAP | $169.5M | the second quarter of 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Income (loss) from continuing operations before income taxes 56.81M
-13.75M Net income attributable to noncontrolling interests
+19.92M Corporate general and administrative expenses
+65.34M Depreciation, amortization and accretion
+66.95M Interest expense, net
+2.47M Adjustment to include distributable cash generated by equity investees not included in income and exclude equity in investees ne
-770K Unrealized losses (gains) on derivative transactions excluding fair value hedges, net of changes in inventory value
-3.77M Other non-cash items
+30K Loss on extinguishment of debt
-6.32M Differences in timing of cash receipts for certain contractual arrangements
-17.44M Gain on sale of assets
= Total Segment Margin 169.48M
|
|||
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GEL
this stock
Genesis Energy LP
|
$1.73B | -9.9% | +43.6% | — | 2.1% |
|
ENB
Enbridge Inc
|
$102.08B | -3.9% | — | — | 0.8% |
|
WMB
Williams Companies, Inc.
|
$84.72B | +17.4% | +13.8% | 27.6 | 2.0% |
|
EPD
Enterprise Products Partners L.P.
|
$79.36B | +12.9% | -6.4% | 12.7 | 0.8% |
|
ET
Energy Transfer LP
|
$69.52B | +24.1% | +3.5% | — | 0.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GEL | -0.9% | -13.2% | -20.1% | +2.1% | -9.9% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -0.6% | -12.7% | -32.3% | +1.2% | -22.8% |
Capital returns
Buyback program
· as of Aug 8, 2023
Authorized
shares 12.25M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.