Genesis Energy, L.P. (GEL) AI Stock Analysis

Genesis Energy, L.P. operates in the midstream sector of the crude oil and natural gas industry, offering transportation and handling services. Its Offshore Pipeline Transportation segment operates interests in approximately 1,422 miles of pipelines, primarily in deepwater areas of the Gulf of Mexico. The Sodium Minerals and Sulfur Services segment provides sulfur extraction and supplies sodium hydrosulfide and caustic soda. Through its Onshore Facilities and Transportation segment, the partnership provides purchasing, blending, storage, and marketing across Gulf Coast refineries, managing 4.2 million barrels of storage capacity and 450 miles of onshore pipelines. It also operates marine transportation assets.

Genesis Energy's revenue rose from $2.13B in FY2021 to a peak of $3.18B in FY2023, before falling to $2.97B in FY2024 and dropping 45.0% to $1.63B in FY2025. Over the five-year period from FY2020 to FY2025, revenue registered a CAGR of -2.2%. Net income fluctuated significantly, moving from -$165.1M in FY2021 to a high of $117.7M in FY2023, followed by losses of -$63.9M in FY2024 and -$8.2M in FY2025. Gross margin stood at 21.1% in FY2025, with an operating margin of 15.8%. For the latest quarter ended June 30, 2026, quarterly revenue grew 41.0% year-over-year, while quarterly earnings grew 58.6%.

As of June 30, 2026, Genesis Energy held $44.2M in cash and short-term investments alongside total debt of $3.20B, resulting in net debt of $3.16B. Total assets were $5.41B against shareholders' equity of -$336.8M, with a current ratio of 0.93. In FY2025, operating cash flow reached $275.2M and free cash flow turned positive at $88.3M. Capital expenditures totaled $186.9M, while the partnership spent $262.5M on share buybacks and $152.4M on dividends paid.

Genesis Energy trades at a trailing P/E of 71.2x, above the 15.0x median of its US-listed Energy peers, but its forward P/E of 10.1x is lower than the peer median of 12.7x. The partnership's enterprise value is $4.95B, with an EV/EBITDA of 7.8x compared to the peer group median of 8.0x, and a price-to-sales ratio of 0.9x versus the peer median of 1.8x. Over the past year, GEL shares returned -0.8%, lagging the 16.8% return of the S&P 500 (SPY). Over five years, GEL gained 59.0% compared to 83.0% for the index.

Genesis Energy offers an annual forward dividend of $0.80 per share, representing a dividend yield of 5.62%. The payout ratio is 4.0%, with distributions paid on a quarterly schedule. The partnership has paid dividends for 30 consecutive years, though its 5-year annualized dividend growth is -8.0%. Its last ex-dividend date is listed as October 30, 2026.

Wall Street analysts maintain 2 Strong Buy ratings, 1 Buy rating, and zero Hold, Sell, or Strong Sell ratings on GEL. The mean price target of $18.00 implies an upside of 26.4% compared to the last close of $14.24. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $1.79B and an EPS of -$0.02. For the following fiscal year, analysts expect revenue of $1.69B and an EPS of $0.08. Over the last four quarters, the partnership beat EPS estimates once. The next earnings date is November 5, 2026.

This page is an AI-written research summary of Genesis Energy, L.P. (GEL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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