Genesis Energy LP logo

Genesis Energy LP(GEL)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
SELL
SELL for 5 days
PROFIT SINCE LAST BUY
-1.68% ▼
LAST CLOSE
$14.66
09/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for GEL

09/23/2026: GEL (1-star) is a SELL. SELL for 5 days. Simulated Profits (-1.68%). Updated daily EoD!

Genesis Energy LP is a midstream energy infrastructure company that operates primarily through subsea pipelines in the Gulf of Mexico and natural soda ash mining in Wyoming. The company's main strength lies in its diversified, stable cash flows provided by these essential, low-cost assets. Its primary growth opportunity centers on increasing production connectivity in the offshore energy sector and tapping into industrial demand for soda ash. However, investors must monitor risks related to high debt levels, energy transition pressures, and sensitivity to commodity production volumes. The stock may best suit value and dividend-focused investors, provided they can tolerate the cyclical nature of energy and industrial mineral sectors.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely driven by moderate organic projects and industry cycles rather than aggressive expansion.
Momentum investorWeak fitThe stock often tracks cyclical energy themes rather than sustained high-growth momentum patterns.
Value investorStrong fitThe company trades based on cash flow generation, making it potentially attractive to value-oriented investors.
Dividend investorStrong fit while signal remains positiveThe MLP structure and stable fee-based income make it a candidate for income-focused portfolios.
Low-risk investorMixed fitWhile assets are stable, the midstream energy sector carries inherent commodity price and operational leverage risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highThe stock price is sensitive to energy market sentiment and shifts in commodity production volumes.
Valuation riskMediumValuation is highly dependent on distribution coverage and future interest rate environments impacting MLPs.
Competition risk (Pipeline & Infrastructure)MediumLarge incumbents like PAA and EPD possess economies of scale that can challenge pricing power.
Business qualityMedium / highThe company possesses high-quality, irreplaceable infrastructure assets, though debt levels temper the overall quality score.
Dividend incomeMediumDistributions are dependent on cash flow stability and capital allocation priorities.
Execution riskMediumSuccess relies on maintaining infrastructure integrity and optimizing soda ash production costs.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 44.22%
Avg. Invested days 50
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
GEL receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
GEL has solid overall fundamentals (4 stars), with moderate financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, strong earnings growth (+87.2%) and solid cash generation (FCF margin 5.4%) are partially offset by negative revenue growth (-45.0%), soft profitability (net margin -0.5%).

Financial Health Rating

★★★★★
GEL's financial health is supported by moderate cash strength, including free-cash-flow generation (5.4% of revenue). Overall financial-health metrics support a 3-star score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is GEL's strongest growth driver at +145.2% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+87.2%, strong) is also strong, while revenue growth (-45.0%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 77.6% and approximately 88.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 11.37% supports management-shareholder alignment.

Top 5 Institutional Investors

ALPS Advisors Inc 20.33%
Amvescap Plc. 15.44%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 6.16%
The Goldman Sachs Group Inc 3.30%
Morgan Stanley - Brokerage Accounts 3.25%

Unit Economics (Per $1K Revenue)

★★★★★
GEL generates approximately $211 of gross profit, $158 of operating income, and $54 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 2.57%

Quantitative Style Profile

★★★★★
GEL has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.79B USD
Price to earnings Ratio 73.2
1Y Target Price 18.33
Price to earnings Ratio 73.2
1Y Target Price 18.33
Volume (30-day avg) 276.2K shares
Beta 0.65
52 Weeks Range 13.57 - 18.20
Updated Date 09/23/2026
52 Weeks Range 13.57 - 18.20
Updated Date 09/23/2026
Dividends yield (FY) 4.82%
Basic EPS (TTM) 0.2

How Company Makes Money

Business areaWhat it includesRetail investor read
Offshore Pipeline TransportationTransportation fees for moving oil through deepwater subsea pipelines.This is a 'toll road' model where the company earns money based on the volume of oil moved, providing steady cash flow.
Soda Ash & MineralsMining and sale of natural soda ash for industrial use.This provides non-energy related income, helping to diversify the business against oil price swings.
Refinery ServicesSupply of NaHS and caustic soda to chemical/refining customers.These are essential inputs for refineries, creating consistent, long-term contractual revenue.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE 73.2
Forward PE 10.08
Enterprise Value 5.00B
Price to Sales(TTM) 0.98
Enterprise Value 5.00B
Price to Sales(TTM) 0.98
Enterprise Value to Revenue 2.73
Enterprise Value to EBITDA 7.9
Shares Outstanding 122.17M
Shares Floating 108.31M
Shares Outstanding 122.17M
Shares Floating 108.31M
Percent Insiders 11.37
Percent Institutions 77.55

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Genesis Energy LP

Exchange NYSE
Headquarters Houston, TX, United States
IPO Launch date 1996-09-06
Chairman & CEO of Genesis Energy LLC Mr. Grant E. Sims
Sector Energy
Industry Oil & Gas Midstream
Full time employees 1046
Full time employees 1046

Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation; Marine Transportation; and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as provision of a suite of services to integrated and large independent energy companies. This segment also owns interests in offshore crude oil and natural gas pipeline systems, platforms, and related infrastructure. The Marine Transportation segment includes inland marine fleet, which transports intermediate refined petroleum products, such as asphalt; offshore marine fleet, which transports crude oil and refined petroleum products; and M/T American Phoenix, a modern, double-hulled tanker. The Onshore Facilities and Transportation segment provides transportation and facilities services to crude oil refiners and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products; and owns a portfolio of logistical assets consisting of pipelines, trucks, tanks and terminals, barges and rail unloading facilities. This segment also owns and operates onshore common carrier crude oil pipeline systems and operational crude oil rail unloading facilities; and is involved in processing of high sulfur gas streams for refineries, as well as selling of related by-product, sodium hydrosulfide. Genesis Energy, L.P. was incorporated in 1996 and is headquartered in Houston, Texas.