| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | 1 | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.78 |
—
—
—
|
| 2025 | 0.66 |
—
—
—
—
|
| 2024 | 0.62 |
—
—
—
—
|
| 2023 | 0.60 |
—
—
—
—
|
| 2022 | 0.60 |
—
—
—
—
|
| 2021 | 0.60 |
—
—
—
—
|
| 2020 | 1.00 |
—
—
—
—
|
| 2019 | 2.20 |
—
—
—
—
|
| 2018 | 2.10 |
—
—
—
—
|
| 2017 | 2.65 |
—
—
—
—
|
| 2016 | 2.72 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 28.04 | 7.35 | 6.44 | 44.24 |
| Receivables | 759.55 | 479.50 | 608.22 | 1,189.52 |
| Inventory | 135.23 | 37.78 | 55.37 | 38.59 |
| Other | 41.23 | 18.79 | 17.44 | 27.05 |
| 964.05 | 911.73 | 687.47 | 1,299.39 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 588.92 | 388.25 | 490.71 | 1,096.53 |
| ST’ Debt | — | — | — | 99.50 |
| Other | — | — | — | — |
| 967.45 | 858.76 | 699.69 | 1,399.03 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 446.56 | 532.00 | — | — |
—
|
| ’25 | 398.31 | 377.35 | 414.00 | 440.76 |
1,630.42
|
| ’24 | 434.45 | 430.18 | 397.29 | 398.92 |
1,660.83
|
| ’23 | 790.61 | 804.66 | 807.62 | (681.57) |
1,721.32
|
| ’22 | 631.95 | 721.73 | 721.25 | 714.04 |
2,788.96
|
| ’21 | 521.22 | 503.86 | 518.82 | 581.58 |
2,125.48
|
| ’20 | 539.92 | 388.47 | 443.13 | 453.14 |
1,824.66
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 81.74 | 180.75 | — | — |
—
|
| ’25 | 24.81 | 46.99 | 70.25 | 110.78 |
252.83
|
| ’24 | 125.92 | 104.72 | 87.32 | 73.97 |
391.93
|
| ’23 | 97.66 | 157.66 | 141.04 | 124.76 |
521.13
|
| ’22 | 54.25 | 104.04 | 94.31 | 81.80 |
334.40
|
| ’21 | 77.16 | 111.03 | 54.17 | 95.59 |
337.95
|
| ’20 | 89.55 | 62.61 | 143.47 | 1.12 |
296.75
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 55.75 | 162.50 | — | — |
—
|
| ’25 | (56.65) | (7.01) | 43.56 | 87.07 |
66.98
|
| ’24 | (48.05) | (56.76) | (32.01) | (46.59) |
(183.41)
|
| ’23 | (33.95) | 42.11 | (7.26) | (99.32) |
(98.41)
|
| ’22 | (25.95) | 42.93 | (27.89) | (38.56) |
(49.47)
|
| ’21 | 37.79 | 39.01 | (52.20) | 12.55 |
37.16
|
| ’20 | 51.61 | 31.42 | 112.67 | (20.04) |
175.65
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.06) | 0.26 | — | — |
—
|
| ’25 | (4.06) | (0.12) | (0.05) | 0.04 |
(4.19)
|
| ’24 | (0.09) | (0.25) | (0.32) | (0.58) |
(1.24)
|
| ’23 | (0.21) | 0.22 | 0.29 | (0.08) |
0.22
|
| ’22 | (0.20) | 0.14 | (0.12) | 0.15 |
(0.04)
|
| ’21 | (0.43) | (0.49) | (0.32) | (0.71) |
(1.96)
|
| ’20 | 0.05 | (2.82) | (0.39) | (0.85) |
(4.01)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 7.61 | 8.05 | 9.86 | 10.15 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 13.44 | 12.78 | 15.17 | 17.77 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,109 | 2,137 | 2,075 | 1,061 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.32 | 0.81 | 0.80 | 1.54 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,788.96 | 1,721.32 | 1,660.83 | 1,630.42 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.87% | 27.23% | 28.78% | 35.37% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 132.30 | 47.63 | (48.99) | 31.31 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.74% | 2.77% | (2.95%) | 1.92% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 129.14 | 146.35 | (33.01) | (393.24) | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 305.48 | 293.08 | 327.80 | 263.84 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.75 | 14.05 | 13.56 | 13.31 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.04) | 0.22 | (1.24) | (4.19) | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.73 | 4.25 | 3.20 | 2.06 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.13) | (5.06) | (4.70) | (1.52) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.40) | (0.80) | (1.50) | 0.55 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.48 | 7.32 | 5.73 | 1.27 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 122.58 | 122.54 | 122.46 | 122.46 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 53.59 | 0.00 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.43 | 0.84 | 0.75 | 1.17 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.35 | 1.61 | 1.76 | 12.28 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.66 | 3.00 | 2.99 | 3.04 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (93.60) | (52.53) | (27.04) | 73.92 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 334.40 | 521.13 | 391.93 | 252.83 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (383.86) | (619.54) | (575.34) | (185.85) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (49.47) | (98.41) | (183.41) | 66.98 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 143.94 | (3.40) | 52.98 | (12.23) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,464.15 | 3,752.85 | 3,727.86 | 3,046.82 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,437.59 | 3,724.81 | 3,720.51 | 3,040.38 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,775.46 | 897.19 | 702.19 | 155.56 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.07%) | 0.40% | (2.16%) | (8.63%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.78% | 2.77% | 2.40% | 5.05% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.51%) | 3.03% | (18.95%) | (119.71%) | — | — | — |
ROE
|
Genesis Energy, L.P. (GEL), a midstream MLP specializing in crude oil gathering, transportation, and alkylation refining, has endured wild energy market cycles, with shares plummeting over 90% in 2020’s crash before partial recovery. Trading at depressed valuations (PS ratio ~0.42), analysts project 8-14% upside, fueled by resilient revenue growth that doubled from 2016 to a 2023 peak of $3.18 billion, though tightly correlated with volatile crude prices and profitability swings—from $111 million net income in 2016 to a -$400 million loss in 2020.
Challenges persist with eroding margins, negative free cash flow from surging Capex, and a towering $4.1 billion debt load pushing debt-to-equity near 6x, amplifying leverage risks in a high-rate environment. Yet, forecasts signal a trough: revenue dips 47% in 2025 before stabilizing, EPS flips positive by 2026, and FCF turns modestly positive as Capex eases—potentially decompressing valuations if refinery optimizations and steady volumes deliver.
Recent insider buys totaling $93,000 at trough levels add bullish conviction amid peer-beating cheapness on PS/PB metrics. While energy transition and refinancing risks loom, GEL’s high historical yields and revenue-profit correlations suggest a value play for volatility-tolerant investors—watch 2026 earnings for the inflection that could spark 10%+ gains.
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