---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-22-000015"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2022-02-17T23:59:59+00:00"
generated_at: "2026-06-27T06:51:53.627744+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy Q4 net loss narrows to $68.3M; guides 2022 Adj. EBITDA $565-585M

## Summary
- Net loss $68.3M vs $85.2M loss in Q4 2020; cash from ops $95.6M vs $1.1M.
- Sold 36% interest in CHOPS for ~$418M; used proceeds to reduce debt; leverage ratio 4.99x at year-end.
- 2022 guidance: total segment margin $620-640M, Adj. EBITDA $565-585M; sees $700-800M annual Adj. EBITDA in future.
- Soda ash prices expected to exceed 2019 levels; restarting Granger plant Q1 2023; expansion on track Q3 2023.
- Offshore segment expects ~$345M in 2022; exiting CO2 pipeline (no contribution vs $70M in 2021).

## SEC filing metadata
- accession: 0001022321-22-000015
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2022-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000102232122000015/0001022321-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232122000015/gel-20220217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-22-000015
- JSON: https://secwatch.observer/filing/0001022321-22-000015.json
- Plain text: https://secwatch.observer/filing/0001022321-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.