{"schema_version":"secwatch.filing_event.v1","accession":"0001022321-22-000036","form_type":"8-K","ticker":"GEL","cik":"0001022321","company_name":"GENESIS ENERGY LP","filed_at":"2022-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.359272+00:00","generated_at":"2026-06-26T00:19:31.555265+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"GEL Q1 net loss narrows to $5.3M; announces $500M Gulf of Mexico pipeline expansion","bullets":["Net loss attributable to GEL of $5.3M vs $34.2M loss in Q1 2021; Adjusted EBITDA $143.1M.","Total Segment Margin $157.5M; Available Cash before Reserves $55.7M, coverage 3.03x on $0.15/unit distribution.","Entered agreements to transport crude from two deepwater developments (160K bbl/d capacity); expects ~$500M capex for CHOPS expansion & SYNC pipeline.","Sold Independence Hub platform for $40M gross ($32M net to GEL); combined with prior CHOPS sale pre-funds most expansion capex.","Raises 2022 guidance to high end: Segment Margin $620-640M, Adjusted EBITDA $565-585M (excl. Independence Hub gain)."],"urls":{"canonical":"https://secwatch.observer/filing/0001022321-22-000036","json":"https://secwatch.observer/filing/0001022321-22-000036.json","markdown":"https://secwatch.observer/filing/0001022321-22-000036.md","text":"https://secwatch.observer/filing/0001022321-22-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022321/000102232122000036/0001022321-22-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022321/000102232122000036/gel-20220504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T00:19:31.555265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}