---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-22-000088"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:14:18.464494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy Q3 net income $3.4M vs loss; raises 2022 EBITDA guidance

## Summary
- Net income $3.4M vs loss $20.9M in Q3 2021; cash from ops $94.3M vs $54.2M.
- Adjusted EBITDA $183.6M in Q3; trailing 12-month $692.3M, bank leverage ratio 4.27X.
- Raised 2022 Adj. EBITDA guidance to $700-$710M (from prior); expects exit leverage ≤4.25X.
- Expected 2023 Adj. EBITDA in mid-$700M range, leverage below 4.0X; Granger expansion on schedule.
- Q4 headwinds: sulfur services ~$5M impact from refinery outage; onshore facilities ~$4M from maintenance.

## SEC filing metadata
- accession: 0001022321-22-000088
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000102232122000088/0001022321-22-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232122000088/gel-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-22-000088
- JSON: https://secwatch.observer/filing/0001022321-22-000088.json
- Plain text: https://secwatch.observer/filing/0001022321-22-000088.txt

## Key facts
- Earnings Releases
  GENESIS ENERGY LP reported the third quarter of 2022 results: net income $3.4 million. Guidance raised.
  - Period: the third quarter of 2022
  - Net income: $3.4 million
  - Guidance: raised
  - Result: reported results
  source text: Genesis Energy, L.P. (NYSE: GEL) today announced its third quarter results. We generated the following financial results for the third quarter of 2022: • Net Income Attributable to Genesis Energy, L.P. of $3.4 million for the third quarter of 2022 compared to Net Loss Attributable to Genesis Energy, L.P. of $20.9 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000102232122000088/0001022321-22-000088-index.htm

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