---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-23-000015"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T03:59:37.499564+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 income $42M vs loss; 2023 EBITDA guidance $780-810M

## Summary
- Net income $42.0M in Q4 2022 vs net loss $68.3M in Q4 2021; Adjusted EBITDA $180.2M.
- Full-year 2022 Adjusted EBITDA $717.1M, above raised guidance; 2023 guidance $780-810M.
- Leverage ratio reduced to 4.14x from 5.51x in Q3 2021; target ≤4.0x by end 2023.
- Completed $500M 8.875% notes due 2030, redeemed 5.625% notes due 2024; upsized credit facility to $850M.
- Soda ash: 85% of 2023 volumes contracted at higher weighted average price than 2022; Granger expansion on schedule.

## SEC filing metadata
- accession: 0001022321-23-000015
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2023-02-22T23:59:59+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/1022321/000102232123000015/0001022321-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232123000015/gel-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-23-000015
- JSON: https://secwatch.observer/filing/0001022321-23-000015.json
- Plain text: https://secwatch.observer/filing/0001022321-23-000015.txt

## Key facts
- Earnings Releases
  GENESIS ENERGY LP reported the fourth quarter of 2022 results: net income $42.0 million. Guidance initiated.
  - Period: the fourth quarter of 2022
  - Net income: $42.0 million
  - Guidance: initiated
  - Result: reported results
  source text: Net Income Attributable to Genesis Energy, L.P. of $42.0 million for the fourth quarter of 2022 compared to Net Loss Attributable to Genesis Energy, L.P. of $68.3 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000102232123000015/0001022321-23-000015-index.htm

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