---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-23-000095"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:06:59.351046+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy Q3 2023 Net Income $58.1M vs $3.4M YoY; Adjusted EBITDA $190.6M

## Summary
- Net Income Attributable to GEL of $58.1M vs $3.4M YoY; Cash from Ops $141.0M vs $94.3M.
- Available Cash before Reserves to common unitholders $89.0M; distribution $0.15/unit covered 4.84x.
- Total Segment Margin $207.9M; Adjusted EBITDA $190.6M. Trailing 12-month Adjusted EBITDA $808.8M.
- FY2023 Adjusted EBITDA guidance maintained at $725-745M; expects to deliver at or near top end.
- Offshore pipeline segment record throughput of ~675k bbl/day; Jones Act fleet at ~100% utilization.

## SEC filing metadata
- accession: 0001022321-23-000095
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000102232123000095/0001022321-23-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232123000095/gel-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-23-000095
- JSON: https://secwatch.observer/filing/0001022321-23-000095.json
- Plain text: https://secwatch.observer/filing/0001022321-23-000095.txt

## Key facts
- Earnings Releases
  GENESIS ENERGY LP reported third quarter of 2023 results: net income $58.1 million. Guidance reaffirmed.
  - Period: third quarter of 2023
  - Net income: $58.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net Income Attributable to Genesis Energy, L.P. of $58.1 million for the third quarter of 2023 compared to Net Income Attributable to Genesis Energy, L.P. of $3.4 million for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000102232123000095/0001022321-23-000095-index.htm

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