secwatch.observer — SEC 8-K summary
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Issuer:     GENESIS ENERGY LP (GEL)
CIK:        0001022321
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001022321-23-000095
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022321/000102232123000095/0001022321-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022321/000102232123000095/gel-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001022321-23-000095

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