---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-24-000015"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T00:39:42.128197+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Q4 Adj EBITDA $188.7M; record year $756.4M; 2024 guidance $680-740M

## Summary
- Net income $12.0M; cash from ops $124.8M; Available Cash before Reserves $88.3M (4.8X coverage).
- Record full-year Adj EBITDA $756.4M, beating top end of guidance; 11% growth over normalized 2022.
- 2024 Adj EBITDA guidance $680-740M; expects inflection point in 2025 with Shenandoah/Salamanca (~$100M incremental).
- Granger expansion commissioned (1.25M tons/yr); Winterfell contracts signed, first oil Q2 2024.
- Repurchased $75M preferred units at discount and 114,900 common units at $9.09 avg.

## SEC filing metadata
- accession: 0001022321-24-000015
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2024-02-15T23:59:59+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/1022321/000102232124000015/0001022321-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000015/gel-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-24-000015
- JSON: https://secwatch.observer/filing/0001022321-24-000015.json
- Plain text: https://secwatch.observer/filing/0001022321-24-000015.txt

## Key facts
- Earnings Releases
  GENESIS ENERGY LP reported financial results for the fourth quarter of 2023.
  - Period: the fourth quarter of 2023
  - Result: reported results
  source text: We issued a press release on February 15, 2024 regarding our financial results for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000015/0001022321-24-000015-index.htm

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