---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-24-000049"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-02T23:44:45.123162+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy Q1 net income $11.4M vs year-ago loss; Shenandoah first oil delayed to Q2 2025

## Summary
- Net income $11.4M vs $1.6M loss; Adj. EBITDA $163.1M; cash from ops $125.9M.
- Shenandoah first oil delayed to Q2 2025 (previously Dec. 2024), ~$6M Q4 impact.
- Soda ash ops issues cost ~$8M in Q1; Westvaco back to full capacity; Granger fix in Q2.
- Management expects $250-350M+ annual cash flow after obligations starting late 2024.
- Offshore: new MVC contracts on CHOPS; Argos >130k bpd; Salamanca on track mid-2025.

## SEC filing metadata
- accession: 0001022321-24-000049
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000049/0001022321-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000049/gel-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-24-000049
- JSON: https://secwatch.observer/filing/0001022321-24-000049.json
- Plain text: https://secwatch.observer/filing/0001022321-24-000049.txt

## Key facts
- Earnings Releases
  GENESIS ENERGY LP reported the first quarter of 2024 results: net income Net Income Attributable to Genesis Energy, L.P. of $11.4 million.
  - Period: the first quarter of 2024
  - Net income: Net Income Attributable to Genesis Energy, L.P. of $11.4 million
  - Result: reported results
  source text: Genesis Energy, L.P. (NYSE: GEL) today announced its first quarter results. We generated the following financial results for the first quarter of 2024: • Net Income Attributable to Genesis Energy, L.P. of $11.4 million for the first quarter of 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000049/0001022321-24-000049-index.htm

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