---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-24-000070"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:36:01.298934+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy reports Q2 net loss of $8.7M; raises quarterly distribution 10% to $0.165/unit

## Summary
- Net loss attributable to GEL of $8.7M vs net income of $49.3M in Q2 2023; Adjusted EBITDA $148.9M.
- Available Cash before Reserves to common unitholders $37.6M, providing 2.05X coverage on $0.15/unit distribution.
- Board approves 10% distribution increase to $0.165/unit per quarter starting with Q3 2024 payment on Nov 14.
- CEO expects 2025 Adjusted EBITDA ~$800M, approaching $900M in 2026; offshore projects on schedule.
- Soda ash operations benefiting from Granger expansion; marine transportation at near 100% utilization with rising day rates.

## SEC filing metadata
- accession: 0001022321-24-000070
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2024-08-01T23:59:59+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/1022321/000102232124000070/0001022321-24-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232124000070/gel-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-24-000070
- JSON: https://secwatch.observer/filing/0001022321-24-000070.json
- Plain text: https://secwatch.observer/filing/0001022321-24-000070.txt

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