{"schema_version":"secwatch.filing_event.v1","accession":"0001022321-25-000017","form_type":"8-K","ticker":"GEL","cik":"0001022321","company_name":"GENESIS ENERGY LP","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.721050+00:00","generated_at":"2026-05-26T21:53:46.496195+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Genesis Energy Q4 net loss $49.4M; 2025 Adj EBITDA guidance ~$700M, cash flow positive H2 2025","bullets":["Net loss of $49.4M in Q4 2024 vs net income $12.0M in Q4 2023; Adjusted EBITDA $160.6M.","Available Cash before Reserves to common unitholders $43.3M; distribution coverage 2.14x at $0.165/unit.","Offshore projects >90% complete; Shenandoah/Salamanca first production expected late Q2 2025, adding ~200K bpd.","2025 Adj EBITDA guidance ~$700M, 2026 could reach ~$800M; annual cash costs ~$600-625M.","Soda ash market oversupplied; prices challenged through H1 2025; cost reduction initiatives underway."],"urls":{"canonical":"https://secwatch.observer/filing/0001022321-25-000017","json":"https://secwatch.observer/filing/0001022321-25-000017.json","markdown":"https://secwatch.observer/filing/0001022321-25-000017.md","text":"https://secwatch.observer/filing/0001022321-25-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022321/000102232125000017/0001022321-25-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022321/000102232125000017/gel-20250213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T21:53:46.496195+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}