{"schema_version":"secwatch.filing_event.v1","accession":"0001022321-25-000043","form_type":"8-K","ticker":"GEL","cik":"0001022321","company_name":"GENESIS ENERGY LP","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.167764+00:00","generated_at":"2026-05-22T02:56:02.886108+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Genesis Energy Q1 net loss $469M; completes soda ash sale, reduces annual cash costs $120M+","bullets":["Net loss $469.1M vs net income $11.4M YoY; cash from ops $24.8M vs $125.9M.","Sold soda ash business to WE Soda affiliate for $1.425B enterprise value; net cash ~$1.0B after costs.","Used proceeds to pay down revolver, redeem 8% notes due 2027, repurchase $250M Class A Convertible Preferred.","Offshore expansion: SYNC 1 pipeline commissioning end of May; Shenandoah first oil June; Salamanca first oil Q3.","2025 Adjusted EBITDA guidance $545-575M; bank leverage 5.49x; nearest maturity early 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001022321-25-000043","json":"https://secwatch.observer/filing/0001022321-25-000043.json","markdown":"https://secwatch.observer/filing/0001022321-25-000043.md","text":"https://secwatch.observer/filing/0001022321-25-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1022321/000102232125000043/0001022321-25-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1022321/000102232125000043/gel-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T02:56:02.886108+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"}