---
schema_version: "secwatch.filing_event.v1"
accession: "0001022321-25-000052"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:06:21.522551+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy Q2 net loss narrows to $0.4M; FY EBITDA guidance at low end of $545-575M range

## Summary
- Net loss of $0.4M vs $8.7M loss in Q2 2024; Adjusted EBITDA of $122.9M.
- Total Segment Margin $135.9M, down from $137.9M; offshore pipeline margin rose to $87.6M.
- Available Cash before Reserves to common units $32.2M; distribution coverage 1.59x at $0.165/unit.
- Full-year 2025 Adjusted EBITDA now expected at or near low end of prior $545-575M guidance.
- Shenandoah achieved first oil; Salamanca first oil expected by end of Q3 2025.

## SEC filing metadata
- accession: 0001022321-25-000052
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000102232125000052/0001022321-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000102232125000052/gel-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022321-25-000052
- JSON: https://secwatch.observer/filing/0001022321-25-000052.json
- Plain text: https://secwatch.observer/filing/0001022321-25-000052.txt

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