secwatch.observer — SEC 8-K summary
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Issuer:     GENESIS ENERGY LP (GEL)
CIK:        0001022321
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001022321-25-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022321/000102232125000052/0001022321-25-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022321/000102232125000052/gel-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001022321-25-000052

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