earnings
confidence high
sentiment positive
materiality 0.80
Genesis Energy Q4 net income $19.9M vs loss; distribution up 9.1%; sees 15-20% EBITDA growth in 2026
GENESIS ENERGY LP
2025-FY EPS reported
-$4.19
revenue$1,630,415,000
- Net income $19.9M in Q4 2025 vs net loss $49.4M in Q4 2024; cash flow from operations $110.8M vs $74.0M.
- Quarterly distribution raised 9.1% to $0.18/common unit; 2.77x coverage on $61.1M Available Cash before Reserves.
- Full-year 2025 Adjusted EBITDA ~$544M (low end of $545-575M guidance); normalized 2025 EBITDA ~$500-510M.
- Offshore pipeline segment margin up ~57% from Q1; Shenandoah and Salamanca volumes driving growth; no significant growth capex in 2026.
- Repurchased $25M of preferred units at par; expects 15-20% EBITDA growth in 2026 over normalized 2025.