Genesis Energy Q1 net income $6.8M; Shenandoah guidance cut $12-15M

GENESIS ENERGY LP

2026-Q1 EPS reported -$0.06 revenue$446,555,000

Net income $6.8M vs loss $469.1M; Segment Margin $156.4M (+29% YoY).
Adjusted EBITDA $140.9M; Available Cash before Reserves $43.8M; distribution $0.18/unit, 1.99x coverage.
Offshore pipeline segment margin up 40% to $107.1M; Shenandoah contributed $12-15M less than original guidance.
Issued $750M 6.75% senior notes due 2034; redeemed $679M 7.75% notes; repurchased $110M Series A preferred.
CEO reaffirms full-year Adj. EBITDA: ~15-20% growth over ~$500-510M baseline, on track for midpoint.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

GENESIS ENERGY LP reported first quarter of 2026 results: net income $6.8 million. Guidance reaffirmed.

Period: first quarter of 2026
Net income: $6.8 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Net Income Attributable to Genesis Energy, L.P. of $6.8 million for the first quarter of 2026

View on SEC.gov

Browse all earnings releases →

GENESIS ENERGY LP filing history →

Source: SEC EDGAR

accession 0001022321-26-000014

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.