---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-340318"
form_type: "8-K"
ticker: "GEL"
cik: "0001022321"
company_name: "GENESIS ENERGY LP"
filed_at: "2021-11-24T23:59:59+00:00"
generated_at: "2026-06-28T05:23:42.681587+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genesis Energy sells 36% stake in CHOPS pipeline for $418M, retains control

## Summary
- Sold 36% membership interest in Cameron Highway Oil Pipeline to undisclosed financial party for ~$418M gross proceeds.
- Retains 64% ownership and remains operator of CHOPS pipeline.
- Entered Credit Agreement Amendment to permit transaction and designate CHOPS as restricted joint venture.

## SEC filing metadata
- accession: 0001193125-21-340318
- form_type: 8-K
- ticker: GEL
- cik: 0001022321
- company_name: GENESIS ENERGY LP
- filed_at: 2021-11-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022321/000119312521340318/0001193125-21-340318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022321/000119312521340318/d256132d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-340318
- JSON: https://secwatch.observer/filing/0001193125-21-340318.json
- Plain text: https://secwatch.observer/filing/0001193125-21-340318.txt

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