secwatch.observer — SEC 8-K summary
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Issuer:     GENESIS ENERGY LP (GEL)
CIK:        0001022321
Form:       8-K
Filed at:   2021-11-24T23:59:59+00:00
Accession:  0001193125-21-340318
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022321/000119312521340318/0001193125-21-340318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022321/000119312521340318/d256132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-340318

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