Highest-materiality recent filing
Genesis Energy Q1 net income $6.8M; Shenandoah guidance cut $12-15M
Net income $6.8M vs loss $469.1M; Segment Margin $156.4M (+29% YoY).
Genesis Energy enters new $900M credit facility, expandable to $1.3B, matures 2031
New $900M senior secured revolving facility entered on March 4, 2026, replacing prior credit agreement.
Genesis Energy closes $750M offering of 6.750% senior notes due 2034
$750 million aggregate principal of 6.750% senior notes due May 15, 2034 issued; offering closed March 4, 2026.
Genesis Energy prices $750M 6.75% senior notes due 2034, upsized from $500M
Offering upsized to $750M aggregate principal from previously announced $500M.
Genesis Energy Q4 net income $19.9M vs loss; distribution up 9.1%; sees 15-20% EBITDA growth in 2026
Net income $19.9M in Q4 2025 vs net loss $49.4M in Q4 2024; cash flow from operations $110.8M vs $74.0M.
Genesis Energy Q3 net income $9.2M vs loss a year ago; guidance cut slightly
Net income of $9.2M vs net loss of $17.2M YoY; Adjusted EBITDA $132.0M.
Genesis Energy Q2 net loss narrows to $0.4M; FY EBITDA guidance at low end of $545-575M range
Net loss of $0.4M vs $8.7M loss in Q2 2024; Adjusted EBITDA of $122.9M.
Genesis Energy Q1 net loss $469M; completes soda ash sale, reduces annual cash costs $120M+
Net loss $469.1M vs net income $11.4M YoY; cash from ops $24.8M vs $125.9M.
Genesis Energy sells soda ash business for $1.425B; receives ~$1.010B net cash
Sold Alkali Business to WE Soda affiliate for $1.425B enterprise value; net cash proceeds ~$1.010B after fees and assumed $390M ORRI bonds.
Genesis Energy Q4 net loss $49.4M; 2025 Adj EBITDA guidance ~$700M, cash flow positive H2 2025
Net loss of $49.4M in Q4 2024 vs net income $12.0M in Q4 2023; Adjusted EBITDA $160.6M.
Genesis Energy closes $600M offering of 8.000% senior notes due 2033
Issued $600M of 8.000% senior unsecured notes maturing May 15, 2033; interest payable semiannually starting May 15, 2025.
Genesis Energy amends credit agreement, relaxes leverage and interest coverage covenants
Maximum consolidated leverage ratio increased to 5.75x from 5.00x for Q4 2024 through Q3 2025, then 5.50x thereafter.
Genesis Energy upsizes and prices $600M of 8.000% senior notes due 2033 to refinance 2027 notes
Offering upsized from $400M to $600M; notes priced at par with 8.000% coupon, maturing 2033.
Genesis Energy CAO Robert V. Deere to retire effective Dec 31, 2024
Robert V. Deere, Chief Administrative Officer, plans to retire on December 31, 2024.
Genesis Energy Q3 net loss $17.2M vs $58.1M profit; offshore delays, soda ash challenges cited
Net loss of $17.2M versus net income of $58.1M in Q3 2023; cash from ops fell to $87.3M.
Genesis Energy reports Q2 net loss of $8.7M; raises quarterly distribution 10% to $0.165/unit
Net loss attributable to GEL of $8.7M vs net income of $49.3M in Q2 2023; Adjusted EBITDA $148.9M.
Genesis Energy enters into $900M senior secured revolving credit facility, maturing 2028
New $900M facility replace Sixth Amended Credit Agreement; can increase to $1.05B with lender consent.
Offering upsized from $500M to $700M aggregate principal; notes priced at 100% of par.
Genesis Energy Q1 net income $11.4M vs year-ago loss; Shenandoah first oil delayed to Q2 2025
Net income $11.4M vs $1.6M loss; Adj. EBITDA $163.1M; cash from ops $125.9M.
On November 15, 2024, Genesis Energy L.P. (the “Company”) announced that Robert V. Deere, the Company’s Chief Administrative Officer, intends to retire from his position at the Company effective December 31, 2024.
Max materiality 0.90 · Median 0.70 · Most common event earnings