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Genesis Energy LP (GEL)
NYSE:GEL
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.27Last Year’s EPS
-0.09Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 15.37%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth prospects in the offshore and marine transportation segments, alongside strategic cost reduction efforts. However, ongoing challenges in the soda ash market and mechanical issues in offshore production tempered the overall outlook.Company Guidance
During Genesis Energy's fourth-quarter 2024 earnings call, the company provided optimistic guidance for 2025 and beyond. They anticipate significant growth in their offshore pipeline transportation segment, driven by new contracted developments, Shenandoah and Salamanca, which are expected to contribute to a 20%+ sequential growth in 2025. The marine transportation segment is projected to deliver record results due to increased days on the water and stable to increasing day rates. Despite challenging conditions in the soda ash market, Genesis expects segment margins to remain similar to 2024 levels, with potential improvements by 2026. The company forecasts adjusted EBITDA of around $700 million in 2025, potentially reaching $800 million in 2026 if the soda ash market recovers. Genesis plans to use excess cash flow to pay down debt, redeem high-cost preferred shares, and return capital to unitholders, all while managing their leverage ratio.Offshore Pipeline Transportation Segment Growth
Significant growth expected in the offshore pipeline transportation segment in 2025, with a forecast of upwards of 20+% sequential growth driven by new developments Shenandoah and Salamanca.
Marine Transportation Record Performance
Marine transportation segment projected to deliver record results in 2025, attributed to more days on water and steady to increasing day rates, with utilization rates near 100%.
Capital Spending Program Completion
Completion of major capital spending program expected soon, transitioning to generating cash from operations in excess of cash costs, with adjusted EBITDA expected around $700 million in 2025 and potentially $800 million in 2026.
Cost Reduction Initiatives in Soda Ash Segment
Implemented initiatives to reduce fixed and marginal operating costs in the soda ash business, preparing for future market recovery.
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GEL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GEL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $10.41 | $11.88 | +14.12% |
| Oct 31, 2024 | $12.53 | $11.14 | -11.09% |
| Aug 01, 2024 | $13.56 | $13.10 | -3.39% |
| May 02, 2024 | $11.32 | $11.78 | +4.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Genesis Energy LP (GEL) report earnings?
Genesis Energy LP (GEL) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Genesis Energy LP (GEL) earnings time?
Genesis Energy LP (GEL) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEL EPS forecast?
GEL EPS forecast for the fiscal quarter 2025 (Q1) is -0.27.
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