Genesis Energy Lp Stock News

The trading price of Genesis Energy L.P. (NYSE:GEL) closed higher on Tuesday, March 08, closing at $12.36, 0.16% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it fluctuated between $12.335 … Should Value Hunters Buy Genesis Energy L.P. (NYSE: GEL) Stock? Read More »

Genesis Energy: Buy The Dip. Despite 2022 Guidance Below Forecast, We Explain Why We Believe Genesis Is Still A Double+ The Next Two Years

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its fourth quarter results. We generated the following financial results for the fourth quarter of 2021: Net Loss Attributable to Genesis Energy, L.P. of $68.3 million for the fourth quarter of 2021 compared to Net Loss Attributable to Genesis Energy, L.P. of $85.2 million for the same period in 2020. Cash Flows from Operating Activities of $95.6 million for the fourth quarter of 2021 compared to $1.1 million for the sam

Genesis Energy, L.P. found using ticker (GEL) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 15 and 11 calculating the mean target price we have 12.5. With the stocks previous close at 11.58 this indicates there is a potential upside of 7.9%. The day 50 moving average is 11.06 and the 200 day MA is 10.42. The company has a market capitalisation of $1,375m. Visit the company website at: https://www.genesisenergy.com [stock_market_widget type="chart" symbol="GEL" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $1,485m based on the market concensus. Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company''s Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico.

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Fourth Quarter ended December 31, 2021 on February 17, 2022, before the market opens. Genesis Energy, L.P.

Genesis Energy, L.P. with ticker code (GEL) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15 and 11 with the average target price sitting at 12.25. With the stocks previous close at 10.09 this would indicate that there is a potential upside of 21.4%. The day 50 moving average is 11.36 and the 200 moving average now moves to 10.01. The market capitalisation for the company is $1,177m. Visit the company website at: https://www.genesisenergy.com [stock_market_widget type="chart" symbol="GEL" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company''s Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deepwater pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico.

Royal Bank of Canada reduced its position in shares of Genesis Energy, L.P. (NYSE:GEL) by 4.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,447 shares of the pipeline companys stock after selling 1,360 shares during the quarter. Royal Bank of Canadas holdings []

Shares of Genesis Energy, L.P. (NYSE:GEL) have been given a consensus rating of Hold by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The []

Genesis Energy: Sale Of 36% Stake Was In Fact Included In The Moody's Downgrade

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will participate in the following investor conferences: Capital One Securities 16th Annual Energy Conference, Monday,

In last trading session, Genesis Energy L.P. (NYSE:GEL) saw 0.39 million shares changing hands with its beta currently measuring 2.47. Companys recent per share price level of $10.75 trading at $0.03 or 0.28% at ring of the bell on the day assigns it a market valuation of $1.36B. That closing price of GELs stock is Genesis Energy L.P. (NYSE:GEL) Stock Jumped 73.11% Year-To-Date, What Analysts Expect Next? Read More »

We believe that Moody's downgrade of Genesis Energy debt last week likely ignored the credit accretive sale of 36% stake in CHOPS. We remain positive on Genesis Energy outlook.

During the last session, Genesis Energy L.P. (NYSE:GEL)s traded shares were 0.49 million, with the beta value of the company hitting 2.47. At the end of the trading day, the stocks price was $11.18, reflecting an intraday loss of -2.53% or -$0.29. The 52-week high for the GEL share is $13.48, that puts it down How Could You Make A Quick Recovery From Genesis Energy L.P. (NYSE: GEL) Given A -34.17% Drop From Highs? Read More »

Shares of Genesis Energy, L.P. (NYSE:GEL) fell 5.3% during trading on Wednesday . The stock traded as low as $11.35 and last traded at $11.38. 16,123 shares were traded during mid-day trading, a decline of 98% from the average session volume of 916,795 shares. The stock had previously closed at $12.02. Several research firms have []