|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.05 - 20.96|
|52 Week Range||18.84 - 33.52|
|PE Ratio (TTM)||41.32|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||2.04 (10.24%)|
|1y Target Est||27.50|
The Federal Energy Regulatory Commission announced March 15 that it will change a policy regarding master limited partnerships' tax benefits. MLPs for interstate natural gas and oil pipelines will no longer be allowed to “recover an income tax allowance in cost-of-service rates,” according to a press release . The change was spurred by an appeals court decision in United Airlines Inc. v. FERC that said FERC failed to demonstrate that a pipeline operator was not receiving “double recovery” of “both an income tax allowance and a return on equity determined by the discounted cash flow methodology,” per the release.
Genesis Energy, L.P. would like to make the following two points, which are based upon the analysis of its recently released fourth quarter of 2017 financial results:
I am going to run you through how I calculated the intrinsic value of Genesis Energy Limited (NZSE:GNE) using the discounted cash flow (DCF) method. Anyone interested in learning aRead More...
For investors with a long-term horizon, examining earnings trend over time and against industry peers is more insightful than looking at an earnings announcement in one point in time. InvestorsRead More...
Genesis Energy, L.P. announced today that Grant Sims, CEO, will participate in the Barclays Select Series: MLP Corporate Access Days on February 27, 2018 and February 28, 2018 being held in New York.
Genesis Energy, L.P. today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 with the Securities and Exchange Commission.
Genesis Energy LP (NYSE:GEL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
DALLAS , Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017 . Linked products include exchange-traded funds, exchange-traded notes, return ...
Genesis Energy, L.P. today announced that the 2017 tax packages, including Schedule K-1s, are now available online. They may be accessed through the K-1 Partner Relations support website www.PartnerDataLink.com/Genesis or through the Quick Link on the Home page at www.genesisenergy.com.
NEW YORK, Feb. 20, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of RealPage, ...
After reading Genesis Energy Limited’s (NZSE:GNE) most recent earnings announcement (31 December 2017), I found it useful to look back at how the company has performed in the past andRead More...
Given the energy industry’s dependence on commodity prices, the sector tends to be cyclical and profitability can be highly variable. However, as oil rebounded from its multi-year lows, certain energyRead More...
Genesis Energy, L.P. will announce its earnings for the fourth quarter and year ended December 31, 2017 on February 15, 2018, before the market opens.
Houston-based midstream operator Genesis Energy LP (GEL) has said it will buy out $145 million in debt in the middle of next month. The company plans to redeem the remaining notes from among the $350 million aggregate principal volume that was to be due in 2021, according to a filing with the U.S. Securities and Exchange Commission. Genesis is using part of the proceeds from a previous $450 million debt offering, which reaches maturity in 2026, that it closed in December to close out its 2021 notes, though, according to the filing, so the combined effect of those two events doesn’t net the company a reduction in debt.
The S&P 500 Index continued its blistering start to the year, reaching a new record high last week. The stock market is being propelled by building optimism about the economy’s growth and the expected benefits from the tax cut bill. News of higher dividends from several companies didn’t hurt spirits either.
Genesis Energy, L.P. today announced that it has called for redemption the remaining $145,170,000 of the original $350 million aggregate principal amount of its outstanding 5.750% senior notes due 2021 .
Genesis Energy, L.P. announced today that, on January 10, 2018, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended December 31, 2017.
In June 2017, Genesis Energy Limited (NZSE:GNE) released its latest earnings announcement, which indicated that the company faced a significant headwind with earnings declining by -35.56%. Below, I’ve presented keyRead More...
The cyclicality of the energy industry makes it hard for income investors to find high yielding stocks. However, as oil prices recover from lows in 2014, energy stocks have benefitedRead More...
Investors looking to jump into MLPs may want to get into the seven stocks I’m about to highlight – all of which yield between 5% and 8% – before they up the ante on their regular payouts.
With an ROE of 5.98%, Genesis Energy Limited (NZSE:GNE) outpaced its own industry which delivered a less exciting 5.56% over the past year. On the surface, this looks fantastic sinceRead More...