NYSE:GELOil and Gas
Are Genesis Energy's (GEL) Q2 Losses Hinting at a Shift in Resilience or Strategy?
Genesis Energy, L.P. recently reported its second-quarter 2025 results, revealing revenue of US$377.35 million and a net loss of US$406,000, with additional presentations at Citi’s Natural Resources Conference in Las Vegas.
An interesting highlight is that while quarterly net losses narrowed compared to last year, the first half of 2025 saw a significant shift from profit to a substantial loss on sharply lower revenues.
With quarterly losses improving but a wider loss for the first half,...