NYSE:GELOil and Gas
Assessing Genesis Energy (GEL) Valuation After Strong Q4 Earnings And Distribution Increase
Genesis Energy (GEL) has come back into focus after reporting stronger than expected fourth quarter earnings. The results were supported by offshore pipeline transportation growth, better margins, and a 9.1% increase in its quarterly common unit distribution.
See our latest analysis for Genesis Energy.
At a share price of $17.66, Genesis Energy has paired its stronger than expected fourth quarter earnings and higher distribution with positive momentum, including a 15.5% 90 day share price...