Genesis Energy
Market Cap
US$734.2m
Last Updated
2021/01/23 23:02 UTC
Data Sources
Company Financials +
Executive Summary
Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Genesis Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GEL is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: GEL's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-8.1%
GEL
-1.9%
US Oil and Gas
2.3%
US Market
1 Year Return
-69.9%
GEL
-24.8%
US Oil and Gas
23.8%
US Market
Return vs Industry: GEL underperformed the US Oil and Gas industry which returned -24.8% over the past year.
Return vs Market: GEL underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| GEL | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.1% | -1.9% | 2.3% |
| 30 Day | -8.6% | 10.4% | 4.8% |
| 90 Day | 22.0% | 34.9% | 14.5% |
| 1 Year | -66.4%-69.9% | -19.8%-24.8% | 26.6%23.8% |
| 3 Year | -67.8%-76.3% | -34.3%-43.2% | 45.0%35.4% |
| 5 Year | -67.0%-78.9% | -6.4%-24.3% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Genesis Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Is Genesis Energy LP's (NYSE:GEL) Balance Sheet A Threat To Its Future?2 years ago | Simply Wall St
Is Genesis Energy LP (NYSE:GEL) A Great Dividend Stock?2 years ago | Simply Wall St
Want To Invest In Genesis Energy LP (NYSE:GEL)? Here's How It Performed LatelyValuation
Is Genesis Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GEL ($5.99) is trading below our estimate of fair value ($26.47)
Significantly Below Fair Value: GEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GEL is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: GEL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEL is good value based on its PB Ratio (0.8x) compared to the US Oil and Gas industry average (1.2x).
Next Steps
Future Growth
How is Genesis Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
105.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: GEL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GEL's is expected to become profitable in the next 3 years.
Revenue vs Market: GEL's revenue (2.1% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: GEL's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GEL's Return on Equity is forecast to be low in 3 years time (16.6%).
Next Steps
Past Performance
How has Genesis Energy performed over the past 5 years?
-78.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEL is currently unprofitable.
Growing Profit Margin: GEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GEL is unprofitable, and losses have increased over the past 5 years at a rate of 78.5% per year.
Accelerating Growth: Unable to compare GEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GEL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-32.7%).
Return on Equity
High ROE: GEL has a negative Return on Equity (-15.47%), as it is currently unprofitable.
Next Steps
Financial Health
How is Genesis Energy's financial position?
Financial Position Analysis
Short Term Liabilities: GEL's short term assets ($516.6M) exceed its short term liabilities ($333.6M).
Long Term Liabilities: GEL's short term assets ($516.6M) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: GEL's debt to equity ratio (167.3%) is considered high.
Reducing Debt: GEL's debt to equity ratio has increased from 138.3% to 167.3% over the past 5 years.
Debt Coverage: GEL's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: GEL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Genesis Energy current dividend yield, its reliability and sustainability?
10.02%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GEL's dividend (10.02%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: GEL's dividend (10.02%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: GEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GEL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GEL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.3yrs
Average management tenure
CEO
Grant Sims (64 yo)
14.42yrs
Tenure
US$737,176
Compensation
Dr. Grant E. Sims has been the Chief Executive Officer of Genesis Energy LLC, the General Partner of Genesis Energy, L.P. since August 2006. Dr. Sims serves as the Chief Executive Officer of Genesis Marin...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD737.18K) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Grant's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO of Genesis Energy LLC | 14.42yrs | US$737.18k | 2.45% $ 18.0m | |
| Chief Financial Officer of Genesis Energy LLC | 12.25yrs | US$530.81k | 0.68% $ 5.0m | |
| Executive Vice President of Genesis Energy LLC | no data | US$1.51m | 0.058% $ 425.3k | |
| Vice President of Genesis Energy LLC | 6.17yrs | US$670.74k | 0.013% $ 92.8k | |
| Vice President of Genesis Energy LLC | 7.25yrs | US$595.02k | 0.024% $ 179.7k | |
| Vice President of Business Development & Investor Relations - Genesis Energy LLC | 1.83yrs | no data | no data | |
| Executive Officer & General Counsel of Genesis Energy LLC | 9.5yrs | no data | 0.045% $ 329.5k | |
| Senior Vice President of Finance & Corporate Development - Genesis Energy LLC | 4yrs | no data | 0.013% $ 97.7k | |
| Senior Vice President of Genesis Energy LLC | 4yrs | no data | 0.0064% $ 46.8k | |
| Senior VP & Controller of Genesis Energy LLC | 24.08yrs | US$578.92k | 0.12% $ 911.3k |
7.3yrs
Average Tenure
59yo
Average Age
Experienced Management: GEL's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO of Genesis Energy LLC | 14.42yrs | US$737.18k | 2.45% $ 18.0m | |
| Independent Director of Genesis Energy LLC | 7.5yrs | US$221.44k | 0.012% $ 89.9k | |
| Lead Independent Director of Genesis Energy LLC | 8.25yrs | US$236.02k | 0.12% $ 898.5k | |
| Independent Director of Genesis Energy LLC | 10.83yrs | US$246.02k | 0.24% $ 1.7m | |
| Director of Genesis Energy LLC | 13.5yrs | US$207.80k | 2.96% $ 21.7m | |
| Director of Genesis Energy LLC | 13.5yrs | US$207.80k | 4.42% $ 32.5m | |
| Independent Director of Genesis Energy LLC | 7.5yrs | US$223.44k | 0.027% $ 196.9k |
8.3yrs
Average Tenure
68yo
Average Age
Experienced Board: GEL's board of directors are considered experienced (8.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GEL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Genesis Energy, L.P.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Genesis Energy, L.P.
- Ticker: GEL
- Exchange: NYSE
- Founded: 1996
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: US$734.250m
- Shares outstanding: 122.58m
- Website: https://www.genesisenergy.com
Number of Employees
Location
- Genesis Energy, L.P.
- 919 Milam
- Suite 2100
- Houston
- Texas
- 77002
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GEL | NYSE (New York Stock Exchange) | Yes | Class A Common Units | US | USD | Nov 1996 |
| GE3 | DB (Deutsche Boerse AG) | Yes | Class A Common Units | DE | EUR | Nov 1996 |
Biography
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 pipeli...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:02 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.