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Genesis Energy Lp

Genesis Energy, Ltd. is a master limited partnership (MLP) that operates in the midstream segment of the oil and gas industry in the United States. The company primarily focuses on the transportation, processing, and storage of natural gas, natural gas liquids (NGLs), and crude oil. Genesis Energy's stock trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEL."

Here is some general information on Genesis Energy's historical performance, earnings, and growth:

1. Historical Performance: Genesis Energy's stock price has experienced significant volatility over the past five years. The stock price has ranged from a low of around $9 in March 2020 to a high of around $33 in July 2014. Over the past five years, However, the stock has underperformed the S&P 500 index, which has appreciated by around 63% compared to Genesis Energy's 29% decline during the same period.

2. Earnings: Genesis Energy's earnings have been volatile over the past few years. The company's distributable cash flow (DCF) has declined from $251 million in 2017 to $151 million in 2020. This decline was driven by lower volumes of crude oil and NGLs transportation and the challenging market conditions caused by the COVID-19 pandemic. However, the company's distribution coverage ratio has remained above 1.0x, indicating that Genesis Energy's distributable cash flow covers its distributions to unitholders.

3. Growth: Genesis Energy has been actively pursuing growth opportunities in its core business segments. The company has made several acquisitions and investments in recent years, including the acquisition of the offshore pipeline systems from Tallgrass Energy and the acquisition of certain natural gas processing assets in the Delaware Basin. These acquisitions and investments are expected to drive Genesis Energy's growth in the long term.

It is important to note that investing in the stock market always carries risks, and past performance is not a guarantee of future results. It is recommended that investors conduct their due diligence and consult with a financial advisor before making any investment decisions.