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Genesis Energy Lp

Genesis Energy, L.P. is a master limited partnership (MLP) that operates in the midstream segment of the oil and gas industry in the United States. The company was founded in 1996 and is headquartered in Houston, Texas.

Genesis Energy's operations are primarily focused on the transportation, processing, and storage of crude oil and natural gas, as well as the production of natural gas liquid (NGL) products. The company's operations are organized into three segments: offshore pipeline transportation, sodium minerals and oilfield services, and onshore pipeline transportation and services.

The offshore pipeline transportation segment includes a network of pipelines and related facilities that transport crude oil and natural gas from offshore production platforms and other locations to receiving terminals and refineries.

The sodium minerals and oilfield services segment is engaged in the mining and processing of natural sodium minerals and the provision of oilfield services, including well intervention services and fluid handling services.

The onshore pipeline transportation and services segment includes a network of pipelines and related facilities that transport crude oil and natural gas from production areas to receiving terminals, refineries, and other pipeline networks.

Genesis Energy's common units are traded on the NYSE under the ticker symbol "GEL". As of February 2023, the company has a market capitalization of approximately $2.3 billion and approximately 117.2 million common units outstanding. The company's financial performance is affected by a variety of factors, including commodity prices, supply and demand dynamics in the energy industry, and economic conditions.