Marine Transportation
Search documents
Genesis Energy(GEL) - 2025 Q4 - Earnings Call Presentation
2026-02-12 15:00
Genesis Energy, L.P. 4Q 2025 Earnings Supplement February 12, 2026 2.60 1.80 2.15 3.30 3.75 5.10 4.50 - logo 0.15 0.15 5.10 Forward-Looking Statements This presentation includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, we can give no assurance that our goals will be achieved. Actual results may vary materially. All statements, other than statements of historical facts, included in this press release that address ...
Genesis Energy(GEL) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:43
Strategic Decisions & Financial Performance - Genesis Energy successfully exited its soda ash business for $1425 billion, receiving ~$1 billion in net proceeds[6, 9] - The transaction significantly reduced annual cash costs by >$120 million[9] - Reported Adjusted EBITDA of $1317 million in the first quarter[9] - The company maintains a clear path to Adjusted EBITDA growth in 2025 and increasing cash flow[9] Offshore Pipeline Transportation - Shenandoah and Salamanca developments remain on schedule for first oil in mid-2025, with a combined capacity of ~200k/d[9] - A new 105-mile SYNC pipeline connecting to Shenandoah FPS is in progress, with commissioning scheduled for late-May 2025[9] - Offshore Pipeline Transportation segment margin was $76548 thousand in 1Q 2025[14] Capital Allocation & Credit Profile - Annual cash costs to run the business are ~$425 - $450 million per year[9] - The company has a credit facility with $800 million in commitments[9] - The leverage ratio was 549x at the end of the first quarter, with a target of maintaining it at or near 40x[9, 14]