Genesis Energy, L.P. Reports Second Quarter 2016 Results
BusinessWire - Wed Aug 03, 5:00AM CDT
Genesis Energy, L.P. (NYSE:GEL) today announced its second quarter results.
GEL: 34.40 (-1.15)
How These Basic Materials Stocks are Performing? -- QEP Resources, Spectra Energy, Genesis Energy, and Gulfmark Offshore
PR Newswire - Mon Aug 01, 6:55AM CDT
Stock-Callers.com attention is directed to four Basic Materials equities this morning, namely: QEP Resources Inc. (NYSE: QEP), Spectra Energy Corp. (NYSE: SE), Genesis Energy L.P. (NYSE: GEL), and Gulfmark Offshore Inc. (NYSE: GLF). On July 21st, 2016, research firm Charles Schwab reiterated its "Market Perform" industry rating to the basic materials space despite a weak start to the year, declining commodity prices, and lower demand in China. Register now and get full and free access to our downloadable research reports on these stocks at:
SE: 36.72 (+0.26), QEP: 18.18 (-0.11), GLF: 2.75 (-0.11), GEL: 34.40 (-1.15), SCHW: 28.25 (-0.14)
Upgrade Alert for Genesis Energy (GEL)
Comtex SmarTrend(R) - Tue Jul 19, 3:56AM CDT
Genesis Energy (AMEX:GEL) was upgraded from Market Perform to Outperform at Wells Fargo today. The stock closed yesterday at $40.10 on volume of 588,000 shares, above average daily volume of 549,000. There is potential upside of 33.3% for shares of Genesis Energy based on a current price of $40.10 and an average consensus analyst price target of $53.44. The stock should discover initial support at its 200-day moving average (MA) of $35.50 and subsequent support at its 50-day MA of $30.09.
GEL: 34.40 (-1.15)
Genesis Energy Shares Up 41.3% Since SmarTrend's Buy Recommendation (GEL)
Comtex SmarTrend(R) - Mon Jun 20, 12:50PM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 4 months, Genesis Energy has returned 41.25% as of today's recent price of $37.99.
GEL: 34.40 (-1.15)
Shares of GEL Up 45.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Jun 10, 12:50PM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 3 months, Genesis Energy has returned 45.16% as of today's recent price of $39.04.
GEL: 34.40 (-1.15)
Ferrellgas (FGP) Stock Down on Q3 Earnings & Revenue Miss
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:21AM CDT
Ferrellgas Partners LP (FGP) reported third-quarter fiscal 2016 adjusted earnings of 19 cents per unit, significantly below the Zacks Consensus Estimate of 47 cents.
GLP: 13.35 (-0.27), GEL: 34.40 (-1.15), FGP: 19.78 (+0.28), SUN: 29.14 (-1.76)
Ferrellgas Partners (FGP): What's in Store for Q3 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:22AM CDT
Ferrellgas Partners LP (FGP) is scheduled to report third-quarter fiscal 2016 results on Jun 8, after the market closes.
MEP: 7.65 (-0.13), GEL: 34.40 (-1.15), FGP: 19.78 (+0.28), CVRR: 6.09 (-0.03)
Genesis Energy, L.P. to Present at the Bank of America Merrill Lynch Energy Credit Conference
BusinessWire - Mon Jun 06, 1:00PM CDT
Genesis Energy, L.P. (NYSE:GEL) announced today that Bob Deere, CFO, will speak at the Bank of America Merrill Lynch Energy Credit Conference being held June 7-8, 2016 in New York, New York. Mr. Deere will discuss Genesis Energy's performance, growth strategies and financial objectives.
GEL: 34.40 (-1.15)
Genesis Energy Up 48.7% Since SmarTrend Uptrend Call (GEL)
Comtex SmarTrend(R) - Fri Jun 03, 12:15AM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 3 months, Genesis Energy has returned 48.73% as of today's recent price of $40.00.
GEL: 34.40 (-1.15)
Genesis Energy, L.P. to Present at MLPA Investor Conference
BusinessWire - Wed Jun 01, 5:01AM CDT
Genesis Energy, L.P. (NYSE:GEL) announced today that Grant E. Sims, CEO, will make a scheduled presentation at 2016 MLP Investor Conference sponsored by the Master Limited Partnership Association (MLPA). The conference is being held in Orlando, FL on June 1-3, 2016. Mr. Sims' presentation will begin at 4:00 p.m. (EDT) on Thursday, June 2, 2016.
GEL: 34.40 (-1.15)
Genesis Energy Has Returned 42.0% Since SmarTrend Recommendation (GEL)
Comtex SmarTrend(R) - Thu May 26, 12:51PM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 3 months, Genesis Energy has returned 42.01% as of today's recent price of $38.19.
GEL: 34.40 (-1.15)
Genesis Energy Shares Up 36.1% Since SmarTrend's Buy Recommendation (GEL)
Comtex SmarTrend(R) - Thu May 19, 12:23AM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 3 months, Genesis Energy has returned 36.12% as of today's recent price of $36.61.
GEL: 34.40 (-1.15)
Genesis Energy, L.P. Reports First Quarter 2016 Results
BusinessWire - Wed May 04, 5:00AM CDT
Genesis Energy, L.P. (NYSE:GEL) today announced its first quarter results. Our results for the quarter ended March 31, 2016 included the following items:
GEL: 34.40 (-1.15)
Genesis Energy, L.P. Expands its Credit Facility to $1.7 Billion
BusinessWire - Thu Apr 28, 9:30AM CDT
Genesis Energy, L.P. (NYSE:GEL) today announced an increase in the total commitments under its senior secured credit facility to $1.7 billion (from $1.5 billion).The facility includes an accordion feature allowing an increase in total commitments by an additional $300 million, subject to lender approval. In connection with this upsizing, the lenders unanimously agreed to a total leverage covenant of 5.5 times through the maturity date of July 28, 2019.
GEL: 34.40 (-1.15)
22.7% Return Seen to Date on SmarTrend Genesis Energy Call (GEL)
Comtex SmarTrend(R) - Thu Apr 28, 1:02AM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 2 months, Genesis Energy has returned 22.74% as of today's recent price of $33.01.
GEL: 34.40 (-1.15)
Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call
BusinessWire - Tue Apr 26, 5:00AM CDT
Genesis Energy, L.P. (NYSE:GEL) will announce its earnings for the first quarter ended March 31, 2016 on May 4, 2016, before the market opens.
GEL: 34.40 (-1.15)
30.5% Return Seen to Date on SmarTrend Genesis Energy Call (GEL)
Comtex SmarTrend(R) - Wed Apr 20, 1:32PM CDT
SmarTrend identified an Uptrend for Genesis Energy (AMEX:GEL) on March 3rd, 2016 at $26.90. In approximately 2 months, Genesis Energy has returned 30.47% as of today's recent price of $35.09.
GEL: 34.40 (-1.15)
Genesis Energy, L.P. Increases Quarterly Distribution
BusinessWire - Wed Apr 13, 5:00AM CDT
Genesis Energy, L.P. (NYSE: GEL) announced today that it will pay a regular quarterly distribution of $0.6725 per Common Unit for the quarter ended March 31, 2016. The distribution will be paid on May 13, 2016, to Common Unitholders of record at the close of business on April 29, 2016. This distribution represents an increase of approximately 10.2% over the first quarter 2015 quarterly distribution of $0.61 per unit, and an approximate 2.7% increase over the distribution paid with respect to the fourth quarter of 2015. This is the forty-third consecutive quarter in which Genesis has increased its quarterly distribution. During this period, thirty-eight of those quarterly increases have been 10% or greater year-over-year.
GEL: 34.40 (-1.15)
Alerian Announces Real-Time Launch of the Alerian Size Indices
PR Newswire - Mon Mar 21, 11:52AM CDT
Alerian announced today the real-time launch of the Alerian Size Indices, composed of the Alerian Large Cap MLP Index (AMLI), Alerian Mid Cap MLP Index (AMMI), and Alerian Small Cap MLP Index (AMSI). The three indices, which will be disseminated real-time on a price-return basis and on a total-return basis, will capture more than 99% of total energy Master Limited Partnership (MLP) market capitalization.
ARLP: 19.00 (-0.35), ARCX: 15.57 (-0.50), PSXP: 50.88 (-0.93), MPLX: 32.16 (-0.84), SPH: 34.26 (+0.44), BBEP: 0.13 (unch), EEP: 23.46 (unch), CVRR: 6.09 (-0.03), TEGP: 23.30 (-0.44), DM: 26.85 (-0.55), VLP: 41.75 (-0.48), APU: 48.80 (+0.19), OKS: 40.04 (-0.82), WPZ: 35.95 (-0.95), SUN: 29.14 (-1.76), APLP: 13.72 (+0.43), HEP: 34.14 (-0.35), ENBL: 13.04 (+0.01), BWP: 16.69 (+0.07), BSM: 15.77 (+0.06), SEP: 48.20 (+0.10), CPPL: 14.31 (-0.14), ETE: 16.25 (-0.57), GEL: 34.40 (-1.15), BKEP: 5.84 (-0.04), BPL: 70.92 (-0.32), AMID: 11.27 (+0.02), WES: 49.22 (-0.59), CLMT: 4.51 (-0.16), AM: 25.04 (-0.38), EPD: 27.02 (-0.28), SXL: 29.63 (-0.52), CEQP: 20.53 (-0.35), TNH: 106.62 (+0.60), NS: 49.23 (-0.16), PAA: 27.17 (-0.41), TEP: 46.72 (-1.25), ETP: 41.03 (-1.50), AHGP: 25.23 (+0.01), DPM: 32.64 (-0.63), FGP: 19.78 (+0.28), TLLP: 45.92 (-1.39), MMP: 69.74 (-0.22), CQP: 26.82 (-0.06), CCLP: 8.58 (-0.04), CNNX: 16.68 (-0.34), SHLX: 30.86 (-0.40), ENLC: 15.89 (-0.04), TCP: 53.37 (+0.04), ENLK: 17.05 (-0.28), PAGP: 10.61 (-0.18), CNXC: 13.77 (-0.32), WGP: 36.43 (-0.40), ALDW: 9.70 (+0.09), CAPL: 23.54 (-0.57), EQM: 77.27 (-0.89), NTI: 21.15 (+0.23), EQGP: 24.69 (-0.31)