📊 GEL Key Takeaways
Is Genesis Energy LP (GEL) a Good Investment?
Genesis Energy LP faces severe profitability challenges with a -27.0% net margin and -$440.4M net loss despite 715.9% revenue growth, indicating poor cost control or one-time charges. While operating metrics show positive signs (15.8% operating margin, 20.2x interest coverage), the company's liquidity position is critically strained with a 0.98x current ratio and minimal cash reserves of $6.4M against substantial debt obligations.
Genesis Energy shows improving operating performance, with strong reported revenue growth, solid operating margin, positive operating cash flow, and positive free cash flow. However, the partnership still carries a large net loss, very high debt, minimal cash on hand, and tight liquidity, which materially weaken overall financial quality. The fundamentals suggest a business with operational progress but balance-sheet risk that keeps the outlook neutral rather than clearly attractive.
Why Buy Genesis Energy LP Stock? GEL Key Strengths
- Strong revenue growth of 715.9% year-over-year demonstrates substantial top-line expansion
- Solid operating margin of 15.8% and operating income of $258.2M indicate core business operations are generating profits
- Healthy interest coverage ratio of 20.2x suggests adequate debt servicing capability despite high leverage
- Positive free cash flow of $65.9M provides some operational cash generation capacity
- Strong top-line growth and a 15.8% operating margin indicate better core operating momentum
- Positive operating cash flow of $252.83M and free cash flow of $65.94M support internal funding capacity
- High reported interest coverage of 20.2x suggests current earnings can support interest obligations
GEL Stock Risks: Genesis Energy LP Investment Risks
- Severe net loss of -$440.4M creating negative net margin of -27.0% raises concerns about operational efficiency or significant one-time charges
- Critical liquidity position with current ratio of 0.98x and only $6.4M in cash against $3.0B long-term debt and $4.2B total liabilities
- High leverage with debt representing 86% of total assets leaves minimal equity cushion and limited financial flexibility
- Negative ROA of -9.1% indicates poor asset utilization despite large asset base of $4.9B
- Net margin of -27.0% and a $440.40M net loss show earnings remain weak despite positive operating income
- Long-term debt of $3.05B and total liabilities of $4.15B create significant leverage risk
- Cash of just $6.44M with a current ratio of 0.98x points to limited liquidity flexibility
Key Metrics to Watch
- Quarterly net income trend to determine if losses are temporary or structural
- Cash flow generation sustainability and capital expenditure requirements relative to operating cash flow
- Debt refinancing needs and covenants given high leverage and thin liquidity buffer
- Net income improvement relative to operating income
- Free cash flow after capital expenditures
Genesis Energy LP (GEL) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 4.0% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
GEL Profit Margin, ROE & Profitability Analysis
GEL vs Energy Sector: How Genesis Energy LP Compares
How Genesis Energy LP compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Genesis Energy LP Stock Overvalued? GEL Valuation Analysis 2026
Based on fundamental analysis, Genesis Energy LP has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Genesis Energy LP Balance Sheet: GEL Debt, Cash & Liquidity
GEL Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Genesis Energy LP's revenue has declined by 31% over the 5-year period, indicating business contraction. The most recent EPS of $0.22 reflects profitable operations.
GEL Revenue Growth, EPS Growth & YoY Performance
GEL Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $397.3M | $9.2M | $-0.05 |
| Q2 2025 | $377.3M | -$406.0K | $-0.12 |
| Q1 2025 | $398.3M | $11.4M | $-0.09 |
| Q3 2024 | $714.3M | -$14.6M | $0.29 |
| Q2 2024 | $756.3M | $2.6M | $0.01 |
| Q1 2024 | $770.1M | -$1.6M | $-0.09 |
| Q3 2023 | $721.2M | $3.4M | $-0.12 |
| Q2 2023 | $721.7M | $30.1M | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Genesis Energy LP Dividends, Buybacks & Capital Allocation
GEL SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Genesis Energy LP (CIK: 0001022321)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775162004.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775161963.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775161921.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775161868.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775161797.xml | View → |
❓ Frequently Asked Questions about GEL
What is the AI rating for GEL?
Genesis Energy LP (GEL) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are GEL's key strengths?
Claude: Strong revenue growth of 715.9% year-over-year demonstrates substantial top-line expansion. Solid operating margin of 15.8% and operating income of $258.2M indicate core business operations are generating profits. ChatGPT: Strong top-line growth and a 15.8% operating margin indicate better core operating momentum. Positive operating cash flow of $252.83M and free cash flow of $65.94M support internal funding capacity.
What are the risks of investing in GEL?
Claude: Severe net loss of -$440.4M creating negative net margin of -27.0% raises concerns about operational efficiency or significant one-time charges. Critical liquidity position with current ratio of 0.98x and only $6.4M in cash against $3.0B long-term debt and $4.2B total liabilities. ChatGPT: Net margin of -27.0% and a $440.40M net loss show earnings remain weak despite positive operating income. Long-term debt of $3.05B and total liabilities of $4.15B create significant leverage risk.
What is GEL's revenue and growth?
Genesis Energy LP reported revenue of $1.6B.
Does GEL pay dividends?
Genesis Energy LP does not currently pay dividends.
Where can I find GEL SEC filings?
Official SEC filings for Genesis Energy LP (CIK: 0001022321) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is GEL's EPS?
Genesis Energy LP has a diluted EPS of $-4.19.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is GEL a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Genesis Energy LP has a SELL rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is GEL stock overvalued or undervalued?
Valuation metrics for GEL: ROE of N/A (sector avg: 14%), net margin of -27.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy GEL stock in 2026?
Our dual AI analysis gives Genesis Energy LP a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is GEL's free cash flow?
Genesis Energy LP's operating cash flow is $252.8M, with capital expenditures of $186.9M. FCF margin is 4.0%.
How does GEL compare to other Energy stocks?
Vs Energy sector averages: Net margin -27.0% (avg: 12%), ROE N/A (avg: 14%), current ratio 0.98 (avg: 1.3).