Genesis Energy posts Q3 attributable net income of $9.2 mln

Genesis Energy LP

30/10/2025 10:15

Overview

Genesis Energy LP Q3 net income attributable of $9.2 mln, reversing a loss from last year

Revenue for Q3 2025 was $414 mln, showing modest growth from last year

Adjusted EBITDA for Q3 2025 was $132 mln, reflecting stable operational performance

Outlook

Genesis Energy expects full-year 2025 Adjusted EBITDA slightly below $545 mln

Company anticipates higher Adjusted EBITDA and free cash flow in 2026

Genesis plans to reduce debt and evaluate increasing distributions

Result Drivers

OFFSHORE PIPELINE PERFORMANCE - Strong performance driven by favorable conditions and new Shenandoah and Salamanca developments, per CEO Grant Sims

MARINE TRANSPORTATION CHALLENGES - Segment faced challenges in Q3 but showed improvement by September, per CEO Grant Sims

ONSHORE TRANSPORTATION STEADY - Increased throughput volumes contributed to stable performance in Q3

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$414 mln
Q3 Net Income
$22.77 mln
Q3 Adjusted EBITDA
$132 mln
Q3 Operating Income
$78.59 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Genesis Energy LP is $19.00, about 15.9% above its October 29 closing price of $15.98

Press Release: ID:nBw6tslnZa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)