Genesis Energy (GEL) Misses Q2 EPS by 15c

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Genesis Energy, L.P. Reports Second Quarter 2016 Results

August 3, 2016 6:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Genesis Energy, L.P. (NYSE: GEL) today announced its second quarter results.

Certain highlights of our results for the quarter ended June 30, 2016 included the following items:

We reported the following results for the second quarter of 2016 compared to the same quarter in 2015, which improved results were primarily attributable to our acquisition on July 24, 2015 of the offshore pipelines and services business of Enterprise Products Partners, L.P. and its affiliates (our Enterprise acquisition): Net Income Attributable to Genesis Energy, L.P. of $23.7 million,... More