Genesis Energy (GEL) Posts Q4 Loss of $0.01/Share

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Go back to Genesis Energy (GEL) Posts Q4 Loss of $0.01/Share

Genesis Energy, L.P. Reports Fourth Quarter 2017 Results

February 15, 2018 6:00 AM EST

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

Certain highlights of our results for the quarter ended December 31, 2017 included the following items:

-We continue to integrate our recently acquired soda ash operations and performance continues to exceed our expectations.

-We obtained long-term commitments from a leading operator for the production from approximately 300,000 acres for downstream transportation on our existing infrastructure in the emerging Powder River Basin.

-We effectively extended the term for $350 million of our outstanding notes to 2026 (from 2021) through... More