Genesis Energy (GEL) Reports Q3 Loss of $0.15, Revenues Beat

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RBC Capital Upgrades Genesis Energy LP (GEL) to Outperform

November 2, 2018 4:54 AM EDT

RBC Capital analyst TJ Schultz upgraded Genesis Energy LP (NYSE: GEL) from Sector Perform to Outperform with a price target of $29.00 (from $26.00).

The analyst sees the Q3 report as an inflection point and says 2019/2020 CF growth coinciding with moderate CapEx can drive the ability... More