Genesis Energy (GEL) Misses Q4 EPS by 80c, Revenues Beat

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Genesis Energy, L.P. Reports Fourth Quarter 2020 Results

February 18, 2021 6:10 AM EST

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

We generated the following financial results for the fourth quarter of 2020:

Net Loss Attributable to Genesis Energy, L.P. of $85.2 million for the fourth quarter of 2020, compared to Net Income Attributable to Genesis Energy, L.P. of $22.4 million for the same period in 2019.

Cash Flows from Operating Activities of $1.1 million for the fourth quarter of 2020 compared to $50.6 million for the same period in 2019.

Total Segment Margin in the... More