Genesis Energy (GEL) Misses Q2 EPS by 49c

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Genesis Energy, L.P. Reports Second Quarter 2021 Results

August 4, 2021 6:00 AM EDT

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

We generated the following financial results for the second quarter of 2021:

Net Loss Attributable to Genesis Energy, L.P. of $41.7 million for the second quarter of 2021 compared to Net Loss Attributable to Genesis Energy, L.P. of $326.7 million for the same period in 2020, which was inclusive of non-cash impairment charges of $277.5 million. Cash Flows from Operating Activities of $111.0 million for the second quarter of 2021 compared to $62.6 million for... More