Genesis Energy (NYSE:GEL) SVP Acquires $201,635.60 in Stock

Posted by Stanley Muller on May 22nd, 2026

Genesis Energy, L.P. (NYSE:GEL – Get Free Report) SVP Garland Gaspard acquired 12,340 shares of the stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of $16.34 per share, for a total transaction of $201,635.60. Following the acquisition, the senior vice president owned 36,881 shares in the company, valued at $602,635.54. The trade was a 50.28% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Genesis Energy Price Performance

NYSE GEL opened at $16.40 on Friday. The company has a market cap of $2.01 billion, a P/E ratio of -86.30 and a beta of 0.69. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 25.62. Genesis Energy, L.P. has a 1 year low of $14.55 and a 1 year high of $18.64. The company has a fifty day simple moving average of $17.17 and a 200 day simple moving average of $16.70.

Genesis Energy (NYSE:GEL – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The pipeline company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.22). The firm had revenue of $446.56 million for the quarter, compared to the consensus estimate of $446.56 million. Genesis Energy had a net margin of 2.11% and a return on equity of 23.65%. The firm’s revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the company earned ($4.06) earnings per share.

Genesis Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were issued a $0.18 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $0.72 dividend on an annualized basis and a yield of 4.4%. Genesis Energy’s dividend payout ratio is -378.95%.

Hedge Funds Weigh In On Genesis Energy

Hedge funds have recently added to or reduced their stakes in the stock. Fulcrum Asset Management LLP bought a new position in Genesis Energy during the 3rd quarter worth approximately $26,000. Kestra Advisory Services LLC acquired a new position in shares of Genesis Energy during the fourth quarter worth about $30,000. Geneos Wealth Management Inc. bought a new position in shares of Genesis Energy during the 2nd quarter worth approximately $49,000. CWM LLC increased its stake in Genesis Energy by 126.5% in the 3rd quarter. CWM LLC now owns 3,106 shares of the pipeline company’s stock valued at $52,000 after buying an additional 1,735 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Genesis Energy in the first quarter valued at about $108,000. Institutional investors and hedge funds own 66.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Genesis Energy from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. Weiss Ratings upgraded Genesis Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.00.

Get Our Latest Analysis on GEL

About Genesis Energy

(Get Free Report)

Genesis Energy LP (NYSE: GEL) is a publicly traded master limited partnership headquartered in Houston, Texas, that owns and operates a diversified portfolio of energy infrastructure assets in the United States. The company’s primary focus is on the transportation, storage and delivery of refined petroleum products, serving major domestic markets across the Gulf Coast, Atlantic Seaboard and inland waterway systems.

Genesis Energy’s operations are organized into several key business segments.