$0.18 EPS Expected for Genesis Energy, L.P. (GEL)

July 27, 2018 - By Robert Shackelford

Genesis Energy, L.P. (NYSE:GEL) LogoInvestors sentiment decreased to 0.9 in 2018 Q1. Its down 0.10, from 1 in 2017Q4. It dropped, as 18 investors sold Genesis Energy, L.P. shares while 41 reduced holdings. 13 funds opened positions while 40 raised stakes. 85.91 million shares or 1.88% less from 87.56 million shares in 2017Q4 were reported.
Moreover, Oppenheimer Asset Mngmt has 0.01% invested in Genesis Energy, L.P. (NYSE:GEL) for 20,997 shares. Moreover, Cv Starr Com Incorporated has 2.82% invested in Genesis Energy, L.P. (NYSE:GEL). Tortoise Advsrs Ltd Liability owns 47,510 shares for 0% of their portfolio. Peak6 Invs Ltd Partnership has 177,697 shares. Selz Limited Liability Corp accumulated 345,000 shares. Moreover, Cadence Mngmt Ltd Llc has 0.2% invested in Genesis Energy, L.P. (NYSE:GEL). Mai Capital Management holds 0.2% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 178,424 shares. Bb&T Securities Limited Liability Company holds 36,956 shares or 0.01% of its portfolio. Cincinnati Insurance Communications invested in 60,879 shares or 0.04% of the stock. Jnba holds 0.01% or 1,000 shares in its portfolio. Starr Intl Com Inc has invested 0.19% in Genesis Energy, L.P. (NYSE:GEL). Asset holds 86,829 shares. Architects invested 0.01% in Genesis Energy, L.P. (NYSE:GEL). 890 were accumulated by Botty Ltd Liability. First Tru Advisors L P invested in 360,048 shares.

Since February 9, 2018, it had 1 insider buy, and 1 sale for $235,600 activity. 12,525 shares valued at $249,999 were bought by Flynn Edward T on Friday, March 2.

Analysts expect Genesis Energy, L.P. (NYSE:GEL) to report $0.18 EPS on August, 1.They anticipate $0.10 EPS change or 35.71 % from last quarter’s $0.28 EPS. GEL’s profit would be $22.07 million giving it 32.35 P/E if the $0.18 EPS is correct. After having $0.22 EPS previously, Genesis Energy, L.P.’s analysts see -18.18 % EPS growth. The stock increased 0.56% or $0.13 during the last trading session, reaching $23.29. About 609,781 shares traded or 14.39% up from the average. Genesis Energy, L.P. (NYSE:GEL) has declined 32.24% since July 27, 2017 and is downtrending. It has underperformed by 44.81% the S&P500.

Genesis Energy, L.P. (NYSE:GEL) Ratings Coverage

Among 4 analysts covering Genesis Energy LP (NYSE:GEL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Genesis Energy LP has $38 highest and $23 lowest target. $28.75’s average target is 23.44% above currents $23.29 stock price. Genesis Energy LP had 5 analyst reports since February 16, 2018 according to SRatingsIntel. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Hold” rating by RBC Capital Markets on Friday, February 16. The rating was maintained by UBS with “Buy” on Friday, March 2. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Buy” rating by Robert W. Baird on Friday, February 16. Barclays Capital maintained it with “Equal-Weight” rating and $23 target in Tuesday, April 17 report. Barclays Capital maintained Genesis Energy, L.P. (NYSE:GEL) rating on Wednesday, July 11. Barclays Capital has “Equal-Weight” rating and $24 target.

Genesis Energy, L.P. operates in the midstream segment of the natural gas and crude oil industry. The company has market cap of $2.86 billion. It operates through four divisions: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. It has a 115.3 P/E ratio. The Offshore Pipeline Transportation segment engages in the pipeline transportation and processing of natural gas and crude oil.

Another recent and important Genesis Energy, L.P. (NYSE:GEL) news was published by Businesswire.com which published an article titled: “Genesis Energy, LP Declares Quarterly Distribution” on July 17, 2018.

Genesis Energy, L.P. (NYSE:GEL) Institutional Positions Chart

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