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Genesis Energy GEL Offshore pipeline transportation — Operating Expenses

Other segment segments

Onshore Facilities and Transportation
$252.02M-6.4%
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$65.3M+7.8%
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Other financials

Income statement

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Revenue$532.0M+41.0%
Operating income$105.4M+55.7%
Net income$42.9M+10,656%
EPS (diluted)$0.26+317%

Balance sheet

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Cash & equivalents$39.3M+782%
Total debt$3.2B+3.1%
Total equity$127.7M-22.6%
Total assets$5.4B+11.9%

Cash flow

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Operating cash flow$180.7M+285%
CapEx$27.1M-50.4%
Free cash flow$153.7M+2,125%

Valuation

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Market cap$1.86B-10.0%
Enterprise value$5.02B-2.8%
P/E31.6×
P/S-0.3×

Profitability

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Operating margin19.1%+9.5pp
Net margin3.2%+1.7pp
FCF margin18.5%+13.9pp

Returns & leverage

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Return on equity40.2%+23.3pp
Debt / equity25.1×+6.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Genesis Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Genesis Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001022321-26-000023
Three Months Ended June 30, 2026Offshore pipeline transportationMarine transportationOnshore transportation and servicesTotal
External Customers$157,508$80,943$293,544$531,995
Intersegment Revenue(1)2,639(2,639)
Total revenues of reportable segments(2)$160,147$80,943$290,905$531,995
Segment Operating Expenses(41,904)(55,499)(65,296)(162,699)
Segment Product Costs(198,716)(198,716)
Other Segment Items(3)(2,618)2051,315(1,098)
Segment Margin(4)$115,625$25,649$28,208$169,482
Three Months Ended June 30, 2025

Item 1. Financial Statements

FAQ

What is Genesis Energy's offshore pipeline transportation — operating expenses?
Genesis Energy (GEL) reported offshore pipeline transportation — operating expenses of $41.9M in Q2 2026.
How has Genesis Energy's offshore pipeline transportation — operating expenses changed year-over-year?
Genesis Energy's offshore pipeline transportation — operating expenses increased by 16.5% year-over-year, from $35.98M to $41.9M.
What is the long-term trend for Genesis Energy's offshore pipeline transportation — operating expenses?
Over 3 years (2022 to 2025), Genesis Energy's offshore pipeline transportation — operating expenses has grown at a 13.2% compound annual growth rate (CAGR), from $99.88M to $145.01M.
What does offshore pipeline transportation — operating expenses mean?
The total costs incurred to operate and maintain the offshore pipeline transportation infrastructure, including labor, maintenance, and utility expenses. Monitoring these expenses is critical for evaluating the operational efficiency and cost control of the segment.

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