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Genesis Energy GEL Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Marine transportation$80.05M-2.6%$82.18M+6.6%$77.06M-3.2%$79.62M-1.3%$80.64M+3.8%
Offshore pipeline transportation$147.42M-4.5%$154.34M+7.7%$143.31M+14.3%$125.37M+15.1%$108.89M+5.9%
Onshore transportation and services$219.23M+7.3%$204.24M+5.5%$193.64M+12.3%$172.36M-17.4%$208.78M-4.4%
Segment Reporting, Other Segment Item, Amount by Business
Marine transportation$7K+102%-$329K-31.6%-$250K-41.2%-$177K+33.5%-$266K-197%
Offshore pipeline transportation-$2.98M$5.55M+209%$1.8M+401%-$597K+80.8%
Onshore transportation and services-$424K-$928K-206%$875K+150%-$1.75M
Total Segment Margin by Business
Marine transportation$27.92M-7.8%$30.28M+18.4%$25.57M-14.2%$29.82M-0.7%$30.02M-3.2%
Offshore pipeline transportation$107.09M-10.9%$120.21M+18.6%$101.34M+15.7%$87.59M+14.4%$76.55M-0.2%
Onshore transportation and services$21.44M$19.66M+6.5%$18.46M+24.5%$14.83M
Revenue expected to be recognized in future periods by Business
Offshore pipeline transportation$488.7M$586.16M-9.6%$648.21M+38.3%$468.76M
Onshore transportation and services$47.96M$63.93M-11.4%$72.14M-9.2%$79.46M
Cost of products and services sold by Business
Onshore transportation and services$140.09M$114.84M+24.2%$92.48M-27.6%$127.69M
Total Assets by Business
Marine transportation$616.46M-0.3%$618.47M-1.0%$624.42M-0.8%$629.72M-1.7%$640.53M-0.1%
Offshore pipeline transportation$2.72B-1.2%$2.76B-0.6%$2.77B+0.1%$2.77B+0.3%$2.76B+0.4%
Onshore transportation and services$1.46B+0.3%$1.45B+1.0%$1.44B+2.9%$1.4B+0.2%$1.4B-0.4%
Operating Expenses by Business
Marine transportation$52.12M-0.2%$52.23M+0.9%$51.74M+3.5%$49.98M-1.8%$50.89M+9.7%
Offshore pipeline transportation$43.17M+8.8%$39.68M+9.0%$36.41M+1.2%$35.98M+9.2%$32.94M+12.8%
Onshore transportation and services$58.13M$60.07M-0.8%$60.55M-11.0%$68.01M
Capital Expenditures by Business
Marine transportation$13.92M+16.1%$11.99M+9.6%$10.94M-12.2%$12.46M-26.7%$16.99M-12.8%
Offshore pipeline transportation$6.3M-39.4%$10.4M-35.8%$16.2M-45.7%$29.82M+1.7%$29.31M-52.5%
Onshore transportation and services$5.22M+552%$800K-26.0%$1.08M-22.7%$1.4M-56.0%$3.18M+202%
Revenue by Product
Fee-based revenues$242.85M-5.2%$256.05M+6.2%$241.12M+8.8%$221.7M+9.2%$203.04M+4.7%
Fees$2.7M+3.8%$2.6M-3.7%$2.7M0.0%$2.7M0.0%$2.7M+8.0%
Product sales$188.61M+14.6%$164.52M+4.5%$157.48M+14.2%$137.89M-20.9%$174.26M-6.3%
Sulfur services$15.1M-25.2%$20.18M+31.1%$15.4M-13.3%$17.76M-15.5%$21.01M+10.6%
Total revenues by Product
Marine transportation$80.05M-2.6%$82.18M+6.6%$77.06M-3.2%$79.62M-1.3%$80.64M+3.8%
Offshore pipeline transportation$147.28M-4.6%$154.34M+7.7%$143.31M+14.3%$125.37M+15.1%$108.89M+5.9%
Onshore facilities and transportation$219.23M+7.3%$204.24M+5.5%$193.64M+12.3%$172.36M-17.4%$208.78M-4.4%
Amount of Loss Recognized in Income (Loss) by Product
Onshore Facilities and Transportation Product Costs-$6.11M-1,191%$560K+1,373%-$44K-103%$1.37M+584%-$283K+69.6%
Onshore transportation and services product costs; Offshore transportation operating costs-$1.46M$5K+101%-$455K-423%-$87K+82.5%
Cost of products and services sold by Product
Marine transportation$0$0$0$0$0
Offshore pipeline transportation$0$0$0$0$0
Onshore transportation and services operating costs$58.13M-8.3%$63.39M+5.5%$60.07M-0.8%$60.55M-11.0%$68.01M+8.3%
Onshore transportation and services product costs$140.09M+19.8%$116.96M+1.8%$114.84M+24.2%$92.48M-27.6%$127.69M-10.7%

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Questions, answered.

How does Genesis Energy break its business down?
Genesis Energy (GEL) reports revenue by business across 3 parts — Marine transportation, Offshore pipeline transportation and Onshore transportation and services. Each is extracted from the segment footnotes and tracked over time.
Where does Genesis Energy's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Genesis Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.