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Stock Market & Financial Investment News

News Breaks
February 18, 2014
07:33 EDTGELGenesis Energy reports Q4 continuing operations EPS 19c, consensus 36c
Reports Q4 revenue $961M, may not compare to consensus $1.45B. Says decline in net income from continuing operations between the quarterly periods primarily due to the combination of an increase in unrealized losses on derivative transactions of $2.8M, an increase in depreciation and amortization expense of $2.3M and an increase in interest expense of $2.1M. Reports total available cash before reserves of $48.4M, a decrease of $2.1M, or 4%, from the fourth quarter of 2012.
News For GEL From The Last 14 Days
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April 7, 2015
08:23 EDTGELGenesis Energy 4M share Spot Secondary priced at $44.42
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April 6, 2015
16:12 EDTGELGenesis Energy files to sell 4M shares of common stock
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16:12 EDTGELGenesis Energy raises quarterly dividend 10.9% to 61c
Genesis Energy announced that it will pay a regular quarterly distribution of 61c per common unit for the quarter ended March 31. The distribution will be paid on May 15 to holders at the close of business on May 1. This distribution represents an increase of approximately 10.9% over 1Q14 quarterly distribution of 55c per unit, and an approximate 2.5% increase over the distribution paid with respect to 4Q14.
16:08 EDTGELGenesis Energy files automatic mixed securities shelf

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