GEL

Over the past six months, Genesis Energy LP's stock (GEL) experienced fluctuations, falling by -1.93% in the latest session as of September 2, 2026, and showing an 11.22% decrease over the last year. Key events included reporting strong Q2 2026 earnings of $0.26 per share, significantly surpassing estimates, and participating in Citi's 2026 Natural Resources Conference. The company declared a quarterly distribution on its preferred units. S&P Global Ratings upgraded Genesis's issuer credit rating to 'B+' from 'B' in April 2026, citing expectations of maintained leverage below 6.0x following offshore pipeline project completions. In February 2026, GEL refinanced its 2028 senior notes with new notes due 2034 and redeemed $135 million of class A preferred shares to optimize its capital structure. However, recent production shortfalls from the Shenandoah field led to a reduction in expected 2026 segment margin from that field by approximately $12 million to $15 million.