Press Release: Genesis Energy, L.P. Declares Quarterly Distribution

Dow Jones
01/15
HOUSTON--(BUSINESS WIRE)--January 15, 2026-- 

Genesis Energy, L.P. $(GEL)$ announced today that the Board of Directors of its general partner declared a quarterly cash distribution to be paid to Genesis common unit holders and Class A Convertible Preferred unit holders with respect to the quarter ended December 31, 2025. Each holder of common units will be paid a quarterly cash distribution of $0.18, or $0.72 on an annualized basis, for each common unit held of record. Each holder of preferred units will be paid a quarterly cash distribution of $0.9473, or $3.7892 on an annualized basis, for each preferred unit held of record. These quarterly distributions will be paid on Friday, February 13, 2026 to holders of record at the close of business on Friday, January 30, 2026.

Grant Sims, Chairman and CEO, commented "As expected, Genesis began generating free cash flow in the back half of 2025, and we anticipate that free cash flow will continue in 2026 and beyond. We deployed this cash, initially, to pay down debt in absolute terms. Combined with anticipated growth in Adjusted EBITDA, this should drive continued improvement in our leverage and credit metrics in future periods. We continue to evaluate the opportunistic purchase and/or redemption of our corporate preferred securities. Today's distribution increase represents an approximate 9.1% increase over the distribution paid with respect to the fourth quarter of 2024 and is consistent with the "all of the above" free cash flow deployment strategy we have previously discussed. The Board will continue to evaluate all future distributions on a quarterly basis."

Genesis will announce its earnings for the fourth quarter of 2025 on Thursday, February 12, 2026, before the New York Stock Exchange opens for trading. Following the announcement, the partnership will host a conference call at 9:00 a.m. CST with analysts and investors to discuss its earnings. The call will be webcast live on the Internet and may be accessed through the "Investors" section of the partnership's website at www.genesisenergy.com. A re-play of the webcast will be available following the conference call and may be accessed approximately one hour after completion of the call.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis' operations include offshore pipeline transportation, marine transportation, sulfur services and onshore facilities and transportation. Genesis' operations are primarily located in the Gulf Coast region of the United States and the Gulf of America.

This press release includes forward-looking statements as defined under federal law. Although we believe that our expectations are based upon reasonable assumptions, no assurance can be given that our goals will be achieved. Actual results may vary materially. We undertake no obligation to publicly update or revise any forward-looking statement.

This press release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of Genesis Energy's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Genesis Energy's distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260115582546/en/

 
    CONTACT:    Genesis Energy, L.P. 

Dwayne Morley

VP -- Investor Relations

(713) 860-2536

 
 

(END) Dow Jones Newswires

January 15, 2026 06:00 ET (11:00 GMT)

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