Genesis Energy LP (GEL) stock is soaring 5.27% in Thursday's intraday trading session following the release of its second-quarter 2025 financial results. The company reported a narrower loss than the previous year, surprising investors positively.
Genesis Energy posted a Q2 loss of $0.12 per share, a significant improvement from the $0.25 loss per share in the same period last year. This result beat analysts' expectations, as a FactSet poll had anticipated a loss of $0.04 per share. The company's net loss attributable to Genesis Energy, L.P. shrank dramatically to $0.4 million, compared to $8.7 million in Q2 2024.
While the company's revenue declined to $377.348 million from $430.179 million year-over-year, other financial metrics showed resilience. Genesis Energy reported an operating income of $67.715 million and an adjusted EBITDA of $122.9 million for the quarter. However, cash flows from operating activities decreased to $47.0 million, down from $104.7 million in the same quarter of the previous year. Despite this mixed bag of results, investors appear to be focusing on the improved bottom line, driving the stock's significant rise today.