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

Dow Jones
Jul 16
HOUSTON--(BUSINESS WIRE)--July 16, 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 second quarter of 2026. Each holder of common units will be paid a quarterly cash distribution of $0.20, or $0.80 on an annualized basis, for each common unit held of record. This distribution represents a 21.2 percent increase over the distribution declared with respect to the second quarter of 2025.

Genesis also repurchased 250,000 common units at a weighted average price of $14.57 per unit, for a total of approximately $3.6 million during the second quarter of 2026.

Each holder of Class A Convertible 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.

The quarterly distributions to Genesis common unit holders and Class A Convertible Preferred unit holders will be paid on Friday, August 14, 2026 to holders of record at the close of business on Friday, July 31, 2026.

Genesis will announce its earnings results for the second quarter of 2026 on Thursday, August 6, 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. CDT 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 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/20260716052654/en/

 
    CONTACT:    Genesis Energy, L.P. 

Dwayne Morley

VP -- Investor Relations

(713) 860-2536

 
 

(END) Dow Jones Newswires

July 16, 2026 09:00 ET

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