Genesis Energy, L.P. Reports Third Quarter 2016 Results

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Go back to Genesis Energy, L.P. Reports Third Quarter 2016 Results

Credit Suisse Downgrades Genesis Energy LP (GEL) to Neutral

November 4, 2016 6:51 AM EDT

Credit Suisse downgraded Genesis Energy LP (NYSE: GEL) from Outperform to Neutral with a price target of $40.00 (from $47.00) on cautious outlook and quarterly miss.

Analyst John Edwards commented, "GEL's 3Q EBITDA came in lower relative to the Street's estimates on back of lower than... More

Genesis Energy (GEL) Misses Q3 EPS by 5c

November 3, 2016 6:24 AM EDT

Genesis Energy (NYSE: GEL) reported Q3 EPS of $0.28, $0.05 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $460.05 million versus the consensus estimate of $614.03 million.

For earnings history and earnings-related data on Genesis Energy (GEL) click here.

... More