Genesis Energy, L.P. Reports Fourth Quarter 2016 Results
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February 17, 2017 6:30 AM EST
RBC Capital downgraded Genesis Energy LP (NYSE: GEL) from Outperform to Sector Perform.
For an analyst ratings summary and ratings history on Genesis Energy LP click here. For more ratings news on Genesis Energy LP click here.
Shares of Genesis Energy LP closed at $35.72 yesterday.
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February 16, 2017 6:09 AM EST
Genesis Energy (NYSE: GEL) reported Q4 EPS of $0.19, $0.13 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $428.05 million versus the consensus estimate of $582.94 million.
Grant Sims, CEO of Genesis Energy, said, Given the continuing challenging operating environment in the energy midstream space, we continue to be pleased with the financial performance of our diversified, yet increasingly integrated,... More
