Genesis Energy LP (NYSE:GEL)
$ 11.62 -0.02 (-0.17%) Market Cap: 1.42 Bil Enterprise Value: 5.42 Bil PE Ratio: 0 PB Ratio: 1.19 GF Score: 69/100

Q3 2020 Genesis Energy LP Earnings Call Transcript

Nov 05, 2020 / 02:30PM GMT
Release Date Price: $4.56 (+14.00%)
Operator

Welcome to the 2020 Third Quarter Conference Call for Genesis Energy. Genesis has 4 business segments. The Offshore Pipeline Transportation segment is engaged in providing the critical infrastructure to move oil produced from the long-lived world-class reservoirs from the Deepwater Gulf of Mexico to onshore refining centers. The Sodium Minerals and Sulfur Services segment includes trona and trona-based exploring, mining, processing, producing, marketing and selling activities as well as the processing of sour gas streams to remove sulfur at refining operations.

The Onshore Facilities and segment -- and Transportation segment is engaged in the transportation, handling, blending, storage and supply of energy products including crude oil and refined products. The Marine Transportation segment is engaged in the maritime transportation of primarily refined petroleum products. Genesis' operations are primarily located in Wyoming, the Gulf Coast States and the Gulf of Mexico.

During this conference call, management may be making forward-looking statements within the meaning of the Securities

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