Genesis Energy LP (NYSE:GEL)
$ 11.32 -0.3 (-2.58%) Market Cap: 1.39 Bil Enterprise Value: 5.38 Bil PE Ratio: 0 PB Ratio: 1.16 GF Score: 69/100

Q2 2021 Genesis Energy LP Earnings Call Transcript

Aug 04, 2021 / 02:15PM GMT
Release Date Price: $8.89 (-11.98%)
Operator

Greetings. Welcome to the Genesis Energy 2Q 2021 Earnings Conference Call. (Operator Instructions) Please note, this conference is being recorded.

I will now turn the conference over to your host, Dwayne Morley, Vice President of Investor Relations. Thank you. You may begin.

Dwayne R. Morley
Genesis Energy, L.P. - VP of Business Development & IR - Genesis Energy LLC

Good morning. Welcome to the 2021 second 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 Transportation segment is engaged in the transportation, handling,

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