Genesis Energy, L.P. (GEL) reported second-quarter 2026 net income attributable to the partnership of $42.9 million, compared with a net loss of $0.4 million in the same period of 2025. Revenue was $532.0 million for the quarter, up from $377.3 million a year earlier.
The company reported $180.7 million in cash flows from operating activities, $169.5 million in total segment margin and $171.5 million in adjusted EBITDA. Genesis also announced a $0.20 quarterly distribution per common unit and described balance sheet actions including asset sales, a securitization facility and preferred security repurchases.
- Revenue was $532.0 million for the three months ended June 30, 2026.
- Net income attributable to Genesis Energy, L.P. was $42.9 million, versus a $0.4 million loss a year earlier.
- Net income per common unit, basic and diluted, was $0.26.
- Cash flows from operating activities were $180.7 million.
- Total segment margin was $169.5 million, and adjusted EBITDA was $171.5 million.
- The partnership declared a $0.20 quarterly distribution per common unit and $0.9473 per preferred unit.
