For the year ending 2025-12-31, GEL made $1,630,415K in revenue. -$513,409K in net income. Net profit margin of -31.49%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 1,630,415 | 2,966,216 | ||
| Cost of products and services sold-Offshore Pipeline Transportation Revenue | 145,005 | - | ||
| Cost of products and services sold-Marine Transportation Revenue | 204,830 | - | ||
| Cost of products and services sold-Onshore Facilities And Transportation Product | 451,962 | - | ||
| Cost of products and services sold-Onshore Transportation And Services | 252,017 | - | ||
| General and administrative | 86,339 | 59,432 | ||
| Depreciation, depletion and amortization | - | 313,158 | ||
| Cost of products and services sold | - | 2,265,778 | ||
| Depreciation and amortization | 232,072 | - | ||
| Impairment expense | 0 | 43,003 | ||
| Total costs and expenses | 1,372,225 | 2,753,120 | ||
| Operating income | 258,190 | 213,096 | ||
| Equity in earnings of equity investees | 47,629 | 58,291 | ||
| Interest expense, net | -264,729 | - | ||
| Other expense | -9,779 | -15,367 | ||
| Income (loss) from continuing operations before income taxes | 31,311 | - | ||
| Interest expense, net | - | -287,235 | ||
| Income (loss) from operations before income taxes | - | -31,215 | ||
| Income tax expense | 806 | 1,792 | ||
| Income (loss) from continuing operations, net of tax, including portion attributable to noncontrolling interest | 30,505 | - | ||
| Discontinued operation, income (loss) from discontinued operation during phase-out period, net of tax | 8,448 | - | ||
| Discontinued operation, gain (loss) on disposal of discontinued operation, net of tax | -432,193 | - | ||
| Income (loss) from discontinued operations, net of tax, including portion attributable to noncontrolling interest | -423,745 | - | ||
| Net income (loss) from continuing operations | -393,240 | -33,007 | ||
| Discontinued operations (note 4) | 47,163 | 30,940 | ||
| Loss from disposal of discontinued operations | -440,403 | -63,947 | ||
| Net income (loss) from discontinued operations, net of tax | 73,006 | 87,576 | ||
| Net income (loss) attributable to common unitholders-basic | -513,409 | -151,523 | ||
| Net income (loss) attributable to common unitholders-diluted | - | -151,523 | ||
| Basic net income (loss) per common unit (in dollars per unit) | -4.19 | -1.24 | ||
| Basic weighted average outstanding common units (in units) | 122,464,000 | 122,464,000 | ||
| Diluted net income (loss) per common unit (in dollars per unit) | -4.19 | -1.24 | ||
| Dilutive weighted average outstanding common units (in units) | 122,464,000 | 122,464,000 | ||
GENESIS ENERGY LP (GEL)
GENESIS ENERGY LP (GEL)