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-0.00194931773879138 -0.00194931773879138 0.00389863547758294 0.00146198830409362 0.0107212475633529 0.000974658869395864 0.00682261208577001 0.00633528265107225
Stock impact report

Genesis Energy, L.P. Declares Quarterly Distribution

Genesis Energy, L.P. Common Units (GEL) 
Last genesis energy, l.p. common units earnings: 2/19 06:10 am Check Earnings Report
US:NYSE Investor Relations: genesisenergy.com/investors
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Genesis Energy, L.P. (NYSE: GEL) announced today that, on April 10, 2018, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended March 31, 2018. These distributions will be paid on May 15, 2018 to holders of record at the close of business on May 1, 2018. Each holder of common units will be paid a quarterly cash distribution of $0.52 ($2.08 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis declared a payment-in-kind of the quarterly distribution resulting in the issuance of an additional approximately 500,976 preferred units (“PIK units”). Each holder of a preferred unit will be paid through the issuance of 0.021875 PIK units (plus cash for any fractional unit based on $33.71 per unit) for each preferred Show less Read more
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