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Stock impact report

Genesis Energy, L.P. Reports Fourth Quarter 2017 Results

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) today announced its fourth quarter results. Certain highlights of our results for the quarter ended December 31, 2017 included the following items: -We continue to integrate our recently acquired soda ash operations and performance continues to exceed our expectations. -We obtained long-term commitments from a leading operator for the production from approximately 300,000 acres for downstream transportation on our existing infrastructure in the emerging Powder River Basin. -We effectively extended the term for $350 million of our outstanding notes to 2026 (from 2021) through a new notes offering and a tender offer for existing notes in December and a planned redemption for the balance of all untendered notes in February. -We increased our quarterly distribution rate per common unit by $.01, consistent wi Show less Read more
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