Genesis Energy LP

Genesis Energy LP

Genesis Energy LP

Overview
Date Founded

1996

Headquarters

919 Milam Street,Suite 2100,Houston, TX 77002

Type of Company

Public

Employees (Worldwide)

2,100

Industries

Oil & Gas
Other Business & Consulting Services
IT Consulting & Services
Alternative Energy
Power & Utilities
Marine Shipping
Shipping & Delivery

Company Description

Genesis Energy LP operates as a master limited partnership, which focuses on midstream segment of the oil and gas industry. It provides suite of midstream services and produces natural soda ash. The company operates through the following divisions: Offshore Pipeline Transportation, Sodium Minerals & Sulfur Services, Onshore Facilities & Transportation and Marine Transportation. The Offshore Pipeline Transportation division owns interests in crude oil and natural gas pipeline transportation and handling operations through its offshore pipeline transportation segment, which focuses on providing a suite of services to integrated and large independent energy companies who make intensive capital investments to develop numerous large-reservoir, long-lived crude oil and natural gas properties in the gulf of Mexico, primarily offshore Texas, Louisiana, Mississippi and Alabama. The Sodium Minerals & Sulfur Services division owns the leasehold position of accessible trona ore reserves in the Green River trona patch, a geological formation holding the vast majority of the world's accessible trona ore reserves. The Onshore Facilities & Transportation division owns and leases integrated suite of onshore crude oil and refined products infrastructure, including pipelines, trucks, terminals, railcars, and rail loading and unloading facilities. The Marine Transportation division provides transportation services. Genesis Energy was founded in December 1996 and is headquartered in Houston, TX.

Contact Data
Trying to get in touch with decision makers at Genesis Energy LP? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

Chief Financial Officer of the General Partner

General Counsel

Vice President & General Manager, Marine

Vice President & General Manager, Refinery Services

Senior Director, Offshore Pipelines & Facilities

Principal Accounting Officer, Senior Vice President & Controller

Executive Vice President, President Genesis Alkali

Senior Vice President, Finance & Corporate Development

Senior Vice President, Operations & Engineering

Board of Directors

Chief Executive Officer at Genesis Energy LP

Former Chief Operating Officer-Americas Region at KPMG LLP

Former Chairman & Chief Executive Officer at Temple-Inland, Inc.

Director of the General Partner at Genesis Energy LP

President at Ouachita Oil & Storage, Inc.

Former Executive Vice President at Manufacturers Hanover Trust Company

Paths to Genesis Energy LP
Potential Connections via
Relationship Science
You
Genesis Energy LP
Owners & Shareholders
Details Hidden

Chickasaw Capital Management (CCM) may offer advice on the following as well as the foreign equivalents of the following investment products: equity securities; MLPs; corporate debt securities; municipal securities; US government and US agency securities; commercial paper; CDs; convertible securities, mutual funds; preferred securities; option contracts on securities; warrants; interests in partnerships investing in real estate, oil and gas and others; currencies; derivatives; private placements; and limited partnership interests. The firm uses a variety of investment strategies, including MLP, equity and core investment strategies. To implement their strategies, CCM may make long-term purchases, short-term purchases, or engage in short sales, short-term trading and margin transactions. The firm's investment philosophy is founded on building a portfolio that has the opportunity for solid total returns from the ownership of public companies with growing earnings, the revaluation of a company's earnings to higher multiple, or from both earnings growth and multiple expansion. CCM seeks long-term appreciation by investing in high-quality companies with superior management in a variety of situations, including small, medium and large public companies.

Details Hidden

AAI offers innovative investment solutions designed to help advisors and investors build better portfolios. Through both their alternative investment products and access to specialty asset managers, the firm seeks to deliver portfolio solutions that allow investors to diversify their core holdings and obtain exposure to attractive investment themes. The firm's exposure to alternatives and specialty managers is achieved primarily through ETFs, exchange-traded products, closed-end funds and open-end funds with the goal of providing access that is registered, liquid and fully transparent. AAI currently does not research or actively recommend specific portfolio securities. Rather, the firm collects, validates and utilizes quantitative data and information from various sources with the goal of identifying one or more sub-advisors that are appropriate to their respective investment objectives and that provide an appropriate mix of diversified investment styles or alternatively through products that are passively managed, and track a designated index.

Details Hidden

Salient is an asset management and wealth advisory firm headquartered in Houston, Texas. Our clients have entrusted us with $17.9 billion* of their capital, which we invest and advise across a broad spectrum of traditional and alternative investments. Regardless of the business line, the unifying elements of our approach are: an emphasis on risk management, employing a research-driven investment process, and a focus on maximizing the impact of the fees and costs we incur in our investment implementation. In short, we believe that our clients should be compensated for the risks they take and the fees and costs they incur. Our collective experience tells us that this approach is the best way for Salient to help our clients achieve their financial objectives.

Recent Transactions
Details Hidden

Tailwater Capital LLC, Silver Creek Midstream LLC purchase Genesis Energy LP /Powder River Midstream Assets from Genesis Energy LP

Details Hidden

Exxon Mobil Corporation purchases Genesis Energy LP /Wink Oil Terminal from Genesis Energy LP

Details Hidden

Genesis Energy LP purchases Tronox Alkali Corp. from Tronox Holdings plc

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Auditor

Advised onGenesis Energy LP issued Common Units

Escrow Agent

Advised onGenesis Energy LP issued Common Units

Legal Advisor

Advised onGenesis Energy LP issued Common Units

Legal Advisor

Advised onGenesis Energy LP purchases Fargo Petroleum LLC

Director

Advised onGenesis Energy LP issued Common Units

Legal Advisor

Advised onGenesis Energy LP issued Common Units

Advisors & Consultants
Advisor

Former President & Chief Operating Officer at Genesis Energy LP

Clients

Kinder Morgan, Inc. is an energy infrastructure company. It engages in the operation of pipelines and terminals that transport natural gas; gasoline; crude oil; carbon dioxide (CO2) and other products and stores petroleum products chemicals; and handles bulk materials like ethanol, coal, petroleum coke and steel. The firm operates through the following segments: Natural Gas Pipelines, CO2, Terminals, Product Pipelines and Kinder Morgan Canada. The Natural Gas Pipelines segment engages in the ownership and operation of major interstate and intrastate natural gas pipeline & storage systems, and natural gas & crude oil gathering systems and natural gas processing & treating facilities. The CO2 segment is focused on the production, transportation and marketing of CO2 to oil fields that use CO2 as a flooding medium for recovering crude oil from mature oil fields to increase production. The Terminals segment engages in the ownership and operation of liquids and bulk terminal facilities located throughout the U.S. and portions of Canada that transload and store refined petroleum products, crude oil, chemicals, ethanol & bulk products, including coal, petroleum coke, fertilizer, steel and ores. The Products Pipelines segment owns and operates refined petroleum products, NGL and crude oil and condensate pipelines that primarily deliver, among other products, gasoline, diesel & jet fuel, propane, crude oil and condensate to various markets. The Kinder Morgan Canada segment is focused on the operation of the Trans Mountain pipeline system that transports crude oil and refined petroleum products from Edmonton, Alberta, Canada for marketing terminals and refineries in British Columbia, Canada and the state of Washington. The company was founded by Richard D. Kinder and William V. Morgan in February 1997 and is headquartered in Houston, TX.

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.

Koch Industries, Inc. began as Wood River Oil and Refining Co. in 1940. The company is based in Wichita, Kansas and is one of the largest private companies in America. Its major industries include refining, chemicals & biofuels, process & pollution control equipment and technologies, minerals, fertilizers, polymers & fibers, commodity trading & service, forest & consumer products, and ranching.Koch companies have supported education and social progress. These philanthropic efforts include support for educational institutions, foundations and programs that study and promote market-based solutions to societal challenge. Koch also works to protect, conserve and enhance natural resources; Koch companies around the world have earned awards for safety, environmental excellence, community stewardship, innovation and customer service since January 2009.

Key Stats and Financials As of 2018
Market Capitalization
$2.71B
Total Enterprise Value
$6.43B
Earnings Per Share
$-0.62
Revenue
$2.91B
Net Profit
$-6.08M
EBITDA
$575M
EBITDAMargin
19.73%
Total Debt
$3.43B
Total Equity
$2.44B
Enterprise Value Sales
2.21x
Enterprise Value EBITDAOperating
11.19x
TEVNet Income
-1,058.11x
Debt TEV
0.53x
Three Year Compounded Annual Growth Rate Of Revenue
9.04%
Five Year Compounded Annual Growth Rate Of Revenue
-6.77%
Non-Profit Donations & Grants
$141K
2011
Investors
Details Hidden

Owner at Fuel Masters LLC

Details Hidden

Chief Executive Officer at Genesis Energy LP

Suppliers
Goodrich Petroleum Corp. Oil & Gas | Houston, TX

Goodrich Petroleum Corporation (together with its subsidiary, "we," "our," or "the Company") is an independent oil and natural gas company engaged in the exploration, development and production of oil and natural gas on properties primarily in Northwest Louisiana, East Texas and South Texas. The geological formations we target are the Haynesville Shale and Cotton Valley Taylor Sand in Northwest Louisiana and East Texas, the Eagle Ford Shale and Buda Lime formations in South Texas and the Tuscaloosa Marine Shale in Southeast Louisiana and Southwest Mississippi. In the current natural gas price environment, we are concentrating the vast majority of our development efforts on existing leased acreage within formations that are prospective for oil. In addition, we continue to aggressively pursue the evaluation and acquisition of prospective acreage and oil and natural gas drilling opportunities outside of our existing leased acreage. We own working interests in 401 producing oil and natural gas wells located in 29 fields in five states. At December 31, 2011, we had estimated proved reserves of approximately 463.5 Bcf of natural gas, 0.5 MMBbls of natural gas liquids (NGLs) and 5.8 MMBbls of oil and condensate. Our business strategy is to provide long term growth in reserves on a cost-effective basis. We focus on adding reserve value through the development of our Haynesville Shale, Cotton Valley Taylor Sand and Eagle Ford Shale Trend acreage and the timely development of our large relatively low risk development program in the Northwest Louisiana, East Texas and South Texas area. We regularly evaluate possible acquisitions of prospective acreage and oil and natural gas drilling opportunities. Headquartered in Houston, Texas, Goodrich Petroleum is a publicly traded Company on the New York Stock Exchange under the symbol "GDP".

Ergon, Inc. Oil & Gas | Jackson, MS

Ergon, Inc. engages in the processing and marketing of crude oil, naphthenic and paraffinic specialty oils, asphalt products, road maintenance products, and machinery. It provides administrative services to its operating divisions and subsidiaries. Its services include accounting, business process management, communications, credit, customer service, engineering, environmental health and safety, finance, human resources, information technology, internal audit, logistics, procurement, risk management, supply and distribution, tax, training, travel, and treasury. The company was founded by Leslie B. Lampton Sr., in 1954 and is headquartered in Jackson, MS.

Petróleos de Venezuela SA Oil & Gas | Caracas, MI

Petróleos de Venezuela SA is a gas and oil company. It is engaged in exploring, extracting, transporting, manufacturing, refining, storing, and marketing crude oil and other hydrocarbons. The company was founded in 1975 and is headquartered in Caracas, Venezuela.

Competitors
Nirma Ltd. Personal Products - Ahmedabad, GU

Nirma Ltd. engages in the manufacture of consumer and industrial products. It offers soap, detergents, edible salt, and scouring products, and its industrial products include linear alkyl benzene, alfa olefin sulfonate, sulfuric acid, glycerin, soda ash, pure salt, vacuum evaporated iodized salt, single super phosphate, and sodium silicate. The company was founded by Karsanbhai Khodidas Patel in 1969 and is headquartered in Ahmedabad, India.

Tata Chemicals Ltd. Chemicals - Mumbai, MA

Tata Chemicals Limited is a global company with interests in businesses that focus on LIFE: Living, Industry and Farm Essentials. The story of the company is about harnessing the fruits of science for goals that go beyond business. This story began in Mithapur, Gujarat in western India with the creation of a plant that would raise a wealth of marine chemicals from the ocean, with the potential to touch human lives in many ways. From these humble beginnings a market-leading international business has been created, with operations across four continents. Through its living essentials portfolio the company has positively impacted the lives of millions of Indians. Tata Chemicals is the pioneer and market leader in India’s branded Iodised salt segment. With the introduction of an innovative, low-cost, nanotechnology-based water purifier, it is providing affordable, safe drinking water to the masses. Tata Chemicals is the world’s second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. The company’s industry essentials product range provides key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products. With its farm essentials portfolio the company has carved a niche in India as a crop nutrients provider. It is a leading manufacturer of urea and phosphatic fertilisers and, through its subsidiary, Rallis, has a strong position in the crop protection business. The Tata Chemicals Innovation Centre is home to world-class R&D capabilities in the emerging areas of nanotechnology and biotechnology. The company’s Centre for Agri-Solutions and Technology provides advice on farming solutions and crop nutrition practices. The company has also entered into a JV with Singapore’s Temasek Life Sciences Laboratory (Joil) to develop jatropha seedlings to enable bio fuels capability. In line with its mission, ‘serving society through science’, the company is applying its expertise in sciences, to develop high-tech and sustainable products.

Church & Dwight Co., Inc. Personal Products - Ewing, NJ

Church & Dwight Co., Inc. engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products; and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements. The Consumer International segment offers personal care products, household and over-the counter products in Canada, France, Australia, China, the United Kingdom, Mexico, and Brazil. The Specialty Products segment consists of sales to businesses which participated in different product areas, namely animal productivity, specialty chemicals, and specialty cleaners. The company was founded by Dwight John and Austin Church in 1846 and is headquartered in Ewing, NJ.

Awards & Honors
Rank #908
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Genesis Energy LP. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Genesis Energy LP's profile does not indicate a business or promotional relationship of any kind between RelSci and Genesis Energy LP.