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Genesis Energy, L.P. (NYSE:GEL) issued its quarterly earnings data on Tuesday. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.36 by $0.17, Stock Ratings Network reports. The company had revenue of $961.04 billion for the quarter, compared to the consensus estimate of $1.45 billion.

GEL has been the subject of a number of recent research reports. Analysts at Barclays downgraded shares of Genesis Energy, L.P. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 14th. On a related note, analysts at Credit Suisse upgraded shares of Genesis Energy, L.P. from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 9th. Finally, analysts at MLV Capital initiated coverage on shares of Genesis Energy, L.P. in a research note on Monday, December 2nd. They set a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $54.75.

Shares of Genesis Energy, L.P. (NYSE:GEL) opened at 56.27 on Tuesday. Genesis Energy, L.P. has a 52 week low of $42.34 and a 52 week high of $56.80. The stock has a 50-day moving average of $53.78 and a 200-day moving average of $50.94. The company has a market cap of $4.991 billion and a price-to-earnings ratio of 48.71.

Genesis Energy, L.P. (NYSE:GEL) is a limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the United States, primarily Texas, Louisiana, Arkansas, Mississippi, Alabama and Florida.

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