GEL Earnings Prediction
The chart below shows how GEL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GEL sees a +3.87% change in stock price 10 days leading up to the earnings, and a +0.76% change 10 days following the report. On the earnings day itself, the stock moves by -2.75%. This data can give you a slight idea of what to expect for the next quarter's release.
GEL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
714.30M
-11.56%
-5.55%
Gross Margin
9.14%
-42.55%
-10.57%
Operating Margin
7.03%
-49.17%
-9.52%
Net Margin
-1.30%
-115.72%
622.22%
EPS
-0.32
-210.34%
28.00%
No Data Available
GEL Earnings Analysis
Genesis Energy, L.P. Corporation (GEL.N) Earnings Conference Call
Positive
Positive Cash Flow Outlook: 1. Strong Cash Flow Expectations: Genesis Energy anticipates generating cash from operations exceeding cash costs by the second half of 2025, indicating a positive shift in financial performance.
Offshore Expansion Update: 2. Offshore Expansion Progress: The offshore expansion project is on schedule, with new developments expected to add nearly 200,000 barrels of oil per day of production capacity by mid-2025.
Marine Transportation Efficiency: 3. Marine Transportation Utilization: The marine transportation segment is operating at near 100% utilization, with expectations for a year-over-year increase of over 10% in 2025 due to improved market conditions and completed dry dockings.
Cost-Cutting Strategies: 4. Cost Management Initiatives: The company is actively implementing cost-cutting measures and efficiency improvements, aiming to enhance operational performance and maintain its position as the lowest cost producer in the soda ash market.
Long-Term Growth Strategy: 5. Positive Long-Term Outlook: Genesis Energy remains confident in its long-term value creation strategy, with plans to simplify its capital structure and reduce costs, positioning itself for sustainable growth in the coming years.
Negative
Financial Performance Decline: 1. Declining Financial Performance: Genesis Energy's financial results for the first three quarters of 2024 were significantly below original expectations, indicating a challenging year with ongoing operational issues.
Debt to EBITDA Concerns: 2. Increased Debt to EBITDA Ratio: The company's total debt to EBITDA ratio is projected to exceed five times due to lower EBITDA, which will negatively impact financial metrics for the foreseeable future.
Soda Ash Production Issues: 3. Production Challenges in Soda Ash: The soda ash segment underperformed expectations due to production challenges and higher maintenance costs at the Westvaco facility, leading to anticipated lower export prices in the fourth quarter.
Offshore Segment Challenges: 4. Operational Issues in Offshore Segment: The offshore segment faced multiple technical and operational issues, resulting in reduced production and financial performance, with complete repairs not expected until year-end.
Cost Management Challenges: 5. Cost Management Pressures: Despite efforts to cut costs and improve efficiency, the company is still grappling with macroeconomic headwinds that are expected to pressure soda ash prices into early 2025.
GEL FAQs
How does GEL typically perform around its earnings report dates?
Is Genesis Energy, L.P. (GEL) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GEL Earning Call Sentiment
Genesis Energy, L.P. (GEL) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GEL.N
-1.14%Positive
The earnings call summary presents mixed signals. Financial performance is weak due to lower EBITDA and production challenges, particularly in soda ash, leading to a negative outlook. However, the shareholder return plan and future cash flow generation are positive. The Q&A section reveals management's uncertainty about future performance, especially regarding distributions and market recovery, which tempers optimism. Given the market cap of $1.7 billion, the stock is likely to experience a neutral movement, reflecting the balance between negative short-term performance and positive long-term strategies.
