GEL Genesis Energy LP Dividend Yield

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GEL
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GEL Company Information

GEL Description: Genesis Energy, L.P. operates in the midstream segment of the oil and gas industry. The company operates through five segments: Offshore Pipeline Transportation, Onshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. The Offshore Pipeline Transportation segment engages in the pipeline transportation and processing of crude oil and natural gas. This segment owns interests in approximately 1,437 miles of crude oil pipelines located offshore in the Gulf of Mexico. The Onshore Pipeline Transportation segment transports crude oil and carbon dioxide (CO2). This segment owns 5 onshore crude oil pipeline systems with approximately 560 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, Texas, and Wyoming; and 2 CO2 pipelines with approximately 270 miles of pipe. The Refinery Services segment processes high sulfur gas streams to remove sulfur for refineries. This segment provides services to 10 refining operations; and sells the by-product sodium hydrosulfide and caustic soda to industrial and commercial companies involved in mining base metals, such as copper and molybdenum, as well as in the production of pulp and paper. The Marine Transportation segment offers waterborne transportation of petroleum products and crude oil in North America. This segment owns a fleet of 75 barges with a combined transportation capacity of 2.7 million barrels; and 39 push/tow boats. The Supply and Logistics segment provides services, primarily to Gulf Coast oil and gas producers and refineries through purchasing, transporting, storing, blending, and marketing crude oil and refined products. This segment operates a suite of approximately 300 trucks, 400 trailers, 522 rail cars, and terminals and tankage with 3.3 million barrels of storage capacity in various locations along the Gulf Coast. Genesis Energy, LLC serves as a general partner of the company. The company was founded in 1996 and is based in Houston, Texas.
GEL HQ Address: 919 MILAM, SUITE 2100, HOUSTON, TX 77002
GEL Website URL: http://www.genesisenergy.com



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