कंपनी का अवलोकन
Genesis Energy, L.P. operates within the energy sector, specifically focusing on the midstream segment of the crude oil and natural gas industry across the United States. The company's operational scope encompasses three distinct segments: Offshore Pipeline Transportation, Marine Transportation, and Onshore Facilities and Transportation, facilitating the critical movement of hydrocarbon resources. This midstream entity maintains a substantial market capitalization of $2.20 billion while generating annual revenues of $1.63 billion over the trailing twelve-month period. The organization employs a workforce of 1,046 individuals to support its extensive infrastructure networks. These financial metrics, particularly the market cap and revenue scale, indicate that Genesis Energy holds a significant position in the energy logistics landscape, serving as a pivotal link between production sites and downstream markets.
वित्तीय स्वास्थ्य
The company reported revenues of $1.63 billion for the trailing twelve months, yet it recorded a net income of -$89,664,000, highlighting a substantial divergence between top-line activity and bottom-line profitability. While the entity generated an EBITDA of $490.26 million, the negative net income suggests a cost structure burdened by significant interest expenses or non-operating charges that erode operating earnings. Despite the net loss, the firm produced free cash flow of $132.96 million, which provides a measure of financial flexibility to fund capital expenditures or debt servicing independent of accounting profits. Profitability analysis reveals a gross margin of 35.4%, an operating margin of 20.4%, and a negative profit margin of -27.0%, indicating that while the core business retains value after direct costs, overall profitability is compromised by high fixed costs or financing obligations. The balance sheet shows a cash balance of $6.44 million against total debt of $3.11 billion, resulting in a debt-to-equity ratio of 439.87, which characterizes the balance sheet as highly leveraged rather than conservative. Liquidity assessment via the current ratio of 0.98 indicates that current assets are insufficient to cover current liabilities without relying on external financing or asset liquidation. Furthermore, the return on equity stands at 2.7% and the return on assets is also 2.7%, metrics that suggest management effectiveness is currently constrained by the heavy debt load and negative net income impacting overall capital efficiency.
मूल्यांकन आकलन
Valuation metrics present a complex picture, with a trailing P/E ratio listed as N/A due to the negative net income, while the forward P/E is projected at 23.93. The discrepancy between the unavailable trailing P/E and the forward P/E implies that the market is pricing in an expectation of future earnings normalization or a turnaround in profitability rather than current performance. The price-to-book ratio is recorded at -6.99, a negative figure that typically indicates the market values the company below its book value, often seen in distressed or heavily indebted entities. Alternative valuation measures include a price-to-sales ratio of 1.35 and an EV/EBITDA of 12.91, suggesting the stock is valued at a premium relative to its sales but offers a specific multiple on its cash-generating operational earnings. Historical price volatility is bounded by a 52-week high of $18.64 and a 52-week low of $11.87. Without the specific current share price provided in the source facts, the exact percentage distance from these bounds cannot be calculated, but the trading range reflects a significant swing of approximately 6.63 dollars. The stock exhibits a beta of 0.73, indicating that its price volatility is lower than that of the broader market, suggesting it may move less sharply during periods of general market turbulence.
Growth & Income
Revenue growth for the year-over-year period stands at 10.5%, whereas earnings growth is listed as N/A due to the recent negative net income. This divergence implies that while the company is successfully expanding its top-line sales volume, the bottom-line profitability has not yet caught up, likely due to the high leverage and interest costs affecting the net income figure. Regarding income distribution, the company offers a dividend yield of 4.0%, but this is supported by a payout ratio of 176.5%. Such a high payout ratio, exceeding 100%, indicates that dividends are being paid from cash flow or reserves rather than current net income, which raises questions about long-term sustainability given the negative earnings. Consequently, the overall profile combines strong revenue expansion with a high-yield dividend that is currently decoupled from accounting earnings, creating an income stream that relies on operational cash flow rather than reported profitability.