CSIMarket
 


Genesis Energy Lp  (GEL)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

GEL's Net Income Growth by Quarter and Year

Genesis Energy Lp's Net Income results by quarter and year




GEL Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 20.50 46.60 -58.99 -25.58
III Quarter September 66.78 8.57 -13.83 -322.57
II Quarter June 55.68 69.52 -35.78 28.98
I Quarter March 3.39 4.45 -29.44 24.66
FY   146.35 129.14 -138.04 -294.51



GEL Net Income fourth quarter 2023 Y/Y Growth Comment
Genesis Energy Lp reported drop in Net Income in the fourth quarter 2023 by -56.01% to $ 20.50 millions, from the same quarter in 2022.
The fall in the fourth quarter 2023 Genesis Energy Lp's Net Income compares unfavorably to the Company's average Net Income doubling of 284.76%.

According to the results reported in the fourth quarter 2023, Genesis Energy Lp achieved the best Net Income growth in Natural Gas Utilities industry. While Genesis Energy Lp' s Net Income meltdown of -56.01% ranks overall at the positon no. 27 in the fourth quarter 2023.




GEL Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -56.01 % - - -
III Quarter September 679.23 % - - -
II Quarter June -19.91 % - - 81.69 %
I Quarter March -23.82 % - - -
FY   13.33 % - - -

Financial Statements
Genesis Energy Lp's fourth quarter 2023 Net Income $ 20.50 millions GEL's Income Statement
Genesis Energy Lp's fourth quarter 2022 Net Income $ 46.60 millions Quarterly GEL's Income Statement
New: More GEL's historic Net Income Growth >>


GEL Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -69.3 % 443.76 % - -
III Quarter September 19.94 % -87.67 % - -
II Quarter June 1542.48 % 1462.25 % - 17.52 %
I Quarter March -92.73 % - - 38.46 %
FY (Year on Year)   13.33 % - - -




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #0
Utilities Sector #0
Overall #27

Net Income Y/Y Growth Statistics
High Average Low
9859.63 % 284.76 % -1028.76 %
(Jun 30 2023)   (Jun 30 2020)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #0
Utilities Sector #0
Overall #27
Net Income Y/Y Growth Statistics
High Average Low
9859.63 % 284.76 % -1028.76 %
(Jun 30 2023)   (Jun 30 2020)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Genesis Energy Lp's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
3015.38 % 192.11 % -92.76 %
(Sep 30 2015)  


GEL's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Genesis Energy Lp realized fall in Net Income sequentially by -69.3% to $ 20.50 millions, from $ 66.78 millions declared a quarter before.

Those periodic circumstance have not rescue the IV. Quarter for the Genesis Energy Lp, Luke  Clarke, a business observer said, he cited little caution towards GEL's direction and wrote that average quarter on quarter Net Income growth is at 192.11% for the Natural Gas Utilities's company.

Within Natural Gas Utilities industry 22 other companies have achieved higher Net Income quarter on quarter growth. While Genesis Energy Lp's Net Income growth quarter on quarter, overall rank is 853.


Net Income Q/Q Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #23
Utilities Sector #53
Overall #853
Net Income Q/Q Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #23
Utilities Sector #53
Overall #853
Net Income Q/Q Growth Statistics
High Average Low
3015.38 % 192.11 % -92.76 %
(Sep 30 2015)  


GEL's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Genesis Energy Lp realized fall in Net Income from the previous quarter by -69.3% to $ 20.50 millions, from $ 66.78 millions declared in the previous reporting period.

Albeit cyclical circumstance commonly energize IV. Quarter 2023 performance, this plainly could not be substantial to rescue GEL's performance, Luke  Clarke, a business observer said and wrote that average sequential Net Income growth is at 192.11% for the Natural Gas Utilities's company.

Within Natural Gas Utilities industry 22 other companies have achieved higher Net Income quarter on quarter growth. While Genesis Energy Lp's Net Income growth quarter on quarter, overall rank is 853.


Genesis Energy Lp's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 146.35 $ 172.45 $ 114.24 $ 128.07 $ 129.14
Y / Y Net Income Growth (TTM) 13.33 % 632.35 % 9859.63 % - -
Year on Year Net Income Growth Overall Ranking # 2 # 1 # 1 # 0 # 0
Seqeuential Net Income Change (TTM) -15.13 % 50.95 % -10.8 % -0.82 % 448.41 %
Seq. Net Income Growth (TTM) Overall Ranking # 27 # 4 # 5 # 19 # 17




Cumulative Net Income growth Comment
With the quarterly Net Income reported in the Dec 31 2023 period, Genesis Energy Lp's cumulative twelve months Net Income were $ 146 millions, company would post below average annual Net Income growth of 448.41% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Genesis Energy Lp's Net Income growth from the 66.78% growth in Sep 30 2023. Despite that, Genesis Energy Lp showed the highest Net Income growth, among it's peers in Natural Gas Utilities industry.

Genesis Energy Lp achieved highest trailing twelve month year on year Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 1 to 2.

Net Income TTM Q/Q Growth Statistics
High Average Low
9859.63 %
284.76 %
-1028.76 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry # 0
Utilities Sector # 0
Overall # 2

Net Income TTM Y/Y Growth Statistics
High Average Low
9859.63 %
284.76 %
-1028.76 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 0
Sector # 0
S&P 500 # 27
Cumulative Net Income growth Comment
With the quarterly Net Income reported in the Dec 31 2023 period, Genesis Energy Lp's cumulative twelve months Net Income were $ 146 millions, company would post below average annual Net Income growth of -1028.76% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Genesis Energy Lp's Net Income growth from the 66.78% growth in Sep 30 2023. Despite that, Genesis Energy Lp showed the highest Net Income growth, among it's peers in Natural Gas Utilities industry.

Genesis Energy Lp achieved highest trailing twelve month year on year Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 1 to 2.

Net Income TTM Q/Q Growth Statistics
High Average Low
9859.63 %
284.76 %
-1028.76 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry # 0
Utilities Sector # 0
Overall # 2

Net Income TTM Y/Y Growth Statistics
High Average Low
9859.63 %
284.76 %
-1028.76 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 0
Sector # 0
S&P 500 # 27




Other Net Income Growth
Natural Gas Utilities Industry Net Income Growth Trends and Statistics
Utilities Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
GEL's Net Income Growth Ratio versus Natural Gas Utilities Industry, Utilities Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for GEL's Competitors
Net Income Growth for Genesis Energy Lp's Suppliers
Net Income Growth for GEL's Customers

You may also want to know
GEL's Annual Growth Rates GEL's Profitability Ratios GEL's Asset Turnover Ratio GEL's Dividend Growth
GEL's Roe GEL's Valuation Ratios GEL's Financial Strength Ratios GEL's Dividend Payout Ratio
GEL's Roa GEL's Inventory Turnover Ratio GEL's Growth Rates GEL's Dividend Comparisons



Companies with similar Net Income fall for the quarter ending Dec 31 2023 within Utilities SectorY/Y Change %Net Income for the quarter ending Dec 31 2023
Ameren Corporation-3.05%$ -3.049 millions
Chesapeake Utilities Corporation-3.14%$ -3.143 millions
Spire Inc -6.49%$ -6.491 millions
Edison International-10.43%$ -10.426 millions
Kinder Morgan Inc -10.82%$ -10.823 millions
American Electric Power Co Inc -11.89%$ -11.894 millions
Wec Energy Group Inc -13.36%$ -13.362 millions
Nisource Inc -14.18%$ -14.179 millions
Western Midstream Partners Lp-14.28%$ -14.283 millions
Hawaiian Electric Industries Inc -14.80%$ -14.803 millions
Allete Inc -16.67%$ -16.667 millions
National Fuel Gas Company-21.61%$ -21.610 millions
Ngl Energy Partners Lp-22.41%$ -22.405 millions
Nustar Energy L p -22.51%$ -22.505 millions
New Jersey Resources Corporation-22.87%$ -22.869 millions
Idacorp Inc -25.62%$ -25.621 millions
Nextera Energy Inc-27.86%$ -27.861 millions
Public Service Enterprise Group Incorporated-30.71%$ -30.711 millions
Berkshire Hathaway Energy Company-41.45%$ -41.449 millions
Usa Compression Partners Lp-43.26%$ -43.259 millions
Sjw Group-43.43%$ -43.434 millions
Enlink Midstream Llc-48.46%$ -48.455 millions
Genesis Energy Lp-56.01%$ -56.009 millions
Brookfield Infrastructure Corporation-62.57%$ -62.569 millions
Cheniere Energy Partners L p -63.92%$ -63.919 millions
Cheniere Energy Inc -64.52%$ -64.523 millions
American States Water Company-80.85%$ -80.854 millions
Brookfield Renewable Corporation-83.35%$ -83.351 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com