Genesis Energy Q2 profit rises to $42.9M; full-year EBITDA outlook nears low end
Genesis Energy reported second quarter 2026 net income attributable to the partnership of $42.9 million, compared with a net loss of $0.4 million a year earlier, on revenue of $532.0 million. The company now expects full-year 2026 Adjusted EBITDA towards the lower end of the range it gave on its year-end call, citing lower producer volumes offshore, and it raised the quarterly common unit distribution to $0.20.
Key points
- Q2 2026 revenue was $532.0 million, up from $377.3 million in Q2 2025; Adjusted EBITDA was $171.5 million, up from $122.9 million.
- Available Cash before Reserves to common unitholders was $78.3 million, covering the $0.20 quarterly distribution 3.2 times.
- Full-year 2026 Adjusted EBITDA is now expected towards the lower end of the range given on the year-end call; the company will update in early November.
- Offshore pipeline volumes were slightly below expectations in Q2 and have continued into the third quarter due to producer downtime.
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.