Genesis energy lp (GEL)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
REVENUES:
Total revenues

539,923

604,329

621,697

634,785

620,009

689,296

745,278

752,388

725,808

720,049

486,114

406,723

415,491

428,053

460,050

445,976

378,414

491,011

572,334

656,327

526,857

847,282

964,114

1,015,049

1,019,719

961,035

1,090,293

1,068,694

1,014,808

351,376

1,041,837

1,013,431

960,717

155,009

830,200

762,790

689,798

576,012

456,538

Onshore Pipeline Transportation Services Revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,909

18,933

19,068

-

20,349

23,192

20,920

16,052

23,217

22,537

20,779

20,496

19,164

17,221

19,409

16,557

16,094

15,084

14,455

14,087

13,425

COSTS AND EXPENSES:
Onshore facilities and transportation operating costs

-

-

-

-

-

-

-

-

-

-

-

-

22,239

-

22,476

24,122

-

-

-

-

-

-

-

8,383

7,478

-

6,278

7,145

7,084

5,899

5,911

5,032

5,052

4,550

3,988

4,356

4,070

3,497

3,113

Supply and logistics operating costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,376

-

24,585

23,782

25,239

57,686

27,434

27,774

27,318

-42,962

50,528

45,849

48,772

-36,800

40,953

40,707

37,916

37,683

33,478

25,813

24,225

25,656

23,763

Onshore Pipeline Transportation Operating Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,721

6,482

6,671

-

6,917

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

9,373

12,590

14,999

13,412

11,686

17,486

24,209

13,529

11,674

27,698

19,409

9,338

9,976

10,909

11,212

11,283

12,221

10,143

26,799

14,832

13,221

10,221

13,765

14,696

12,010

12,078

11,959

11,142

11,611

11,903

10,375

9,967

9,592

8,519

8,905

8,380

8,054

10,583

6,801

Depreciation, depletion and amortization

74,357

79,293

83,522

79,353

77,638

68,379

91,876

77,680

75,255

76,027

63,732

56,609

56,112

65,396

54,265

55,900

46,635

53,640

41,170

28,205

27,125

25,989

25,148

20,491

19,280

18,004

16,066

15,665

15,049

15,703

14,838

15,830

14,779

19,299

14,706

14,253

13,903

13,477

13,606

Net gain on disposal of surplus assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-249

11

-7

62

Gain (Loss) on Disposition of Assets

-

-

0

-

-

-

3,363

-

-

-

0

26,684

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

480,761

533,390

568,910

547,837

557,980

685,177

699,130

691,488

666,727

656,642

443,014

345,276

362,894

384,641

404,871

397,988

318,566

433,141

527,536

626,947

502,038

816,658

928,846

983,792

984,317

937,734

1,066,203

1,035,333

984,803

320,183

1,012,719

985,762

933,987

139,826

801,568

736,859

676,966

565,829

438,239

OPERATING INCOME

59,162

70,939

52,787

86,948

62,029

4,119

46,148

60,900

59,081

63,407

43,100

61,447

52,597

43,412

55,179

47,988

59,848

57,870

44,798

29,380

24,819

30,624

35,268

31,257

35,402

23,301

24,090

33,361

30,005

31,193

29,118

27,669

26,730

15,183

28,632

25,931

12,832

10,183

18,299

Income (Loss) from Equity Method Investments

14,159

16,611

11,830

15,046

12,997

15,238

9,492

8,324

10,572

16,241

13,044

10,426

11,335

12,582

12,488

12,157

10,717

6,010

14,260

18,661

15,519

15,378

15,017

4,922

7,818

6,057

7,059

5,623

3,936

6,374

3,432

1,047

3,492

-30

-412

592

3,197

377

363

Interest expense

-54,965

-53,559

-54,673

-55,507

-55,701

-56,327

-58,819

-57,909

-56,136

-54,645

-47,388

-37,990

-36,739

-35,290

-34,735

-35,535

-34,387

-33,859

-29,617

-17,905

-19,215

-19,325

-20,441

-14,069

-12,804

-12,300

-12,587

-12,255

-11,441

-51,874

-9,873

10,228

10,596

-62,441

8,960

9,011

8,699

6,542

3,760

Gain on basis step up on historical interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

335,260

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

10,258

-9,332

7,974

-4,692

-2,976

8,627

1,828

-188

-5,244

-14,439

-2,276

0

0

-

0

-

0

-

0

-17,529

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

28,614

24,659

17,918

41,795

16,349

-28,343

-1,351

11,127

8,273

10,564

6,480

33,883

27,193

20,704

32,932

24,610

36,178

27,141

364,701

12,607

21,123

26,677

29,844

22,110

30,416

17,058

18,562

26,729

22,500

27,341

22,677

18,488

19,626

6,052

19,260

17,512

7,330

4,018

14,902

Income tax benefit (expense)

-365

-1

111

143

402

584

283

256

375

-4,837

320

303

255

383

949

1,009

1,001

845

1,292

942

908

511

731

962

641

335

596

117

-203

-614

-8,517

-96

22

-1,843

172

154

300

155

981

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,148

29,775

16,723

17,966

26,612

22,703

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,164

508

290

143

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

28,979

24,660

17,807

41,652

15,947

-28,927

-1,634

10,871

7,898

15,401

6,160

33,580

26,938

20,321

31,983

23,601

35,177

26,296

363,409

11,665

20,215

26,166

29,113

21,148

29,775

17,887

18,474

26,902

22,846

26,937

31,194

18,584

19,604

7,773

19,088

17,358

7,030

3,863

13,921

Net loss attributable to noncontrolling interests

-16

331

-22

1,532

-7

-4,144

-1,311

-126

-136

-111

-152

-153

-152

-1,797

-118

-126

-126

-1,138

195

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,205

-317

Net Income (Loss) Attributable to Redeemable Noncontrolling Interest

4,086

-

272

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME ATTRIBUTABLE TO GENESIS ENERGY, L.P.

24,909

22,368

17,557

40,120

15,954

-24,783

-323

10,997

8,034

15,512

6,312

33,733

27,090

22,118

32,101

23,727

35,303

27,434

363,214

11,665

20,215

-

29,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,068

14,238

Less: Accumulated distributions attributable to Class A Convertible Preferred Units

18,684

18,684

18,684

18,684

18,415

18,021

17,635

17,257

16,888

16,526

5,469

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Available to Common Unitholders

6,225

3,684

-1,127

21,436

-2,461

-42,804

-17,958

-6,260

-8,854

-1,014

843

33,733

27,090

-

32,101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) PER COMMON UNIT (Note 11):
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.19

0.21

0.32

0.28

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

0.01

0.00

-

-

-

-

-

-

-

-

-

-

Basic and Diluted (in dollars shares)

0.05

0.04

-0.01

0.17

-0.02

-0.35

-0.15

-0.05

-0.07

-0.02

0.01

0.28

0.23

0.18

0.28

0.22

0.32

0.39

3.38

0.12

0.21

0.27

0.33

0.24

0.34

0.20

0.22

0.33

0.28

0.34

0.39

0.23

0.27

0.10

0.27

0.27

0.11

0.12

0.29

WEIGHTED AVERAGE OUTSTANDING COMMON UNITS:
Basic and Diluted (in shares)

122,579

122,579

122,579

122,579

122,579

122,579

122,579

122,579

122,579

122,638

122,579

122,579

118,388

118,056

115,718

109,979

109,979

110,196

107,617

99,174

95,029

93,917

88,941

88,691

88,691

88,774

83,878

81,973

81,203

81,250

79,901

79,465

72,836

72,075

70,447

64,615

64,615

39,586

39,586

Offshore Pipeline Transportation [Member]
Total revenues

78,429

81,634

79,738

78,427

78,317

71,200

70,115

69,969

73,260

74,802

80,671

77,638

85,128

89,842

89,717

78,994

76,126

76,794

61,388

1,258

790

-

974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of products and services sold

18,661

13,489

22,932

4,117

18,458

13,135

17,753

17,440

18,340

17,383

18,690

18,124

17,868

15,892

23,122

22,676

17,934

21,372

17,698

400

243

-

276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sodium Minerals and Sulfur Services [Member]
Total revenues

243,390

278,368

277,527

274,606

275,486

297,921

291,722

298,881

285,910

264,743

109,765

43,068

45,046

41,918

45,725

41,324

42,536

42,100

43,332

46,324

46,124

49,199

51,208

52,801

54,193

52,615

52,410

51,476

49,484

51,675

47,977

48,320

48,045

56,410

48,392

49,363

47,546

38,437

38,221

Cost of products and services sold

205,233

222,786

222,304

219,894

218,708

227,272

229,204

232,517

223,498

200,583

79,365

26,606

27,364

23,802

25,077

21,579

20,985

21,581

22,363

25,835

27,027

28,027

29,031

31,148

33,195

32,985

33,040

32,821

32,443

32,405

29,243

31,050

30,779

36,796

30,136

30,264

29,586

22,251

21,790

Marine Transportation [Member]
Total revenues

62,346

60,885

59,404

58,706

56,650

58,527

56,296

56,185

48,929

53,249

48,534

53,202

50,302

53,091

55,285

52,609

52,036

58,256

60,536

62,594

57,371

60,041

57,000

55,948

56,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of products and services sold

42,937

44,632

44,831

44,836

43,733

46,268

44,195

44,217

37,847

42,626

35,789

38,949

37,242

36,609

38,490

34,430

33,022

34,451

33,869

35,286

31,594

35,250

34,864

36,905

35,774

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Onshore Facilities and Transportation [Member]
Total revenues

155,758

183,442

205,028

223,046

209,556

261,648

327,145

327,353

317,709

327,255

247,144

232,815

235,015

243,202

269,323

273,049

207,716

371,771

387,169

527,218

403,504

800,181

834,583

883,108

888,313

735,903

1,014,666

994,681

944,545

161,001

974,696

947,890

893,263

82,042

765,714

698,343

627,797

523,488

404,892

Onshore facilities and transportation
Cost of products and services sold

-

-

180,322

186,225

-

225,256

295,256

306,105

300,113

328,191

226,029

222,334

192,093

304,007

230,229

227,998

162,393

264,245

354,331

492,125

370,918

681,268

791,411

844,395

849,262

806,254

948,332

922,711

869,844

210,526

911,399

883,176

835,869

33,217

710,355

653,544

597,139

490,358

369,228