Latest revenue
$446.6M
as of 2026-03-31
Latest net income
$6.8M
as of 2026-03-31
Net margin
1.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.43B
- Enterprise value
- $1.43B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 4.3%
- 52-wk high
- $18.64
- 52-wk low
- $14.55
- Beta
- —
- Shares out
- 88.7M
5-year trend
What this company does
Item 1. Business General We are a growth-oriented master limited partnership (“MLP”) formed in Delaware in 1996 focused on the midstream segment of the crude oil and natural gas industry. Our common units are traded on the New York Stock Exchange (“NYSE”), under the ticker symbol “GEL.” We provide an integrated suite of services (including transportation, storage, sulfur removal, blending, terminaling and processing) to crude oil and natural gas producers, refiners, and industrial and commercial enterprises. Our operations are primarily located in the Gulf of America and in the Gulf Coast region of the United States. We have a diverse portfolio of assets, including pipelines, offshore hub…
AI summary unavailable — showing raw filing excerpt
Generated from GEL's filing dated 2026-02-18
Key risks
Item 1A. Risk Factors The following risk factors and other information included in this Annual Report on Form 10-K should be carefully considered. The occurrence of any of the following risks or of unknown risks and uncertainties may adversely affect our business, operating results and financial condition. Risk Factors Summary Risks Related to the Operations of Our Business •We may not be able to fully execute our growth strategy due to various factors, such as unreceptive capital markets and/or excessive competition for acquisitions. •We may not have sufficient cash from operations after the establishment of cash reserves and payment of fees and expenses to pay the current level of…
AI summary unavailable — showing raw filing excerpt
Generated from GEL's filing dated 2026-02-18
Profitability
Operating margin
15.8%
120.4%Net margin
-27.0%
1153.0%Return on equity
75.8%
139.6%Return on assets
-9.1%
897.2%Leverage
Debt / equity
62.98×
6.7%Long-term debt / equity
28.71×
15.6%Debt / assets
98.4%
0.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $446.6M | +12.1% | $6.8M | +101.4% | 1.5% |
Q4 2025 2025-12-31 | $440.8M | -74.1% | $19.9M | +131.4% | 4.5% |
Q3 2025 2025-09-30 | $414.0M | +4.2% | $9.2M | +163.2% | 2.2% |
Q2 2025 2025-06-30 | $377.3M | -12.3% | $-406.0K | -115.6% | -0.1% |
Q1 2025 2025-03-31 | $398.3M | -8.3% | $-469.1M | -4231.7% | -117.8% |
Q4 2024 2024-12-31 | $1.70B | — | $-63.3M | — | -3.7% |
Q3 2024 2024-09-30 | $397.3M | -50.8% | $-14.6M | -125.1% | -3.7% |
Q2 2024 2024-06-30 | $430.2M | -46.5% | $2.6M | -94.5% | 0.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Pipe Lines (No Natural Gas) · SIC 4610
Your notes
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Insider activity
Insider buying
$201.6K
Insider selling
$0
Net activity
+$201.6K
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-18 | Garland G Gaspard Senior Vice President | Purchase | 12,340 | $16.34 | $201.6K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns GEL
Institutional value
$1.19B
Total shares held
69.2M
Distinct holders
68
-50 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | ALPS ADVISORS INC | 25.9M | $462.3M | +1.0M (+4.1%) | Added |
| 2 | Invesco Ltd. | 18.9M | $336.5M | +18.3K (+0.1%) | Added |
| 3 | JPMORGAN CHASE & CO | 3.8M | $66.6M | +263.0K (+7.5%) | Added |
| 4 | Creative Planning | 3.1M | $55.4M | +200 (+0.0%) | Added |
| 5 | Clearbridge Investments, LLC | 2.9M | $51.7M | +0 (+0.0%) | No change |
| 6 | MILLER HOWARD INVESTMENTS INC /NY | 2.0M | $35.3M | +565 (+0.0%) | Added |
| 7 | ING GROEP NV | 1.9M | $34.6M | -561.1K (-22.4%) | Trimmed |
| 8 | UBS Group AG | 1.8M | $31.6M | -39.1K (-2.2%) | Trimmed |
| 9 | Jefferies Financial Group Inc. | 1.3M | $23.0M | -398.9K (-23.6%) | Trimmed |
| 10 | RR Advisors, LLC | 868.3K | $15.5M | -4.8K (-0.6%) | Trimmed |
| 11 | CITIGROUP INC | 515.8K | $9.2M | +156.2K (+43.4%) | Added |
| 12 | Manning & Napier Advisors LLC | 485.0K | $8.6M | +14.7K (+3.1%) | Added |
| 13 | Fractal Investments LLC | 343.2K | $6.1M | +0 (+0.0%) | No change |
| 14 | Argent Trust Co | 329.3K | $5.9M | +0 (+0.0%) | No change |
| 15 | Pinnacle Holdings, LLC | 237.8K | $4.2M | +0 (+0.0%) | No change |
| 16 | Texas Capital Bank Wealth Management Services Inc | 200.0K | $3.6M | +0 (+0.0%) | No change |
| 17 | ENVESTNET ASSET MANAGEMENT INC | 172.2K | $3.1M | +42.2K (+32.4%) | Added |
| 18 | ELCO Management Co., LLC | 170.0K | $3.0M | +122.3K (+256.5%) | Added |
| 19 | CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | 151.0K | $2.7M | -34.7K (-18.7%) | Trimmed |
| 20 | BNP PARIBAS FINANCIAL MARKETS | 134.1K | $2.4M | -1.8K (-1.4%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once GEL's latest filing finishes processing.