Genesis Energy expects FY26 adjusted EBITDA at low end of $575 million-$612 million guidance range
GEL•FY26 outlook and second-quarter results
- Genesis forecast FY26 adjusted EBITDA of $575 million-$612 million; outlook tilted to the low end as of 2Q26.
- 2Q26 adjusted EBITDA totaled $171.5 million; segment margin reached $169.5 million.
- Offshore volumes ran slightly below expectations due to operator unplanned downtime; multi-year dedicated growth still expected.
- Balance-sheet outlook centered on deleveraging from a 5.0x 2Q26 bank leverage ratio toward a long-term target of about 4.0x.
- Capital returns outlook supported by $0.20 per unit quarterly distribution; 3.2x coverage in 2Q26.
