Genesis Energy Q3 attributable net income drops 74% to $2.42 million
GEL•Genesis Energy’s third-quarter 2026 net income attributable to the partnership fell 74% year over year to $2.42 million. Revenue rose 9% to $449.25 million, and operating cash flow climbed 12% to $78.41 million.
1. Quarterly results
Genesis Energy’s third-quarter 2026 net income attributable to the partnership fell 74% year over year to $2.42 million. Revenue rose 9% to $449.25 million, while operating cash flow increased 12% to $78.41 million.
2. Production outlook
Lower-than-expected production at certain connected deepwater facilities is expected to persist into early 2027, pending completion of four new wells.
