Genesis Energy, L.P. reported second quarter 2026 financial results, posting Net Income of $42.9 million compared to a net loss of $0.4 million in the prior year period. The company generated Cash Flows from Operating Activities of $180.7 million and Adjusted EBITDA of $171.5 million. Management announced an increase in the quarterly common unit distribution to $0.20 per share, representing an 11% rise from the first quarter of 2026. During the quarter, Genesis sold non-core offshore natural gas assets for $95 million and established a $99.5 million accounts receivable securitization facility. Proceeds were used to repurchase $83 million of Series A corporate preferred securities at 102% of par and pay down the senior secured credit facility balance to zero. The company operates in the midstream energy industry, providing offshore pipeline transportation, marine transportation, and onshore transportation and services.

James E. Davison retired from the Board of Directors of Genesis Energy, L.P.'s general partner, effective June 26, 2026. The resignation was not due to any disagreements with the company regarding operations, policies, or practices. Genesis Energy, L.P. is an energy company involved in midstream oil and gas services.