Professional
Added to YB: 2025-05-20
Pitch date: 2025-05-19
GEL [bullish]
Genesis Energy, L.P.
+5.88%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States.
Market Cap
$2.0B
Pitch Price
$14.87
Price Target
20.00 (+27%)
Dividend
4.12%
EV/EBITDA
8.90
P/E
-12.23
EV/Sales
2.09
Sector
Oil, Gas and Consumable Fuels
Category
growth
Idea Brunch with Nitin Sacheti of Papyrus Capital - Genesis Energy, L.P.
GEL: Gulf pipeline MLP spending capex on new line for 2025 revenue. Sold volatile soda ash biz to delever in March, reducing earnings volatility. Buying back 11.25% preferreds to grow FCF. Projecting FCF/share: $1.50 in 2025, $2+ in 2026, $3+ in 2027. Mgmt committed to $2+ dividend by early 2026. $15 stock with $20+ upside in 12mo.
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