
Genesis Energy (GEL) Stock Forecast & Price Target
Genesis Energy (GEL) Analyst Ratings
Bulls say
Genesis Energy LP is poised for a positive financial outlook due to improving commodity prices and increased activity from producers, which are expected to enhance revenue in its offshore pipeline transportation and onshore facilities segments. The company's governance improvements, including enhanced board independence and the empowerment of common unitholders, further strengthen its position in the midstream sector of the crude oil and natural gas industry. Additionally, anticipated growth in offshore oil volumes is projected to drive cash flow growth starting in 2025, facilitating opportunities for debt reduction.
Bears say
Genesis Energy LP faces a negative outlook due to anticipated limitations on cash flow growth, stemming from a projected decline in offshore activity and a persistent weak commodity price environment that adversely impacts both offshore and onshore operations. This scenario has led to a reduction in the 2025 Adjusted EBITDA estimates, as extended producer remediation efforts are causing delays in the anticipated production from key projects like Shenandoah and Salamanca. Additionally, the detrimental impact of Incentive Distribution Rights (IDRs) on governance further raises investor concerns, contributing to an overall unfavorable financial assessment.
This aggregate rating is based on analysts' research of Genesis Energy and is not a guaranteed prediction by Public.com or investment advice.
Genesis Energy (GEL) Analyst Forecast & Price Prediction
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