{"id":414647,"date":"2021-01-14T06:03:56","date_gmt":"2021-01-14T11:03:56","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414647"},"modified":"2021-01-14T06:03:56","modified_gmt":"2021-01-14T11:03:56","slug":"genesis-energy-l-p-declares-quarterly-distribution-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-energy-l-p-declares-quarterly-distribution-4\/","title":{"rendered":"Genesis Energy, L.P. Declares Quarterly Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position:inside; }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Genesis Energy, L.P. Declares Quarterly Distribution<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGenesis Energy, L.P. (NYSE: GEL) announced today that, on January 13, 2021, the Board of Directors of its general partner declared a distribution on Genesis\u2019 common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended December 31, 2020. These distributions will be paid on February 12, 2021 to holders of record at the close of business on January 29, 2021.\n<\/p>\n<p>\nEach holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis will pay a cash distribution of $0.7374 ($2.9496 on an annualized basis) for each preferred unit held of record.\n<\/p>\n<p>\nGenesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis\u2019 operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. Genesis\u2019 operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210114005142r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210114005142\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210114005142\/en\/<\/a><\/span><\/p>\n<p>\nGenesis Energy, L.P.<br \/>\n<br \/>Ryan Sims<br \/>\n<br \/>SVP \u2013 Finance and Corporate Development<br \/>\n<br \/>(713) 860-2521\n<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210114005142\/en\/137719\/3\/genesis_lores.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Genesis Energy, L.P. Declares Quarterly Distribution HOUSTON&#8211;(BUSINESS WIRE)&#8211; Genesis Energy, L.P. (NYSE: GEL) announced today that, on January 13, 2021, the Board of Directors of its general partner declared a distribution on Genesis\u2019 common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended December 31, 2020. These distributions will be paid on February 12, 2021 to holders of record at the close of business on January 29, 2021. Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis will pay a cash distribution of $0.7374 ($2.9496 on an annualized basis) for each preferred &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-energy-l-p-declares-quarterly-distribution-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Genesis Energy, L.P. Declares Quarterly Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414647","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genesis Energy, L.P. 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These distributions will be paid on February 12, 2021 to holders of record at the close of business on January 29, 2021. Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record. With respect to the preferred units, Genesis will pay a cash distribution of $0.7374 ($2.9496 on an annualized basis) for each preferred &hellip; Continue reading &quot;Genesis Energy, L.P. 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