{"id":510678,"date":"2021-07-08T06:03:04","date_gmt":"2021-07-08T10:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-energy-l-p-declares-quarterly-distribution\/"},"modified":"2021-07-08T06:03:04","modified_gmt":"2021-07-08T10:03:04","slug":"genesis-energy-l-p-declares-quarterly-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-energy-l-p-declares-quarterly-distribution\/","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 July 7, 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 June 30, 2021. These distributions will be paid on August 13, 2021 to holders of record at the close of business on July 30, 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=20210708005082r1&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\/20210708005082\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210708005082\/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> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Oil\/Gas Other Natural Resources Mining\/Minerals Energy Natural Resources Other Manufacturing Other Transport Maritime Chemicals\/Plastics Transport Logistics\/Supply Chain Management Manufacturing<\/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\/20210708005082\/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 July 7, 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 June 30, 2021. These distributions will be paid on August 13, 2021 to holders of record at the close of business on July 30, 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\/\" 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-510678","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genesis Energy, L.P. Declares Quarterly Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genesis-energy-l-p-declares-quarterly-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genesis Energy, L.P. Declares Quarterly Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Genesis Energy, L.P. Declares Quarterly Distribution HOUSTON&#8211;(BUSINESS WIRE)&#8211; Genesis Energy, L.P. (NYSE: GEL) announced today that, on July 7, 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 June 30, 2021. These distributions will be paid on August 13, 2021 to holders of record at the close of business on July 30, 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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