Genesis Energy L.P.

Q2 FY2026 EarningsQ2 FY2026 results significantly exceeded EPS expectations, reporting a GAAP EPS of $0.26 vs. the $0.02 consensus beat, driven by a $17.4M gain on asset sales and strong deepwater volume growth. Net income attributable to the partnership reached $42.9M, recovering from a loss in the prior year, while offshore segment margins grew 32% YoY. However, management signaled a cautious outlook, guiding full-year Adjusted EBITDA toward the lower end of previous ranges due to transitory offshore production downtime and unplanned maintenance.