Genesis Energy, L.P. Reports Fourth Quarter 2024 Results
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Genesis Energy, L.P. reported a net loss of $49.4 million for Q4 2024, a significant decline from a net income of $12.0 million in Q4 2023. Cash flows from operating activities also decreased to $74.0 million from $124.8 million.
February 13, 2025 | 11:15 am
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Genesis Energy, L.P. reported a net loss of $49.4 million for Q4 2024, a significant decline from a net income of $12.0 million in Q4 2023. Cash flows from operating activities also decreased to $74.0 million from $124.8 million.
The significant shift from net income to net loss and the decrease in cash flows from operating activities indicate financial challenges for Genesis Energy, L.P. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100