XML 31 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES:      
Total revenues $ 2,966,216,000 $ 3,176,996,000 $ 2,788,957,000
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration] Total revenues    
COSTS AND EXPENSES:      
General and administrative $ 59,432,000 65,779,000 66,598,000
Depreciation, depletion and amortization 313,158,000 280,189,000 296,205,000
Impairment expense 43,003,000 0 0
Gain on sale of assets 0 0 (40,000,000)
Total costs and expenses 2,753,120,000 2,847,576,000 2,473,945,000
OPERATING INCOME 213,096,000 329,420,000 315,012,000
Equity in earnings of equity investees 58,291,000 66,198,000 54,206,000
Interest expense, net (287,235,000) (244,663,000) (226,156,000)
Other expense, net (15,367,000) (4,627,000) (10,758,000)
Income (loss) from operations before income taxes (31,215,000) 146,328,000 132,304,000
Income tax benefit (expense) (1,792,000) 19,000 (3,169,000)
NET INCOME (LOSS) (33,007,000) 146,347,000 129,135,000
Net income attributable to noncontrolling interests (30,940,000) (28,627,000) (23,235,000)
Net income attributable to redeemable noncontrolling interests 0 0 (30,443,000)
NET INCOME (LOSS) ATTRIBUTABLE TO GENESIS ENERGY, L.P. (63,947,000) 117,720,000 75,457,000
Less: Accumulated distributions and returns attributable to Class A Convertible Preferred Units (87,576,000) (90,725,000) (80,052,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON UNITHOLDERS-BASIC (151,523,000) 26,995,000 (4,595,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON UNITHOLDERS-DILUTED $ (151,523,000) $ 26,995,000 $ (4,595,000)
Basic Net income (Loss) per Common Unit (in dollars per unit) $ (1.24) $ 0.22 $ (0.04)
Diluted Net Income (Loss) per Common Unit (in dollars per unit) $ (1.24) $ 0.22 $ (0.04)
Basic Weighted Average Outstanding Common Units (in units) 122,464,000 122,535,000 122,579,000
Dilutive Weighted Average Outstanding Common Units (in units) 122,464,000 122,535,000 122,579,000
Offshore Pipeline Transportation      
REVENUES:      
Total revenues $ 404,919,000 $ 382,154,000 $ 319,045,000
Offshore Pipeline Transportation | Offshore pipeline transportation      
REVENUES:      
Total revenues 404,919,000 382,154,000 319,045,000
COSTS AND EXPENSES:      
Cost of products and services sold 117,207,000 96,025,000 99,881,000
Soda and Sulfur Services      
REVENUES:      
Total revenues 1,540,723,000 1,734,248,000 1,248,085,000
Soda and Sulfur Services | Soda and sulfur services      
REVENUES:      
Total revenues 1,540,723,000 1,734,248,000 1,248,085,000
Soda and Sulfur Services | Soda and Sulfur Services      
COSTS AND EXPENSES:      
Cost of products and services sold 1,352,044,000 1,479,425,000 926,743,000
Marine Transportation      
REVENUES:      
Total revenues 321,616,000 327,464,000 293,295,000
Marine Transportation | Marine transportation      
REVENUES:      
Total revenues 321,616,000 327,464,000 293,295,000
Onshore Facilities and Transportation      
REVENUES:      
Total revenues 698,958,000 733,130,000 928,532,000
Onshore Facilities and Transportation | Onshore facilities and transportation      
REVENUES:      
Total revenues 698,958,000 733,130,000 928,532,000
Onshore Facilities and Transportation | Onshore facilities and transportation product costs      
COSTS AND EXPENSES:      
Cost of products and services sold 599,925,000 637,179,000 828,152,000
Onshore Facilities and Transportation | Onshore facilities and transportation operating costs      
COSTS AND EXPENSES:      
Cost of products and services sold 71,749,000 70,576,000 68,066,000
Marine transportation | Marine transportation      
COSTS AND EXPENSES:      
Cost of products and services sold $ 196,602,000 $ 218,403,000 $ 228,300,000