Genesis Energy, L.P. Increases Quarterly Distribution
11 April 2017 - 10:40PM
Business Wire
Genesis Energy, L.P. (NYSE: GEL) announced today that it will
pay a regular quarterly distribution of $0.72 per Common Unit for
the quarter ended March 31, 2017. The distribution will be paid on
May 15, 2017, to Common Unitholders of record at the close of
business on April 28, 2017. This distribution represents an
increase of approximately 7.1% over the first quarter 2016
quarterly distribution of $0.6725 per unit, and an approximate 1.4%
increase over the distribution paid with respect to the fourth
quarter of 2016. This is the forty-seventh consecutive quarter in
which Genesis has increased its quarterly distribution.
Genesis Energy, L.P. is a diversified midstream energy master
limited partnership headquartered in Houston, Texas. Genesis’
operations include offshore pipeline transportation, refinery
services, marine transportation and supply and logistics. Genesis’
operations are primarily located in Texas, Louisiana, Arkansas,
Mississippi, Alabama, Florida, Wyoming and the Gulf of Mexico.
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version on businesswire.com: http://www.businesswire.com/news/home/20170411006047/en/
Genesis Energy, L.P.Bob Deere, 713-860-2516Chief Financial
Officer
Genesis Energy (NYSE:GEL)
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