Genesis Energy, L.P. Discusses Recent Regulatory Policy Revision
15 März 2018 - 8:27PM
Business Wire
Genesis Energy, L.P. (NYSE: GEL) would like to make the
following two points, which are based upon the analysis of its
recently released fourth quarter of 2017 financial results:
- Less than 5% of its total segment
margin was derived from assets and operations subject to regulation
and/or oversight of the Federal Energy Regulatory Commission
(“FERC”); and
- Less than 1% of its total segment
margin was derived from assets which rates are derived from or
determined in accordance with FERC cost of service ratemaking
methodologies.
Genesis Energy, L.P. is a diversified midstream energy master
limited partnership headquartered in Houston, Texas. Genesis’
operations include onshore and offshore pipeline transportation,
sodium minerals and sulfur services, marine transportation and
onshore facilities and transportation. Genesis’ operations are
primarily located in the Gulf Coast region of the United States,
Wyoming and the Gulf of Mexico.
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version on businesswire.com: http://www.businesswire.com/news/home/20180315006347/en/
Genesis Energy, L.P.Bob Deere, (713) 860-2516Chief Financial
Officer
Genesis Energy (NYSE:GEL)
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