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Genesis Energy, L.P. Reports Fourth Quarter 2020 Results


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We generated the following financial results for the fourth quarter of 2020:
Net Loss Attributable to Genesis Energy, L.P. of $85.2 million for the fourth quarter of 2020, compared to Net Income Attributable to Genesis Energy, L.P. of $22.4 million for the same period in 2019.
Cash Flows from Operating Activities of $1.1 million for the fourth quarter of 2020 compared to $50.6 million for the same period in 2019.
Total Segment Margin in the fourth quarter of 2020 of $137.0 million.
Available Cash before Reserves to common unitholders of $52.4 million for the fourth quarter of 2020, which provided 2.85X coverage for the quarterly distribution of $0.15 per common unit attributable to the fourth quarter. ....

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