Genesis Energy (GEL) Operating Expenses (2010 - 2026)
Genesis Energy (GEL) posted Operating Expenses of $369.9 million for Q1 2026, up 5.44% sequentially from $350.8 million in Q4 2025, and down 1.7% YoY from $376.3 million in Q1 2025.
Genesis Energy (GEL) Operating Expenses (2010 - 2026) Analysis & Trends
Genesis Energy has reported Operating Expenses for 17 years, with the latest figure at $369.9 million in Q1 2026.
- Quarterly Operating Expenses fell 1.7% year-over-year to $369.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 8.38% YoY) and the FY2025 annual result came in at $1.4 billion, down 7.96% from the prior year.
- Operating Expenses grew to $369.9 million in Q1 2026 per GEL's latest filing, from $350.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $741.2 million in Q1 2023 and troughed at -$622.8 million in Q4 2023.
- A 5-year average of $424.9 million and a median of $380.4 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 200.07% in 2023, then soared 161.87% in 2024.
- Over 5 years, Operating Expenses stood at $622.4 million in 2022, then sank by 200.07% to -$622.8 million in 2023, then jumped by 161.87% to $385.4 million in 2024, then fell by 8.96% to $350.8 million in 2025, then climbed by 5.44% to $369.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $369.9 million, $350.8 million, and $335.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Genesis Energy | 1.94 Bn | 1.90 Bn | 333.28 Mn | 426.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 426.56 Mn |
| Mar 31, 2026 | 369.94 Mn |
| Dec 31, 2025 | 350.84 Mn |
| Sep 30, 2025 | 335.41 Mn |
| Jun 30, 2025 | 309.63 Mn |
| Mar 31, 2025 | 376.34 Mn |
| Dec 31, 2024 | 385.37 Mn |
| Sep 30, 2024 | 348.71 Mn |
| Jun 30, 2024 | 380.40 Mn |
| Mar 31, 2024 | 376.39 Mn |
| Dec 31, 2023 | -622.84 Mn |
| Sep 30, 2023 | 695.92 Mn |
| Jun 30, 2023 | 701.88 Mn |
| Mar 31, 2023 | 741.23 Mn |
| Dec 31, 2022 | 622.38 Mn |
| Sep 30, 2022 | 646.15 Mn |
| Jun 30, 2022 | 625.14 Mn |
| Mar 31, 2022 | 580.28 Mn |
| Dec 31, 2021 | 593.94 Mn |
| Sep 30, 2021 | 484.33 Mn |