Genesis Energy (GEL) Operating Expenses (2010 - 2026)

Genesis Energy (GEL) reported Operating Expenses of $369.9 million for Q1 2026, down 1.7% year-over-year from $376.3 million in Q1 2025, and up 5.44% sequentially from $350.8 million in Q4 2025.

Genesis Energy (GEL) Operating Expenses (2010 - 2026) Analysis & Trends

Genesis Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $369.9 million for 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 was $369.9 million for Q1 2026 at Genesis Energy, up from $350.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $741.2 million in Q1 2023 to a low of -$622.8 million in Q4 2023.
  • Median Operating Expenses over the past 5 years was $380.4 million (2024), compared with a mean of $424.9 million.
  • Across the five-year window, Operating Expenses slumped 200.07% in 2023 and soared 161.87% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $622.4 million in 2022, then plunged by 200.07% to -$622.8 million in 2023, then jumped by 161.87% to $385.4 million in 2024, then slipped by 8.96% to $350.8 million in 2025, then rose by 5.44% to $369.9 million in 2026.
  • Business Quant data shows GEL's Operating Expenses at $369.9 million in Q1 2026, $350.8 million in Q4 2025, and $335.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 Genesis Energy 1.74 Bn 1.73 Bn 403.39 Mn 369.94 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 478.32 Mn