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

Genesis Energy's (GEL) quarterly Operating Expenses came in at $369.9 million in Q1 2026, down 1.7% year-on-year from $376.3 million in Q1 2025, and up 5.44% quarter-over-quarter from $350.8 million in Q4 2025.

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

Genesis Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $369.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $369.9 million, down 1.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 8.38% YoY), and the FY2025 annual result was $1.4 billion, down 7.96% from the prior year.
  • Operating Expenses came in at $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.
  • The 5-year median for Operating Expenses is $380.4 million (2024), against an average of $424.9 million.
  • Across the five-year window, Operating Expenses tumbled 200.07% in 2023 and jumped 161.87% in 2024, its largest moves.
  • Genesis Energy's Operating Expenses stood at $622.4 million in 2022, then sank by 200.07% to -$622.8 million in 2023, then surged by 161.87% to $385.4 million in 2024, then dropped by 8.96% to $350.8 million in 2025, then gained by 5.44% to $369.9 million in 2026.
  • The last three Operating Expenses figures came in at $369.9 million (Q1 2026), $350.8 million (Q4 2025), and $335.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 Genesis Energy 1.88 Bn 1.87 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