Genesis Energy (GEL) Short-term Investments (2010 - 2024)
Genesis Energy (GEL) posted Short-term Investments of $18.8 million for Q3 2024, little changed sequentially from $18.8 million in Q2 2024, and little changed YoY from $18.8 million in Q4 2023.
Genesis Energy (GEL) Short-term Investments (2010 - 2024) Analysis & Trends
Genesis Energy has reported Short-term Investments for 9 years, with the latest figure at $18.8 million in Q3 2024.
- Quarterly Short-term Investments changed 0.0% year-over-year to $18.8 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $18.8 million (changed 0.0% YoY) and the FY2023 annual result came in at $18.8 million, up 0.9% from the prior year.
- Short-term Investments held at $18.8 million in Q3 2024 per GEL's latest filing, from $18.8 million in the prior quarter.
- Over five years, Short-term Investments peaked at $27.8 million in Q1 2024 and troughed at $5.0 million in Q4 2021.
- A 5-year average of $15.9 million and a median of $18.6 million in 2022 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2020 and 2023: Short-term Investments plunged 78.97% in 2020, then surged 274.03% in 2023.
- Over 5 years, Short-term Investments stood at $5.7 million in 2020, then decreased by 12.74% to $5.0 million in 2021, then jumped by 272.37% to $18.6 million in 2022, then climbed by 0.9% to $18.8 million in 2023, then changed by 0.0% to $18.8 million in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $18.8 million, $18.8 million, and $27.8 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Genesis Energy | 1.94 Bn | 1.90 Bn | 333.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 18.80 Mn |
| Jun 30, 2024 | 18.80 Mn |
| Mar 31, 2024 | 27.80 Mn |
| Dec 31, 2023 | 18.80 Mn |
| Sep 30, 2023 | 18.80 Mn |
| Jun 30, 2023 | 18.80 Mn |
| Mar 31, 2023 | 18.72 Mn |
| Dec 31, 2022 | 18.64 Mn |
| Sep 30, 2022 | 18.64 Mn |
| Jun 30, 2022 | 18.45 Mn |
| Mar 31, 2022 | 5.01 Mn |
| Dec 31, 2021 | 5.01 Mn |
| Sep 30, 2021 | 5.09 Mn |
| Jun 30, 2021 | 22.08 Mn |
| Mar 31, 2021 | 15.34 Mn |
| Dec 31, 2020 | 5.74 Mn |
| Sep 30, 2020 | 7.51 Mn |
| Jun 30, 2020 | 17.48 Mn |
| Mar 31, 2020 | 23.37 Mn |
| Dec 31, 2019 | 27.28 Mn |