GEL Genesis Energy, L.P. Common Units
GEL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
GEL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| July 31, 2026 | $0.2000 |
| April 30, 2026 | $0.1800 |
| Jan. 30, 2026 | $0.1800 |
| Oct. 31, 2025 | $0.1650 |
| July 31, 2025 | $0.1650 |
| April 30, 2025 | $0.1650 |
| Jan. 31, 2025 | $0.1650 |
| Oct. 31, 2024 | $0.1650 |
| July 31, 2024 | $0.1500 |
| April 29, 2024 | $0.1500 |
| Jan. 30, 2024 | $0.1500 |
| Oct. 30, 2023 | $0.1500 |
| July 28, 2023 | $0.1500 |
| April 27, 2023 | $0.1500 |
| Jan. 30, 2023 | $0.1500 |
| Oct. 28, 2022 | $0.1500 |
| July 28, 2022 | $0.1500 |
| April 28, 2022 | $0.1500 |
| Jan. 28, 2022 | $0.1500 |
| Oct. 28, 2021 | $0.1500 |
GEL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 1 14.3%
- Buy 5 71.4%
- Hold 1 14.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
3 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.12 | $0.02 | 0.10% |
| March 31, 2026 | $-0.06 | $0.16 | -0.22% |
| Dec. 31, 2025 | $0.04 | $0.28 | -0.24% |
| Sept. 30, 2025 | $-0.05 | $0.13 | -0.18% |
| June 30, 2025 | $-0.12 | $-0.04 | -0.08% |
| March 31, 2025 | $-4.06 | $-0.23 | -3.8% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| GEL | — | -3.7 | -1.8% | -27.0% | — | — |
| INSW | $2.40B | 7.8 | -11.4% | 36.7% | 15.8% | — |
| EE | — | 21.9 | 44.3% | — | — | — |
| DKL | — | — | 7.7% | 17.4% | — | — |
| NGL | — | — | -9.0% | -4.5% | — | — |
| LPG | $1.46B | 7.5 | 36.3% | 40.2% | 17.6% | — |
| NEXT | — | -4.5 | — | — | -181.7% | — |
| GLP | — | — | 8.1% | 0.53% | — | 5.7% |
| CAPL | — | 20.2 | -10.6% | 1.1% | — | 11.0% |
| SMC | $327M | -16.6 | 30.8% | -1.1% | -1.2% | — |
| OSG | $350M | -1.3 | 6.5% | -103.1% | -34.2% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.66B | $1.72B | $2.79B | $2.13B | $1.82B | $2.48B | $2.91B | $2.03B | $1.71B | $2.25B | $3.85B | |
| SG&A Expense | $86M | $58M | $65M | $67M | $61M | $57M | $53M | $67M | $66M | $46M | $65M | $51M | |
| Operating Expenses | $1.37B | $1.49B | $1.52B | $2.47B | $2.05B | $2.07B | $2.21B | $2.74B | $1.81B | $1.51B | $2.09B | $3.71B | |
| Operating Income | $258M | $170M | $205M | $315M | $76M | $-246M | $273M | $170M | $221M | $206M | $157M | $133M | |
| Other Non-op | $-10M | $-15M | $-5M | $-11M | $-36M | $-7M | $-9M | $5M | $-17M | $0 | $-18M | $0 | |
| Pretax Income | $31M | $-49M | $48M | · | · | $-399M | $101M | $-10M | $78M | $114M | $426M | $109M | |
| Income Tax | $806.0K | $2M | $456.0K | $3M | $2M | $1M | $655.0K | $1M | $-4M | $3M | $4M | $3M | |
| Net Income | $-440M | $-64M | $118M | $75M | $-165M | $-417M | $96M | $-6M | $83M | $113M | $423M | $106M | |
| EPS (Basic) | $-4.19 | $-1.24 | $0.22 | $-0.04 | $-1.96 | $-4.01 | $0.18 | · | · | · | · | · | |
| EPS (Diluted) | $-4.19 | $-1.24 | $0.22 | $-0.04 | $-1.96 | $-4.01 | $0.18 | · | · | · | · | · | |
| Shares (Basic) | 122,464,000 | 122,464,000 | 122,535,000 | 122,579,000 | 122,579,000 | 122,579,000 | 122,579,000 | · | · | · | · | · | |
| Shares (Diluted) | 122,464,000 | 122,464,000 | 122,535,000 | 122,579,000 | 122,579,000 | 122,579,000 | 122,579,000 | · | · | · | · | · | |
| EBITDA | $509M | $526M | $610M | $611M | $385M | $49M | $593M | $483M | $473M | $429M | $307M | $223M |
Balance Sheet 24
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6M | $7M | $9M | $8M | $20M | $21M | $29M | $10M | $9M | $7M | $11M | $9M | |
| Receivables | $608M | $480M | $760M | $722M | $400M | $392M | $417M | $323M | $495M | $225M | $220M | $272M | |
| Inventory | $55M | $38M | $135M | $78M | $78M | $100M | $65M | $74M | $89M | $99M | $44M | $47M | |
| Other Current Assets | $17M | $19M | $41M | $27M | $39M | $61M | $55M | $36M | $43M | $29M | $32M | $28M | |
| Current Assets | $687M | $912M | $964M | $853M | $542M | $580M | $593M | $443M | $636M | $360M | $306M | $355M | |
| PP&E (Net) | $3.47B | $3.54B | $4.53B | $4.10B | $3.91B | $3.85B | $4.29B | $4.42B | $4.87B | $4.21B | $3.93B | $1.63B | |
| PP&E (Gross) | $5.37B | $5.28B | $6.50B | $5.87B | $5.46B | $5.17B | $5.54B | $5.44B | $5.60B | $4.76B | $4.31B | $1.90B | |
| Accum. Depreciation | $1.91B | $1.74B | $1.97B | $1.77B | $1.55B | $1.32B | $1.25B | $1.02B | $735M | $549M | $378M | $268M | |
| Goodwill | $302M | $302M | $302M | $302M | $302M | $302M | $302M | $302M | $325M | $325M | $325M | $325M | |
| Intangibles | $76M | $85M | $142M | $127M | $127M | $129M | $139M | $163M | $182M | $205M | $223M | $83M | |
| Other Non-current Assets | $54M | $54M | $38M | $32M | $38M | $46M | $94M | $122M | $57M | $57M | $59M | $42M | |
| Total Assets | $4.86B | $7.04B | $7.02B | $6.37B | $5.91B | $5.93B | $6.60B | $6.48B | $7.14B | $5.70B | $5.46B | $3.21B | |
| Accounts Payable | $491M | $388M | $589M | $428M | $264M | $198M | $219M | $127M | $271M | $120M | $141M | $245M | |
| Accrued Liabilities | $209M | $254M | $379M | $281M | $233M | $185M | $197M | $206M | $185M | $141M | $161M | $118M | |
| Short-term Debt | $0 | · | · | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $700M | $859M | $967M | $709M | $497M | $383M | $415M | $333M | $456M | $261M | $302M | $363M | |
| Capital Leases | $62M | $70M | $215M | $114M | $122M | $132M | $145M | · | · | · | · | · | |
| Deferred Tax | $17M | $17M | $18M | $17M | $14M | $13M | $13M | $13M | $12M | $16M | $14M | $19M | |
| Other Non-current Liabilities | $389M | $389M | $570M | $401M | $435M | $393M | $394M | $259M | $257M | $204M | $192M | $18M | |
| Total Liabilities | $4.15B | $5.52B | $5.31B | $4.59B | $3.93B | $4.18B | $4.25B | $4.04B | $4.42B | $3.58B | $3.44B | $1.98B | |
| Long-term Debt | $3.05B | $3.73B | $3.76B | $3.46B | $2.98B | $3.39B | $3.43B | · | · | · | · | · | |
| Total Debt | · | · | · | · | · | · | $3.43B | $3.43B | $3.70B | $3.09B | $2.92B | $1.60B | |
| AOCI | $0 | $9M | $8M | $6M | $-6M | $-9M | $-8M | $939.0K | $-604.0K | $0 | · | · | |
| Liabilities + Equity | $4.86B | $7.04B | $7.02B | $6.37B | $5.91B | $5.93B | $6.60B | $6.48B | $7.14B | $5.70B | $5.46B | $3.21B |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $251M | $313M | $280M | $296M | $310M | $295M | $320M | $313M | $252M | $222M | $150M | $91M | |
| Stock-based Comp | $15M | $5M | $25M | $18M | $9M | $-4M | $8M | $4M | $-6M | $7M | $5M | $4M | |
| Deferred Tax | $573.0K | $749.0K | $-380.0K | $2M | $980.0K | $677.0K | $64.0K | $688.0K | $-4M | $2M | $3M | $2M | |
| Amort. of Intangibles | $10M | $10M | $10M | $10M | $10M | $16M | $19M | $22M | $24M | $24M | $20M | $13M | |
| Other Non-cash | $337M | $168M | $103M | $-145M | $214M | $460M | $-113M | $76M | $24M | $-136M | $-286M | $166M | |
| Operating Cash Flow | $253M | $392M | $521M | $334M | $338M | $297M | $382M | $390M | $324M | $283M | $290M | $291M | |
| CapEx | $187M | $587M | $620M | $424M | $301M | $144M | $163M | $195M | $251M | $463M | $496M | $443M | |
| Investing Cash Flow | $832M | $-552M | $-594M | $-375M | $-274M | $-104M | $-141M | $141M | $-1.46B | $-435M | $-1.99B | $-624M | |
| Stock Repurchased | $0 | $0 | $1M | $0 | $0 | · | · | · | · | · | · | · | |
| Net Stock Activity | $0 | $0 | $-1M | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-1.11B | $162M | $74M | $42M | $-66M | $-222M | $-195M | $-529M | $1.14B | $148M | $1.70B | $334M | |
| Net Change in Cash | $-23M | $2M | $1M | $2M | $-2M | $-29M | $46M | $1M | $2M | $-4M | $1M | $596.0K | |
| Taxes Paid | $800.0K | $1M | $900.0K | $1M | $700.0K | $800.0K | $800.0K | $200.0K | $1M | $1M | $900.0K | $800.0K | |
| Free Cash Flow | $66M | $-195M | $-99M | $-90M | $37M | $153M | $219M | $195M | $88M | $-165M | $-206M | $-152M |
Profitability 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 15.8% | 7.2% | 10.4% | 11.3% | 3.6% | -13.5% | 11.0% | 5.8% | 10.9% | 12.0% | 7.0% | 3.5% | |
| Net Margin | -27.0% | -2.2% | 3.7% | 2.7% | -7.8% | -22.8% | 3.9% | -0.21% | 4.1% | 6.6% | 18.8% | 2.8% | |
| Pretax Margin | 1.9% | · | · | · | · | -21.9% | 4.1% | -0.35% | 3.9% | 6.7% | 18.9% | 2.8% | |
| EBITDA Margin | 31.2% | 17.7% | 19.2% | 21.9% | 18.1% | 2.7% | 23.9% | 16.6% | 23.3% | 25.0% | 13.7% | 5.8% | |
| ROA | -7.4% | -0.91% | 1.8% | 1.2% | -2.8% | -6.7% | 1.5% | -0.09% | 1.3% | 2.0% | 9.8% | 3.5% | |
| ROIC | · | · | · | · | · | · | 7.9% | 5.7% | 6.3% | 6.5% | 5.3% | 8.1% |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.1 | 1.0 | 1.2 | 1.1 | 1.5 | 1.4 | 1.3 | 1.4 | 1.4 | 1.0 | 1.0 | |
| Quick Ratio | 0.9 | 0.9 | 0.8 | 1.0 | 0.8 | 1.1 | 1.1 | 1.0 | 1.1 | 0.9 | 0.8 | 0.8 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.4 | 0.5 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.5 | 1.3 | |
| Receivables Turnover | 3.0 | 4.0 | 4.3 | 5.0 | 5.4 | 4.5 | 6.7 | 7.6 | 5.6 | 7.7 | 9.1 | 12.0 |
Growth Rates 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -1.8% | -3.5% | -38.3% | 31.2% | 16.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -16.4% | -7.9% | -1.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | -2.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | · | · | 56.0% | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.63B | $1.66B | $1.72B | $2.79B | $2.13B | $1.82B | $2.48B | $2.91B | $2.03B | $1.71B | $2.25B | $3.85B | |
| Net Income TTM | $-440M | $-64M | $118M | $75M | $-165M | $-417M | $96M | $-6M | $83M | $113M | $423M | $106M | |
| P/E | -3.7 | -8.2 | 52.6 | -255.2 | -5.5 | -1.5 | 113.8 | · | · | · | · | · | |
| Earnings Yield | -26.9% | -12.3% | 1.9% | -0.39% | -18.3% | -64.6% | 0.88% | · | · | · | · | · |
Income Statement 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $532M | $447M | $441M | $414M | $377M | $398M | $399M | $397M | $430M | $434M | $-682M | $808M | $805M | $791M | $714M | $721M | |
| SG&A Expense | $19M | $18M | $16M | $15M | $15M | $41M | $11M | $15M | $18M | $15M | $16M | $17M | $17M | $15M | $14M | $17M | |
| Operating Expenses | $427M | $370M | $351M | $335M | $310M | $376M | $385M | $349M | $380M | $376M | $-623M | $696M | $702M | $741M | $622M | $646M | |
| Operating Income | $105M | $77M | $90M | $79M | $68M | $22M | $14M | $49M | $50M | $58M | $-59M | $112M | $103M | $49M | $92M | $75M | |
| Other Non-op | $-30.0K | $-4M | $0 | $0 | $-9M | $-844.0K | $-14M | $0 | $-1M | $0 | $-3M | $0 | $-4.0K | $-2M | $0 | $-21M | |
| Pretax Income | $57M | $19M | $34M | $23M | $10M | $-36M | $-52M | $-5M | $-4M | $12M | $-80M | $67M | $56M | $4M | · | $9M | |
| Income Tax | $209.0K | $112.0K | $64.0K | $253.0K | $345.0K | $144.0K | $2M | $-879.0K | $-11.0K | $809.0K | $-1M | $574.0K | $290.0K | $884.0K | $2M | $660.0K | |
| Net Income | $43M | $7M | $20M | $9M | $-406.0K | $-469M | $-49M | $-17M | $-9M | $11M | $12M | $58M | $49M | $-2M | $42M | $3M | |
| EPS (Basic) | $0.26 | $-0.06 | $0.04 | $-0.05 | $-0.12 | $-4.06 | $-0.58 | $-0.32 | $-0.25 | $-0.09 | $-0.08 | $0.29 | $0.22 | $-0.21 | $0.14 | $-0.12 | |
| EPS (Diluted) | $0.26 | $-0.06 | $0.04 | $-0.05 | $-0.12 | $-4.06 | $-0.58 | $-0.32 | $-0.25 | $-0.09 | $-0.08 | $0.29 | $0.22 | $-0.21 | $0.14 | $-0.12 | |
| Shares (Basic) | 122,428,000 | 122,464,000 | -244,928,000 | 122,464,000 | 122,464,000 | 122,464,000 | -244,928,000 | 122,464,000 | 122,464,000 | 122,464,000 | -245,144,000 | 122,521,000 | 122,579,000 | 122,579,000 | -245,158,000 | 122,579,000 | |
| Shares (Diluted) | 122,428,000 | 122,464,000 | -244,928,000 | 122,464,000 | 122,464,000 | 122,464,000 | -244,928,000 | 122,464,000 | 122,464,000 | 122,464,000 | -245,144,000 | 122,521,000 | 122,579,000 | 122,579,000 | -245,158,000 | 122,579,000 | |
| EBITDA | $105M | $136M | · | $79M | $68M | $97M | · | $132M | $136M | $146M | · | $180M | $171M | $123M | · | $149M |
Balance Sheet 24
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $39M | $4M | $6M | $5M | $4M | $377M | $7M | $13M | $14M | $7M | · | $21M | $12M | $18M | · | $6M | |
| Receivables | $1.19B | $629M | $608M | $577M | $500M | $498M | $480M | $746M | $688M | $669M | · | $871M | $774M | $749M | · | $576M | |
| Inventory | $39M | $39M | $55M | $49M | $58M | $38M | $38M | $111M | $106M | $127M | · | $127M | $118M | $121M | · | $93M | |
| Other Current Assets | $27M | $31M | $17M | $20M | $25M | $24M | $19M | $37M | $39M | $50M | · | $53M | $43M | $46M | · | $33M | |
| Current Assets | $1.30B | $703M | $687M | $652M | $587M | $937M | $912M | $925M | $866M | $880M | · | $1.09B | $966M | $953M | · | $726M | |
| PP&E (Net) | $3.40B | $3.43B | $3.47B | $3.50B | $3.53B | $3.54B | $3.54B | $4.63B | $4.58B | $4.55B | · | $4.32B | $4.18B | $4.12B | · | $4.02B | |
| PP&E (Gross) | $5.39B | $5.38B | $5.37B | $5.36B | $5.34B | $5.32B | $5.28B | $6.78B | $6.67B | $6.58B | · | $6.25B | $6.06B | $5.93B | · | $5.73B | |
| Accum. Depreciation | $1.99B | $1.95B | $1.91B | $1.86B | $1.82B | $1.78B | $1.74B | $2.14B | $2.09B | $2.03B | · | $1.93B | $1.88B | $1.82B | · | $1.71B | |
| Goodwill | $302M | $302M | $302M | $302M | $302M | $302M | $302M | $302M | $302M | $302M | · | $302M | $302M | $302M | · | $302M | |
| Intangibles | $71M | $73M | $76M | $78M | $80M | $83M | $85M | $142M | $142M | $142M | · | $142M | $138M | $127M | · | $127M | |
| Other Non-current Assets | $59M | $55M | $54M | $55M | $56M | $55M | $54M | $49M | $45M | $39M | · | $39M | $39M | $51M | · | $34M | |
| Total Assets | $5.41B | $4.84B | $4.86B | $4.87B | $4.84B | $5.21B | $7.04B | $7.06B | $6.95B | $6.95B | · | $6.94B | $6.67B | $6.59B | · | $6.17B | |
| Accounts Payable | $1.10B | $508M | $491M | $449M | $414M | $402M | $388M | $539M | $419M | $473M | · | $661M | $524M | $519M | · | $378M | |
| Accrued Liabilities | $203M | $212M | $209M | $225M | $207M | $231M | $254M | $358M | $375M | $362M | · | $363M | $334M | $286M | · | $267M | |
| Short-term Debt | $100M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $1.40B | $721M | $700M | $673M | $622M | $633M | $859M | $897M | $794M | $835M | · | $1.02B | $858M | $805M | · | $645M | |
| Capital Leases | · | · | $62M | · | · | · | $70M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $16M | $17M | $18M | · | $18M | $17M | $17M | · | $15M | |
| Other Non-current Liabilities | $439M | $387M | $389M | $375M | $375M | $383M | $389M | $542M | $558M | $567M | · | $541M | $516M | $491M | · | $373M | |
| Total Liabilities | $4.96B | $4.30B | $4.15B | $4.16B | $4.12B | $4.47B | $5.52B | $5.46B | $5.31B | $5.26B | · | $5.19B | $4.93B | $4.85B | · | $4.41B | |
| Long-term Debt | $3.10B | $3.18B | $3.05B | $3.10B | $3.11B | $3.44B | $3.73B | $4.02B | $3.95B | $3.85B | · | $3.61B | $3.55B | $3.54B | · | $3.38B | |
| Total Debt | $100M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| AOCI | · | · | $0 | $0 | $0 | $0 | $9M | $8M | $8M | $8M | · | $6M | $6M | $6M | · | $-5M | |
| Liabilities + Equity | $5.41B | $4.84B | $4.86B | $4.87B | $4.84B | $5.21B | $7.04B | $7.06B | $6.95B | $6.95B | · | $6.94B | $6.67B | $6.59B | · | $6.17B |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $63M | $59M | $63M | $57M | $56M | $75M | $80M | $82M | $78M | $74M | $70M | $68M | $68M | $73M | $79M | $74M | |
| Stock-based Comp | $3M | $-137.0K | $5M | $4M | $3M | $2M | $-3M | $-2M | $5M | $4M | $10M | $6M | $5M | $5M | $7M | $4M | |
| Deferred Tax | $-91.0K | $-188.0K | $688.0K | $-47.0K | $45.0K | $-113.0K | $2M | $-1M | $-522.0K | $509.0K | $-1M | $374.0K | $131.0K | $420.0K | $1M | $410.0K | |
| Amort. of Intangibles | $2M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $1M | $3M | $3M | $3M | $3M | $3M | |
| Other Non-cash | · | $10M | · | · | · | $384M | · | · | · | $64M | · | · | · | $3M | · | · | |
| Operating Cash Flow | $181M | $82M | $111M | $70M | $47M | $25M | $74M | $87M | $105M | $126M | $125M | $141M | $158M | $98M | $82M | $94M | |
| CapEx | $27M | $26M | $24M | $27M | $55M | $82M | $121M | $120M | $172M | $174M | $224M | $148M | $116M | $132M | $120M | $122M | |
| Investing Cash Flow | $-22M | $-23M | $-20M | $-21M | $-48M | $921M | $-116M | $-112M | $-157M | $-167M | $-218M | $-144M | $-110M | $-122M | $-120M | $-120M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | $500M | · | · | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | $500M | · | · | |
| Stock Repurchased | · | · | · | · | · | · | $0 | · | · | · | $0 | · | · | · | $0 | · | |
| Financing Cash Flow | $-119M | $-61M | $-90M | $-48M | $-372M | $-598M | $40M | $24M | $50M | $48M | $81M | $13M | $-54M | $34M | $41M | $22M | |
| Net Change in Cash | $40M | $-2M | $2M | $463.0K | $-373M | $348M | $-2M | $-731.0K | $-2M | $7M | $-12M | $10M | $-6M | $10M | $2M | $-4M | |
| Free Cash Flow | · | $56M | · | · | · | $-57M | · | · | · | $-48M | · | · | · | $-34M | · | · |
Profitability 6
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 19.8% | 17.2% | · | 19.0% | 17.9% | 5.5% | · | 7.0% | 7.8% | 9.4% | · | 13.8% | 12.8% | 6.2% | · | 10.4% | |
| Net Margin | 8.1% | 1.5% | · | 2.2% | -0.11% | -117.8% | · | -2.4% | -1.2% | 1.5% | · | 7.2% | 6.1% | -0.21% | · | 0.47% | |
| Pretax Margin | 10.7% | 4.3% | · | 5.6% | 2.7% | -9.1% | · | -1.4% | -0.18% | 2.6% | · | 8.3% | 7.0% | 0.54% | · | 1.3% | |
| EBITDA Margin | 19.8% | 30.3% | · | 19.0% | 17.9% | 24.3% | · | 18.5% | 18.0% | 18.9% | · | 22.3% | 21.3% | 15.5% | · | 20.7% | |
| ROA | 0.84% | 0.14% | · | 0.15% | -0.01% | -7.7% | · | -0.25% | -0.13% | 0.17% | · | 0.89% | 0.78% | -0.03% | · | 0.06% | |
| ROIC | 105.6% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 1.0 | · | 1.0 | 0.9 | 1.5 | · | 1.0 | 1.1 | 1.1 | · | 1.1 | 1.1 | 1.2 | · | 1.1 | |
| Quick Ratio | 0.9 | 0.9 | · | 0.9 | 0.8 | 1.4 | · | 0.8 | 0.9 | 0.8 | · | 0.9 | 0.9 | 1.0 | · | 0.9 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 0.6 | 0.8 | · | 0.6 | 0.6 | 0.7 | · | 0.9 | 1.0 | 1.1 | · | 1.1 | 1.3 | 1.2 | · | 1.6 |
Valuation (TTM) 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.77B | $1.64B | · | $1.59B | $1.60B | $1.66B | · | $2.07B | $2.48B | $2.84B | · | $3.12B | $3.04B | $2.87B | · | $2.59B | |
| Net Income TTM | $58M | $-453M | · | $-477M | $-495M | $-484M | · | $44M | $110M | $117M | · | $109M | $86M | $32M | · | $13M | |
| P/E | 472.3 | -4.2 | · | -3.7 | -3.6 | -3.3 | · | -36.1 | 84.2 | 53.0 | · | 57.3 | 318.3 | -28.9 | · | -18.4 | |
| Earnings Yield | 0.21% | -24.1% | · | -27.2% | -27.6% | -30.1% | · | -2.8% | 1.2% | 1.9% | · | 1.7% | 0.31% | -3.5% | · | -5.4% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.63B | $1.66B | $1.72B | $2.79B | $2.13B |
| Operating Margin % | 15.8% | 7.2% | 10.4% | 11.3% | 3.6% |
| Net Income | $-440M | $-64M | $118M | $75M | $-165M |
| Diluted EPS | $-4.19 | $-1.24 | $0.22 | $-0.04 | $-1.96 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.1 | 1.0 | 1.2 | 1.1 |
| Quick Ratio | 0.9 | 0.9 | 0.8 | 1.0 | 0.8 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $66M | $-195M | $-99M | $-90M | $37M |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 135 filers · $1.1B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 15 (+2 vs prior Q) | 12 (+2 vs prior Q) | 33 (-3 vs prior Q) | 37 (0 vs prior Q) | +16.9M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| ALPS ADVISORS INC | $351,985,266 | 24,840,174 | 31.92% | Shares |
| Invesco Ltd. | $264,964,164 | 18,698,953 | 24.03% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $109,413,598 | 7,721,496 | 9.92% | Shares |
| Creative Planning | $44,001,152 | 3,105,233 | 3.99% | Shares |
| Clearbridge Investments, LLC | $41,063,002 | 2,897,883 | 3.72% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $30,119,420 | 2,125,577 | 2.73% | Shares |
| ING GROEP NV | $23,943,049 | 1,689,700 | 2.17% | Shares |
| Jefferies Financial Group Inc. | $20,424,043 | 1,441,358 | 1.85% | Shares |
| MILLER HOWARD INVESTMENTS INC /NY | $20,169,421 | 1,423,389 | 1.83% | Shares |
| GOLDMAN SACHS GROUP INC | $17,474,132 | 1,233,178 | 1.58% | Shares |
| RR Advisors, LLC | $12,304,406 | 868,342 | 1.12% | Shares |
| NATIXIS | $12,213,123 | 861,900 | 1.11% | Shares |
| CIBC Bancorp USA Inc. | $11,306,413 | 797,912 | 1.03% | Shares |
| BARCLAYS PLC | $10,477,667 | 739,426 | 0.95% | Shares |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC | $9,117,488 | 643,436 | 0.83% | Shares |
| NEOS Investment Management LLC | $8,510,743 | 600,617 | 0.77% | Shares |
| Blackstone Inc. | $8,158,165 | 575,735 | 0.74% | Shares |
| Callodine Capital Management, LP | $6,871,926 | 484,963 | 0.62% | Shares |
| MANNING & NAPIER ADVISORS LLC | $6,871,926 | 484,963 | 0.62% | Shares |
| UBS Group AG | $5,367,341 | 378,782 | 0.49% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,917,175 | 347,013 | 0.45% | Shares |
| Fractal Investments LLC | $4,863,753 | 343,243 | 0.44% | Shares |
| Argent Trust Co | $4,666,533 | 329,325 | 0.42% | Shares |
| Occam Crest Management LP | $4,648,800 | 312,000 | 0.42% | Shares |
| Pinnacle Holdings, LLC | $3,345,353 | 236,087 | 0.30% | Shares |
| TEXAS CAPITAL BANCSHARES INC/TX | $3,342,000 | 200,000 | 0.30% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $3,290,274 | 232,200 | 0.30% | Call option |
| CITADEL ADVISORS LLC | $3,279,831 | 231,463 | 0.30% | Shares |
| Summit Financial, LLC | $2,982,742 | 210,497 | 0.27% | Shares |
| Texas Capital Bank Wealth Management Services Inc | $2,834,000 | 200,000 | 0.26% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,567,604 | 181,200 | 0.23% | Put option |
| ELCO Management Co., LLC | $2,397,592 | 169,202 | 0.22% | Shares |
| Advisors Asset Management, Inc. | $2,236,241 | 221,191 | 0.20% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $2,133,800 | 150,586 | 0.19% | Shares |
| DG Capital Management, LLC | $2,114,164 | 149,200 | 0.19% | Call option |
| BNP PARIBAS FINANCIAL MARKETS | $2,067,658 | 145,918 | 0.19% | Shares |
| DG Capital Management, LLC | $1,914,934 | 135,140 | 0.17% | Shares |
| JANE STREET GROUP, LLC | $1,795,339 | 126,700 | 0.16% | Call option |
| HighTower Advisors, LLC | $1,704,218 | 120,269 | 0.15% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $1,551,388 | 109,484 | 0.14% | Shares |
| JANE STREET GROUP, LLC | $1,547,364 | 109,200 | 0.14% | Put option |
| Maryland State Retirement & Pension System | $1,486,589 | 104,911 | 0.13% | Shares |
| Cresset Asset Management, LLC | $1,421,818 | 100,340 | 0.13% | Shares |
| Sowell Financial Services LLC | $1,297,804 | 91,588 | 0.12% | Shares |
| DBA TRADING, LLC | $1,292,675 | 72,500 | 0.12% | Shares |
| CITADEL ADVISORS LLC | $1,282,385 | 90,500 | 0.12% | Put option |
| FLAX POND CAPITAL, LLC | $1,207,737 | 85,232 | 0.11% | Shares |
| PEAK6 LLC | $1,031,576 | 72,800 | 0.09% | Call option |
| BROWN ADVISORY INC | $941,526 | 66,445 | 0.09% | Shares |
| JANE STREET GROUP, LLC | $885,327 | 62,479 | 0.08% | Shares |
| LPL Financial LLC | $821,113 | 57,947 | 0.07% | Shares |
| FMR LLC | $763,055 | 53,850 | 0.07% | Shares |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $747,368 | 52,743 | 0.07% | Shares |
| GRIZZLYROCK CAPITAL, LLC | $701,628 | 49,515 | 0.06% | Shares |
| OPPENHEIMER ASSET MANAGEMENT INC. | $627,986 | 44,318 | 0.06% | Shares |
| WELLS FARGO & COMPANY/MN | $587,162 | 41,437 | 0.05% | Shares |
| CARRET ASSET MANAGEMENT, LLC | $566,800 | 40,000 | 0.05% | Shares |
| AlTi Global, Inc. | $566,800 | 40,000 | 0.05% | Shares |
| Argent Advisors, Inc. | $549,229 | 38,760 | 0.05% | Shares |
| Mutual Advisors, LLC | $524,955 | 37,047 | 0.05% | Shares |
| Hilltop Holdings Inc. | $510,120 | 36,000 | 0.05% | Shares |
| Douglass Winthrop Advisors, LLC | $495,950 | 35,000 | 0.04% | Shares |
| GROUP ONE TRADING LLC | $474,638 | 33,496 | 0.04% | Shares |
| WOLVERINE TRADING, LLC | $467,022 | 28,100 | 0.04% | Call option |
| SIMPLEX TRADING, LLC | $402,187 | 28,383 | 0.04% | Shares |
| Sanctuary Advisors, LLC | $383,526 | 27,066 | 0.03% | Shares |
| Advisory Services Network, LLC | $367,782 | 25,955 | 0.03% | Shares |
| Claro Advisors Inc. | $361,335 | 25,500 | 0.03% | Shares |
| IMC-Chicago, LLC | $356,446 | 25,155 | 0.03% | Shares |
| Susquehanna Portfolio Strategies, LLC | $326,179 | 23,019 | 0.03% | Shares |
| WOLVERINE TRADING, LLC | $319,104 | 19,200 | 0.03% | Put option |
| Horrell Capital Management, Inc. | $311,740 | 22,000 | 0.03% | Shares |
| WOLVERINE TRADING, LLC | $282,872 | 17,020 | 0.03% | Shares |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $274,799 | 19,393 | 0.02% | Shares |
| VAN ECK ASSOCIATES CORP | $272,461 | 19,228 | 0.02% | Shares |
| Pettinga Financial Advisors LLC | $272,348 | 19,220 | 0.02% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $252,821 | 17,842 | 0.02% | Shares |
| Cetera Investment Advisers | $247,493 | 17,466 | 0.02% | Shares |
| STIFEL FINANCIAL CORP | $244,023 | 17,221 | 0.02% | Shares |
| Summit Financial Wealth Advisors, LLC | $235,406 | 16,613 | 0.02% | Shares |
| Pekin Hardy Strauss, Inc. | $226,720 | 16,000 | 0.02% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $225,586 | 15,920 | 0.02% | Shares |
| Arlington Trust Co LLC | $216,546 | 15,282 | 0.02% | Shares |
| Fulcrum Asset Management LLP | $207,373 | 11,683 | 0.02% | Shares |
| UMB Bank, n.a. | $198,380 | 14,000 | 0.02% | Shares |
| Arrow Investment Advisors, LLC | $185,074 | 13,061 | 0.02% | Shares |
| Equitable Holdings, Inc. | $168,269 | 11,875 | 0.02% | Shares |
| Fulcrum Asset Management LLP | $164,263 | 11,683 | 0.01% | Shares |
| F/m Investments LLC | $161,538 | 11,400 | 0.01% | Shares |
| KEYBANK NATIONAL ASSOCIATION/OH | $160,801 | 11,348 | 0.01% | Shares |
| ProShare Advisors LLC | $145,696 | 10,282 | 0.01% | Shares |
| DIVIDEND ASSETS CAPITAL, LLC | $143,857 | 10,152 | 0.01% | Shares |
| Rockefeller Capital Management L.P. | $137,916 | 9,732 | 0.01% | Shares |
| JPMORGAN CHASE & CO | $106,055 | 7,543 | 0.01% | Shares |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | $99,190 | 7,000 | 0.01% | Shares |
| Arax Advisory Partners | $98,021 | 6,918 | 0.01% | Shares |
| Jump Financial, LLC | $92,105 | 6,500 | 0.01% | Shares |
| CWM, LLC | $80,573 | 4,519 | 0.01% | Shares |
| Geneos Wealth Management Inc. | $75,101 | 5,300 | 0.01% | Shares |
| RAYMOND JAMES FINANCIAL INC | $74,378 | 5,249 | 0.01% | Shares |
Company insiders 42 insiders · 18 officers · 21 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| SIMS GRANT E | Chief Executive Officer | April 14, 2026 A | 3,002,913 | 0 | 0 | $0 |
| Robert V Deere | Chief Financial Officer | Nov. 21, 2017 P | 828,935 | 0 | 0 | $0 |
| Ryan S Sims | President & Chief Comm Officer | March 13, 2025 P | 23,500 | 0 | 0 | $0 |
| Edward T Flynn | President, Genesis Alkali, LLC | Aug. 11, 2023 P | 130,000 | 0 | 0 | $0 |
| Steven R Nathanson | President & COO | April 29, 2014 M | 617,043 | 0 | 0 | $0 |
| Frederick Michael Thompson | SVP and GM | April 14, 2026 A | — | 0 | 0 | $0 |
| Garland G Gaspard | Senior Vice President | March 25, 2025 P | 24,541 | 0 | 0 | $0 |
| Jeffrey J Rasmussen | VP & GM - Refinery Services | Aug. 14, 2023 P | 23,500 | 0 | 0 | $0 |
| William W Rainsberger | SVP - Offshore | May 10, 2023 P | 3,500 | 0 | 0 | $0 |
| William Stanton Goloway | Vice President | Nov. 10, 2020 S | 10,000 | 0 | 0 | $0 |
| Kristen O Jesulaitis | General Counsel & Secretary | March 12, 2020 P | 55,000 | 0 | 0 | $0 |
| Richard R Alexander | Vice President | Feb. 28, 2020 P | 15,500 | 0 | 0 | $0 |
| Chad Anthony Landry | Vice President | Feb. 26, 2020 P | 30,000 | 0 | 0 | $0 |
| Karen N Pape | SVP & Controller | Feb. 14, 2018 M | 152,131 | 0 | 0 | $0 |
| Stephen M Smith | Vice President | April 11, 2017 A | 416,144 | 0 | 0 | $0 |
| Paul A Davis | Sr VP - Business Development | April 12, 2016 A | 15,152 | 0 | 0 | $0 |
| Ross A Benavides | General Counsel | Feb. 5, 2010 M | 22,173 | 0 | 0 | $0 |
| Kerry W Mazoch | Vice President | Sept. 12, 2007 S | 8,169 | 0 | 0 | $0 |
| Jack T Taylor | Director | July 1, 2026 A | 32,865 | 0 | 0 | $0 |
| James E. Davison, Jr. | Director | July 1, 2026 A | 3,883,045 | 0 | 0 | $0 |
| Sharilyn S Gasaway | Director | July 1, 2026 A | 288,364 | 0 | 0 | $0 |
| Kenneth M Jastrow II | Director | July 1, 2026 A | 150,000 | 0 | 0 | $0 |
| Conrad P Albert | Director | July 1, 2026 A | 15,000 | 0 | 0 | $0 |
| James E Davison | Director | April 1, 2026 A | 2,717,890 | 0 | 0 | $0 |
| Corbin J Robertson III | Director | July 3, 2017 A | 1,590,039 | 0 | 0 | $0 |
| Donald L Evans | Director | Jan. 2, 2014 A | 49,826 | 0 | 0 | $0 |
| Robert C Sturdivant | Director | Oct. 5, 2012 S | 0 | 0 | 0 | $0 |
| William Keen Robertson | Director | Oct. 5, 2012 S | 0 | 0 | 0 | $0 |
| Carl A Thomason | Director | July 2, 2012 A | — | 0 | 0 | $0 |
| James S Nelson | Director | July 2, 2012 A | — | 0 | 0 | $0 |
| David C Baggett | Director | Feb. 5, 2010 M | 5,800 | 0 | 0 | $0 |
| Martin G White | Director | Feb. 5, 2010 M | 7,900 | 0 | 0 | $0 |
| Susan Rheney | Director | Feb. 5, 2010 M | 6,500 | 0 | 0 | $0 |
| Ronald Tracy Evans | Director | June 3, 2009 M | 15,300 | 0 | 0 | $0 |
| ALLEN MARK C | Director | June 3, 2009 M | 7,300 | 0 | 0 | $0 |
| Phil Rykhoek | Director | June 3, 2009 M | 12,300 | 0 | 0 | $0 |
| Gareth Roberts | Director | June 3, 2009 M | 12,300 | 0 | 0 | $0 |
| Herbert I Goodman | Director | Dec. 29, 2006 A | — | 0 | 0 | $0 |
| Davison Petroleum Products, L.L.C. | 10% owner | July 8, 2008 J | 1,327,007 | 0 | 0 | $0 |
| Conley J Stone | — | June 28, 2010 S | 5,300 | 0 | 0 | $0 |
| Mark J Gorman | — | Sept. 8, 2006 M | — | 0 | 0 | $0 |
| Mark Worthey | — | June 19, 2006 M | 500 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 10 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| James E. Davison, Jr. ×2 filings | May 22, 2026 | 4.43% | Amendment | — | SEC |
| GSO Rodeo Holdings LP, GSO Rodeo Holdings Associates LLC, GSO Holdings I L.L.C., Blackstone Holdings II L.P., Blackstone Holdings I/II GP L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., Stephen A. Schwarzman ×4 filings | Feb. 5, 2026 | 4.90% | Amendment | — | SEC |
| KKR Rodeo Aggregator L.P., KKR Rodeo Aggregator GP LLC, KKR Global Infrastructure Investors II (Rodeo) L.P., KKR Associates Infrastructure II AIV L.P., KKR Infrastructure II AIV GP LLC, KKR Financial Holdings LLC, KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc., KKR & Co. Inc., KKR Management LLP, Henry R. Kravis, George R. Roberts | March 10, 2025 | 6.00% | Amendment | — | SEC |
| Rodeo Finance Aggregator LLC, KKR Rodeo Aggregator L.P., KKR Rodeo Aggregator GP LLC, KKR Global Infrastructure Investors II (Rodeo) L.P., KKR Associates Infrastructure II AIV L.P., KKR Infrastructure II AIV GP LLC, KKR Financial Holdings LLC, KKR Fund Holdings L.P., KKR Fund Holdings GP Limited, KKR Group Holdings Corp., KKR & Co. Inc., KKR Management LLC, Henry R. Kravis, George R. Roberts | July 15, 2019 | — | Initial filing | Passive investment | SEC |
| Q GEI Holdings, LLC, Quintana Energy Partners II, L.P., QEP II Genesis TE Holdco, LP, QEP Management Co., L.P., QEP Management Co. GP, LLC, Quintana Capital Group II, L.P., Quintana Capital Group GP, Ltd. ×3 filings | Aug. 17, 2011 | — | Initial filing | — | SEC |
| Terminal Service, Inc., James E. Davison, Sr., James E. Davison, Jr., Steven K. Davison, Todd A. Davison | March 26, 2010 | — | Initial filing | Passive investment | SEC |
| Arkansas Transport Company, Inc., Terminal Service, Inc., James E. Davison, Sr., James E. Davison, Jr., Steven K. Davison, Todd A. Davison | Oct. 22, 2008 | — | Initial filing | Passive investment | SEC |
| Fargo Petroleum, L.L.C., Fargo Transport, Inc., Arkansas Transport Company, Inc., Terminal Service, Inc., Ouachita Oil and Storage, Inc., James E. Davison, Sr., James E. Davison, Jr., Steven K. Davison, Todd A. Davison | July 18, 2008 | — | Initial filing | Passive investment | SEC |
| Davison Petroleum Products, L.L.C., Davison Transport, Inc., Transport Company, Davison Terminal Service, Inc., Sunshine Oil and Storage, Inc., James E. Davison, Sr. ×2 filings | Jan. 4, 2008 | — | Initial filing | Passive investment | SEC |
| Swank Group, L.L.C., Swank Energy Income Advisors, L.P., Jerry V. Swank | June 7, 2005 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 12 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| MLPA · Global X Funds | 4.53% | 6,336,211 NS | May 31, 2026 | N-PORT |
| AMLP · ALPS ETF Trust | 3.23% | 26,080,699 NS | May 31, 2026 | N-PORT |
| AMZA · ETFis Series Trust I | 2.39% | 638,417 NS | April 30, 2026 | N-PORT |
| BSJR · Invesco Exchange-Traded Self-Indexe… | 0.84% | 6,871,000 | Aug. 8, 2026 | Daily |
| GYLD · ARROW ETF TRUST | 0.64% | 11,637 NS | April 30, 2026 | N-PORT |
| MLPX · Global X Funds | 0.60% | 1,424,261 NS | May 31, 2026 | N-PORT |
| ENFR · ALPS ETF Trust | 0.58% | 176,400 NS | May 31, 2026 | N-PORT |
| USAI · Pacer Funds Trust | 0.56% | 34,974 NS | April 30, 2026 | N-PORT |
| CVY · Invesco Exchange-Traded Fund Trust | 0.54% | 44,799 | Aug. 8, 2026 | Daily |
| TPYP · Tortoise Capital Series Trust | 0.20% | 111,182 NS | May 31, 2026 | N-PORT |
| TOLZ · ProShares Trust | 0.08% | 8,900 NS | May 31, 2026 | N-PORT |
| NEAR · iShares U.S. ETF Trust | 0.01% | 607,000 SH | Aug. 8, 2026 | Daily |