Genesis Energy, L.P. Increases Quarterly Distribution
January 12 2017 - 6:30AM
Business Wire
Genesis Energy, L.P. (NYSE: GEL) announced today that it will
pay a regular quarterly distribution of $0.71 per Common Unit for
the quarter ended December 31, 2016. The distribution will be paid
on February 14, 2017, to Common Unitholders of record at the close
of business on January 31, 2017. This distribution represents an
increase of approximately 8.4% over the fourth quarter 2015
quarterly distribution of $0.655 per unit, and an approximate 1.4%
increase over the distribution paid with respect to the third
quarter of 2016. This is the forty-sixth consecutive quarter in
which Genesis has increased its quarterly distribution.
Genesis Energy, L.P. is a diversified midstream energy master
limited partnership headquartered in Houston, Texas. Genesis’
operations include onshore and offshore pipeline transportation,
refinery services, marine transportation and supply and logistics.
Genesis’ operations are primarily located in Texas, Louisiana,
Arkansas, Mississippi, Alabama, Florida, Wyoming and the Gulf of
Mexico.
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version on businesswire.com: http://www.businesswire.com/news/home/20170112005180/en/
Genesis Energy, L.P.Bob Deere, (713) 860-2516Chief Financial
Officer
Genesis Energy (NYSE:GEL)
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