GENESIS ENERGY LP

For the period ended Dec 31, 2023. Filed Feb 23, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 23, 2024

GEL$12.73-1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In thousands, except units)

	December 31, 2023	December 31, 2022
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$9,234	$7,930
Restricted cash	18,804	18,637
Accounts receivable—trade, net	759,547	721,567
Inventories	135,231	78,143
Other	41,234	26,770
Total current assets	964,050	853,047
FIXED ASSETS, at cost	6,500,897	5,865,038
Less: Accumulated depreciation	(1,972,596)	(1,768,465)
Net fixed assets	4,528,301	4,096,573
MINERALS LEASEHOLDS, net of accumulated depletion	540,520	545,122
EQUITY INVESTEES	263,829	284,486
INTANGIBLE ASSETS, net of amortization	141,537	127,320
GOODWILL	301,959	301,959
RIGHT OF USE ASSETS, net	240,341	125,277
OTHER ASSETS, net of amortization	38,241	32,208
TOTAL ASSETS	$7,018,778	$6,365,992
LIABILITIES AND CAPITAL
CURRENT LIABILITIES:
Accounts payable—trade	$588,924	$427,961
Accrued liabilities	378,523	281,146
Total current liabilities	967,447	709,107
SENIOR SECURED CREDIT FACILITY	298,300	205,400
SENIOR UNSECURED NOTES, net of debt issuance costs, discount and premium	3,062,955	2,856,312
ALKALI SENIOR SECURED NOTES, net of debt issuance costs and discount	391,592	402,442
DEFERRED TAX LIABILITIES	17,510	16,652
OTHER LONG-TERM LIABILITIES	570,197	400,617
Total liabilities	5,308,001	4,590,530
MEZZANINE CAPITAL:
Class A Convertible Preferred Units, 23,111,918 and 25,336,778 issued and outstanding at December 31, 2023 and 2022, respectively.	813,589	891,909
COMMITMENTS AND CONTINGENCIES (Note 22)
PARTNERS’ CAPITAL:
Common unitholders, 122,464,318 and 122,579,218 units issued and outstanding at December 31, 2023 and 2022	519,698	567,277
Accumulated other comprehensive income	8,040	6,114
Noncontrolling interests	369,450	310,162
Total partners’ capital	897,188	883,553
TOTAL LIABILITIES, MEZZANINE CAPITAL AND PARTNERS’ CAPITAL	$7,018,778	$6,365,992

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.