GENESIS ENERGY LP
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
GEL$12.73-1.0%Stored close · as of Nov 9, 2026
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9. Intangible Assets
- Intangible Assets
The following table summarizes the components of our intangible assets at the dates indicated:
| September 30, 2024 | December 31, 2023 | |||||
|---|---|---|---|---|---|---|
| GrossCarryingAmount | AccumulatedAmortization | CarryingValue | GrossCarryingAmount | AccumulatedAmortization | CarryingValue | |
| Offshore pipeline contract intangibles | $158,101 | $76,277 | $81,824 | $158,101 | $70,036 | $88,065 |
| Other | 80,477 | 20,230 | 60,247 | 70,974 | 17,502 | 53,472 |
| Total | $238,578 | $96,507 | $142,071 | $229,075 | $87,538 | $141,537 |
Our amortization of intangible assets for the periods presented was as follows:
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Amortization of intangible assets | $3,309 | $3,069 | $8,969 | $8,747 |
We estimate that our amortization expense for the next five years will be as follows:
| Remainder of | 2024 | $2,855 |
|---|---|---|
| 2025 | 15,632 | |
| 2026 | 15,159 | |
| 2027 | 14,706 | |
| 2028 | 14,448 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.