GENESIS ENERGY LP
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
GEL$12.73-1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except units)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $10,748 | $9,234 |
| Restricted cash | 18,804 | 18,804 |
| Accounts receivable—trade, net | 740,584 | 759,547 |
| Inventories | 110,739 | 135,231 |
| Other | 30,858 | 41,234 |
| Total current assets | 911,733 | 964,050 |
| FIXED ASSETS, at cost | 6,874,455 | 6,500,897 |
| Less: Accumulated depreciation | (2,206,947) | (1,972,596) |
| Net fixed assets | 4,667,508 | 4,528,301 |
| MINERALS LEASEHOLDS, net of accumulated depletion | 535,551 | 540,520 |
| EQUITY INVESTEES | 240,368 | 263,829 |
| INTANGIBLE ASSETS, net of amortization | 97,285 | 141,537 |
| GOODWILL | 301,959 | 301,959 |
| RIGHT OF USE ASSETS, net | 228,186 | 240,341 |
| OTHER ASSETS, net of amortization | 55,102 | 38,241 |
| TOTAL ASSETS | $7,037,692 | $7,018,778 |
| LIABILITIES AND CAPITAL | ||
| CURRENT LIABILITIES: | ||
| Accounts payable—trade | $491,070 | $588,924 |
| Accrued liabilities | 367,685 | 378,523 |
| Total current liabilities | 858,755 | 967,447 |
| SENIOR SECURED CREDIT FACILITY | 291,000 | 298,300 |
| SENIOR UNSECURED NOTES, net of debt issuance costs, discount and premium | 3,436,860 | 3,062,955 |
| ALKALI SENIOR SECURED NOTES, net of debt issuance costs and discount | 379,293 | 391,592 |
| DEFERRED TAX LIABILITIES | 17,801 | 17,510 |
| OTHER LONG-TERM LIABILITIES | 538,200 | 570,197 |
| Total liabilities | 5,521,909 | 5,308,001 |
| MEZZANINE CAPITAL: | ||
| Class A Convertible Preferred Units, 23,111,918 issued and outstanding at December 31, 2024 and 2023, respectively | 813,589 | 813,589 |
| COMMITMENTS AND CONTINGENCIES (Note 22) | ||
| PARTNERS’ CAPITAL: | ||
| Common unitholders, 122,464,318 units issued and outstanding at December 31, 2024 and 2023, respectively | 279,891 | 519,698 |
| Accumulated other comprehensive income | 9,486 | 8,040 |
| Noncontrolling interests | 412,817 | 369,450 |
| Total partners’ capital | 702,194 | 897,188 |
| TOTAL LIABILITIES, MEZZANINE CAPITAL AND PARTNERS’ CAPITAL | $7,037,692 | $7,018,778 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.