GENESIS ENERGY LP
For the period ended Mar 31, 2025. Filed May 8, 2025.
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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.
Mar 31, 2025 · Filed May 8, 2025
GEL$12.86+3.0%Stored close · as of Nov 6, 2026
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9. Intangible Assets
- Intangible Assets
The following table summarizes the components of our intangible assets at the dates indicated:
| March 31, 2025 | December 31, 2024 | |||||
|---|---|---|---|---|---|---|
| GrossCarryingAmount | AccumulatedAmortization | CarryingValue | GrossCarryingAmount | AccumulatedAmortization | CarryingValue | |
| Offshore pipeline contract intangibles | $158,101 | $80,437 | $77,664 | $158,101 | $78,357 | $79,744 |
| Other | 22,773 | 17,521 | 5,252 | 22,633 | 17,090 | 5,543 |
| Total | $180,874 | $97,958 | $82,916 | $180,734 | $95,447 | $85,287 |
Our amortization of intangible assets for the periods presented was as follows:
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Amortization of intangible assets | $2,570 | $2,459 |
We estimate that our amortization expense for the next five years will be as follows:
| Remainder of | 2025 | $7,707 |
|---|---|---|
| 2026 | 9,859 | |
| 2027 | 9,291 | |
| 2028 | 8,620 | |
| 2029 | 8,582 |
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