GENESIS ENERGY LP
For the period ended Jun 30, 2025. Filed Jul 31, 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.
Jun 30, 2025 · Filed Jul 31, 2025
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6. Inventories
- Inventories
The major components of inventories were as follows:
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| Crude oil | $41,567 | $20,381 |
| NaHS | 8,499 | 10,902 |
| Caustic soda | 8,118 | 6,499 |
| Total | $58,184 | $37,782 |
Inventories are valued at the lower of cost or net realizable value. As of June 30, 2025 and December 31, 2024, the net realizable value of inventories was below cost by $0.2 million and $0.4 million, respectively, which triggered a reduction of the value of inventory in our Unaudited Condensed Consolidated Financial Statements by this amount.
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