Is GEL a good stock to buy?
We came across a bullish thesis on Genesis Energy, L.P. on Jon Costello (Ideas From HFI Research)’s Substack by HFI Research
In this article, we will summarize the bulls’ thesis on GEL. Genesis Energy, L.P.’s share was trading at $15.47 as of June 8th. GEL’s trailing P/E was 41.53 according to Yahoo Finance.
Pixabay/Public Domain Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States. GEL is presented as a transformed Gulf of America midstream infrastructure operator at a clear inflection point, with the market still mispricing it as a complex, leveraged turnaround despite significant balance sheet repair, asset simplification, and accelerating growth visibility. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential Following the divestiture of its soda ash business for $1.425 billion, the company has meaningfully strengthened its financial position through debt repayment, high-cost note refinancing, preferred unit repurchases, and an extended maturity profile, resulting in materially reduced interest burden and no significant maturities until 2029. With bank leverage at approximately 5.12x and EBITDA growth guided at 15–20% through 2026, bulls argue leverage can compress toward sub-4.5x without additional asset sales, placing the company on a trajectory toward an investment-grade profile while simultaneously expanding cash flow per unit.