Genesis (GEL)

Genesis Energy is a publicly traded, master limited partnership headquartered in Houston, Texas. We own and operate midstream assets in four business segments offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. Our operations are located primarily in the Gulf Coast region of the United States, Wyoming, and the Gulf of Mexico. Our primary business strategy is to provide an integrated suite of services to refiners, crude oil and natural gas producers, and industrial and commercial enterprises.

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Devon Breaks LNG Capital Barrier

In an industry milestone, an independent producer has lined up an equity stake in a U.S. LNG export project. We see Devon Energy’s (DVN) agreement for the Delfin LNG project as a possible template for producers to bridge the capital gap and juice midstream investments in the high-flying LNG sector.

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