Genesis Energy Q2 FY26: Net income swings to $42.9M on offshore growth, $17.4M asset sale

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~1 min read

Key Changes

• high

  Net income swung to $42.9M from a $0.4M loss in Q2 FY25, driven by 32% offshore segment margin growth (Shenandoah and Salamanca production ramp), a $17.4M gain on non-core asset sale, and $6.0M higher Poseidon equity earnings.

  MD&A: Net Income verify on EDGAR →
• high

  Revenue rose 41.0% to $532.0M; diluted EPS reached $0.26. Available Cash before Reserves surged 143% to $78.3M, supporting a 21% distribution increase to $0.20/unit.

  MD&A: Financial Performance verify on EDGAR →
• high

  CHOPS pipeline volumes jumped 22% to 396,708 Bbls/day and Poseidon volumes rose 26% to 312,930 Bbls/day, reflecting full-quarter Shenandoah and Salamanca production. Monument development expected Q4 2026.

  MD&A: Offshore Volumes verify on EDGAR →