May 10, 2011
Genesis Energy (GEL), a limited partnership focused on the midstream segment of the oil and gas industry in the U.S. Gulf Coast region, reported Q1 net income attributable to the partnership of $7 mln versus $6.9 mln a year ago. Net income per common unit was $0.11 per unit over $0.06 per unit in Q1 2010. Revenues were also higher at $689.80 mln over last year's $466.53 mln. Analysts were looking for revenues of $526.44 mln. Shares are down 1.11% at $27.63.
Oil & Gas Post
Promote Your Page Too
No comments:
Post a Comment