How to Buy Genesis Energy Stock
Genesis Energy LP
Genesis Energy is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker GEL on the NYSE exchange.
Genesis Energy stock last closed at $13.56, up 0.97% from the previous day, and has increased 35.6% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.01 percentage points. Genesis Energy stock is currently +37.66% from its 52-week low of $9.85, and -10.61% from its 52-week high of $15.17.
As of Oct 3, 2024, there are 122.46M GEL shares outstanding. The market cap of GEL is $1.66B. In the past 24 hours, 148,002 GEL shares were traded.
How to Buy Genesis Energy Stock
Not sure how to invest in Genesis Energy stock? Here's how.
- Choose where to buy Genesis Energy stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Genesis Energy stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Research Genesis Energy stock: The Genesis Energy ticker symbol is GEL. Is Genesis Energy stock a good investment? Should you buy shares of GEL? How do GEL's underlying business fundamentals look? Do top analysts think Genesis Energy is a good buy? Why has GEL's stock price moved recently? (Hint: Our stock market research website can help you figure out if GEL is a good stock to buy).
- Execute your GEL trade: Decide if you will purchase GEL shares at the current market price or use a limit order to buy GEL stock at a particular price.
- Get notifications regarding your GEL investment: Create a watchlist to get the latest news on your investment in Genesis Energy shares.
Step 1: Choose where to buy Genesis Energy stock
You will need a brokerage account to access the NYSE market and buy GEL stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in GEL stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on mobile trading apps, you can securely and quickly fund your account:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Research Genesis Energy stock
After you have selected the best place to buy Genesis Energy stock, it's critical to research their stock prior to buying, so you actually understand the risk as well as the upside.
Overview of key GEL info
Genesis Energy Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on GEL's stock page.
How is GEL stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge GEL's fair value.
Using relative valuations methods:
- GEL could be overvalued based on its P/B ratio of 3.8x, relative to Oil & Gas Midstream industry P/B ratio of 2.66x
You can access more valuation research on GEL's stock here.
GEL Financial Health Overview
Signs that GEL is financially healthy:
- There are more short-term assets than short-term liabilities on the GEL balance sheet.
- GEL has $32.50M in cash and short term investments. This is enough to cover its annual cash burn of $222.65M.
Signs that GEL is not financially healthy:
- There are more long-term liabilities than short-term assets on the GEL balance sheet.
- GEL has cash burn of 222654000. It does not have sufficient cash and short-term investments to cover this.
- Total GEL debt is higher than 5 years ago, relative to shareholder equity.
- GEL has a relatively high debt to equity ratio of 12.14.
- GEL profit margin has gone down from 0.1% to -0.5% in the past year.
GEL Technicals
GEL Growth Numbers
Last year, GEL revenue was $3.11B. In the last five year, GEL's revenue has increased by 2.94% per year. This was slower than the Oil & Gas Midstream industry average of 7.46%.
You can research GEL's earnings and revenue performance here.
Latest Insiders Trades at GEL
Over the past 12 months, insiders at GEL have sold more shares than they have bought.
Conrad P. Albert, Director of GEL, was the latest GEL insider to sell. They sold $41,134.00 worth of GEL stock on Oct 2, 2024.
Learn more about who owns GEL shares here.
Can I rely on GEL as an income stream?
Genesis Energy pays a dividend of 4.42%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.86%. If you owned $1,000 worth of GEL stock, you would have been paid $44.25 in the past year.
Genesis Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Genesis Energy dividend yield and history here.
What do other investors have to say about GEL?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your GEL trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your GEL investment
Now that you own some GEL stock, you'll want to keep up with your new investment.
Make a watchlist to get notified of important updates regarding your GEL stock.
GEL Feed
How to Buy Stock in Genesis Energy
To summarize, here are the 6 steps for buying Genesis Energy stock:
- Choose where to buy Genesis Energy stock
- Open a brokerage account
- Deposit money your brokerage account
- Research Genesis Energy stock
- Execute your GEL trade
- Get notifications regarding your GEL investment
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Genesis Energy, add GEL to your watchlist by clicking the button below.
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