How to Buy Genesis Energy Stock

Step 1: Choose where to buy Genesis Energy stock

You will need a brokerage account to access the NYSE market and buy GEL stock.

Step 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.

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2. Input your personal data to open a new trading account.

3. Send your information by pressing the "Create Account" button.
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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/E ratio of 56.18x, relative to Oil & Gas Midstream industry P/E ratio of 14.18x
• GEL could be overvalued based on its P/B ratio of 2.87x, relative to Oil & Gas Midstream industry P/B ratio of 2.35x
• GEL may be overvalued based on its PEG ratio of 14.98x

You can do more valuation research on GEL's stock here.

How do GEL Financials look?

Signs that GEL is financially healthy:

• GEL has $28.04M in cash and short term investments. This is enough to cover its annual cash burn of $98.89M.
• GEL profit margin has gone up from -0.2% to 0.8% in the past year.

Signs that GEL is not financially healthy:

• Total GEL debt is higher than 5 years ago, relative to shareholder equity.
• There are more long-term liabilities than short-term assets on the GEL balance sheet.
• There are more short-term liabilities than short-term assets on the GEL balance sheet.
• GEL has a relatively high debt to equity ratio of 10.06.
• GEL has cash burn of 98893000. It does not have sufficient cash and short-term investments to cover this.

Do Wall Street analysts think it's a good time to buy GEL stock

Out of 1 Equities analysts who give forecasts on GEL, the consensus analyst rating on GEL is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Genesis Energy stock forecast page.

GEL Trading Indicators

Is GEL Growing Revenue?

Last year, GEL earnings were $27.00M. Over the last 4 year, GEL's earnings have gone up by 5.14% per year. This was slower than the Oil & Gas Midstream industry average of 21.56%.

Last year, GEL revenue was $3.18B. During the past 5 year, GEL's revenue has increased by 1.75% per year. This was slower than the Oil & Gas Midstream industry average of 8.41%.

Learn more about GEL's earnings and revenue performance here.

What are GEL insiders up to?

Over the past year, executives and large shareholders 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 $30,269.70 worth of GEL shares on Apr 3, 2024.

Dig into more about who owns GEL shares here.

Does GEL stock generate passive income?

Genesis Energy pays a dividend of 3.64%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.68%. If you owned $1,000 worth of GEL stock, you would have been paid $36.41 in the past year.

Genesis Energy dividend payments have not consistently grown over the past decade and have not remained stable.

Find more info about Genesis Energy dividend yield and history here.

What others are saying about GEL

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your GEL trade

There are two primary types of orders:

• Market order: A market order is an order to buy or sell a stock at the best available price.
  Market orders are usually the best for newer investors.
• Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
  If you want to be certain you're buying or selling at a given price, use a limit order.

Press the Open button and your broker will place your order.

If you want additional help buying stocks on eToro, click the helpful video below:

Step 6: Get notifications regarding your GEL investment

Now that you own some shares in GEL, you'll want to keep up with your new company.

Start a watchlist to keep tabs on your GEL stock.

How to Buy Stock in Genesis Energy

To reiterate, here are the 6 steps you need to take to buy Genesis Energy stock right now:

1. Choose where to buy Genesis Energy stock
2. Open a brokerage account
3. Deposit money your brokerage account
4. Research Genesis Energy stock
5. Execute your GEL trade
6. Get notifications regarding your GEL investment

If you are looking for a place to buy stocks, eToro is our favorite venue.

If you want to get the latest scoop on your new investment in Genesis Energy, click below.

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