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19.05.26 - 01:48
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Contact Energy reports April 2026 earnings (Fool)
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Contact Energy lifted electricity and gas sales in April 2026 while progressing new renewable projects and cutting generation costs.
The post Contact Energy reports April 2026 earnings appeared first on The Motley Fool Australia....
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07.05.26 - 12:09
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Genesis Energy, L.P. Reports First Quarter 2026 Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) today announced its first quarter results.
We generated the following financial results for the first quarter of 2026:
Net Income Attributable to Genesis Energy, L.P. of $6.8 million for the first quarter of 2026 compared to Net Loss Attributable to Genesis Energy, L.P. of $469.1 million for the same period in 2025.
Cash Flows from Operating Activities of $81.7 million for the first quarter of 2026 compared to $24.8 million for the same period in 2025.
We declared cash distributions on our preferred units of $0.9473 for each preferred unit, which equates to a cash distribution of approximately $13.6 million and is reflected as a reduction to Available Cash before Reserves to common unitholders.
Available Cash before Reserves to common unitholders of $43.8 million for the first quarter of 2026, which provided 1.99X coverage for the quarterly distribution of $0.18 per common unit attributable to the first quarter.
Total Segment Margin of $156.4 mill...
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