Genesis Energy, L.P. (GEL) Reports Q2 2025 Results; Wells Fargo and RBC Capital Maintain ‘Buy’ Rating

With strong share price gains and significant hedge fund interest, Genesis Energy, L.P. (NYSE:GEL) secures a spot on our list of the 13 Hot Oil Stocks to Buy Now.

Genesis Energy, L.P. (GEL) Reports Q2 2025 Results; Wells Fargo and RBC Capital Maintain ‘Buy’ Rating

An oil tanker heading out to sea, a symbol of the company’s processes and operations.

On July 31, 2025, Genesis Energy, L.P. (NYSE:GEL) reported its results for Q2 2025. The company recorded a YoY improvement in its net loss from $8.7 million to $0.4 million, while delivering $122.9 million in adjusted EBITDA. The company’s improved operations were led by the successful start-up of the Shenandoah production facility. The facility is now delivering oil to the new SYNC and expanded CHOPS pipelines. Ramp-up to 90-100 kbd is expected in the coming weeks. Meanwhile, Salamanca is well-positioned to record its first oil by Q3-end. The company expects full-year adjusted EBITDA at the low end of its $545-$575 million guidance, despite commissioning delays.

Following the earnings release, Wells Fargo maintained its ‘Buy’ rating on Genesis Energy, L.P. (NYSE:GEL) on August 1, 2025, with a $19 price target. On the same day, RBC Capital also maintained its ‘Buy’ rating with a $20 target. Both analysts maintain a bullish stance due to the strong potential of Shenandoah and Salamanca, alongside improving offshore margins and expected debt reduction by the end of 2025.

Genesis Energy, L.P. (NYSE:GEL), headquartered in Houston, Texas, provides offshore pipeline transportation, marine transportation, and onshore services. It is included in our list of the hot stocks to buy.

While we acknowledge the potential of GEL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEL and that has 100x upside potential, check out our report about this cheapest AI stock.

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