Genesis Energy: Focus on Midstream Energy Business! The Sale of its Soda Business Brings in Over $1 Billion!
Reading Time: 4 minutes
The "Energy" sector starts this week as the only sector with positive price performance. We focus on Genesis Energy, the sector leader in "Oil & Gas Midstream," which has seen a significant increase of 28.77% month-over-month, and we examine the latest news regarding the energy company. Genesis Energy owns offshore and onshore pipeline infrastructure Sale of the alkali segment to WE Soda to improve debt situation Net loss of $449.4 million impacts the business Genesis Energy LP (GEL) is a midstream...
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