Short % of float of Genesis Energy, L.P.
Short percentage of float, or short interest ratio, is calculated by taking the total amount of shares shorted and dividing it by the total amount of shares available for trade. It is an indirect metric of investor sentiment. When short percentage of float is high, above 40%, it implies company investors hope shares will decline in value. The percentage is used by both fundamental and technical traders to identify trends. The short percentage of float can also be calculated for entire exchanges to determine the sentiment of the market as a whole. If it is high of around five or greater for an exchange, this can be taken as a bearish signal, and vice versa.
Short % of float of companies in the Energy sector on NYSE compared to Genesis Energy, L.P.
About Genesis Energy, L.P.
Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. It operates through four segments: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. The Offshore Pipeline Transportation segment engages in the pipeline transportation and processing of crude oil and natural gas. This segment owns interests in approximately 1,437 miles of crude oil pipelines located offshore in the Gulf of Mexico. The Refinery Services segment processes high sulfur gas streams to remove sulfur for refineries. This segment provides services to 10 refining operations; and sells the by-product sodium hydrosulfide and caustic soda to industrial and commercial companies involved in the mining of base metals, such as copper and molybdenum, as well as in the production of pulp and paper. The Marine Transportation segment offers waterborne transportation of petroleum products and crude oil in North America. This segment owns a fleet of 83 barges with a combined transportation capacity of 2.9 million barrels; and 43 push/tow boats. The Supply and Logistics segment provides services to Gulf Coast crude oil refineries and producers through purchasing, transporting, storing, blending, and marketing crude oil and refined products. It operates a suite of approximately 200 trucks, 400 trailers, 523 railcars, and terminals and tankage with 4.6 million barrels of storage capacity in various locations along the Gulf Coast. This segment also transports crude oil and carbon dioxide (CO2). It owns 5 onshore crude oil pipeline systems with approximately 580 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, Texas, and Wyoming; and 2 CO2 pipelines with approximately 270 miles of pipe. In addition, the company produces natural soda ash. Genesis Energy, LLC serves as a general partner of the company. Genesis Energy, L.P. was founded in 1996 and is headquartered in Houston, Texas.
- Genesis Energy, L.P., 919 Milam, Houston 77002, United States
Companies with Short % of float similar to Genesis , L.P
|Company||Industry||Short % of float|
|GEL Genesis Energy, L.P.||NYSE > Energy > Oil Refining/Marketing||0.00%|
|SGY Stone Energy Corporation||NYSE > Energy > Oil & Gas Production||151.66%|
|BCEI Bonanza Creek Energy, Inc.||NYSE > Energy > Oil & Gas Production||186.77%|
|ORIG Ocean Rig UDW Inc.||NASDAQ > Energy > Oil & Gas Production||962.89%|
|DRYS DryShips Inc.||NASDAQ > Transportation > Marine Transportation||5,128.56%|
|TOPS TOP Ships Inc.||NASDAQ > Transportation > Marine Transportation||14,258.00%|
|DCIX Diana Containerships Inc.||NASDAQ > Transportation > Marine Transportation||22,360.20%|